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Icon Norfolk Apartments apartments in Norfolk, VA

Updated

Icon Norfolk Apartments

321 E Main St, Norfolk, VA 23510

Live pricing, refreshed

14
Units Listed
$1,679
Starting at
$2,554
Average
$4,929
Highest
$2.59
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Downtown rent trends

Beds

Pricing by Bedroom

1 Bed
$1,877
from $1,679 · 6 units
~667 sqft avg
2 Bed
$2,425
from $2,220 · 5 units
~998 sqft avg
3 Bed
$4,122
from $2,814 · 3 units
~1,615 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (1)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$536K

$6.4M annual run rate

Est. Occupancy

95%

of about 269 units (reported building size)

Effective Rent on New Leases

$2,103

vs $2,554 current asking ($451 negotiation gap)

Recent Lease Activity

32 units tracked; 18 assumed leased, 14 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

14

Moderate availability

7 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

14 units
1 Bed / 1 Bath Presley
$1,679/mo
622 ft² · $2.70/ft\u00B2 · #512
1 Bed / 1 Bath Dean
$1,764/mo
622 ft² · $2.84/ft\u00B2 · #705
1 Bed / 1 Bath Hepburn
$1,909/mo
712 ft² · $2.68/ft\u00B2 · #709
1 Bed / 1 Bath Hepburn
$1,924/mo
712 ft² · $2.70/ft\u00B2 · #1008
1 Bed / 1 Bath Presley
$1,959/mo
622 ft² · $3.15/ft\u00B2 · #2105
1 Bed / 1 Bath Hepburn
$2,024/mo
712 ft² · $2.84/ft\u00B2 · #2009
2 Bed / 2 Bath Kennedy
$2,220/mo
950 ft² · $2.34/ft\u00B2 · #1314
2 Bed / 2 Bath Kennedy
$2,240/mo
950 ft² · $2.36/ft\u00B2 · #1702
2 Bed / 2 Bath Hemingway
$2,456/mo
1,069 ft² · $2.30/ft\u00B2 · #606
2 Bed / 2 Bath Kennedy
$2,510/mo
950 ft² · $2.64/ft\u00B2 · #2107

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Norfolk, VA notes

No resident notes for this property yet.

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