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PortsmouthPORT NORFOLK121 Broad St✓ Source: REIN MLS #10640811 · record updated Jul 8, 2026 · synced every 2 min · your inquiry is never resold
121 Broad ST, PORTSMOUTH VA 23707 - Main photo
121 Broad ST, PORTSMOUTH VA 23707 - Photo 2
121 Broad ST, PORTSMOUTH VA 23707 - Photo 3
121 Broad ST, PORTSMOUTH VA 23707 - Photo 4
121 Broad ST, PORTSMOUTH VA 23707 - Photo 5
$320,000
$171 / sqft · est. $1,978/mo →
1,872sqft
19days on market

121 Broad St, Portsmouth, VA 23707

Under ContractMulti Family Residential · built 1988 · PORT NORFOLK

About this home

The listing, in the seller's words

Add this to your portfolio! Must have appointment. Both units occupied. Located just a short distance to the water. Culpeppers Boat rentals very close to enjoy a quick fishing trip or grab some steamed crabs!

Listing courtesy of Melinda Baldwin · CENTURY 21 Nachman Realty · REIN MLS #10640811

VaHome team overview

Our read on this home

At a glance

121 Broad Street is a 1,872-square-foot multi-family property in Portsmouth, Virginia, built in 1988. Sitting just four minutes from Naval Medical Center Portsmouth and five minutes from USCG Base Portsmouth, it puts you at the center of one of Hampton Roads' most historically rooted cities.

Read the full overview ↓

Why this home stands out

Multi-family properties this close to two active military installations are genuinely rare. At 121 Broad Street, you get 1,872 square feet of residential space built in 1988 — a solid construction era known for practical layouts and durable bones — in a city that rewards owners who pay attention to its long, layered history. The dual-base proximity is a real structural advantage that doesn't show up at most addresses.

PORT NORFOLK and the Portsmouth real estate market

Portsmouth is one of the oldest cities in Virginia, and the streets around Broad Street carry that history in their architecture, their scale, and their pace. This part of Portsmouth sits in the western corridor of the city, where neighborhoods transition from the dense, walkable grid of Olde Towne toward more residential stretches lined with mature trees and modest working-class blocks that have anchored the city for generations. The 23707 zip code places you squarely within reach of the Elizabeth River waterfront, the ferry terminal, and the kind of everyday urban fabric — corner stores, local diners, neighborhood parks — that newer suburbs can't replicate. Portsmouth as a city has been investing steadily in its downtown core, and the ripple effect of that energy reaches neighborhoods like this one. Daily life here is grounded, connected, and genuinely close to everything that makes Hampton Roads function — both militarily and civically.

What's nearby

Naval Medical Center Portsmouth is roughly four minutes away, and USCG Base Portsmouth is about five — two of the region's most active installations within a single commute window. Beyond the bases, you're a short drive from the Olde Towne Portsmouth historic district, the High Street Landing ferry terminal connecting you to downtown Norfolk, and the Portsmouth City Park. Grocery options, pharmacies, and everyday retail line the corridors along Frederick Boulevard and Victory Boulevard. The broader Hampton Roads highway network — I-264 and the Downtown Tunnel — is accessible quickly, putting Norfolk, Chesapeake, and Suffolk all within practical reach.

For different buyers

For military families relocating

Four minutes to Naval Medical Center Portsmouth and five to USCG Base Portsmouth — that commute math is hard to beat anywhere in Hampton Roads. For military households navigating PCS moves, VA loan eligibility, or simply wanting to minimize drive time to the installation, 121 Broad Street lands in a location that genuinely works. The dual-base proximity gives this address flexibility that single-base neighborhoods can't offer.

For buyers drawn to character

Portsmouth rewards buyers who look past the surface and appreciate what a city has actually built over time. The streets around 121 Broad Street sit within a city that has been continuously inhabited since the colonial era, and that depth shows in the architecture, the street grid, and the community fabric. If you value location with genuine historical texture over a freshly poured cul-de-sac, this part of Portsmouth is worth your serious attention.

