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Norfolk › NORVIEW HEIGHTS › 4512 Bankhead Ave✓ Source: REIN MLS #10639752 · record updated Jun 30, 2026 · synced every 5 min · your inquiry is never resold
4512 Bankhead AVE, NORFOLK VA 23513 - Main photo
4512 Bankhead AVE, NORFOLK VA 23513 - Photo 2
4512 Bankhead AVE, NORFOLK VA 23513 - Photo 3
4512 Bankhead AVE, NORFOLK VA 23513 - Photo 4
4512 Bankhead AVE, NORFOLK VA 23513 - Photo 5
$285,000
$180 / sqft · est. $1,821/mo →
1,579sqft
7days on market

4512 Bankhead Ave, Norfolk, VA 23513

Under ContractMulti Family Residential · built 1950 · NORVIEW HEIGHTS

About this home

The listing, in the seller's words

Over/Under duplex on a generous lot, currently enjoyed as a single-family home but easily converted back to true duplex living. This property sits in an established neighborhood with friendly neighbors. With incredible potential at this price point, this home offers flexible options to owner-occupy, rent one unit, or maximize income with two rentals. The location is a standout — close to military bases, beaches, interstates, shopping, dining, and entertainment — ideal for both everyday convenience and strong rental appeal. The expansive backyard offers excellent outdoor privacy and is ready for your vision: above-ground pool, large deck, multiple sheds, firepit, pergola, and mini-greenhouse all convey AS IS. Whether you imagine gardening, entertaining, or creating a private outdoor retreat, the possibilities are wide open. Don't miss this opportunity to make this house your own — a rare blend of location, flexibility, and value!

Listing courtesy of Liz Schuyler · RE/MAX Allegiance · REIN MLS #10639752

VaHome team overview

Our read on this home

At a glance

4512 Bankhead Avenue is a 1,579-square-foot multi-family property in Norfolk, Virginia, built in 1950. Sitting minutes from Naval Medical Center Portsmouth and USCG Base Portsmouth, it offers a practical footprint with classic mid-century bones in an accessible east-side location.

Read the full overview ↓

Why this home stands out

Multi-family properties from the 1950s in this part of Norfolk carry a structural solidity that newer construction rarely matches — thick walls, established lots, and layouts that have stood the test of decades. At 1,579 square feet, 4512 Bankhead Avenue gives you meaningful square footage in a property type that's increasingly hard to find this close to two major installations. The mid-century era also means mature trees and a settled streetscape that newer subdivisions simply can't replicate.

NORVIEW HEIGHTS and the Norfolk real estate market

Bankhead Avenue sits on Norfolk's east side, a part of the city where working-class roots and genuine community character run deep. The surrounding blocks are a mix of long-term homeowners and families who've planted themselves here because the location simply makes sense — you're close to the water, close to the bases, and close to the everyday conveniences that make life run smoothly. If you've been searching for a house for sale in norfolk va that puts you inside a real neighborhood rather than a cookie-cutter development, this stretch of the city delivers exactly that. Norfolk itself is one of Hampton Roads' most historically layered cities, shaped by its naval heritage, its waterfront, and a downtown that continues to evolve with new dining, arts, and green space. The east side sits comfortably between all of it — connected to the broader city without feeling swallowed by it. Streets here are established, sidewalks are present, and the general pace feels grounded.

What's nearby

Day-to-day errands are straightforward from Bankhead Avenue. Grocery options, pharmacies, and quick-service dining are all within a short drive along Virginia Beach Boulevard and Little Creek Road. Northside and the Lafayette River waterfront are easy to reach for outdoor time, and the broader Norfolk park system gives you green space options without a long commute. Downtown Norfolk — with its Granby Street restaurants, MacArthur Center, and Waterside District — is roughly 15 minutes west. Naval Medical Center Portsmouth and USCG Base Portsmouth are each about nine minutes away, making the daily gate-to-door commute genuinely short.

