119 days on market
$8,750,000
8534 Chesapeake Blvd
Norfolk, Virginia 23503
MLS# 10614349 · BAYVIEW ESTATES · Norfolk VA
Updated Apr 28, 2026 · Source: REIN MLS
Est. payment
$54,921/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
119
HOA
None
Year built
1984
42 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryBay View Elementary3/10
- MiddleAzalea Middle School5/10
- 2/10
Info provided by GreatSchools
About this home
Welcome to Marquis Villa, a well maintained 76-unit rental complex centrally located in Norfolk. This complex features 73 two-bedroom, 1.5-bath and 3 three-bedroom, 2 bath townhome style units with a strong rental history and consistently high occupancy rates. The property has been carefully maintained, with clean, orderly grounds that reflect pride of ownership. Investors will appreciate the reliable income stream a…
Listed by Trey Decker · BHHS RW Towne Realty
Location & Neighborhood
Location & Street View
8534 Chesapeake BLVD, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic
Heating
Forced Hot Air
Cooling
Central Air
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$8,750,000
Price / Sq Ft
$0
Annual Taxes
$83,606
Monthly Tax
$6,967
HOA
None
Tax Rate (effective)
0.96%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jan 10, 2026 | $8,750,000 | — |
| Currently listed | — | $8,750,000 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$6,797,200
Land
$1,998,500
Improvement
$4,798,700
Parcel ID: 1540264618 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$54,921/moPrincipal & interest
$45,402
Property tax
$6,967
Home insurance
$2,552
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10614349
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$8,750,000
8534 Chesapeake BLVD, NORFOLK VA 23503
Norfolk, Virginia 23503
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