1957 E  Ocean View Ave, Norfolk, VA 23503
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FOR SALE
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1957 E Ocean View Ave
Norfolk, VA 23503

Cottage Line
  • 5 Beds
  • 5 Baths

$700,000

Est. Mortgage $4,211/mo*

$700,000

Est. Mortgage $4,211/mo*
5 Beds
5 Baths

Home Highlights

Climate Control
Heating & Cooling
Listed
15 days ago

Local Information

  • Map ViewExplore the area around 1957 E Ocean View Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Exceptional investment opportunity in Norfolk's sought-after Cottage Line neighborhood of Ocean View, just across the street from the Chesapeake Bay. This all-brick, 3,175 sq. ft. apartment building features five units, including four 1-bedroom, 1-bath apartments and one 2-bedroom, 2-bath apartment. Situated on a high-elevation lot, the property does not require flood insurance and includes a detached garage generating additional rental income, plus an off-street parking lot at 1957 E. Ocean View Ave. Each unit is separately metered for electricity, with tenants paying their own electric. When fully leased, the property generates $5,775 per month in apartment rental income, plus an additional $600 per month from the detached garage. Unit E has been updated with new luxury vinyl plank flooring, an updated kitchen, and a refreshed bathroom, and is currently vacant for immediate showings. Occupied units require a minimum of 24 hours' notice.

Home Details for 1957 E Ocean View Ave

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Gas Water Heater
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Laminate/LVPCommon Walls: No One Above
Levels, Entrance, & Accessibility
Stories: 2Floors: Laminate LVP
View
No View

Exterior Features

Exterior Home Features
Roof: Poly SkinFoundation: Slab
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking: Parking Lot,Close to Mass Transit,Multi Car,Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 150Not Allowed to Raise Horses

Days on Market

Days on Market: 15

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Block, Brick

Price & Status

Price
List Price: $700,000
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: NorfolkCommunity: Ocean View East
School Information
Elementary School: Bay View ElementaryJr High / Middle School: Azalea Gardens MiddleHigh School: Norview

Agent Information

Listing Agent
Listing ID: 10643752

Lot Information

Lot Area: 7500 sqft

Offer

Contingencies: Non Contingent

Miscellaneous

Mls Number: 10643752
Last check for updates: about 11 hours ago
Listing courtesy of Katie Howlett
BHHS RW Towne Realty, (757) 217-4200
Ashley Link
BHHS RW Towne Realty, (757) 217-4200
Source: REIN Inc., MLS#10643752

Market trends in Norfolk

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$319K
$6.5K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$210
$1
MoM
Available listings
949
15
MoM

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Comparable Sales for 1957 E Ocean View Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Multi-Family Home
$323,000
10/02/25
4
2
1,500
1.05
Multi-Family Home
$399,000
07/07/26
4
3
2,200
0.55
Multi-Family Home
$747,500
12/09/25
8
5
3,050
0.36
Multi-Family Home
$255,000
05/29/26
4
2
2,600
1.41
Multi-Family Home
$530,000
05/21/26
5
5
2,600
0.36
Multi-Family Home
$415,000
02/27/26
3
1
1,203
0.66
Multi-Family Home
$375,000
06/10/26
4
2
1,524
0.90
Multi-Family Home
$640,000
10/31/25
6
4
3,000
0.73
Multi-Family Home
$283,000
01/16/26
3
3
1,300

Nearby homes

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Assigned Schools

These are the assigned schools for 1957 E Ocean View Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cottage Line

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's walkable to restaurants

  • 100 % Say car is needed

  • 50 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I've been here for 3 years. It's very walkable, close to the beaches, parks, library, 7-11, Ocean View Shopping Center, and places to eat. And public transportation is also available, Hampton Roads Transportation. "
  • Hannalhughes
    "I used to work in Berkley and it was about 25 minutes. Part of Ocean View Avenue is under construction so that cause a bit of congestion. "
  • Andonyzelaya21
    "I think this is a very beautiful place to live! There is only some issues in small apartments pets aren’t welcome... But the rest it’s nice! Good parks near, the beach and very friendly neighbors! "
  • Bezdekpriscilla
    "It is great to visit and live here. It is clean and orderly, people are very nice, down to earth and helpful. There are live entertainment sduring the summer months, carnivals and so much more. Drive to city of Norfolk and Virginia Beach is a short distance away. The community are very involve with each other. Overall a great place to be either for vacation or permanent."

LGBTQ Local Legal Protections

Katie Howlett, BHHS RW Towne Realty, (757) 217-4200
The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-07-26 01:06:23 PDT
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.
1957 E Ocean View Ave, Norfolk, VA 23503 is a 5 bedroom, 5 bathroom multi-family built in 1962. 1957 E Ocean View Ave is located in Cottage Line, Norfolk. This property is currently available for sale and was listed by REIN Inc. on Jul 10, 2026. The MLS # for this home is MLS# 10643752.