859 Lexington Street
Norfolk, VA, 23504
$199,000
- 2,400sq ft
- 0.07acres
- 1899year built
- 128days on market
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How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,220, owner’s title insurance $979 and credit, flood & data fees $160, priced for Norfolk, VA with 20% down. The Realty Purchase Credit is 0.5% of the price when you buy with a CapCenter REALTOR® and finance with us, up to 3% of the price less $5,000. The 1% List fee applies when you buy and sell with us within a year (1.5% to list only, $3,000 minimum), compared with a typical 3%. Government taxes and recording fees are not included. Restrictions apply.
Stephany Lopez, REALTOR®
Your CapCenter agent · (804) 836-5401
Questions? Call (804) 648-4357
About this home
Cash buyers only- Investor Special! Don't miss this cash-flow opportunity in a rapidly growing area of Norfolk. This duplex requires only cosmetic updates, making it the perfect value-add investment for your rental portfolio or fix-and-hold strategy. With solid bones and strong rental potential, this property offers the chance to build equity without a major renovation. Located just 15 minutes from the beach, with convenient access to military bases, shopping, dining, downtown Norfolk, and major interstates, the location is ideal for attracting long-term tenants. Whether you're a seasoned investor or looking to expand your portfolio, this is an excellent opportunity to own an income-producing property in a high-demand rental market. Sold As-Is. Inspection is for informational purposes only. Schedule your showing today!
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Location
Property details
Important details
- Status
- Active
- Date listed
- 6/30/2026
- Time on Market
- 128 days
- Property Type
- Duplex
- List Price
- $199,000
- Price/Sq. Ft
- $83
- Living area
- 2,400 sq. feet
- Lot Size
- 0.0693 acres
- Year Built
- 1899
- County
- Norfolk
- Community
- None
Interior details
Building & lot
Building
- Architectural Style
- Two Story
- Stories
- 2
- Living Area
- 2,400 sq ft
- Property Type
- Duplex
- Year Built
- 1899
- Roof
- Shingle
- Construction
- Brick, Vinyl Siding
Lot Info
- Lot Size
- 0.0693 acres
- Parcel Number
- 08597900
Exterior Features
- Pool
- No
Parking
- Garage
- No
Ownership
- Ownership
- Individuals
Community details
School Districts
- Elementary
- Bay View
- Middle
- Lake Taylor
- High
- Lake Taylor
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- Subdivision
- None
Taxes & Assessment
- Tax Assessed Value
- $232,700
- Annual Tax
- $2,862
- Tax Year
- 2025
Listing information
Realty Agent
Listing Details
- MLS System
- CVRMLS
- MLS ID
- 2617834
- MLS Status
- Active
Listed by: Next Level Real Estate Group LLC · (804) 709-9852
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All or a portion of the Listing Content is provided by the Central Virginia Regional MLS, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional MLS, LLC. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.