Deal Search · 23508 · Norfolk, VA

Investment Properties for Sale in 23508

1 of the 25 active listings in 23508 score 50+ with hand-checked ARV and rehab. They're first below, then every other listing, best score first.

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Hand-reviewed deals

1

50+ · of 25 scored

Median asking

$399,000

$211 / sq ft

Median ARV

$399,750

8 ask above ARV

Hand-reviewed deals in 23508 (Norfolk)

One listing with a Deal Score of 50 or higher whose ARV and rehab have been checked by hand. 50 is break-even at the asking price; 99 is $50,000 or more of profit.

23508 (Norfolk) market snapshot

23508 (Norfolk) has 25 active listings scored today, with a median asking price of $399,000 ($211 per square foot) against a median after-repair value of $399,750. 92% are detached houses, the median size is 1,726 sq ft and the median year built is 1927.

8 of 25 (32%) ask more than their after-repair value, which is why most listings here score under 50. The deals that do clear 50 cluster in 23508 (1).

2 of 25 listings have a photo-graded or hand-set rehab; the rest show no rehab or max offer until graded.

Asking priceListingsDeals 50+
Under $150k00
$150k–$250k20
$250k–$350k80
$350k–$500k141
$500k+10

Other active listings in 23508 (Norfolk), best score first

Listings under 50 lose money at the asking price; they can still work at a lower offer, which is what the max offer shows.

Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$175,000

ARV

$228,000

Rehab est.

Not graded yet

Max offer

Pending

2 bd1 ba1,128 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$222,000

ARV

$288,750

Rehab est.

Not graded yet

Max offer

Pending

3 bd1 ba1,596 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$424,000

ARV

$503,600

Rehab est.

Not graded yet

Max offer

Pending

4 bd2 ba1,600 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$269,900

ARV

$314,750

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,286 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$260,000

ARV

$295,500

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,500 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$399,000

ARV

$426,000

Rehab est.

Not graded yet

Max offer

Pending

4 bd3 ba2,180 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$449,900

ARV

$433,000

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,900 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$335,000

ARV

$347,000

Rehab est.

Not graded yet

Max offer

Pending

4 bd2 ba1,480 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$320,000

ARV

$344,250

Rehab est.

Not graded yet

Max offer

Pending

4 bd2 ba1,517 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$325,000

ARV

$354,000

Rehab est.

Not graded yet

Max offer

Pending

3 bd1 ba1,449 sqft
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Investment townhome for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Attached

Asking

$299,000

ARV

$304,500

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,448 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$399,900

ARV

$430,750

Rehab est.

Not graded yet

Max offer

Pending

4 bd4 ba2,000 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$399,900

ARV

$256,500

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba2,225 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$475,000

ARV

$500,000

Rehab est.

Not graded yet

Max offer

Pending

3 bd1 ba2,101 sqft
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Investment townhome for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Attached

Asking

$499,900

ARV

$492,400

Rehab est.

Not graded yet

Max offer

Pending

3 bd3 ba2,142 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$425,000

ARV

$443,250

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,820 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$304,800

ARV

$248,750

Rehab est.

Not graded yet

Max offer

Pending

2 bd1 ba1,040 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$500,000

ARV

$582,500

Rehab est.

Not graded yet

Max offer

Pending

4 bd2 ba2,954 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$419,000

ARV

$400,000

Rehab est.

$15,000

Max offer

$311,186

5 bd3 ba3,000 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$355,000

ARV

$319,500

Rehab est.

Not graded yet

Max offer

Pending

3 bd1 ba1,617 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$342,000

ARV

$348,000

Rehab est.

Not graded yet

Max offer

Pending

3 bd1 ba1,300 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$450,000

ARV

$458,706

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,900 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$489,000

ARV

$418,250

Rehab est.

Not graded yet

Max offer

Pending

3 bd2 ba1,726 sqft
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Investment house for sale in Norfolk, VABelow break-even at asking
Address hidden

Norfolk, VA 23508 · Detached

Asking

$449,900

ARV

$399,750

Rehab est.

Not graded yet

Max offer

Pending

4 bd3 ba2,237 sqft
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Investing in 23508: questions

Are there good investment properties for sale in 23508 in Norfolk right now?

Yes. Today 1 listing in 23508 in Norfolk scores 50 or higher on the Deal Score with a hand-checked ARV and rehab, 1 of them at 70 or higher. That is out of 25 active listings DealSherpa scored.

What does the Deal Score mean?

It reads the profit a fix-and-flip investor clears buying at the asking price: ARV less 7% selling costs, the rehab estimate, taxes and holding, and the price. 50 is break-even, 99 is $50,000 or more, and 40 to 49 means a loss at asking (40 is a loss of $50,000 or more).

What do investment properties cost in 23508 in Norfolk?

The median asking price of the 25 active listings is $399,000 ($211 per square foot), against a median after-repair value of $399,750. 8 of them ask more than their after-repair value.

How are ARV and the rehab estimate worked out?

ARV comes from comparable sales near the house. The rehab estimate comes from grading the listing photos and remarks; a listing whose photos have not been graded yet shows no rehab or max offer rather than a guess. Deals marked hand-reviewed have both checked by hand.

Why is the address hidden?

Addresses, the comps and the full analysis unlock with a DealSherpa plan. The numbers on this page are the same ones subscribers see.

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