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.
For sale
$1,350,000
1075 W Ocean View Ave, Norfolk, VA 23503
--beds
--baths
--sqft
Apartment
Built in 1962
-- sqft lot
$1,305,700 Zestimate®
$--/sqft
$-- HOA
What's special
Modern interiorsMini-split hvac throughoutRepaved parkingFully renovatedUpdated building systemsOn-site laundry roomInviting outdoor common spaces
- 72 days
- 344
- 49
Zillow last checked:
Listing updated:
Listed by:
Trey Decker,
BHHS RW Towne Realty 757-486-8800
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
$1,305,700
$1.24M - $1.37M
$2,096/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Willoughby
Nearby schools
Schools provided by the listing agent
- Elementary: Willoughby Elementary
- Middle: Northside Middle School
- High: Granby
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