More buyer questions

How far is 121 Broad Street from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately four minutes away by car, making this one of the closest residential addresses to the installation in the city. That proximity is a consistent advantage regardless of traffic patterns in the area.

How far is 121 Broad Street from USCG Base Portsmouth?

USCG Base Portsmouth is about five minutes away, placing 121 Broad Street within easy reach of both major nearby installations. Very few addresses in Hampton Roads sit this close to two separate bases simultaneously.

What is the property type at 121 Broad Street?

121 Broad Street is classified as a multi-family residential property, built in 1988, with a total of 1,872 square feet. Multi-family properties in this location are relatively uncommon, which contributes to the address's distinctiveness.

Is 121 Broad Street in a flood zone?

Flood zone information for 121 Broad Street is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the 23707 zip code. Reviewing that tile directly will give you the most accurate and up-to-date designation for this specific parcel.

Where is 121 Broad Street located within Portsmouth?

121 Broad Street sits in the 23707 zip code in Portsmouth, Virginia, in the western residential corridor of the city near the Olde Towne district and the Elizabeth River waterfront. It's well-positioned for access to downtown Portsmouth, the ferry terminal, and the broader Hampton Roads highway network.

Want to know more about 121 Broad Street or explore comparable properties near Naval Medical Center Portsmouth? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.

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

1988

Price / sqft

$171

HOA

None

Taxes

$2,689/yr

County

Portsmouth VA

Waterfront

Yes

MLS #

10640811

Interior

Approx. sqft
1,872

Construction & exterior

Style
Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Composite
Exterior
Vinyl
Waterfront
Not Waterfront

Utilities & systems

Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
PORT NORFOLK
Zoning
HR
Ownership
Fee Simple
Possession
AT CLOSING
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 515529

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Olde Towne Portsmouth neighborhood of Portsmouth. see more Portsmouth homes

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

$1,978/mo

Principal & interest

$1,660

Property tax

$224

Home insurance

$93

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.

Value & history

Judge value on real ground

Asking vs. assessment

148% of $216,830

City assessment record · taxes $2,689/yr

Land share of assessed value

30% — $65,740

Improvements $151,090 · 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

$300,000$360,000

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.

20 Neville ST · 2.5 mi · 1,950 sqft$300,000 sold 2026-06
2711 Magnolia ST · 2.3 mi · 1,739 sqft$315,000 sold 2026-03
1527 Highland AVE · 2.6 mi · 1,840 sqft$340,000 sold 2026-02

Sale & Tax History

List Price

$320,000

Price / Sq Ft

$171

Annual Taxes

$2,689

Monthly Tax

$224

HOA

None

Tax Rate (effective)

0.84%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 19, 2026$320,000
Currently listed$320,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

48% above assessment

Total Assessed

$216,830

Land

$65,740

Improvement

$151,090

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

Real questions, answered from the record

Is 121 Broad St in a good school zone?+
The assigned zones on the listing record are Waterview Elementary (GreatSchools 2/10), Churchland Middle (GreatSchools 5/10), Churchland (GreatSchools 5/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 121 Broad St 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 121 Broad St?+
Yes — DCo is about 0.9 miles away, per the cached nearby-places record for this address.
Are there parks near 121 Broad St?+
Bruce Johnson Memorial Park is about 0.1 miles away.
Where is the nearest grocery store to 121 Broad St?+
Port Norfolk Supermarket is about 0.2 miles away. The closest dining on record is Dria's Kitchen "Box Fired" Pizzeria & Catering (0.3 mi).
Does 121 Broad St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 121 Broad St built?+
It was built in 1988, 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 Melinda Baldwin · CENTURY 21 Nachman Realty · REIN MLS #10640811

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.

121 Broad St, Portsmouth — photo

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

Call or text (757) 777-7577

121 Broad St, Portsmouth, Virginia 23707 · MLS #10640811 · 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.