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2,100 sqft

$280,000

1551 Spruce Street ST, Norfolk VA, 23502

Price per sqft$133.33
Built in1951
Property size2,100 sqft
Property typeMulti-family

Overview

Active

New Listing

Listed Oct 8, 2026

Updated 19h ago

Discover a fantastic investment opportunity at 1551 Spruce Street in Norfolk! This side-by-side duplex offers two distinct rental units with a combined monthly rental income of $2,700. Unit A features 3 bedrooms, 2 bathrooms, and approximately 1,300 square feet of living space, currently renting for $1,500 per month. Unit B offers 2 bedrooms, 1 bathroom, and approximately 828 square feet, currently renting for $1,200 per month. Each unit enjoys its own designated backyard area, providing tenants with separate outdoor spaces. Tenants are responsible for all utilities, making this an appealing addition to an investment portfolio. Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 204 Central Avenue, Suffolk (MLS# 10656924) offered at $245,000; 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; and 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000. This property, 1551 Spruce Street (MLS# 10656917), is offered individually at $280,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads.

$1,863/mo

Est. mortgage payment based on a $280,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,312
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

 

Courtesy of Coastal Group Inc.

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