$2,850,000
$2,850,000
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SOLD DATE : 12/16/2025
Key Details
Sold Price $2,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ghent
MLS Listing ID 10600037
Sold Date 12/16/25
HOA Y/N No
Year Built 1912
Annual Tax Amount $20,096
Property Description
Welcome to West Colonial Apartments—an updated 16-unit community in the heart of Ghent at 819 Colonial Ave, Norfolk. Each spacious 2-bedroom home offers the flexibility to easily convert to a 3-bedroom, maximizing rental potential and cash flow. Renovated interiors feature modern finishes, refreshed kitchens and baths, and well-maintained systems, making the property turnkey for investors. The building's prime location places residents minutes from EVMS, shopping, dining, and downtown Norfolk. With excellent condition “as-is” and strong market demand for adaptable layouts, West Colonial Apartments presents a rare opportunity to acquire a stable, income-producing asset with room for value-add growth.
Location
State VA
County Norfolk
Area 11 - West Norfolk
Zoning HC-G2
Interior
Hot Water Gas
Heating Nat Gas, Radiator
Cooling Window/Wall
Flooring Ceramic, Wood
Exterior
Parking Features Street
Utilities Available City Sewer, City Water, Gas
Roof Type Poly Skin
Building
Story 4.0000
Foundation Basement
Schools
Elementary Schools Walter Herron Taylor Elementary
Middle Schools Blair Middle
High Schools Maury
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Bought with Inlet Realty