Modern interiorsMini-split hvac throughoutRepaved parkingFully renovatedUpdated building systemsOn-site laundry roomInviting outdoor common spaces
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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Zillow last checked:
Listing updated:
Listed by:
Trey Decker,
BHHS RW Towne Realty757-486-8800
Source: REIN Inc.,MLS#: 10647916
Facts & features
Interior
Heating
Electric
Cooling
Other
Appliances
Included: Gas Water Heater
Features
Flooring: Laminate/LVP
Basement: Crawl Space
Furnished: Yes
Common walls with other units/homes: No One Above
Property
Parking
Parking features: Assigned, Multi Car, Driveway
Has uncovered spaces: Yes
Features
Stories: 2
Frontage length: 75
Lot
Dimensions: 75 x 151 x 63 x 150
Details
Zoning: R-12
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Frame, Vinyl Siding
Roof: Asphalt Shingle
Condition
Year built: 1962
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected
Community & HOA
Community
Subdivision: Willoughby Beach
Location
Region: Norfolk
Financial & listing details
Annual tax amount: $10,990
Date on market: 8/6/2026
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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