PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Steps from

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Condo For Sale

435 Monticello Avenue 300C

Norfolk, Virginia 23510

Community: DOWNTOWN AREA

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$250,000 1 br, 2.0 bath 1132 sq. ft. 0.011 acres

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY
Steps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026.
$250,000 - Turnkey Investment
o Brand new floors, paint, and finishes throughout
o HVAC maintained on service plan
o 1 parking space included
o No vacancy risk - tenant in place until Fall 2026
Premium downtown location ensures strong rental demand in Norfolk's entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing.
Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolk's most desirable rental locations.

Interior:
  • Bedrooms: 1
  • Baths: 2.0
  • Sq Ft: 1132
  • Year Built: 1920
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Forced Air, Heat Pump (Heating)
  • Garage: 
Exterior:
  • Lot Size: 0.011 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: 
  • Property Taxes: $2,473
  • MLS #: 10600972
  • Unit Number: 300C
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Contact Information:
Beach Condo For Sale in Norfolk, Virginia
Listing Agent: Eugene Shull, KW Metro Center, 804-858-9000, 805-858-9000 Listing Site, Listing Status: Active
Copyright © 2025 Real Estate Information Network, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7132602
Viewed 8 times.
Updated: Dec 31, 2025

This property is a Condo located at 435 Monticello Avenue 300C, Norfolk, Virginia 23510, and is currently For Sale at $250,000. This Condo has 1 bedrooms, 2.0 baths, 1132 sq ft.