About 435 Monticello Ave
PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Steps from SCOPE Arena, The NorVa, and Chrysler Museum of Art! This completely renovated 1,180 sq ft unit delivers immediate $2,250/month cash flow with tenant secured through Fall 2026. $250,000 - Turnkey Investment • Brand new floors, paint, and finishes throughout • HVAC maintained on service plan • 1 parking space included • No vacancy risk - tenant in place until Fall 2026 Premium downtown location ensures strong rental demand in Norfolk’s entertainment district. Current tenant paying market rate with lease already secured. Zero additional investment needed - property is move-in ready and generating income from closing. Motivated seller, smooth transaction. Perfect opportunity to add stable income to your portfolio in one of Norfolk’s most desirable rental locations.
Features of 435 Monticello Ave
| MLS® # | 10600972 |
|---|---|
| Price | $250,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,132 |
| Acres | 0.01 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Attached |
| Style | Mid Rise |
| Status | Active |
Community Information
| Address | 435 Monticello Ave |
|---|---|
| Area | West Norfolk |
| Subdivision | DOWNTOWN AREA |
| City | Norfolk |
| State | Virginia |
| Zip Code | 23510 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | 1 Space |
| Is Waterfront | No |
| Waterfront | Not Waterfront |
| Has Pool | No |
| Pool | No Pool |
Interior
| Appliances | Dishwasher, Disposal, Dryer, Dryer Hookup, Range, Elec Range, Refrigerator, Washer, Washer Hookup |
|---|---|
| Heating | Forced Hot Air, Heat Pump |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Poly Skin |
| Foundation | Slab |
School Information
| Elementary | Walter Herron Taylor Elementary |
|---|---|
| Middle | Blair Middle |
| High | Maury |
Additional Information
| Days on Market | 35 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KW Metro Center |
|---|