Rare waterfront midterm rental investment opportunity! This

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Lot For Sale

765 48th St

Norfolk, Virginia 23508

Norfolk County

Waterfront: Yes

Community: HIGHLAND PARK WEST

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$1,600,000 0.000 acres

Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink. Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.

  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Property Taxes: $9,826
  • MLS #: 10634189
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Contact Information:
Beach Lot For Sale in Norfolk, Virginia
Listing Agent: Julian Rivera, Iron Valley Real Estate Norfolk, 757-900-4873, 757-900-4873 Listing Site, Listing Status: Active
Copyright © 2026 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: 7719679
Viewed 3 times.
Updated: May 12, 2026

This property is a Lot located at 765 48th St, Norfolk, Virginia 23508, and is currently For Sale at $1,600,000.