176 days on market
$970,000
1005 Hillside Ave
Norfolk, Virginia 23503
MLS# 10610601 · OCEAN VIEW COTTAGE · Norfolk VA
Updated Apr 3, 2026 · Source: REIN MLS
Est. payment
$5,833/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
176
HOA
None
Year built
1974
52 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryNorview Elementary School4/10
- MiddleNorview Middle School2/10
- 2/10
Info provided by GreatSchools
About this home
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 resid…
Listed by Christian Phillips · Inlet Realty
VaHome Team property overview
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 full property overview ↓Show less ↑
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.
Frequently asked 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.
Location & Neighborhood
Location & Street View
1005 Hillside AVE, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
2
Fireplaces
0
Flooring
Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
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)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Nov 14, 2025 | $970,000 | — |
| Currently listed | — | $970,000 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$504,500
Land
$82,200
Improvement
$422,300
Parcel ID: 1541219803 · View on city GIS portal
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
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
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
$5,833/moPrincipal & 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.
Listed by Inlet Realty · MLS# 10610601
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$970,000
1005 Hillside AVE, NORFOLK VA 23503
Norfolk, Virginia 23503
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