7449 Fenner Street, Norfolk, VA 23505

Norfolk
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
7449 Fenner Street,Norfolk, VA 23505
$580,000
  • - Beds
  • - Baths
  • 2,872 sq. ft.
  • Multi-family
  • Active
Listed by: spencer bass
Office: greenbrier real estate & appr.
MLS#:10619557
Source:VA_REIN

Price summary

  • Price:$580,000
  • Price per sq. ft.:$201.95

About this home

Income-producing fourplex with projected gross rents of $4,500/month ($54,000 annually). Recent capital improvements include new roof and gutters (Dec 2025), exterior pressure washing, and storm doors. Each unit offers approximately 718 square feet with 2 BRs and 1 BA. Units 1 and 3 are leased at $1,095/month and Unit 2 is leased at $1,150/month. Unit 4 is currently vacant and offered at $1,150/month, providing immediate leasing or owner-occupant opportunity. Updates in Unit 2 include new LVP and carpet, fresh paint, updated bath fixtures and vanity, select replacement windows, newer baseboard heaters, A/C unit, and appliances. Additional updates completed in other units. All units are separately metered with tenants responsible for utilities, helping reduce operating expenses. First-floor storage room with W/D hookup provides additional utility. Three units currently leased with in-place income. Solid investment opportunity for portfolio expansion or entry into multifamily ownership.

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Home facts

  • Year built:1987
  • Listing ID #:10619557
  • Updated:March 19, 2026 at 09:20 AM

Rooms and interior

  • Living area:2,872 sq. ft.

Structure and exterior

  • Roof:Composite
  • Year built:1987
  • Building area:2,872 sq. ft.
  • Construction Materials:Brick, Vinyl
  • Foundation Description:Slab

Schools

  • High school:Granby
  • Middle school:Northside Middle School
  • Elementary school:Suburban Park Elementary

Utilities

  • Water:City/County, Water Heater - Electric
  • Sewer:City/County

Finances and disclosures

  • Price:$580,000
  • Price per sq. ft.:$201.95
  • Tax amount:$5,256
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