53 days on market
$262,500
256 W Balview Ave
Norfolk, Virginia 23503
MLS# 10620291 · OCEAN VIEW COTTAGE · Norfolk VA
Updated Apr 29, 2026 · Source: REIN MLS
Est. payment
$1,681/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
53
HOA
None
Year built
1927
99 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryOcean View Elementary School4/10
- MiddleNorthside Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Income-producing triplex located on a hill in Balview, offering a great investment opportunity close to beaches, schools, and shopping. This multi-unit property provides strong rental potential in a desirable area with convenient access to everyday amenities. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property offers flexibility and long-term value. Elevated set…
Listed by Ronald Boone · Judy Boone Realty Inc.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
2
Fireplaces
0
Flooring
Carpet
Heating
Basebd,Electric
Cooling
Variable Speed,Whole House Fan,Window/Wall
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$262,500
Price / Sq Ft
$0
Annual Taxes
$2,910
Monthly Tax
$243
HOA
None
Tax Rate (effective)
1.11%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 17, 2026 | $262,500 | — |
| Currently listed | — | $262,500 | — |
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:
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.
About buying in Norfolk
Homes for sale in Norfolk, VA range from historic district townhouses in Ghent (23507) and waterfront condos along the Elizabeth River to ranch-style family homes in Larchmont, Lochaven, and Lafayette-Winona. As the cultural and economic heart of Hampton Roads, Norfolk offers something for nearly every buyer: $200K starter homes in Ocean View (23503, 23518), $400K-$600K Craftsman bungalows in Ghent and West Ghent (23517), executive homes near Old Dominion University (23508), and luxury riverfront properties in Larchmont and Algonquin Park. Norfolk's biggest employer is Naval Station Norfolk — the largest naval base in the world — and the city is also home to Norfolk Naval Shipyard, Eastern Virginia Medical School, Old Dominion University, and Norfolk State University. The active-duty military and academic communities drive steady year-round demand. Public schools include Maury High School in Ghent and Granby High School in Ocean View, and historically strong specialty programs at the Governor's School for the Arts. Buyers searching the 23510 (downtown) and 23508 (West Ghent / ODU corridor) ZIP codes will find the strongest mix of urban walkability and historic architecture; 23503 and 23518 (Ocean View) offer the most affordable waterfront entry points in Hampton Roads. The Norfolk MLS inventory below updates every 5 minutes from the REIN feed.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$1,681/moPrincipal & interest
$1,362
Property tax
$243
Home insurance
$77
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.
Listed by Judy Boone Realty Inc. · MLS# 10620291
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$262,500
256 W Balview AVE, NORFOLK VA 23503
Norfolk, Virginia 23503
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