765 48th Street

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Address: 765 W 48th St, Norfolk, VA 23508, USA
Washington DC + Apartment Buildings
Created date: October 23, 2026
Date last updated: October 23, 2026
Price: $1,595,000Investment Analyzer NEW!

Property Description

Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink. Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,595,000
Year Built: 1920
Lot Size: 3,810.00 Sq ft
Opportunity Zone: No
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 765 W 48th St, Norfolk, VA 23508, USA
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Step 4Final Deal Analysis

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