1146 W Ocean View AVE, Norfolk, VA 23503

• 1,750 sqft

Property Description

This is the kind of opportunity people wait years for in OV.Rare duplex value-add opportunity a block to the Chesapeake Bay with NO HOA/CONDO fees,a combination becoming nearly impossible to find in this area anymore,last of the dying breed.This Duplex needs substantial reno & is being sold strictly as-is where is.Potential is massive w/ the right vision and rehab,has the potential to become a $500k + coastal income-producing asset in one of Norfolk’s fastest-growing waterfront corridors.Multifamily opportunities near the water w/ this kind of long-term equity potential are becoming increasingly scarce.Investors,builders,BRRRR strategies,long-term rentals,short-term rental potential(buyer to verify),or owner-occupants looking to create wealth through real estate.Strong demand for rental housing,close proximity to beaches,bases,restaurants,interstate access & redevelopment throughout the Ocean View area continue to drive values upward. MUST SIGN HOLD HARMLESS TO ENTER

Listing Status:

Pending

Data Last Updated:

May 21, 2026 at 12:38AM

Listing Office:

1st Advantage Realty LLC : 757-650-7888

Listing Agent:

Julie Coggsdale :

MLS ID:

10634125

Exterior

• General: Vinyl
• Style: Over/Under

Construction

• Roofing: Asphalt Shingle
• General: Crawl

Location

• County: Norfolk VA

Lot

• Zoning: R-12
• Fencing: Picket

Utilities

• Water: City/County
• Sewer: City/County