1035 Gates Avenue, Norfolk, VA 23507

Townhouse
NZD $1,628,484
USD $899,900
Published on: 06 Nov 2026
Last updated on: 12 Nov 2026
1035 Gates Avenue, Norfolk, VA 23507
1035 Gates Avenue, Norfolk, VA 23507
1035 Gates Avenue, Norfolk, VA 23507
+48
1035 Gates Avenue, Norfolk, VA 23507
  • 48
Property ID: 110121040938
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Multi Family Residential, Over/Under, Norfolk, VA

1035 Gates Avenue, Norfolk, VA 23507
Tidy Brick Triplex surrounded by stately homes in the heart of W. Ghent is simply a money maker. Owner occupies ground floor unit. Units 2 & 3 currently rented for a total of $4000/mo. Potential for a min. of $6500/mo. if all units were to be rented! Fantastic, low-maintenance tenants that pay punctually every month. All units are updated classy large, open floorplans. Unit 1 is approx. 1800 sqft w/ 3 bd/2 bath. Unit 2 is identical but one bd&ba has been blocked off to use for storage. Could easily be reincorporated to make it 3/2 again at almost no expense. Unit 3 is large open-plan 2 bd/1 ba. Individual heat pumps. Long driveway for off-street parking. Units 2 & 3 are fully furnished including full kitchens with small appliances, cutlery etc. Beautiful backyard. This has been an extremely profitable dream property for us for well over a decade, and we are now focusing our investment efforts in another market out of state, so this is your chance to pick up where we are leaving off.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Building Size
408.77 m2
Year Built
1950
Architecture Style
Other
County
Norfolk VA
Provider
Real Estate Information Network, Inc.
Subdivision
WEST GHENT
Brokerage Office Name
Bayview Real Estate Company LLC
Brokerage Office Phone
(757) 588-3000
Neighbourhoods
WEST GHENT
Address
1035 Gates Avenue, Norfolk, VA 23507

Nearby Schools

TypeSchool nameDistrict name
ElementaryWalter Herron Taylor ElementaryNot available
MiddleBlair MiddleNot available
JuniorhighBlair MiddleNot available
Contact Agent
Jason Baez
Bayview Realty
339 E Bayview Blvd #A , Norfolk, VA 23503
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Jason Baez
339 E Bayview Blvd #A , Norfolk, VA 23503
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      Property ID: 110121040938

      Original Property ID: 3yd-REINVA-10660329
      Data provided by Real Estate Information Network, Inc., MLS #: 10660329
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