6-Unit Bayfront Multifamily
For Sale
$1,850,000
842 W Ocean View A-B Avenue, Norfolk, VA 23503
Multi Family Residential, Side by Side, Norfolk, VA
Property Size3,332 SF
Price / SF$555.22
Days on Market87
Property Features for 842 W Ocean View A-B Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-12
Subdivision
WILLOUGHBY BEACH
Lot features
Deck
Elementary school
Ocean View Elementary
Middle school
Northside Middle School
Standard status
Active
Size
3,332 SF
Taxes and HOA fees
Tax Annual Amount
22952
Utilities
Water front
1
Amenities
direct beach access
Chesapeake Bay views
Building Details
Year built
1984
Roof type
Shingle
Architectural style
Other
Listing Agency:
BHHS RW Towne Realty · Berkshire Hathaway HomeServices
(757) 436-3636
Listed By:
David Wilkey · License #232478
(757) 690-0439
Added: Jul 8
Changed: Sep 24
Last Checked: Oct 2 at 12:06AM
MLS# 10643308
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Investment Insights
Based on property information with market context.
This six-unit multifamily offering brings together a duplex and an adjoining fourplex at 840 and 842 W Ocean View Ave. The properties total 3,332 square feet and were built in 1984. The duplex may be converted to a single residence, subject to applicable approvals; both properties are offered together.
The property fronts Chesapeake Bay and has direct beach access. The R-12 zoning designation is also noted for the offering.
The property fronts Chesapeake Bay and has direct beach access. The R-12 zoning designation is also noted for the offering.
Key Highlights
- Six units across a duplex and adjoining fourplex
- Combined building area of 3,332 square feet
- Built in 1984
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
128
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two adjoining buildings combine a waterfront duplex and fourplex with direct beach access.
Where is this multifamily property located?
The property is located at 842 W Ocean View A-B Avenue Norfolk, VA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Six units across a duplex and adjoining fourplex; Combined building area of 3,332 square feet; Built in 1984
