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About this home
Investment opportunity in Norfolk’s Colonial Place neighborhood! This duplex offers strong potential for an investor looking to expand a rental portfolio or take on a renovation project. Conveniently located near shopping, dining, Downtown Norfolk, ODU, military bases, and major roadways, this property is ready for the right buyer to bring their vision to life. Property is being sold as-is.
Multi-familyProperty Type
1953Year Built
$160Price/Sq.Ft.
Listed by Carrie Copenhaver• Iron Valley Real Est Norfolk
Colonial Place, located between Lafayette River and Ghent, is a residential and waterfront Norfolk neighborhood with curving, tree-lined streets and a canal-side edge. The neighborhood’s character concentrates around the Colonial Avenue bridge over the Hague, where joggers, dog-walkers, and kayaks share the scene. Brick Colonials and Tudor Revivals sit beside tidy bungalows, giving blocks a cohesive, early-20th-century rhythm. Stockley Gardens Park frames weekend art-fair energy, while the Chrysler Museum of Art adds a cultural counterpoint nearby. The Naro Expanded Cinema and Cure Coffeehouse anchor low-key nights and daytime caffeine runs. Sidewalks and pocket greens keep the pace calm, with water views appearing at the end of select streets.
Provided by Walk Score and Local Logic
Offer insights
4204 Mayflower Rd · $256,000
$257K and above
75% chance or better to win
Why $257K+ is a strong offer
DAYS ON MARKET
64 days
The average home goes pending in 24 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Ceiling fan in units
Bedrooms
Unit A: 1 bedroom
Unit B: 3 bedrooms
Bathrooms
Unit A: 2 bathrooms
Unit B: 1 bathroom
Kitchen
Gas range
Refrigerator
Laundry & utility
Separate electric meters
Flooring
Ceramic flooring (Unit A)
Carpet and ceramic flooring (Unit B)
Heating & cooling
Other heating (both units)
Exterior features
Partial fencing
On waterfront: creek and river
Home design
Duplex
Side-by-side style
Simple ownership
Parking
Street parking for both units
Construction
Asbestos siding
Asphalt shingle roof
Crawl foundation
Utilities
City/County water
City/County sewer
Gas water heater
Financial info
Unit B currently rented for $990/month
Lease type for Unit B: month-to-month
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the Single Family - Traditional SF-T district is to accommodate development of single-family detached dwellings at higher densities, and to support walkable development patterns in the Traditional Character District. The district also accommodates day cares, limited group living, government offices, parks and recreation centers, and minor utility facilities. District regulations discourage development that substantially interferes with the quiet residential nature of the district.
Zone overlays
Coastal Resilience Overlay District
Chesapeake Bay Preservation Areas Overlay
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Infrastructure
Park & open space
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Norfolk, VA • 23508
Average low and high temperatures (°F)
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32
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36
65
47
73
56
77
62
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89
76
81
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78
68
70
57
63
49
51
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Norfolk. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4204 Mayflower Rd
$242,568
$13K under list price of $256K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $291K to $330K.