Foreclosure for Sale on Rainey Dr, Norfolk, VA 23504

Foreclosures โ€บ Virginia โ€บ Norfolk City โ€บ Norfolk โ€บ Rainey Dr
Bank-owned REO foreclosure property at Rainey Dr, Norfolk, VA 23504. 4 bed 1 bath 2,060 sq ft Norfolk City County foreclosure listing.
Foreclosure (REO) Active 46 days on market
Rainey Dr, Norfolk, VA 23504
Price TBD
Norfolk City County ยท Virginia
4
Bedrooms
1
Bathrooms
2,060
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 4
Bathrooms 1
Living area 2,060 sq ft
County Norfolk City County
State Virginia
ZIP 23504
Days on Market 46 days
Listing ID 65991840
About this property

This Norfolk, VA property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Norfolk City County Market ยท Updated daily
Active Listings
480
Avg. Est. Value
$232,496
Bank-Owned (REO)
133
Pre-Foreclosures
347

480 active foreclosure listings in Norfolk, VA.

Browse all Norfolk City County foreclosures โ†’
โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Norfolk City County foreclosures for additional guidance on the purchase process.
There are currently 480 active foreclosure listings in Norfolk, VA. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Norfolk, VA Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 23504 ยท U.S. Census ACS
Population
24,202
Median Age
28.7 yrs
Households
8,519
Median Household Income
$39,611
Median Home Value
$243,200
Median Rent
$883/mo
Owner-Occupied
34% of homes
Vacancy Rate
10% of units
Unemployment Rate
13.1%

~12% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 23504
๐Ÿซ Elementary
Chesterfield Elementary
Grades Pre-Kโ€“5ยทNorfolk ZIP 23504
๐Ÿซ Middle
Ruffner School
Grades 3โ€“8ยทNorfolk ZIP 23504
๐ŸŽ“ High
Booker T Washington High
Grades 9โ€“12ยทNorfolk ZIP 23504

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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