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For sale by owner
  • $849,000

    241 W Ocean View Ave, Norfolk, VA 23503

    6beds
    2,400sqft
    : 
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    MultiFamily
    Built in 1989
    -- sqft lot
    $-- Zestimate®
    $354/sqft
    $-- HOA

    What's special

    Private entrancesOff-street parkingThoughtfully designed layoutsBig backyardParking lotIn-unit laundryOpen-concept kitchen
    Beachside 2-Family Home Welcome to 241 W Ocean View Ave, high-performing two-family investment property located just steps from the sandy shores of Ocean View Beach in Norfolk, VA. This turnkey short-term rental generates hingh numbers in annual income and is ready to continue delivering strong returns from day one. The property consists of two spacious 3-bedroom, 2-bathroom apartments—one upstairs and one downstairs—each with private entrances, updated interiors, and thoughtfully designed layouts perfect for hosting guests or multi-generational living. Big Backyard and Parking Lot. ?? Property Highlights: Two fully independent 2x 3BR/2BA units (upstairs & downstairs) Each unit includes an open-concept kitchen, modern bathrooms, and in-unit laundry Stylish coastal furnishings and décor included. Off-street parking Outdoor space for relaxation or entertaining Steps from the beach, dining, and local attractions Legally operating as a short-term rental (verify zoning/licensing) Proven income of ~$100,000 annually. This is an excellent opportunity for investors seeking passive income or for a buyer looking to live in one unit while renting the other. With its prime beachside location and solid rental history, 241 W Ocean View is a rare find in Norfolk's booming vacation rental market. Schedule your private showing today and step into a profitable, worry-free investment!
    12 days
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    475
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    19
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    Listed by:

    Property Owner (646) 306-8454

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Carpet, Hardwood
      Interior area
      • Total interior livable area: 2,400 sqft

      Property

      Parking
      • Parking features: Off-street

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1989

      Community & HOA

      Location
      • Region: Norfolk

      Financial & listing details

      • Price per square foot: $354/sqft
      • Date on market: 7/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,088/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$849,000-4.6%$354/sqft
        Source: Owner Report a problem
        10/30/2025Listing removed--
        Source: Owner Report a problem
        8/1/2025Price change$890,000+1088.3%$371/sqft
        Source: Owner Report a problem
        12/27/2016Listing removed$1,195-4.4%
        Source: Gifford Management Company Report a problem
        9/11/2015Listing removed$1,250$1/sqft
        Source: Gifford Management Company Report a problem
        3/6/2015Listed for rent$1,250$1/sqft
        Source: Gifford Management Company Report a problem
        4/8/2014Listing removed$1,250$1/sqft
        Source: Zillow Rental Network Report a problem
        12/12/2013Listed for rent$1,250$1/sqft
        Source: Gifford Management Group Report a problem
        1/12/2013Listing removed$1,250$1/sqft
        Source: Gifford Management Group Inc. Report a problem
        12/7/2012Listed for rent$1,250$1/sqft
        Source: Gifford Management Group Inc. Report a problem
        2/27/2011Listed for sale$74,900$31/sqft
        Source: William E Wood At The Mall #1108121 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West Ocean View

        Getting around

        66 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ocean View Elementary
        • High: Granby
        • District: Granby

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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