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$2,350,000
2 Days On Site

1318 Little Bay AVE
Norfolk, VA 23503

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1970
Built
Subdivision:
WILLOUGHBY BEACH
County:
Norfolk
Courtesy of REIN Inc.
Listing courtesy of Christian Phillips of Inlet Realty
Call Now: 757-971-3574
Is this the home for you? We can help make it yours.
757-971-3574
1318 Little Bay AVE1318 Little Bay AVE1318 Little Bay AVE1318 Little Bay AVE
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Mortgage Calculator

Monthly Payment (Est.)

$10,722
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

1314-1318 Little Bay Avenue presents a rare opportunity to own a 20-unit, one-bedroom, one-bath multifamily property in sought-after Norfolk, VA. With six current vacancies, this property offers tremendous value-add potential, including separating water from rent, turning select units, adding laundry in the units, bringing existing rents to market rates, and filling all vacancies.The two buildings are in excellent condition, featuring newer roofs, windows, and well-maintained brick siding. Property has a common area laundry with coin operated machines. Baseboard heat and wall AC make for low maintenance costs. To maximize appeal, envision adding a mural to enhance its coastal charm and solidify its place in this sought-after community. Don’t miss this chance to capitalize on a well-maintained property with exceptional upside!

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Listing Snapshot
Price 
$2,350,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1970
MLS® Number 
10565235
Status 
Active
Property Tax 
$19,999
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Disclosures 
Contract OwnerDisclosure Statement
Number Of Stories 
2
Parking 
Off StreetOn Street
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-12
Interior Features
Appliances 
Electric Water HeaterDryerRangeRefrigeratorWasher
Basement 
Crawl Space
Cooling 
Wall/Window Unit(s)
Flooring 
CarpetCeramic TileLaminateVinyl
Heating 
Baseboard
Laundry Features 
Laundry RoomMain Level
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Exterior Features
Construction Details 
BrickFrame
Roof 
Asphalt
Community Features
MLS Area 
13 - North Norfolk
Schools
School District
Unknown
Elementary School
Ocean View Elementary
Middle School
Northside Middle School
High School
Granby


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Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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