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Portsmouth › HIGHLAND PARK › 105 Franklin Ave✓ Source: REIN MLS #10651130 · record updated Sep 16, 2026 · synced every 2 min · your inquiry is never resold
105 Franklin AVE, PORTSMOUTH VA 23702 - Main photo
105 Franklin AVE, PORTSMOUTH VA 23702 - Photo 2
105 Franklin AVE, PORTSMOUTH VA 23702 - Photo 3
105 Franklin AVE, PORTSMOUTH VA 23702 - Photo 4
105 Franklin AVE, PORTSMOUTH VA 23702 - Photo 5
3beds
2.1baths
1,435sqft
20days on market

105 Franklin Ave, Portsmouth, VA 23702

Under ContractResidential · built 2026 · HIGHLAND PARK

Facts & features

Type

Residential

Year built

2026

Price / sqft

$240

HOA

None

Taxes

$595/yr

County

Portsmouth VA

MLS #

10651130

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,435
Stories
2
Flooring
Carpet, Laminate/LVP
Total rooms
6
Other rooms
PBR with Bath, Utility Closet
Appliances
Dishwasher, Dryer Hookup, Range, Washer Hookup

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Shingle
Pool
No Pool

Utilities & systems

Heating
Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
HIGHLAND PARK
Zoning
UR
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement

See more Portsmouth new construction homes.

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

About this home

This stunning new construction home features modern finishes and a thoughtfully designed layout. A spacious one-car attached garage complements the open-concept living area and stylish kitchen with stainless steel appliances and granite countertops. LVP flooring enhances the main level, while comfortable carpeting upstairs adds warmth. The primary suite offers a private ensuite bathroom and a large walk-in closet. Enjoy outdoor living on the rear patio, great for relaxing or entertaining.

Listing courtesy of Kevan Foote · Iron Valley Real Est Norfolk · REIN MLS #10651130

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

Built in 2026, this 3-bed, 2.1-bath home at 105 Franklin Ave puts you four minutes from Norfolk Naval Shipyard in one of Portsmouth's most accessible zip codes. Fresh construction, a practical layout, and unbeatable proximity to two major bases make this address genuinely hard to beat.

Keep searching in Portsmouth

See all Portsmouth homes for sale, including homes for sale in 23702, homes for sale zoned for Norcom High School, and homes for sale zoned for Victory Elementary School. Browse every listing among homes for sale in Portsmouth — updated from the REIN MLS every few minutes. Nearby, look at Brighton homes for sale, Portsmouth waterfront homes for sale, Portsmouth condos and townhomes for sale, and new construction homes in Portsmouth.

Read the full overview ↓

Why this home stands out

New construction in an established Portsmouth neighborhood is a rare find, and 105 Franklin Ave delivers exactly that — 1,435 square feet of thoughtfully designed living space built from the ground up in 2026. You get the character of a real neighborhood street without the maintenance surprises that come with older homes. Two full baths plus a half bath handle busy mornings with ease, and the location puts both Norfolk Naval Shipyard and USCG Base Portsmouth within a five-minute drive.

HIGHLAND PARK and the Portsmouth real estate market

Portsmouth sits on the western bank of the Elizabeth River, directly across from downtown Norfolk, and it carries a distinctly working-waterfront personality that newer suburbs simply can't replicate. The streets around Franklin Ave reflect that character — mature trees, modest lot sizes, and neighbors who tend to put down roots. The Truxtun Historic District is just 0.4 miles away, lending the surrounding blocks an architectural texture you notice on an afternoon walk. Portsmouth is one of the few Hampton Roads cities where you can live close to two significant military installations without paying the premium that Virginia Beach or Chesapeake often demand. For families comparing homes for sale in Portsmouth, the 23702 zip code sits in a sweet spot: urban convenience, genuine community feel, and commute times that make weekday mornings far less stressful than they'd be from farther out.

What's nearby

Daily life is easy here. A 7-Eleven is just 0.2 miles away for a quick coffee run, and Dunkin' is under a mile when you want something more. New York Pizza & Deli and Hay Hing Chinese are both within 0.3 miles for weeknight dinners. Dollar General covers household staples at 0.5 miles. For fresh air, Highland Biltmore Park is a two-minute walk at 0.2 miles, and the GreenwoodSniffSpot dog park sits 0.4 miles out — a genuine perk if you have a four-legged family member. The Truxtun Historic District, also 0.4 miles away, is worth exploring on foot.

