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Norfolk › MONTICELLO VILLAGE › 511 Ashlawn Dr✓ Source: REIN MLS #10637677 · record updated Jun 10, 2026 · synced every 2 min · your inquiry is never resold
511 Ashlawn DR, NORFOLK VA 23505 - Main photo
511 Ashlawn DR, NORFOLK VA 23505 - Photo 2
511 Ashlawn DR, NORFOLK VA 23505 - Photo 3
511 Ashlawn DR, NORFOLK VA 23505 - Photo 4
511 Ashlawn DR, NORFOLK VA 23505 - Photo 5
$750,000
63days on market

511 Ashlawn Dr, Norfolk, VA 23505

ActiveApartments 3+ · built 1979 · MONTICELLO VILLAGE

Facts & features

Type

Apartments 3+

Year built

1979

HOA

None

Taxes

$6,400/yr

County

Norfolk VA

MLS #

10637677

Interior

Stories
2
Flooring
Vinyl

Construction & exterior

Foundation
Slab
Construction
Block, Frame
Roof
Asphalt Shingle
Exterior
Brick

Utilities & systems

Heating
Basebd, Electric
Cooling
Window/Wall
Water heater
Electric
Utilities available
City Sewer, City Water, Electric

Lot, parking & ownership

Subdivision
MONTICELLO VILLAGE
Zoning
R-13
Ownership
Fee Simple
Garage
No
Parking
Assigned/Reserved
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 540 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.

Listing courtesy of Carrie Copenhaver · Iron Valley Real Est Norfolk · REIN MLS #10637677

Tom & Dariya's overview

Our read on this home

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

At a glance

511 Ashlawn Drive is a multi-unit apartment building built in 1979, located in Norfolk just six minutes from Naval Station Norfolk. The location puts you steps from grocery stores, restaurants, and fitness options. It's a convenient setup for anyone comparing Norfolk homes for sale.

Keep searching in Norfolk

See all Norfolk homes for sale, including homes for sale in 23505, homes for sale zoned for Granby High School, and homes for sale zoned for Crossroads School. Browse every listing among homes for sale in Norfolk — updated from the REIN MLS every few minutes. Nearby, look at Wards Corner homes for sale, Norfolk waterfront homes for sale, Norfolk condos and townhomes for sale, and new construction homes in Norfolk.

Read the full overview ↓

Why this home stands out

This is a three-plus-unit apartment property with solid bones from the late 1970s. The building sits on a block with real walkability—coffee shops, gyms, and dining are all within a few blocks. You're close enough to Naval Station Norfolk that a commute is quick, yet the neighborhood itself feels established and accessible. The mix of nearby services means daily errands don't eat up your time.

MONTICELLO VILLAGE and the Norfolk real estate market

Ashlawn Drive sits in a working neighborhood with character. The street itself is lined with modest homes and small multi-unit buildings. You'll find a genuine mix of local restaurants and grocery options—Watergate 7, LA K-TRACHITA STORE, and Food Lion are all nearby, along with spots like El Sabor K-tracho and Maya Restaurant. Village Park is just a short walk away for outdoor time. Norfolk itself is a major naval hub with a deep waterfront culture. Downtown Norfolk offers museums, dining, and entertainment along the Elizabeth River. Getting around the city is straightforward on main corridors; Naval Station Norfolk sits about six minutes away. Anyone comparing homes for sale in 23505 will notice this address offers both convenience and neighborhood stability.

What's nearby

Daily life here is easy. Watergate 7 and Food Lion handle groceries within walking distance. For coffee and a quick meal, Panera Bread and Tropical Smoothie Cafe are both under ten minutes away. Fitness options include Planet Fitness at 0.4 miles and Somnium CrossFit nearby. Village Park sits just three blocks away, perfect for a walk or outdoor time. Pennstock Triangle and the Northside Park Mountain Bike Trail offer more room to stretch out. You're surrounded by the kind of local energy that makes a neighborhood feel lived-in.

For different buyers

Base commute and VA loan notes

Naval Station Norfolk is about six minutes away—a straightforward commute that keeps your time your own. VA loan financing is common in this area, and the building's established location means you can move in without waiting for new construction. Quick access to base and stable housing make this a practical choice.

Room to grow

Three-plus units provide flexibility for different living arrangements or income potential. The established neighborhood means you're not waiting on new construction to settle in. Nearby parks like Village Park and the Northside Park Mountain Bike Trail offer outdoor space for recreation. Multiple grocery and dining options within walking distance support daily convenience.

More buyer questions

How far is 511 Ashlawn Drive from Naval Station Norfolk?

About six minutes by car, depending on traffic. It's one of the shortest commutes you'll find in Norfolk.

What grocery stores are near this address?

Watergate 7, LA K-TRACHITA STORE, and Food Lion are all within half a mile. You can walk to Watergate 7 in just a few minutes.

Are there parks nearby?

Yes. Village Park is three blocks away, and Pennstock Triangle and the Northside Park Mountain Bike Trail are also close by.

What dining options are within walking distance?

El Sabor K-tracho, Maya Restaurant, and Watergate 7 are all nearby. Panera Bread and Tropical Smoothie Cafe handle quick meals and coffee.

Can I use a VA loan to finance a property here?

Yes. VA loan financing is widely available for properties in this area of Norfolk, making it accessible for eligible buyers.

Ready to explore this Norfolk property? Contact Tom & Dariya Milan at LPT Realty to schedule a tour and learn more.

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

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

Norfolk$635K – $865K

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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

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

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

houses for sale in Norfolk →

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

$4,644/mo

Principal & interest

$3,892

Property tax

$533

Home insurance

$219

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

144% of $520,300

City assessment record · taxes $6,400/yr

Land share of assessed value

11% — $56,100

Improvements $464,200 · assessor record ✓

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

Sale & Tax History

List Price

$750,000

Price / Sq Ft

$0

Annual Taxes

$6,400

Monthly Tax

$533

HOA

None

Tax Rate (effective)

0.85%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 2, 2026$750,000—
Currently listed—$750,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

44% above assessment

Total Assessed

$520,300

Land

$56,100

Improvement

$464,200

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

63 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 511 Ashlawn Dr in a good school zone?+
The assigned zones on the listing record are Crossroads Elementary (VaHome School Score 3.1/10), Norview Middle (VaHome School Score 2/10), Granby (VaHome School Score 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 511 Ashlawn 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.
Is there a gym near 511 Ashlawn Dr?+
Yes — Planet Fitness is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 511 Ashlawn Dr?+
Pennstock Triangle is about 0.3 miles away.
Where is the nearest grocery store to 511 Ashlawn Dr?+
Watergate 7 is about 0.1 miles away. The closest dining on record is Watergate 7 (0.1 mi).
Does 511 Ashlawn Dr have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 511 Ashlawn Dr built?+
It was built in 1979, 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 Carrie Copenhaver · Iron Valley Real Est Norfolk · REIN MLS #10637677

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.

511 Ashlawn Dr, Norfolk — photo

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

Call or text (757) 777-7577

511 Ashlawn Dr, Norfolk, Virginia 23505 · MLS #10637677 · 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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