Skip to main content

Multifamily

731 & 739 W 38th Street

731 W 38th St, Norfolk, VA 23508

Listing Price: $856,000

Cap Rate
7.00%
Number of Units
8
Price/Unit
$107,000
Price/Gross SF
$95.07
Gross SF
9,004

Investment Overview

The properties consist of eight (8) three-bedroom one-bathroom units in two (2) two-story buildings constructed in 1921 and situated on a combined 0.24 acres. The property’s central location affords residents easy access to Hampton Roads’ top employers.

Investment Highlights

  • 8 Units: All Three-Bedroom and One-Bathroom
  • 0.8 Miles from Old Dominion University
  • 5.9 Miles from Norfolk International Airport
  • 6.2 Miles from Norfolk Naval Station
  • 3.0 Miles from Downtown Norfolk
  • 5.7 Miles from Norfolk Naval Shipyard

Exclusively Listed By

Multifamily

731 & 739 W 38th Street

Listing Price: $856,000

Cap Rate
7.00%
Number of Units
8
Price/Unit
$107,000
Price/Gross SF
$95.07
Gross SF
9,004

Investment Highlights

  • 8 Units: All Three-Bedroom and One-Bathroom
  • 0.8 Miles from Old Dominion University
  • 5.9 Miles from Norfolk International Airport
  • 6.2 Miles from Norfolk Naval Station
  • 3.0 Miles from Downtown Norfolk
  • 5.7 Miles from Norfolk Naval Shipyard

Investment Overview

The properties consist of eight (8) three-bedroom one-bathroom units in two (2) two-story buildings constructed in 1921 and situated on a combined 0.24 acres. The property’s central location affords residents easy access to Hampton Roads’ top employers.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower