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Portsmouth › HIGHLAND PARK › 105 Franklin Ave✓ Source: REIN MLS #10651130 · record updated Aug 30, 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
$345,000
$240 / sqft · est. $1,940/mo →
3beds
2.1baths
1,435sqft
2days on market

105 Franklin Ave, Portsmouth, VA 23702

New ListingResidential · 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 · 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

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

Built in 2026, 105 Franklin Ave is a fresh three-bedroom, two-and-a-half-bath home in Portsmouth, Virginia — just four minutes from Norfolk Naval Shipyard. At 1,435 square feet, it delivers new construction quality in one of Hampton Roads' most commute-friendly zip codes.

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 city neighborhood is genuinely rare, and 105 Franklin Ave pulls it off. You get the clean slate of a 2026 build — modern systems, fresh finishes, no deferred maintenance surprises — without the long drive that typically comes with new subdivisions. Add a four-minute commute to Norfolk Naval Shipyard and a five-minute run to USCG Base Portsmouth, and the location alone sets this address apart from most Portsmouth homes for sale.

HIGHLAND PARK and the Portsmouth real estate market

Portsmouth is one of Hampton Roads' original port cities, and the area around Franklin Ave carries that lived-in character — mature trees, a mix of architectural eras, and neighbors who have been here long enough to wave from the porch. The 23702 zip code sits in the southern part of the city, close to the waterfront industrial heritage that defines Portsmouth's identity without being far from the everyday conveniences that make life easy. Downtown Portsmouth is a short drive north, where the Olde Towne historic district brings independent restaurants, the Children's Museum of Virginia, and waterfront views of the Elizabeth River. Families comparing homes for sale in Portsmouth often appreciate how quickly you can move through the city — the street grid is logical, traffic is manageable, and multiple bridge-tunnel routes keep Norfolk, Chesapeake, and Suffolk within reach.

What's nearby

Daily life is well-supported from 105 Franklin Ave. Grocery options, pharmacies, and fast-casual dining are all within a short drive along the main corridors. The Elizabeth River Trail system connects walkers and cyclists to waterfront green space without getting in a car. Olde Towne Portsmouth is close enough for a weeknight dinner out, and the High Street Landing ferry terminal puts downtown Norfolk across the water in minutes. For weekend variety, Chesapeake's shopping corridors and Suffolk's open spaces are both an easy 15-to-20-minute drive, making the location genuinely central to the broader Hampton Roads region.

For different buyers

For military families relocating

Four minutes to Norfolk Naval Shipyard and five minutes to USCG Base Portsmouth — it's hard to find a new-construction home that cuts the commute this short. For active-duty households using a VA loan, 105 Franklin Ave pairs a stress-free drive to the gate with a 2026 build that needs nothing before move-in. That combination is rare in any price band across Hampton Roads.

For first-time buyers

If you're weighing homes for sale in 23702, a 2026 build carries a real advantage for first-time buyers: no aging roof, no outdated HVAC, no mystery repairs waiting in the walls. At 1,435 square feet across three bedrooms and two and a half baths, the floor plan is right-sized — enough room to grow without the overhead of a larger home. Portsmouth's central location keeps your commute short and your options open.

More buyer questions

How far is 105 Franklin Ave from Norfolk Naval Shipyard?

The drive is approximately four minutes, making this one of the closest new-construction addresses to the Shipyard's main gate in the current Portsmouth market.

How far is 105 Franklin Ave from USCG Base Portsmouth?

USCG Base Portsmouth is about five minutes away by car — a straight shot that keeps gate-to-door time genuinely short on any shift schedule.

What year was 105 Franklin Ave built?

The home was built in 2026, making it new construction with modern systems, current building codes, and no deferred maintenance to budget for.

Is 105 Franklin Ave in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page, which pulls the current FEMA designation and explains what it means for insurance.

Are there other homes for sale zoned for Norcom High School and homes for sale zoned for Victory Elementary School in this area?

Yes — the listings pages for each zone let you compare every active address in the same attendance boundaries, so you can see how 105 Franklin Ave stacks up against nearby options.

Tom and Dariya Milan at LPT Realty know Portsmouth inside and out. Reach out to get a straight answer on this address, the neighborhood, or anything else on your list.

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

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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

$181

Sold $/sq ft

21d

Days on market

23

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

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

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 28, 2026$345,000—
Currently listed—$345,000—

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.

Market tempo

2 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

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

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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