831 W Ocean View Avenue, Norfolk, VA 23503

Norfolk
Local realty services provided by:ERA Real Estate Professionals
831 W Ocean View Avenue,Norfolk, VA 23503
$2,550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: christian phillips
Office: inlet realty
MLS#:10620197
Source:VA_REIN

Price summary

  • Price:$2,550,000

About this home

831 W Ocean View Ave in Norfolk offers a rate 16-unit, 2BR/1BA multifamily opportunity featuring true Class A finishes throughout. Investors will appreciate the premium unit quality and strong tenant appeal in the Ocean View submarket, minutes to the beach, dining and major commuter routes. The property has already been converted to condominiums, creating multiple exit strategies--operate as a stabilized rental, execute a phased or bulk condo sell-ff, or pursue a hybrid approach to maximize returns. Offered at a never-before-seen price of $2,550,000, this asset presents an exceptional basis for a high-finish, boutique portfolio addition or 1031 exchange replacement. Request offering memorandum, financials and condo documentation from broker. Tours by appointment only--please do not disturb residents.

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Home facts

  • Year built:1965
  • Listing ID #:10620197
  • Updated:March 19, 2026 at 09:20 AM

Rooms and interior

  • Flooring:Vinyl, Wood

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1965
  • Construction Materials:Brick
  • Foundation Description:Crawl
  • Levels:2 Story

Schools

  • High school:Granby
  • Middle school:Norview Middle
  • Elementary school:Little Creek Elementary

Utilities

  • Water:City Water, Water Heater - Electric
  • Sewer:City Sewer

Finances and disclosures

  • Price:$2,550,000
  • Tax amount:$26,862

Parking

  • Parking description:Lot
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