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  • $325,000

    1146 W Ocean View Ave, Norfolk, VA 23503

    5beds
    5baths
    1,750sqft
    Duplex
    Built in 1917
    -- sqft lot
    $326,100 Zestimate®
    $186/sqft
    $2,120 Estimated rent

    Home value

    $326,100

    $310,000 - $342,000

    $2,120/mo

    Zestimate® history
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    What's special

    Close proximity to beaches
    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Coggsdale,

    1st Advantage Realty LLC 757-650-7888

    Bought with:

    Samantha Thomas

    AMW Real Estate Inc

    Source: REIN Inc.,MLS#: 10634125MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Features
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 1,750 sqft

    Property

    Features
    • Fencing: Picket
    • Waterfront features: Not Waterfront
    Details
    • Parcel number: 27776000
    • Zoning: R-12

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1917

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Norfolk
    • Subdivision: Willoughby Beach

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2025$4,136 +1.1%$336,300 +1.1%
    2024$4,093 +8.3%$332,800 +10%
    2023$3,781 +13.3%$302,500 +13.3%
    2022$3,336 +5.1%$266,900 +5.1%
    2021$3,175 +1.8%$254,000 +1.8%
    2020$3,120 +2.8%$249,600 +2.8%
    2019$3,036 +2.4%$242,900 +2.4%
    2018$2,966 +14.2%$237,300 +5%
    2017$2,598 $225,900 +12.7%
    2016$2,598 +12.7%$200,400
    2015$2,305 $200,400
    2014$2,305 $200,400
    2013-- $200,400
    2012-- $200,400 -7.3%
    2011-- $216,100 -14.8%
    2010-- $253,500 -13.7%
    2009-- $293,700
    2008-- $293,700 0%
    2007-- $293,800 +12.7%
    2006-- $260,600 +36.4%
    2005-- $191,000 +39.9%
    2004-- $136,500 +16.2%
    2003-- $117,500 +11%
    2002-- $105,900 +5.3%
    2001-- $100,600 -0.1%
    2000-- $100,670

    Find assessor info on the county website

    Neighborhood: Willoughby

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean View 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.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $326,100
    2% more
    +$6,522
    With Zillow Showcase(estimated)
    $332,622