176 days on market
$2,550,000
2500 Leo St
Norfolk, Virginia 23504
MLS# 10610417 · VILLA HEIGHTS · Norfolk VA
Updated Apr 3, 2026 · Source: REIN MLS
Est. payment
$15,968/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
176
HOA
None
Year built
1969
57 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryLindenwood Elementary School6/10
- MiddleNorview Middle School2/10
- —
Info provided by GreatSchools
About this home
2500 Leo Street is a rare opportunity to acquire a 24-unit multifamily asset in Norfolk with true value-add upside and plenty of "meat on the bone." The property consists of twenty-four (24) two-bedroom, one-bath apartments, an attractive and highly rentable unit mix for the local tenant base. Current operations leave room for a new owner to reposition the asset through targeted renovations, improved management, and…
Listed by Christian Phillips · Inlet Realty
Location & Neighborhood
Location & Street View
2500 Leo ST, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
2
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$2,550,000
Price / Sq Ft
$0
Annual Taxes
$23,919
Monthly Tax
$1,993
HOA
None
Tax Rate (effective)
0.94%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Nov 14, 2025 | $2,550,000 | — |
| Currently listed | — | $2,550,000 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$1,944,600
Land
$364,600
Improvement
$1,580,000
Parcel ID: 1438343095 · View on city GIS portal
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:
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.
About buying in Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$15,968/moPrincipal & interest
$13,231
Property tax
$1,993
Home insurance
$744
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.
Listed by Inlet Realty · MLS# 10610417
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$2,550,000
2500 Leo ST, NORFOLK VA 23504
Norfolk, Virginia 23504
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