7449 Fenner ST, Norfolk, VA 23505
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7449 Fenner ST, Norfolk, VA 23505
7449 Fenner ST, Norfolk, VA 23505
7449 Fenner ST, Norfolk, VA 23505
7449 Fenner ST, Norfolk, VA 23505
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Montario Corprew

Montario Corprew

+1(757) 771-6343
$ 575,000
Est. payment /mo
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Price Dropped by $5K

7449 Fenner ST Norfolk, VA 23505

2,872 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,872 sqft

Price per Sqft $200

Subdivision Miller Heights

MLS Listing ID 10619557

Style Over/Under

HOA Y/N No

Year Built 1987

Annual Tax Amount $5,256

Lot Size 2872.000 Acres

Property Sub-Type Quadruplex

Property Description

Income-producing fourplex with projected gross rents of $4,540/month ($54,480 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 $1,200/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. Similar 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 multi-family ownership.

Location

State VA

County Norfolk

Area 12 - East Norfolk

Zoning MF-NS

Interior

Hot Water Electric

Exterior

Fence Back Fenced, Chain Link

Waterfront Description Not Waterfront

Roof Type Composite

Building

Foundation Slab

Sewer City/County

Water City/County

Schools

Elementary Schools Suburban Park Elementary

Middle Schools Northside Middle School

High Schools Granby

Others

Senior Community No

Ownership Simple

Miscellaneous Rehabilitated

Disclosures Disclosure Statement, Owner Agent

Special Listing Condition Disclosure Statement, Owner Agent

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Listed by Greenbrier Real Estate & Appr.

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Montario Corprew

Montario Corprew

Principal Broker, REALTOR® | License ID: 0225210186

+1(757) 771-6343

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