1075 W Ocean View Avenue, Norfolk, VA 23503

Norfolk
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
1075 W Ocean View Avenue,Norfolk, VA 23503
$1,285,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: trey decker
Office: bhhs rw towne realty
MLS#:10647916
Source:VA_REIN

Price summary

  • Price:$1,285,000

About this home

Just one block from the Chesapeake Bay, 1075 W Ocean View Ave offers a rare opportunity to acquire a fully renovated, professionally managed 8-unit apartment building in one of Norfolk's most sought-after coastal rental markets. Comprised of four one-bedroom and four two-bedroom residences, the property underwent an extensive renovation in 2021, featuring modern interiors, updated building systems, mini-split HVAC throughout, repaved parking, and inviting outdoor common spaces. Additional features include 10 off-street parking spaces and an on-site laundry room. Just minutes from Naval Station Norfolk, I-64, and Ocean View's beaches, this turnkey investment combines strong in-place income with long-term upside in one of the region's most resilient multifamily corridors.

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Home facts

  • Year built:1962
  • Listing ID #:10647916
  • Updated:November 12, 2026 at 10:25 AM

Rooms and interior

  • Flooring:Laminate/LVP

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1962
  • Construction Materials:Vinyl
  • Foundation Description:Crawl
  • Levels:2 Story

Schools

  • High school:Granby
  • Middle school:Northside Middle School
  • Elementary school:Willoughby Elementary

Utilities

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

Finances and disclosures

  • Price:$1,285,000
  • Tax amount:$10,990

Parking

  • Parking description:Assigned/Reserved, Driveway Space, Multi Car
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