2057 E Ocean View Ave Norfolk, VA 23503
Bay View NeighborhoodEstimated payment $3,066/month
About This Home
Directly across the street from the Chesapeake Bay! Four-unit multifamily property in Ocean View. Building consists of two 1-bedroom and two 2-bedroom apartments, each with separate electric service. All windows are being replaced. All units are occupied with great rental history, providing immediate rental income. Water, sewer, and trash are included in rent. To be sold as-is. Must be sold together with adjacent quadruplex at 2061 E Ocean View Ave, creating an eight-unit multifamily opportunity. Conveniently located near parks, shopping, dining, and major roadways. This property may qualify for DSCR financing, allowing eligible investors to qualify based on the property's cash flow rather than personal income. Contact the listing agent for details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,728
Year Built
- Built in 1965
Lot Details
- Picket Fence
- Partially Fenced Property
Home Design
- Duplex
- Brick Exterior Construction
- Asphalt Shingled Roof
Interior Spaces
- 3,312 Sq Ft Home
- Crawl Space
Schools
- Bay View Elementary School
- Azalea Gardens Middle School
- Norview High School
Utilities
- Separate Meters
- Separate Water Meter
- Gas Water Heater
Community Details
- Ocean View East Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,728 | $465,700 | $180,000 | $285,700 |
| 2024 | $5,394 | $431,500 | $180,000 | $251,500 |
| 2023 | $5,289 | $423,100 | $180,000 | $243,100 |
| 2022 | $5,253 | $420,200 | $150,100 | $270,100 |
| 2021 | $4,033 | $322,600 | $137,800 | $184,800 |
| 2020 | $3,645 | $291,600 | $110,200 | $181,400 |
| 2019 | $3,518 | $281,400 | $105,000 | $176,400 |
| 2018 | $3,474 | $277,900 | $95,500 | $182,400 |
| 2017 | $3,164 | $275,100 | $95,500 | $179,600 |
| 2016 | $3,064 | $253,700 | $95,500 | $158,200 |
| 2015 | $2,918 | $253,700 | $95,500 | $158,200 |
| 2014 | $2,918 | $253,700 | $95,500 | $158,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Pending | -- | -- | -- |
| 07/14/2026 07/14/26 | Price Changed | $470,000 | -15.9% | $142 / Sq Ft |
| 07/02/2026 07/02/26 | For Sale | $559,000 | -- | $169 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Warranty Deed | $245,000 | Regency Title&Escr Svcs Inc | |
| Warranty Deed | $210,000 | Attorney |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $291,750 | New Conventional | |
| Previous Owner | $183,750 | Commercial | |
| Previous Owner | $157,500 | New Conventional |
About the Listing Agent
I'm an expert real estate agent with Judy Boone Realty Inc. in Norfolk, VA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Lisa's Other Listings
Source: Real Estate Information Network (REIN)
MLS Number: 10642485
APN: 32630400
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Ask me questions while you tour the home.