1241 37th Street, Norfolk, VA 23508
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
Listed by: kathryn hoover
Office: howard hanna real estate svcs.
MLS#:10616511
Source:VA_REIN
Price summary
- Price:$350,000
- Price per sq. ft.:$175.88
About this home
Completely renovated in 2018, this all brick ranch home offers a rare opportunity to own a stylish, move-in-ready home that works as a primary residence or a high-performing investment. Designed w/a California Cool aesthetic, the stunning restaurant style kit & open-concept layout w/mural is perfect for modern living, entertaining, or maximizing rental appeal. The home incl. four generously sized BRs w/large closets & 2 renovated jack-and-jill baths w/double vanities. Addl feat. incl. steel entry/solid-core interior doors, new windows w/Bahama shutters, LVP flooring, new insulation, security system, gas heat high, capacity electric water heater, patio & off-street parking for 4. 2024 financials: NOI is $22,368.96 ($30,723.39 income - $8354.43 for exp. incl. advertising, ins, maint, repairs & taxes). 6.4% Return/Cap Rate. Four leases in place through July 26th, 2026. Suite 1 for $700 & Suites 2, 3, & 4 for $675, for a total of $2725/month or $32,700 annually. No flood ins. required!
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Home facts
- Year built:1950
- Listing ID #:10616511
- Updated:January 18, 2026 at 07:00 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,990 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Hot Air, Natural Gas
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1950
- Building area:1,990 sq. ft.
Schools
- High school:Maury
- Middle school:Blair Middle
- Elementary school:Larchmont Elementary
Utilities
- Water:City/County, Water Heater - Electric
- Sewer:City/County
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$175.88
- Tax amount:$3,696
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