$970,000

1005 Hillside Ave Norfolk, VA 23503

Bay View Neighborhood

Estimated payment $5,615/month

Total Views 3,532
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market. Each unit is on separate utility meters, simplifying management and boosting net income by shifting utility costs to residents. Located in a highly desirable, beachside neighborhood with strong rental demand, this property is ideal for investors seeking stable cash flow, modern finishes, and a prime Norfolk location near sand, surf, and local amenities.

Listing Agent

Ron Wilson

Inlet Realty Listed on: 11/17/2025

Co-Listing Agent

Christian Phillips

Inlet Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,206

Year Built

  • Built in 1974

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Crawl Space

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Norview Elementary School
  • Norview Middle School
  • Norview High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 6 Units
  • Ocean View Cottage Subdivision

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,206

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Apartments 3+
  • Property Type - Cross Property: Apartments 3+
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: -65
  • Neighborhood Name: OCEAN VIEW
  • Estimated Year Built: 1974
  • Address Street Name Website: Hillside
  • Address Website: 1005 Hillside AVE
  • Appliances Dryers: 3
  • Appliances Ranges: 4
  • Appliances Refrigerators: 4
  • Appliances Washers: 3
  • Contingency Exists: Non Contingent
  • Type Of Apartment: Other
  • Units Total Number: 6
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1974

Interior Features

  • Flooring Type: Laminate/LVP
  • Stories Number: 2.0000

Exterior Features

  • Exterior Siding: Brick, Vinyl
  • Foundation Type: Crawl
  • Roof: Asphalt Shingle

Garage/Parking

  • Parking: Lot, Off Street, Street

Utilities

  • Water Heater Type: Electric
  • Cooling: Central Air
  • Heating: Heat Pump W/A
  • Utilities: City Sewer, City Water, Electric

Lot Info

  • Zoning: R-12

Rental Info

  • Furnished YN: No

Tax Info

  • Tax Amount Approx: 6206

MLS Schools

  • Elementary School: Norview Elementary
  • School High School: Norview
  • Middle School: Norview Middle

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 For Sale $970,000 -- --
Source: Real Estate Information Network (REIN)

Source: Real Estate Information Network (REIN)

MLS Number: 10610601

Real Estate Information Network (REIN)
Virginia Norfolk City County Norfolk 23503 Bay View

1005 Hillside Ave, Norfolk, VA

For Sale

MultiFamily

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Nearby Homes
Ron Wilson
Listing Agent
Ron Wilson
Section Image
Inlet Realty
(757) 330-4596