1139 E Leicester Ave,Norfolk, VA 23503
Norfolk, VA 23503
Description
Investment opportunity or live in one and let the other help offset your mortgage! Updated Ocean View duplex featuring two spacious 3BR/2BA units plus detached storage garage. Unit 1 is vacant and move-in ready. Unit 2 has a long-term tenant since 2021, currently month-to-month, offering flexibility. Extensive 2022 improvements include new roof, windows, updated electrical, downstairs HVAC, flooring, appliances and fresh paint. In 2026, an additional downstairs bathroom and tankless water heater were installed, creating two full baths in each unit and increasing rental potential. Historical annual rents exceeded $38K, with projected annual income of $45K. Ideal for investors or owner-occupants seeking rental income, flexibility and significant capital improvements already completed.
Details
| MLS # | 10656332 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 10 |
| Listing Provided By | BHHS RW Towne Realty | Katie Howlett |
Features
| SQ Feet | 2,400 |
|---|---|
| Water Front | Not Waterfront |
Interior
| Accessibility | Main Floor Laundry |
|---|---|
| Water Heater Type | Gas |
Exterior
| Exterior Siding | Vinyl |
|---|---|
| Fence Description | None |
| Roof | Asphalt Shingle |
Location
| Neighborhood Name | KENILWORTH |
|---|
Utilities
| Sewer Type | City/County |
|---|---|
| Water Type | City/County |
Taxes
| Property | 2433 |
|---|
Area Information
| State | VA |
|---|---|
| County | Norfolk VA |
| City | Norfolk |
| Zip Code | 23503 |
| Area | 13 North Norfolk |
| Community Name | OCEAN VIEW |
| School District | Norview |
| Elementary School | Oceanair Elementary |
| High School | Norview |
| Listing VS Median (in OCEAN VIEW) | |
Price: $500,000 low | high Med: $340,000 sqft: 2,400 low | high Med: 1,042 $ / sqft: $208 low | high Med: $326 On site: 10 low | high Med: 21 | |
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Learn More About This Property
| State | VA |
|---|---|
| County | Norfolk VA |
| City | Norfolk |
| Zip Code | 23503 |
| Area | 13 North Norfolk |
| Community Name | OCEAN VIEW |
| School District | Norview |
| Elementary School | Oceanair Elementary |
| High School | Norview |
| Listing VS Median (in OCEAN VIEW) | |
Price: $500,000 low | high Med: $340,000 sqft: 2,400 low | high Med: 1,042 $ / sqft: $208 low | high Med: $326 On site: 10 low | high Med: 21 | |
 | $398,7001129 Modoc AveNorfolk, VA 23503 |