See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4204 Mayflower Rd, Norfolk, VA, 23508

4beds
3baths
1,600sqft
$295,000
$184price/sqft
$2,148/moest. monthly cost
$85,920/yrincome needed

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.

Getting Around

74
WalkingVery Walkable
43
TransitSome Transit
68
BikeBikeable

Schools

2/10
Granby Elementary SchoolGrades PK-51.8 mi
3/10
Blair Middle SchoolGrades 6-81.0 mi
3/10
Maury High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1953

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Asbestos

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Interior Area

  • Total interior livable area: 1,600 sqft

Property

Details

  • Parcel number: 26936500
  • Zoning: R-8

Features

  • Fencing: Partial
  • On waterfront: Yes
  • Waterfront features: Creek,River Front

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
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tsunami

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance *$151$1,812
Property Taxes $304$3,648
Electricity $202$2,433
Total$2,148$25,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,645/yr
40% on housing$64,440/yr
45% on housing$57,280/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 23508$202
Norfolk City$181

vs Homes Sold Last Month

Median $/sqft

ZIP 23508$217
Norfolk City$200

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

AgentCarrie Copenhaver
BrokerageIron Valley Real Est Norfolk

Similar Homes