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Norfolk › MONTICELLO VILLAGE › 319 Ashlawn Dr✓ Source: REIN MLS #10628649 · record updated Jul 29, 2026 · synced every 2 min · your inquiry is never resold
319 Ashlawn DR, NORFOLK VA 23505 - Main photo
319 Ashlawn DR, NORFOLK VA 23505 - Photo 2
319 Ashlawn DR, NORFOLK VA 23505 - Photo 3
319 Ashlawn DR, NORFOLK VA 23505 - Photo 4
319 Ashlawn DR, NORFOLK VA 23505 - Photo 5
1,650sqft
118days on market

319 Ashlawn Dr, Norfolk, VA 23505

ActiveMulti Family Residential · built 1942 · MONTICELLO VILLAGE

Facts & features

Type

Multi Family Residential

Year built

1942

Price / sqft

$127

HOA

None

Taxes

$2,731/yr

County

Norfolk VA

MLS #

10628649

Interior

Approx. sqft
1,650

Construction & exterior

Style
Converted S.F., Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Asbestos,Vinyl

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
MONTICELLO VILLAGE
Zoning
R-11
Ownership
Fee Simple
Possession
AS NEG
Disclosures
Disclosure Statement, Owner Agent

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Turnkey investment opportunity with immediate income potential. This under-over Cape Cod is tenant occupied and offers built-in cash flow from day one. The first-floor unit features 2 bedrooms, 1 bath, and approx. 1,000 sqft. while the upstairs unit offers 1 Bedroom and 1 Bath, creating a strong rental setup for investors looking to expand their portfolio. With existing tenants in place, this property offers the advantage of steady income and reduced vacancy concerns. Whether you are a seasoned investor or looking to start building wealth through real estate, this property checks the boxes for value, functionality, and income production. Don't miss your chance to add a solid income-producing property to your portfolio. Schedule your showing today and explore the potential this investment has to offer.

Listing courtesy of Wendy Carbaugh · Better Homes & Gdns Ntv Am Grp · REIN MLS #10628649

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

This 1942 multi-family home sits on a compact lot in Norfolk, offering 1,650 square feet of residential space. Just six minutes from Naval Station Norfolk, it's a straightforward investment property in an established neighborhood. Homes for sale in 23505 span a wide range of styles and price points.

Read the full overview ↓

Why this home stands out

Built in the early 1940s, this multi-family property carries the solid construction of its era. The 1,650-square-foot footprint is efficient and manageable. Location is the real draw: you're minutes from one of the nation's largest naval installations. That proximity makes this address relevant to anyone exploring Norfolk homes for sale with base commute in mind. The neighborhood has evolved over decades, blending older residential character with modern convenience.

MONTICELLO VILLAGE and the Norfolk real estate market

This address sits in an established Norfolk neighborhood with tree-lined streets and a mix of single-family and multi-family homes. The area has a lived-in, authentic feel—the kind of block that anchors homes for sale in Norfolk across multiple decades. Daily life centers on nearby groceries, restaurants, and parks within walking distance. Norfolk itself is a vibrant port city with a rich maritime heritage. The downtown waterfront is about 15 minutes away by car. Getting around is straightforward: local roads connect to major routes heading toward Virginia Beach, the Eastern Shore, and beyond. Public transit options serve the area, and Naval Station Norfolk's main gate is just six minutes north.

What's nearby

You're steps from Watergate 7 and LA K-TRACHITA STORE for groceries, plus Food Lion a short drive away. Dining options cluster close: El Sabor K-tracho, Maya Restaurant, and Watergate 7 are all within a few blocks. Coffee and quick bites are easy at Panera Bread and Tropical Smoothie Cafe. Fitness-minded residents use Planet Fitness, Somnium CrossFit, or Hyrox Norfolk. Village Park sits just 0.3 miles away, perfect for a quick walk. Pennstock Triangle and Northside Park Mountain Bike Trail offer more outdoor recreation nearby.

For different buyers

Base commute and VA loan notes

Six minutes to Naval Station Norfolk makes this address practical for anyone with a base commute. VA loan financing is common in this zip code and neighborhood. The compact footprint and established location mean minimal setup time. Proximity to MARFORCOM Norfolk adds flexibility for those with multiple installation ties.

For buyers drawn to character

This 1942-built property carries authentic mid-century bones and character. The multi-family layout offers flexibility for owner-occupancy or investment purposes. The established neighborhood has real history. Anyone comparing homes for sale zoned for Granby High School and homes for sale zoned for Suburban Park Elementary will find this address sits in a mature, walkable zone with long-standing community roots.

More buyer questions

How far is 319 Ashlawn Drive from Naval Station Norfolk?

About six minutes by car. That makes it one of the closer addresses in this part of Norfolk for anyone with a daily base commute.

What type of property is this?

It's a multi-family residential building built in 1942, with 1,650 square feet of living space. The layout supports owner-occupancy or investment purposes.

Are there grocery stores nearby?

Yes. Watergate 7 and LA K-TRACHITA STORE are both within a few blocks. Food Lion is a short drive away.

What parks are close by?

Village Park is just 0.3 miles away. Pennstock Triangle and Northside Park Mountain Bike Trail are also nearby for outdoor recreation.

Can I use a VA loan to finance this property?

VA loan financing is available and commonly used in this neighborhood and zip code. Talk with a lender about eligibility and terms for multi-family properties.

Ready to explore this Norfolk address further? Reach out to Tom & Dariya Milan at LPT Realty to schedule a tour or discuss your investment goals.

Summary generated by AI from public records and publicly available information.

Homes like this one sell fast — see the next one first

Norfolk$175K – $245K

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Wards Corner

Wards Corner is a neighborhood of homes in Norfolk, Virginia. Tree-lined streets hold a mix of single-family houses and small multi-unit buildings.

1

For sale now

$74K

HH income

49%

Owner-occupied

U.S. Census ACS 2024 5-year

Explore Wards Corner →
Map of Wards Corner with neighborhood boundaryNeighborhood

Norfolk houses for sale →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,373/mo

Principal & interest

$1,084

Property tax

$228

Home insurance

$61

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

85% of $245,200

City assessment record · taxes $2,731/yr

Land share of assessed value

32% — $78,500

Improvements $166,700 · assessor record ✓

Price context — similar nearby homes

$315,000 – $565,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

335 E Little Creek RD · 0.1 mi · 1,692 sqft$353,900 sold 2026-04
8701 Granby ST · 1.2 mi · 1,739 sqft$375,000 sold 2026-06
245 Winshire ST · 1.5 mi · 1,646 sqft$355,000 sold 2026-07

Own a home nearby? See what it is worth today — What's your Norfolk home worth?

Sale & Tax History

List Price

$209,000

Price / Sq Ft

$127

Annual Taxes

$2,731

Monthly Tax

$228

HOA

None

Tax Rate (effective)

1.31%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 8, 2026$209,000—
Currently listed—$209,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

15% below assessment

Total Assessed

$245,200

Land

$78,500

Improvement

$166,700

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

118 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 319 Ashlawn Dr in a good school zone?+
The assigned zones on the listing record are Suburban Park Elementary (VaHome School Score 2.7/10), Northside Middle School (VaHome School Score 3/10), Granby (VaHome School Score 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Does 319 Ashlawn Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 319 Ashlawn Dr built?+
It was built in 1942, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Wendy Carbaugh · Better Homes & Gdns Ntv Am Grp · REIN MLS #10628649

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

319 Ashlawn Dr, Norfolk — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

319 Ashlawn Dr, Norfolk, Virginia 23505 · MLS #10628649 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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