For sale

Price cut: $250K (10/13)

$1,600,000

840 W Ocean View Ave, Norfolk, VA 23503

8beds

8baths

4,020sqft

$10,586/mo

Get pre-qualified

Quadruplex

Built in 1984

-- sqft lot

$1,538,800 Zestimate^®

$398/sqft

$-- HOA

What's special

Waterfront duplexDirect beach accessWide chesapeake bay views

SELLER WILL CONSIDER OWNER FINANCING, subject to seller approval and agreed terms! Two properties, one price: $1,850,000. This Chesapeake Bayfront package includes 840 & 842 W Ocean View Ave, combining a bayfront duplex and adjoining fourplex for six total units. Wide Chesapeake Bay views and direct beach access offer a coastal setting for boating, fishing, kayaking, beach walks, and sunsets. Explore the potential for a waterfront residence with rental income from the remaining units, subject to existing leases, or purchase the entire package as an income-producing investment. The waterfront duplex also offers potential for future conversion into a single residence, subject to applicable approvals. Convenient Norfolk location near military installations, interstates, marinas, dining, shopping, and area beaches. Seller can provide a termite and moisture letter. Properties must be sold together. Shown by appointment to qualified buyers.

96 days
313
33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Appliances

Included: Electric Water Heater

Features

Basement: Crawl Space

Interior area

Total interior livable area: 4,020 sqft

Video & virtual tour

Property

Features

Fencing: None
Waterfront features: Not Waterfront
Frontage length: 50'

Details

Parcel number: 46918000
Zoning: R-12

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex

Materials

Brick
Roof: Asphalt Shingle

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Willoughby Beach

Location

Region: Norfolk

Financial & listing details

Price per square foot: $398/sqft
Tax assessed value: $1,866,000
Annual tax amount: $22,952
Date on market: 7/8/2026

Estimated market value

$1,538,800

$1.46M - $1.62M

$2,052/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$22,952 +16.5%	$1,866,000 +16.5%
2024	$19,698 +13.6%	$1,601,500 +15.4%
2023	$17,343 +3.3%	$1,387,400 +3.3%
2022	$16,790 +9.2%	$1,343,200 +9.2%
2021	$15,379 +0.8%	$1,230,300 +0.8%
2020	$15,254 +3.5%	$1,220,300 +3.5%
2019	$14,740 +3.8%	$1,179,200 +3.8%
2018	$14,196 +19.4%	$1,135,700 +8.5%
2017	$11,890	$1,046,700 -25.5%
2016	$11,890 -22.4%	$1,404,600
2015	$15,316	$1,404,600
2014	$15,316	$1,404,600
2012	--	$1,404,600 -4.8%
2011	--	$1,475,700 -6.2%
2010	--	$1,573,300 -4.2%
2009	--	$1,642,700 -4%
2008	--	$1,712,000 +0.1%
2007	--	$1,710,600 +19%
2006	--	$1,437,600 +67.4%
2005	--	$858,700 +44.4%
2004	--	$594,600 +12.2%
2003	--	$529,900 +5.2%
2002	--	$503,600 +6.5%
2001	--	$473,000
2000	--	$473,000