16-Unit Condo-Converted Apartment
For Sale
$2,550,000
831 W Ocean View Avenue, Norfolk, VA 23503
Condominium conversion with R-12 zoning in Norfolk’s Ocean View area, near the beach and local dining.
Property SizeContact for details
Days on Market53
Property Features for 831 W Ocean View Avenue
General Information
Standard status
Active
Property subtype
Apartments
Zoning
R-12
Units
Unit Mix
16 x 2BR/1BA
Multifamily Units
16
Additional Details
Asking Price
$2,550,000
Building Details
Year Built
1965
Listing Agency:
(757) 502-4070
Listed By:
Mia Roberson
(757) 502-4070
Source:
Creedrealty.idxbroker
Added: Jul 9
Changed: Aug 29
Last Checked: Aug 30 at 1:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mia Roberson
Investment Insights
Based on property information with market context.
This 16-unit apartment property includes two-bedroom, one-bath residences and was originally built in 1965. The building has been converted to condominiums, providing a condominiumized multifamily format within an established residential setting. The source information describes upgraded, high-end interior finishes across the units.
Located at 831 W Ocean View Avenue in Norfolk’s Ocean View area, the property is positioned near the beach, dining options, and major commuter routes. R-12 zoning is identified for the site. The unit configuration and condominium status offer a defined multifamily asset profile for review alongside the property’s condominium documentation and financial materials.
Located at 831 W Ocean View Avenue in Norfolk’s Ocean View area, the property is positioned near the beach, dining options, and major commuter routes. R-12 zoning is identified for the site. The unit configuration and condominium status offer a defined multifamily asset profile for review alongside the property’s condominium documentation and financial materials.
Key Highlights
- 16‑unit apartment property with 2BR/1BA residences
- Building converted to condominiums
- R‑12 zoning
Property Analytics
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 23503, VA
31,932
Population
15,350
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
6,386
Density / Sq Mi
$62,428
Median Household Income
$42,850
Median Earnings
$1,195
Median Rent
$273,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Condominium conversion with R-12 zoning in Norfolk’s Ocean View area, near the beach and local dining.
Where is this apartment building located?
The property is located at 831 W Ocean View Avenue Norfolk, VA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 16‑unit apartment property with 2BR/1BA residences; Building converted to condominiums; R‑12 zoning
