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Norfolk › OCEAN VIEW COTTAGE › 1005 Hillside Ave✓ Source: REIN MLS #10610601 · record updated Apr 3, 2026 · synced every 2 min · your inquiry is never resold
1005 Hillside AVE, NORFOLK VA 23503 - Main photo
1005 Hillside AVE, NORFOLK VA 23503 - Photo 2
1005 Hillside AVE, NORFOLK VA 23503 - Photo 3
1005 Hillside AVE, NORFOLK VA 23503 - Photo 4
1005 Hillside AVE, NORFOLK VA 23503 - Photo 5
$970,000
176days on market

1005 Hillside Ave, Norfolk, VA 23503

ActiveApartments 3+ · built 1974 · OCEAN VIEW COTTAGE

About this home

The listing, in the seller's words

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 courtesy of Christian Phillips · Inlet Realty · REIN MLS #10610601

VaHome team overview

Our read on this home

At a glance

1005 Hillside Ave is a multi-unit residential property built in 1974 in Norfolk's Ocean View Cottage neighborhood — just seven minutes from Naval Station Norfolk, steps from Lake Modoc, and within easy reach of the Chesapeake Bay shoreline.

Read the full overview ↓

Why this home stands out

What sets 1005 Hillside Ave apart is its rare combination of coastal proximity and base access in a compact, walkable pocket of Norfolk. Lake Modoc is literally across the street, Community Beach Park is under half a mile away, and both Naval Station Norfolk and MARFORCOM Norfolk are reachable in under ten minutes — a pairing that's genuinely hard to find anywhere else in the region.

OCEAN VIEW COTTAGE and the Norfolk real estate market

Ocean View Cottage is one of Norfolk's most low-key, genuinely livable corners — a tight-knit stretch of streets where the bay breeze is real and the pace slows down just enough to feel like a neighborhood rather than a thoroughfare. The area sits in the northern arc of Norfolk, buffered by parks and waterfront access that most of the city can't match at this proximity. If you've been browsing homes for sale in norfolk va and keep circling back to the Ocean View corridor, there's a reason: the lifestyle here is distinct. You're close to the water without paying a waterfront premium, close to the bases without being in the thick of commercial sprawl, and close enough to downtown Norfolk and the broader Hampton Roads metro to stay connected. Ocean View Cottage itself has a mix of older construction and updated properties, giving the block-by-block streetscape a lived-in, authentic character that newer subdivisions rarely replicate.

What's nearby

Daily life is genuinely easy from 1005 Hillside Ave. Lake Modoc sits just 0.1 miles away — a natural anchor for morning walks and afternoon downtime. Big Boss Burritos 2 is right there at 0.1 miles for a quick, satisfying meal, and Cap'n Ron's is only 0.3 miles out when you want something with more of a coastal-casual vibe. Community Beach Park is a four-minute walk at 0.4 miles, with Ocean View Beach Park reachable in under a mile. For fitness, The Yoga Space, Ocean View Yoga, and OV Fit are all within a mile. Grocery runs are covered by Tienda Latina La Tapatia 3 at 0.7 miles, and a Starbucks rounds out the morning routine at 0.9 miles.

For different buyers

For military families relocating

Naval Station Norfolk is seven minutes away, and MARFORCOM Norfolk is eight — making 1005 Hillside Ave one of the more strategically located addresses in the city for active-duty households. BAH rates in this zip code are competitive, and VA loan eligibility makes multi-unit properties like this one worth a close look. The short commute leaves real time for the rest of life.

For first-time buyers

If you're ready to buy a house in norfolk and want a property that offers more than a single-family starter, 1005 Hillside Ave is worth serious attention. A multi-unit building built in 1974 in a walkable, park-adjacent neighborhood gives you flexibility and a foothold in a market where coastal access commands a premium. The location does a lot of the heavy lifting.

More buyer questions

How far is 1005 Hillside Ave from Naval Station Norfolk?

