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121 W 32nd St, Norfolk, VA 23504 listing image 1

For Sale

$1,500,000

121 W 32nd St, Norfolk, VA 23504

0Bed
0Bath
-SqFt

0Bed
0Bath
-SqFt

Property Type
Condo
Year Built
1966
On highrises
12 Days

Property Details

Investment opportunity in a 10-unit brick apartment building. Recent updates include new roofs installed in 2025 along with additional improvements throughout the property. Situated on a corner lot, the building offers convenient on-site parking for residents. Currently fully occupied, this property provides strong rental income and long-term potential. A great option for those looking to expand or begin their investment portfolio.

Property Features

Bedrooms

Bedrooms: 0

Bathrooms

Total Bathrooms: 0

Appliances

Range
Refrigerator

Heating and Cooling

Cooling Features: Window Unit(s) A/C

Interior Features

Flooring: Carpet, Tile - Ceramic, Vinyl

Other Property Info

Annual Tax Amount: 10729
Source Listing Status: Active
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: PARK PLACE - 187
Subdivision: PARK PLACE - 187
Zoning: R-13
Property Subtype: Apartment
Source System Name: C2C

Building and Construction

Year Built: 1966
Building Exterior Type: Brick
Property Age: 59
Roof: Asphalt
Levels or Stories: 2.0
Structure Type: Apartments 3+

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
10/04/2025	Listed	$1,500,000	-	HamptonRoads
10/04/2022	Sold	$725,000	$101	Public Record
10/27/1994	Sold	$144,700	$20	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$10,729	$143,300	+	$776,500	=	$919,800
2023	$9,855	$143,300	+	$645,100	=	$788,400
2022	$8,448	$143,300	+	$532,600	=	$675,900
2021	$7,813	$143,300	+	$481,800	=	$625,100
2020	$7,505	$143,300	+	$457,100	=	$600,400
2019	$6,380	$143,300	+	$367,100	=	$510,400
2018	$6,118	$121,300	+	$368,200	=	$489,500

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
720 Washington Ave	$320K	4	4	2153	2153
4250 Granby St Unit 307	$399K	3	2	2083	2083
2896 E Princess Anne Rd	$469.9K	4	4	2600	2600
1016 E Brambleton Ave	$99.9K	0	0	N/A	N/A
4250 Granby St Unit 208	$375K	3	2	2309	2309
3719 Granby St Apt C3	$125K	2	1	1000	15812

Presented by:
Carrie Copenhaver

Broker Location:

McLean

Data Source:

HamptonRoads

Source's Property ID:

10604050

Data Source Copyright:

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121 W 32nd St, Norfolk, VA 23504