850 W 43rd St, Norfolk, VA, 23508
About This Home
Investor opportunity just located between ODU’s campus & Colley Ave. Built in 2018, this newer construction home is currently rented through July 2027, offering immediate cash flow in one of Norfolk's most consistently in-demand rental markets. The spacious floor plan features a large foyer, open living and dining areas, a kitchen with granite countertops and abundant cabinetry, four generously sized bedrooms (w/ the possibility of more) & 3 full baths. Property is sold with lot at 848 W 43rd Street, which provides a private driveway for 5 vehicles and locked bike storage. Newer construction, strong rental income, low-maintenance features, and an unbeatable location make this a fantastic addition to any investment portfolio. Portfolio sale opportunity available/preferred, call for more information.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Electric Range,Refrigerator,Washer,Electric Water Heater
- Laundry features: Dryer Hookup,Washer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet,Ceramic Tile,Vinyl
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,110 sqft
Property
Details
- Zoning: SF-T
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
- Fencing: None
- Waterfront features: Not Waterfront
- Frontage length: 50
Parking
- Parking features: Parking Lot,Driveway,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,300 | $27,600 |
| Home Insurance * | $233 | $2,796 |
| Property Taxes | $345 | $4,140 |
| Electricity | $203 | $2,438 |
| Total | $3,081 | $36,972 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
For Sale by Agent
View on Zillow