Confirmed 2 days ago · seller motivation 5

940 Gates Ave, Norfolk, VA 23517

2 bd · 1 ba · 972 sqft · built 1930 · Norfolk · APARTMENT·source listing ↗

$174,900

rent, three ways

OnePercent model (vv1)$1,251/mo

p10–p90 confidence band

HUD Fair Market Rent · 23517 · 2BR$1,660/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Norfolk City

Flood risk indexRelatively Low FEMA NRI

Median household income$67,375

Median area rent$1,437/mo

Median home value$386,600