Naval Station Norfolk is approximately seven minutes by car from 1005 Hillside Ave, making it one of the closer residential addresses to the base in this part of Norfolk.

How far is 1005 Hillside Ave from MARFORCOM Norfolk?

MARFORCOM Norfolk is about eight minutes away by car — just slightly farther than Naval Station Norfolk, and easily manageable for daily commutes.

What parks are near 1005 Hillside Ave?

Lake Modoc is 0.1 miles away, Community Beach Park is 0.4 miles, and Ocean View Beach Park is under a mile — giving you three distinct outdoor options within easy walking or biking distance.

Is 1005 Hillside Ave in a flood zone?

Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data specific to this parcel.

What is the Ocean View Cottage neighborhood like?

Ocean View Cottage is a quieter, established section of northern Norfolk with a mix of housing styles, walkable access to bay-area parks, and a neighborhood feel that's distinct from more commercial stretches of the Ocean View corridor.

Curious about 1005 Hillside Ave or other properties in Ocean View Cottage? Tom and Dariya Milan at LPT Realty know this neighborhood well — reach out and let's talk.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Apartments 3+

Year built

1974

HOA

None

Taxes

$6,206/yr

County

Norfolk VA

MLS #

10610601

Interior

Stories
2
Flooring
Laminate/LVP

Construction & exterior

Foundation
Crawl
Construction
Frame
Roof
Asphalt Shingle
Exterior
Brick,Vinyl

Utilities & systems

Heating
Heat Pump W/A
Cooling
Central Air
Water heater
Electric
Utilities available
City Sewer, City Water, Electric

Lot, parking & ownership

Subdivision
OCEAN VIEW COTTAGE
Zoning
R-12
Ownership
Fee Simple
Garage
No
Parking
Lot, Off Street, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone C

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Ocean View

Ocean View is a waterfront neighborhood in Norfolk, Virginia, known for its access to the Chesapeake Bay and maritime character.

$385K

Median sale · 12 mo

$255

Sold $/sq ft

26d

Days on market

79

For sale now

$61K

HH income

36.5%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Ocean View →
Map of Ocean View with neighborhood boundaryNeighborhood

homes for sale in Norfolk →

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$5,833/mo

Principal & interest

$5,033

Property tax

$517

Home insurance

$283

PMI

None

HOA

None

Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Judge value on real ground

Asking vs. assessment

192% of $504,500

City assessment record · taxes $6,206/yr

Land share of assessed value

16% — $82,200

Improvements $422,300 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Sale & Tax History

List Price

$970,000

Price / Sq Ft

$0

Annual Taxes

$6,206

Monthly Tax

$517

HOA

None

Tax Rate (effective)

0.64%

Sale Timeline (this listing)

EventDatePriceDetail
ListedNov 14, 2025$970,000—
Currently listed—$970,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

92% above assessment

Total Assessed

$504,500

Land

$82,200

Improvement

$422,300

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Market tempo

176 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 1005 Hillside Ave in a good school zone?+
The assigned zones on the listing record are Norview Elementary (GreatSchools 4/10), Norview Middle (GreatSchools 4/10), Norview (GreatSchools 4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1005 Hillside Ave in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 1005 Hillside Ave?+
Yes — The Yoga Space is about 0.8 miles away, per the cached nearby-places record for this address.
Are there parks near 1005 Hillside Ave?+
Lake Modoc is about 0.1 miles away.
Where is the nearest grocery store to 1005 Hillside Ave?+
Tienda Latina La Tapatia 3 is about 0.7 miles away. The closest dining on record is BIG BOSS BURRITOS 2 (0.1 mi).
Does 1005 Hillside Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1005 Hillside Ave built?+
It was built in 1974, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Christian Phillips · Inlet Realty · REIN MLS #10610601

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

1005 Hillside Ave, Norfolk — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

1005 Hillside Ave, Norfolk, Virginia 23503 · MLS #10610601 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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