4036 E Ocean View Avenue
Norfolk, VA 23518
East Ocean View- 5 Beds
- 4 Baths
- 3,550 sqft
5 Beds
4 Baths
3,550 sqft
Local Information
-- mins to
Description
Your next cash flowing beach investment is already booked and earning! Fully furnished and professionally managed, this rare 5-year city approved short term rental in Norfolk’s desirable East Beach is ready for new ownership. Generating over $150, 000 gross annual income in both 2023 and 2024, it offers a strong 9% CAP rate with consistent bookings from vacationers and corporate guests alike. Whether you're an investor or a buyer looking for a beach home that pays for itself, this one delivers. Enjoy multiple decks with Bay views, direct beach access just steps away, and a location minutes from marinas, local dining, naval bases, and the airport. This is your chance to own a high performing furnished rental in one of Coastal Virginia’s most exciting emerging markets.
4036 E Ocean View Avenue, Norfolk, VA 23518 is a 5 bedroom, 3,550 sqft single-family home in East Ocean View, built in 2003. It last sold for the $1,073,000 asking price on Jul 1, 2025. More recently, it was listed as a rental in September 2025 with an asking price of $5,750 per month. That rental listing was removed on December 27, 2025. It is currently off market. The Trulia Estimate is $1,100,300, with a rent estimate of $5,541/month.
Home Highlights
Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 4036 E Ocean View Avenue
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Heating & Cooling Heating: ElectricAir ConditioningCooling System: Central AirHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 3Floors: Carpet, Ceramic, Wood |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Asphalt |
Parking & Garage GarageParking: Garage Att 2 Car 2 Space Off Street, Garage Attached |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: Single Family HomeArchitecture: Transitional, Tri-Level |
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Last check for updates: about 2 hours ago
Listed by Mel Volland
EXP Realty LLC
Source: eXp Realty, MLS#10583470
Price History for 4036 E Ocean View Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 12/27/2025 | $5,750 | ListingRemoved | Zillow Rentals |
| 09/22/2025 | $5,750 | Listed For Rent | Zillow Rentals |
| 07/01/2025 | $1,073,000 | Sold | N/A |
| 05/27/2025 | $1,100,000 | Contingent | REIN Inc. #10583470 |
| 05/15/2025 | $1,100,000 | Listed For Sale | REIN Inc. #10583470 |
| 05/10/2025 | ListingRemoved | N/A | |
| 04/28/2025 | $1,275,000 | Listed For Sale | N/A |
| 09/23/2020 | $775,000 | Sold | N/A |
| 06/05/2020 | $775,000 | Listed For Sale | Agent Provided |
| 05/01/2020 | $799,000 | ListingRemoved | Agent Provided |
| 12/23/2019 | $799,000 | Listed For Sale | N/A |
| 12/31/2015 | $599,900 | ListingRemoved | Agent Provided |
| 07/31/2015 | $599,900 | PriceChange | Agent Provided |
| 05/09/2015 | $599,000 | PriceChange | Agent Provided |
| 04/10/2015 | $645,000 | Listed For Sale | Agent Provided |
| 06/14/2014 | $2,800 | ListingRemoved | N/A |
| 05/27/2014 | $2,800 | Listed For Rent | N/A |
Market trends in East Ocean View
Last updated June 2026
Avg. sale price
$593K
Sale-to-List Price
—
Price per sq ft
$278
Available listings
74
2MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $12,275 |
| Assessment | $998,000 |
Home facts updated by county records
Comparable Sales for 4036 E Ocean View Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $1,350,000 | 06/11/26 | 4 | 3.5 | 4,059 | |
0.07 | Single-Family Home | $910,000 | 10/31/25 | 4 | 3.5 | 2,729 | |
0.14 | Single-Family Home | $1,200,000 | 07/31/25 | 4 | 3.5 | 2,947 | |
0.20 | Single-Family Home | $1,225,000 | 10/08/25 | 4 | 3.5 | 2,951 | |
0.15 | Single-Family Home | $750,000 | 09/15/25 | 4 | 3 | 2,916 | |
0.08 | Single-Family Home | $700,000 | 03/30/26 | 4 | 3 | 2,440 | |
0.42 | Single-Family Home | $1,210,000 | 05/04/26 | 5 | 3.5 | 3,000 | |
0.29 | Single-Family Home | $855,000 | 06/10/26 | 4 | 3.5 | 2,600 | |
0.38 | Single-Family Home | $1,249,450 | 10/03/25 | 4 | 3.5 | 3,998 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4036 E Ocean View Avenue.
What Locals Say about East Ocean View
At least 101 Trulia users voted on each feature.
96 % Say it's dog friendly
88 % Say car is needed
76 % Say it's walkable to restaurants
75 % Say yards are well-kept
74 % Say there's holiday spirit
74 % Say parking is easy
71 % Say kids play outside
66 % Say there are sidewalks
62 % Say streets are well-lit
60 % Say it's quiet
59 % Say people would walk alone at night
56 % Say neighbors are friendly
51 % Say they plan to stay for at least 5 years
42 % Say it's walkable to grocery stores
41 % Say there are community events
33 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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