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840 W Ocean View Ave Norfolk, VA 23503

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Sponsored
For Sale
$2,000,000

Side by Side, Quadruplex,Multi Family Residential - Norfolk, VA

Type:Quadruplex
Property size:
4,020 SF
Days on Market:
2
Last Refresh:
Mar 6 at 11:06 pm

Property Features for 840 W Ocean View Ave

General Information

Property type
Residential
Property subtype
Quadruplex
Standard status
Active
Zoning
R-12
Size
4,020 SF

Utilities

Water front features
Waterfront
Water front
1

Building Details

Year built
1984
Building materials
Brick
Roof type
Asphalt, Shingle
Architectural style
Other

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Listing Contact
David Wilkey

Berkshire Hathaway HomeServices RW Towne Realty (757) 690-0439

Listing agent David Wilkey (757) 690-0439

Listing date Mar 5, 2026

MLS# 10623277 Listing URL

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Bayfront Quadruplex Multifamily Investment Opportunity

This offering presents a rare bayfront investment opportunity situated on the shores of the Chesapeake Bay. The package sale includes two properties, combining waterfront lifestyle with income potential. The bayfront duplex features panoramic water views and private beach access, suitable for boating, fishing, kayaking, and enjoying sunsets. Flexible options allow for occupying one side while leasing the other, renting both units, or exploring conversion to a single waterfront residence, subject to approvals. Additionally, a well-maintained four-unit building with numerous updates provides a reliable income stream. This distinctive property blends coastal living with investment performance. The property is conveniently located near interstates, shopping, dining, and local amenities. The property is under video surveillance. Both properties must be sold together as a package. The property is zoned R-12 and has a size of 4020 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Will Bay Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Building Supply Gym & Fitness Center Accounting Firm Daycare Center Auto Repair Shop Pharmacy Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Norfolk
County
Norfolk
State
Virginia
Longitude
-76.2734458
Latitude
36.9659223

FAQs

What type of property is this?
Duplex - Rare bayfront investment opportunity with strong income potential.
Where is this duplex located?
The property is located at 840 W Ocean View Ave Norfolk, VA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Rare bayfront investment opportunity on the Chesapeake Bay with strong income potential.; - Package sale includes a bayfront duplex with private beach access and panoramic water views.; - Duplex offers flexible options: live in one unit and rent the other, rent both, or convert to a single residence (subject to approvals).
More about this property
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