For different buyers

For military families relocating

Four minutes to Norfolk Naval Shipyard and five minutes to USCG Base Portsmouth — the commute math here is hard to argue with. A VA loan pairs naturally with a 2026-built home, meaning you step into a property with no deferred maintenance and full warranty coverage. Whether you're PCSing in or planning ahead for the next set of orders, 105 Franklin Ave keeps your options open.

For first-time buyers

Buying your first home is easier when the property itself isn't a project. Built in 2026, 105 Franklin Ave gives you modern systems, current building codes, and three bedrooms without the repair list that older homes often carry. Families exploring homes for sale in 23702 will find this address checks a lot of boxes: new construction, proximity to bases, and everyday conveniences within walking distance.

More buyer questions

How far is 105 Franklin Ave from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately 4 minutes by car from 105 Franklin Ave — one of the shortest base commutes you'll find among Portsmouth homes for sale at this price point. USCG Base Portsmouth is just one minute farther at roughly 5 minutes.

What school zone does 105 Franklin Ave fall in?

Families comparing homes for sale zoned for Norcom High School and homes for sale zoned for Victory Elementary School will want to verify current Portsmouth Public Schools zoning directly with the district, as boundaries can change between listing cycles.

Is 105 Franklin Ave in a flood zone?

Flood zone status for this address is displayed in the FloodRisk tile on this page — check there for the most current FEMA designation and any relevant insurance considerations.

What year was 105 Franklin Ave built?

The home was built in 2026, making it new construction — you get current building standards, modern systems, and no inherited maintenance backlog.

Does 105 Franklin Ave have an HOA?

HOA status for this property can be confirmed through the current listing documents or by contacting the listing agent directly — it is not a detail that remains static across sale cycles.

Curious about 105 Franklin Ave or other homes for sale in Portsmouth? Tom and Dariya Milan at LPT Realty know this market well — reach out and let's talk through your options.

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

Homes like this one sell fast — see the next one first

Portsmouth$290K – $400K3+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515529

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhood

Brighton

Brighton is a residential neighborhood in Portsmouth, Virginia, characterized by tree-lined streets and a mix of housing styles that reflect its established community roots.

$285K

Median sale · 12 mo

$180

Sold $/sq ft

22d

Days on market

22

For sale now

$46K

HH income

55.2%

Owner-occupied

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

Explore Brighton →
Map of Brighton with neighborhood boundaryNeighborhood

houses for sale in Portsmouth →

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

$1,940/mo

Principal & interest

$1,790

Property tax

$50

Home insurance

$101

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

184% of $187,460

City assessment record · taxes $595/yr

Land share of assessed value

38% — $70,500

Improvements $116,960 · assessor record ✓

Price context — similar nearby homes

$242,500 – $325,000

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.

28 Woodland ST · 1.1 mi · 1,305 sqft$285,000 sold 2026-06
169 Allard RD · 1.6 mi · 1,440 sqft$276,000 sold 2026-03
2924 Smithfield RD · 1.3 mi · 1,565 sqft$325,000 sold 2026-04

Own a home nearby? See what it is worth today — What's your Portsmouth home worth?

Sale & Tax History

List Price

$345,000

Price / Sq Ft

$240

Annual Taxes

$595

Monthly Tax

$50

HOA

None

Tax Rate (effective)

0.17%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 27, 2026$345,000—
Currently listed—$345,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

84% above assessment

Total Assessed

$187,460

Land

$70,500

Improvement

$116,960

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:

Portsmouth 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.

Questions buyers ask

Is 105 Franklin Ave in a good school zone?+
The assigned zones on the listing record are Victory Elementary (VaHome School Score 3.7/10), Cradock Middle (VaHome School Score 1.4/10), IC Norcom. School attendance zones can change — always confirm enrollment with the local school division.
Is 105 Franklin 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 105 Franklin Ave?+
Yes — Callaghan Gym and Fitness Center is about 0.9 miles away, per the cached nearby-places record for this address.
Are there parks near 105 Franklin Ave?+
Highland Biltmore Park is about 0.2 miles away.
Where is the nearest grocery store to 105 Franklin Ave?+
Dollar General is about 0.3 miles away. The closest dining on record is 7-Eleven (0.1 mi).
Does 105 Franklin Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 105 Franklin Ave built?+
It was built in 2026, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Kevan Foote · Iron Valley Real Est Norfolk · REIN MLS #10651130

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.

105 Franklin Ave, Portsmouth — photo

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

Call or text (757) 777-7577

105 Franklin Ave, Portsmouth, Virginia 23702 · MLS #10651130 · 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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