About 1075 W Ocean View Ave
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.
Features of 1075 W Ocean View Ave
| MLS® # | 10647916 |
|---|---|
| Price | $1,350,000 |
| Bathrooms | 0.00 |
| Year Built | 1962 |
| Type | Apartments 3+ |
| Sub-Type | Garden |
| Status | Active |
Community Information
| Address | 1075 W Ocean View Ave |
|---|---|
| Area | North Norfolk |
| Subdivision | WILLOUGHBY BEACH |
| City | Norfolk |
| State | Virginia |
| Zip Code | 23503 |
Amenities
| Utilities | City Sewer, City Water, Electric |
|---|---|
| Parking | Assigned/Reserved, Multi Car, Driveway Spc |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | 75X151X63X150 |
| Roof | Asphalt Shingle |
| Construction | Frame |
| Foundation | Crawl |
School Information
| Elementary | Willoughby Elementary |
|---|---|
| Middle | Northside Middle School |
| High | Granby |
Additional Information
| Days on Market | 35 |
|---|---|
| Zoning | R-12 |
| Short Sale | No |
| RE / Bank Owned | No |