# 1957 E Ocean View Avenue, Norfolk, VA 23503

> **TL;DR:** single family, $700,000, built 1962. Est. $3,744/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $700,000 |
| Year Built | 1962 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,540 |
| Estimated Insurance | $204 |
| **Total** | **$3,744** |

## Nearby Schools

- **Elementary:** Bay View Elementary
- **Middle:** Azalea Gardens Middle

## Property Highlights

- Built in 1962

## Description

### Agent Description
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.

## Location

- **Address:** 1957 E Ocean View Avenue, Norfolk, VA 23503
- **County:** Norfolk VA
- **Neighborhood:** OCEAN VIEW EAST
- **Coordinates:** 36.937172, -76.220078
- **Google Maps:** https://www.google.com/maps?q=36.937172,-76.220078

## Listing Agent

- **Name:** Katie Howlett
- **Brokerage:** BHHS RW Towne Realty
- **Phone:** (757) 690-0439

## Primary Photo

![1957 E Ocean View Avenue - Primary Photo](http://lh.rdcpix.com/cec697a6379805ae8abe41935c20b085l-f2342888882r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.ai/listing/1957-e-ocean-view-avenue-norfolk-va-23503-10643752)*

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**MLS#:** 10643752 | **Updated:** 2026-08-03
**Source:** listhub

*Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1957-e-ocean-view-avenue-norfolk-va-23503-10643752)

---

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  "name": "1957 E Ocean View Avenue, Norfolk, VA 23503",
  "description": "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 Vie",
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  "datePosted": "2026-07-30",
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