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Norfolk › SUBURBAN ACRES › 500 Virginian Dr✓ Source: REIN MLS #10645732 · record updated Jul 23, 2026 · synced every 2 min · your inquiry is never resold
500 Virginian DR, NORFOLK VA 23505 - Main photo
500 Virginian DR, NORFOLK VA 23505 - Photo 2
500 Virginian DR, NORFOLK VA 23505 - Photo 3
500 Virginian DR, NORFOLK VA 23505 - Photo 4
500 Virginian DR, NORFOLK VA 23505 - Photo 5
$300,000
$130 / sqft · est. $1,975/mo →
2,300sqft
0days on market

500 Virginian Dr, Norfolk, VA 23505

Under ContractMulti Family Residential · built 1951 · SUBURBAN ACRES

About this home

The listing, in the seller's words

Positioned in Norfolk's established Suburban Acres neighborhood, this duplex presents a compelling blend of immediate income and long-term opportunity. Both units are tenant occupied with leases extending through 07/31/2027 at $1,425.00 monthly rent and 05/31/2027 at $1,325.00 monthly rent, creating reliable revenue from day one. (Photos are of Unit A only.) Residents enjoy convenient access to Naval Station Norfolk, Old Dominion University, Sentara Leigh Hospital, Norfolk Premium Outlets, Military Circle redevelopment initiatives, and the growing dining and entertainment scene surrounding Granby Street and Downtown Norfolk. Nearby favorites include The Dirty Buffalo, Jessy's Taqueria, Starbucks, Target, and Harris Teeter. The property's side-by-side layout, generous living spaces, and established tenancy offer a practical path for investors seeking stability in a market driven by military, medical, educational, and professional employment sectors. Imagine owning an asset in the center of a city known for commerce, culture, and connectivity while benefiting from consistent cash flow and future appreciation potential. Opportunities for a multifamily property in this location are increasingly limited. Photos Virtually Staged. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT!

Listing courtesy of Lea Marie Ngowakl · Atlantic Sothebys Int'l Realty · REIN MLS #10645732

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

500 Virginian Drive is a 2,300-square-foot multi-family property in Norfolk, Virginia, built in 1951 and sitting just seven minutes from Naval Station Norfolk. With groceries, gyms, parks, and quick bites all within half a mile, daily life here is genuinely low-effort.

Read the full overview ↓

Why this home stands out

Multi-family properties this close to two major military installations don't come around often. At 2,300 square feet and built in the early 1950s — when homes were framed to last — 500 Virginian Drive offers the kind of structural bones and location combination that's hard to replicate. Whether you're looking to house-hack, accommodate extended family, or simply want flexible living space, the footprint here gives you real options.

SUBURBAN ACRES and the Norfolk real estate market

500 Virginian Drive sits in a quiet, established section of Norfolk, Virginia — a city that punches well above its weight for livability. Norfolk is home to one of the largest naval complexes in the world, a thriving arts district, and a waterfront that draws people from across Hampton Roads. The streets around Virginian Drive have the feel of a neighborhood that's been lived in and loved: mature trees, modest setbacks, and neighbors who tend to stick around. The surrounding area is a mix of long-time residents and newer arrivals drawn by the proximity to base, the manageable commutes, and the everyday convenience that this part of the city delivers. It's not a flashy zip code, but it's a functional and genuinely comfortable one — the kind of place where you settle in and realize you don't actually need to go far for much.

What's nearby

Everyday errands are almost embarrassingly easy from 500 Virginian Drive. Food Lion, Walmart Supercenter, and Watergate 7 are all within half a mile, so grocery runs don't require planning. When you want a quick meal, Venice NY Pizza and Philly Style Steaks & Subs are both just 0.2 miles away. Panera Bread and Starbucks Coffee Company are under half a mile for your morning routine. Fitness options are strong too — Planet Fitness is 0.4 miles out, with Somnium CrossFit and Hyrox Norfolk both within 0.6 miles. Pennstock Triangle, Caton Park, and Roland Park Playground give you green space within easy walking distance.

For different buyers

For military families relocating

Seven minutes to Naval Station Norfolk and eight minutes to MARFORCOM Norfolk — the commute math works out well here. A VA loan is a natural fit for this purchase, and the multi-family layout means you can accommodate family visiting on extended stays or keep a clear separation between living and workspace. Proximity to base without being on top of it is a balance that's genuinely hard to find.

For first-time buyers

A multi-family property as a first purchase is one of the smartest moves in real estate, and 500 Virginian Drive makes that strategy accessible. The 2,300-square-foot footprint gives you room to grow into, and the location — with groceries, parks, and fitness all within walking distance — means you're buying into a neighborhood with real daily convenience baked in. The 1951 construction era means solid bones and a character that newer builds rarely match.

More buyer questions

How far is 500 Virginian Drive from Naval Station Norfolk?

The drive is approximately seven minutes under normal traffic conditions, making this one of the more convenient addresses in Norfolk for active-duty personnel assigned to the base.

What type of property is 500 Virginian Drive?

It's a multi-family residential property, meaning the structure is designed to accommodate more than one household or living unit under one roof.

How old is the home at 500 Virginian Drive?

The property was built in 1951, placing it in the post-war construction era when homes were typically built with heavier framing and more durable materials than many modern builds.

Is 500 Virginian Drive in a flood zone?

Flood zone designation for this address is detailed in the FloodRisk tile on this page — check there for the most current FEMA map data specific to this parcel.

Are there parks or green spaces near 500 Virginian Drive?

Yes — Pennstock Triangle is about 0.3 miles away, Caton Park is 0.5 miles out, and Roland Park Playground is within 0.7 miles, giving you several walkable outdoor options.

Want to know more about 500 Virginian Drive or explore other multi-family properties in Norfolk? Tom and Dariya Milan at LPT Realty are ready to walk you through it.

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

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.

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1951

Price / sqft

$130

HOA

None

Taxes

$3,966/yr

County

Norfolk VA

MLS #

10645732

Interior

Approx. sqft
2,300

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl

Utilities & systems

Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
SUBURBAN ACRES
Ownership
Fee Simple
Possession
CLOSING
Disclosures
Disclosure Statement

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

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhood

Wards Corner

Wards Corner is a residential neighborhood in Norfolk, Virginia, characterized by tree-lined streets and a mix of single-family homes and modest multi-unit properties.

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

$1,975/mo

Principal & interest

$1,557

Property tax

$331

Home insurance

$88

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

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

$275,000 – $449,900

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.

2611 Ruffin WAY · 2.7 mi · 2,345 sqft$275,000 sold 2026-05
111 E 29th ST · 2.7 mi · 2,332 sqft$445,000 sold 2026-03
3020 Davis ST · 2.8 mi · 2,326 sqft$350,000 sold 2026-03

Sale & Tax History

List Price

$300,000

Price / Sq Ft

$130

Annual Taxes

$3,966

Monthly Tax

$331

HOA

None

Tax Rate (effective)

1.32%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 4, 2026$300,000—
Currently listed—$300,000—

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 500 Virginian 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.
Is 500 Virginian Dr 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.
Does 500 Virginian Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 500 Virginian Dr built?+
It was built in 1951, 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 Lea Marie Ngowakl · Atlantic Sothebys Int'l Realty · REIN MLS #10645732

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.

500 Virginian Dr, Norfolk — photo

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

Call or text (757) 777-7577

500 Virginian Dr, Norfolk, Virginia 23505 · MLS #10645732 · 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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