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Norfolk › OCEAN VIEW COTTAGE › 1012 Balview Ave✓ Source: REIN MLS #10644199 · record updated Jul 23, 2026 · synced every 2 min · your inquiry is never resold
1012 Balview AVE, NORFOLK VA 23503 - Main photo
1012 Balview AVE, NORFOLK VA 23503 - Photo 2
1012 Balview AVE, NORFOLK VA 23503 - Photo 3
1012 Balview AVE, NORFOLK VA 23503 - Photo 4
1012 Balview AVE, NORFOLK VA 23503 - Photo 5
$525,000
$198 / sqft · est. $3,225/mo →
2,656sqft
8days on market

1012 Balview Ave, Norfolk, VA 23503

ActiveMulti Family Residential · built 1989 · OCEAN VIEW COTTAGE

About this home

The listing, in the seller's words

Huge duplex with 3 bedrooms and 2 baths each in Ocean View! These spacious units are 1,328 square feet each with private back yards, three blocks to the beach! Updated and move in ready!

Listing courtesy of Christy Allen · Real Broker LLC · REIN MLS #10644199

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

1012 Balview Ave is a 2,656-square-foot multi-family property in Norfolk, Virginia, built in 1989 and sitting just steps from the Chesapeake Bay shoreline. Naval Station Norfolk is seven minutes away, making this address a natural fit for the Hampton Roads military community.

Read the full overview ↓

Why this home stands out

What sets 1012 Balview Ave apart is the rare combination of genuine waterfront proximity — Doc's Beach is literally 0.1 miles away — and a multi-family footprint that gives owners flexibility most single-address properties simply can't offer. At 2,656 square feet built in 1989, the structure has the bones of a mature property with room to grow, all inside one of Norfolk's most recognizable coastal corridors.

OCEAN VIEW COTTAGE and the Norfolk real estate market

Balview Ave sits in Norfolk's Ocean View corridor, a stretch of the city that hugs the southern shore of the Chesapeake Bay and has been drawing people to the water for generations. The neighborhood carries a laid-back, salt-air character — wide skies, proximity to the beach, and a mix of long-time residents and newer arrivals who all share one thing: they wanted to be close to the water. Norfolk itself is the urban anchor of Hampton Roads, home to one of the busiest naval installations in the world and a city that has invested heavily in its own revitalization over the past decade. From Balview Ave you get the quieter, residential side of that story — a neighborhood where morning walks to the beach are genuinely part of daily life, not just a weekend treat. The 23503 zip code places you in a part of Norfolk that feels more like a coastal town than a dense city, while still keeping you connected to everything the broader metro offers.

What's nearby

Daily life is easy from Balview Ave. Doc's Beach is a two-minute walk at 0.1 miles, and Community Beach Park and Lake Modoc are both within 0.3 miles for outdoor time. Big Boss Burritos 2 is just 0.2 miles away when you want a quick meal, and Doug's Hot Dogs is 0.7 miles for something more casual. Grocery runs are covered by Harris Teeter at 0.8 miles, with Joan Brant at 0.4 miles and Tienda Latina La Tapatia 3 at 0.7 miles adding variety. The Yoga Space and Ocean View Yoga are both under a mile for fitness. Starbucks is 0.8 miles out when you need a proper coffee run.

For different buyers

For military families relocating

Naval Station Norfolk is seven minutes from 1012 Balview Ave, and MARFORCOM Norfolk is eight. For active-duty households, that kind of commute is genuinely rare — especially paired with a multi-family structure that gives you options as your family's needs change. A VA loan can make the path to ownership here more straightforward than many buyers expect.

For buyers drawn to character

If you're drawn to properties that have a story — a 1989 build in a coastal Norfolk neighborhood, steps from the Chesapeake Bay, with a multi-family layout that breaks from the cookie-cutter — 1012 Balview Ave delivers that. The Ocean View corridor has its own identity, and this address sits right in the middle of it, with the beach at the end of the block and the city at your back.

More buyer questions

How far is 1012 Balview Ave from Naval Station Norfolk?

Naval Station Norfolk is approximately seven minutes by car from 1012 Balview Ave. That's one of the shorter base commutes available in the Norfolk residential market.

Is 1012 Balview Ave close to the beach?

Yes — Doc's Beach is 0.1 miles from the address, essentially a two-minute walk. Community Beach Park is 0.3 miles away as well, so beach access is a genuine daily option rather than a special trip.

What type of property is 1012 Balview Ave?

It's classified as multi-family residential, built in 1989, with a total of 2,656 square feet. Multi-family properties in this zip code are relatively uncommon, which adds to the address's appeal for buyers seeking flexibility.

Does 1012 Balview Ave fall in a flood zone?

Given its location in the Ocean View corridor of Norfolk near the Chesapeake Bay shoreline, flood zone status is worth reviewing carefully. The property's specific designation is available through Norfolk's official flood maps and the FEMA flood map service.

Where is 1012 Balview Ave located within Norfolk?

The address is in the Ocean View area of Norfolk, Virginia 23503 — the northern coastal section of the city that runs along the Chesapeake Bay. It's north of the city's downtown core and well-positioned for access to both Naval Station Norfolk and the waterfront.

Want to know more about 1012 Balview Ave or explore other multi-family properties in Norfolk? Tom and Dariya Milan at LPT Realty are ready to walk you through everything this address has to offer.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1989

Price / sqft

$198

HOA

None

Taxes

$4,175/yr

County

Norfolk VA

MLS #

10644199

Interior

Approx. sqft
2,656

Construction & exterior

Style
Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Composite
Exterior
Vinyl
Fencing
Back Fenced

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
OCEAN VIEW COTTAGE
Zoning
R8
Ownership
Fee Simple
Possession
SETTLE
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.

$395K

Median sale · 12 mo

$260

Sold $/sq ft

26d

Days on market

68

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

Norfolk real estate →

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

$3,225/mo

Principal & interest

$2,724

Property tax

$348

Home insurance

$153

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

155% of $339,500

City assessment record · taxes $4,175/yr

Land share of assessed value

27% — $92,900

Improvements $246,600 · 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.

Price context — similar nearby homes

$365,000 – $530,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

1509 Condor AVE · 1.8 mi · 2,383 sqft$530,000 sold 2026-07
880 Alma DR · 1.8 mi · 2,352 sqft$505,000 sold 2026-01
8017 Bison AVE · 1.9 mi · 2,300 sqft$520,000 sold 2026-06

Sale & Tax History

List Price

$525,000

Price / Sq Ft

$198

Annual Taxes

$4,175

Monthly Tax

$348

HOA

None

Tax Rate (effective)

0.80%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 15, 2026$525,000—
Currently listed—$525,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

55% above assessment

Total Assessed

$339,500

Land

$92,900

Improvement

$246,600

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

8 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 1012 Balview Ave in a good school zone?+
The assigned zones on the listing record are Oceanair Elementary (GreatSchools 3/10), Azalea Gardens Middle, Norview (GreatSchools 4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1012 Balview 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.
Does 1012 Balview Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1012 Balview Ave built?+
It was built in 1989, 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 Christy Allen · Real Broker LLC · REIN MLS #10644199

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.

1012 Balview Ave, Norfolk — photo

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

Call or text (757) 777-7577

1012 Balview Ave, Norfolk, Virginia 23503 · MLS #10644199 · 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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