Norfolk Property Management Overview
Property management services include: Monthly financial accounting, quality property maintenance, cost control, inspection services, problem evaluation, vacancy leasing, advertisement, marketing of property vacancies, property showings, application, tenant screening, eviction and small claims management.
We excel with excellent customer service and personal attention to detail. We are locally owned and operated, highly experienced & dedicated to client satisfaction. Voted best property management company in for over 9 years continuously for all of Coastal Virginia in numerous contests!
How much rent can you get for your investment?
Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.
- Get Optimized Rental Value for Your Property
- Gain Crucial Insight into Current Market Conditions
- Determine Your Cashflow from Monthly Rental Value
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Owner or Renter?
As Your Norfolk Property Manager, We Take Care of Everything.
Property Marketing
Our comprehensive marketing approach includes market analysis, MLS listing, social media, digital property listings and traditional real estate market advertising techniques. We make certain your vacancy doesn't stay that way for long!
Get Rent-Ready
If your investment property isn't quite ready, no problem. Let our Norfolk property managers take on the responsibility of getting your property ready for the rental market. We can handle any repairs to ensure that your dwelling is move-in ready for your tenants convenience.
Tenant Screening
At Abrams Realty, we place only the very best renters. Every application we receive undergoes a careful tenant screening process, with background and financial checks designed to protect you and your rental property. We even verify employment history and eviction history.
Rent Collection
Getting your rent payments each month shouldn't mean playing a guessing game. We handle all invoicing and rent collection on your behalf, enforce any late penalties, and deposit your rent collection earnings directly into your bank account.
Property Inspections
Regular inspections for your Norfolk rental are an integral part of our business’s residential property management approach. These property evaluations allow us to check that all is well behind the scenes and address any red flags.
Maintenance
Is keeping up with your maintenance needs overwhelming? We can handle all maintenance requests for you! We manage repairs and keep your rental value high.
Financials
Like to keep an eagle eye on your performance? No problem! Sign into the owners portal at any time to manage your latest statements and notes from our management team no matter the time of day.
Leasing
What's your rental strategy? Let our expert leasing team find the right tenants to sign, faster than you'll believe possible. We'll maximize your rental income and eliminate hassles.
Tenant Relations
Our team orientates your tenants to the unit, collects payments, and manages turnover. If something goes wrong, we'll resolve the situation and find a great new tenant for your dwelling.
Legal Compliance
Are you current on the nuances of state and local laws for rental properties? Let our Virginia Beach property managers provide you with the services you need and connect you with an expert's point of view, protecting you from real estate legal nightmares.
you’re protected with our guarantees
Price Match Guarantee
$145
We charge a flat fee, not a percentage of the rent! NO money is ever due up front.
We have No JUNK fees, start up, inspection fees, admin fees, advertising fees or maintenance coordination fees.
We charge a Leasing fee on the first month's rent only, our fees get paid out of the incoming rent collected. Funds are then direct deposited to our owners.
Owners never pay for management fees when a property is vacant.
Learn More about pricing and property management servicesFriendly, experienced, and dedicated to helping property owners
"We've really enjoyed working with Abrams Realty's Property Management Department. Their team is friendly, experienced, and dedicated to helping property owners. From leasing and maintenance to inspections and tenant communication, they offer a wide range of services that make rental ownership more manageable. We're grateful to have their support."
Discover Norfolk
Norfolk is a lively coastal city of more than 230,000 residents and serves as the cultural and financial hub of the Hampton Roads metropolitan area.
Norfolk, Virginia remains one of the most strategically positioned rental markets in Hampton Roads for rental property owners and real estate investors in 2026. With a population of more than 230,000 and home to the world’s largest naval base, Norfolk benefits from steady military relocation, healthcare expansion, port activity, and higher education demand driven by Old Dominion University.
In 2026, average rental rates in Norfolk typically range between $1,400–$2,000 per month for apartments and condos and $2,000–$3,100 per month for single-family homes, depending on neighborhood and proximity to Downtown, Ghent, or the waterfront. Well-priced properties often lease within 2–4 weeks, while homes priced above market—particularly in competitive urban corridors—can experience longer vacancy periods.
What This Means for Rental Property Owners
Norfolk offers consistent rental demand fueled by military personnel, port-related employment, healthcare professionals, and university tenants. However, performance varies significantly between Ghent, Downtown, Ocean View, and suburban-style neighborhoods. In addition:
- Military transfers create dependable demand but can increase turnover frequency.
- Waterfront and coastal properties require proactive maintenance and insurance planning.
- Older historic homes may require larger capital improvement budgets.
- Virginia landlord-tenant regulations and required disclosures must be carefully followed.
Owners who align rental pricing with neighborhood trends and maintain strong property condition continue to achieve stable occupancy and reliable cash flow.
How Abrams Realty Serves Norfolk Rental Property Owners
We exclusively serve rental property owners and real estate investors — not general “clients.” Our property management services are structured to improve performance while reducing operational risk:
- Market-driven rental pricing based on real-time Norfolk leasing data.
- Professional marketing to minimize vacancy time.
- Comprehensive tenant screening to reduce payment and eviction risk.
- Consistent rent collection and transparent financial reporting.
- Maintenance coordination and inspections to protect long-term asset value.
- Lease enforcement and Virginia compliance oversight to reduce liability exposure.
Our objective is clear: maximize rental income, minimize vacancy loss, and protect the long-term value of your Norfolk investment property.
With ongoing waterfront revitalization, strong port activity, military presence, and cultural vibrancy, Norfolk continues to offer stability and appreciation potential in 2026. For owners seeking dependable returns without day-to-day management burdens, professional property management provides the systems and local expertise required to stay competitive.