For different buyers

For military families relocating

Nine minutes to Naval Medical Center Portsmouth and nine minutes to USCG Base Portsmouth — that's a commute that leaves real time in your day. For military families weighing a VA loan purchase in Hampton Roads, 4512 Bankhead Avenue puts you inside Norfolk proper with two major installations practically in your backyard. The multi-family structure also gives flexibility for extended family or changing household needs across a PCS cycle.

For first-time buyers

Multi-family homes in norfolk at this price point are a rare entry point into ownership — you get more square footage, more flexibility, and a property type with lasting utility. A 1950s build means the structure has already proven itself over seven decades. For a first-time buyer looking to get into Norfolk's east side, 4512 Bankhead Avenue is the kind of find that doesn't come around often in this configuration.

More buyer questions

How far is 4512 Bankhead Avenue from Naval Medical Center Portsmouth?

The drive runs about nine minutes under normal traffic conditions, making it one of the shorter base commutes available from this part of Norfolk's east side.

How far is 4512 Bankhead Avenue from USCG Base Portsmouth?

USCG Base Portsmouth is also approximately nine minutes away, giving households tied to either installation a genuinely convenient daily commute.

What is the square footage of 4512 Bankhead Avenue?

The property measures 1,579 square feet, a solid footprint for a mid-century multi-family structure on Norfolk's east side.

Is 4512 Bankhead Avenue in a flood zone?

Flood zone status for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and what it means for insurance.

What year was 4512 Bankhead Avenue built?

The property was built in 1950, placing it firmly in the mid-century era when multi-family construction in Norfolk emphasized durable materials and straightforward, livable layouts.

Want to walk through 4512 Bankhead Avenue or talk through what a multi-family purchase in Norfolk looks like for your situation? Tom and Dariya Milan are ready to help — reach out anytime.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1950

Price / sqft

$180

HOA

None

Taxes

$3,108/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10639752

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

Flood & environment

The flood answer first — quantified, not buried

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Hurricane evacuation zone: Zone A · VDEM Know Your Zone

Outside all mapped AICUZ jet-noise contours and Accident Potential Zones.

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

$1,821/mo

Principal & interest

$1,479

Property tax

$259

Home insurance

$83

PMI

None

HOA

None

Estimate only. 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

113% of $252,700

City assessment record · taxes $3,108/yr

Land share of assessed value

42% — $106,000

Improvements $146,700 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$206,000 – $335,475

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.

2800 Corprew AVE · 2.3 mi · 1,600 sqft$325,000 sold 2026-07
3569 Seay AVE · 2.5 mi · 1,541 sqft$206,000 sold 2026-03
3651 Wedgefield AVE · 2.6 mi · 1,603 sqft$325,000 sold 2026-06

Sale & Tax History

List Price

$285,000

Price / Sq Ft

$180

Annual Taxes

$3,108

Monthly Tax

$259

HOA

None

Tax Rate (effective)

1.09%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 23, 2026$285,000—
Currently listed—$285,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

13% above assessment

Total Assessed

$252,700

Land

$106,000

Improvement

$146,700

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.

Questions buyers ask

Real questions, answered from the record

Is 4512 Bankhead Ave in a good school zone?+
The assigned zones on the listing record are Sherwood Forest Elementary (GreatSchools 3/10), Norview Middle (GreatSchools 4/10), Norview (GreatSchools 4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 4512 Bankhead Ave in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 4512 Bankhead Ave?+
Yes — Dream Shape Body Contouring is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 4512 Bankhead Ave?+
Five Points Neighborhood Spot is about 0.5 miles away.
Where is the nearest grocery store to 4512 Bankhead Ave?+
La Botica Hispana is about 0.2 miles away. The closest dining on record is Yendidi - Norfolk (0.2 mi).
Does 4512 Bankhead Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 4512 Bankhead Ave built?+
It was built in 1950, 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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Liz Schuyler · RE/MAX Allegiance · REIN MLS #10639752

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.

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

Call or text (757) 777-7577

4512 Bankhead Ave, Norfolk, Virginia 23513 · MLS #10639752 · 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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