Multi–family Homes in Norfolk | Reonomy
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    Multi–family Homes in Norfolk

    Unlock property data on 5,389 multi–family homes in Norfolk. Search through Norfolk property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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    Norfolk multi-family home sold prices and values

    Values and sold prices (last 24 months) United States Virginia Norfolk
    Average price/sqft -- -- --
    Average sold price $907,094 $2,802,001 $675,968
    Median sold price $119,750 $216,216 $181,422
    Number of sales 521,148 6,197 865
    Number of sales over $250k 177,372 2,804 307
    Number of sales over $1m 49,080 961 72
    Number of sales over $10m 7,974 438 16
    Average total tax amount $12,391 $21,533 $6,510
    Average assessed value $619,925 $1,878,820 $540,614
    Average market value $813,304 $1,878,820 $540,614

    Norfolk multi-family home property averages

    Property averages United States Virginia Norfolk
    Average lot size 93,391 sf 58,696 sf 12,332 sf
    Median lot size 6,963 sf 7,383 sf 6,292 sf
    Average building area -- -- --
    Median building area -- -- --
    Median year built 1950 1961 1956
    Average number of units 9 37 6
    Median number of units 2 2 2

    Norfolk multi-family home total supply

    Supply United States Virginia Norfolk
    Number of parcels 4,337,047 51,469 5,390
    Aggregate lot acerage 10,876,756 47,988 1,162
    Aggregate building area -- -- --
    Aggregate units 29,016,564 1,098,148 27,500

    Norfolk multi-family home industrial mortgages

    Debt United States Virginia Norfolk
    Number of mortgages 10,990,460 76,804 10,674
    Average value of mortgages $1,624,067 $3,685,020 $716,617

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