67 days on market
$315,000
123 College Pl #1402
Norfolk, Virginia 23510
MLS# 10625098 · DOWNTOWN AREA · Norfolk VA
Updated May 17, 2026 · Source: REIN MLS
Est. payment
$2,125/mo
Edit below
Price / sq ft
$243
1,297 sq ft
Days on market
67
HOA
None
Year built
2007
19 yrs old
Beds
1
Full Baths
1
Half Baths
1
Sq Ft
1,297
Garage
Yes
Schools
- ElementaryTidewater Park Elementary School—
- MiddleBlair Middle School4/10
- —
Info provided by GreatSchools
About this home
Spacious 1 bedroom, 1.5 bath condo with city views in the heart of Downtown Norfolk. This well designed unit features an open living and dining area, large windows that fill the space with natural light, and a functional kitchen with ample cabinet space. The generous primary bedroom offers an en suite bath, plus an additional half bath for guests. Enjoy low maintenance urban living with easy access to restaurants, sh…
Listed by Joshua Alvelo · World Class Realty & Prop Mgmt
VaHome Team property overview
Meet 123 College Place #1402 — a 14th-floor, 1-bed, 1.1-bath condo in the heart of downtown Norfolk. At 1,297 square feet, it delivers genuine urban living with walkable access to food, fitness, and green space, all within two minutes of two major military installations.
Read full property overview ↓Show less ↑
Why this home stands out
What sets unit 1402 apart is the combination of generous square footage and an address that puts you at the center of everything. Most one-bedroom condos in urban cores feel compact; this one gives you 1,297 square feet to work with. Built in 2007, the building brings a modern bones to a neighborhood that has been reinventing itself for decades, and the 14th-floor elevation adds a perspective on downtown Norfolk that ground-level living simply can't match.
DOWNTOWN AREA and the Norfolk real estate market
The Downtown Area of Norfolk is one of the most walkable urban neighborhoods on the entire Hampton Roads peninsula. Whether you're drawn here because you want to buy a house norfolk style — meaning city energy, short commutes, and a front-row seat to the region's cultural life — or because your orders put Naval Medical Center Portsmouth or USCG Base Portsmouth two minutes from your door, this address delivers on both counts. Granby Street runs through the neighborhood's spine, lined with independent restaurants, galleries, and coffee shops. MacArthur Center anchors the retail corridor nearby. The Elizabeth River waterfront is a short stroll away, and the city's performing arts venues, the Chrysler Museum of Art, and Nauticus are all within easy reach on foot or by bike. Norfolk is an independent city in Virginia — it sits within its own jurisdiction, separate from surrounding counties, which is worth knowing as you navigate local services and tax structures.
What's nearby
Daily life is genuinely easy at 123 College Place. Macarthur General Store and Mercato Di Grazia are both at your doorstep for quick grocery runs, with Amale Tre Focacceria & Italian Deli just two blocks away when you want something more curated. Ya Ya Asian Gourmet House and Bonchon Norfolk handle dinner without a drive, and Tropical Smoothie Cafe covers both breakfast and a midday pick-me-up. For coffee with a slower pace, aLatte Cafe is a one-minute walk. Jim White Fitness & Nutrition Studios and Gym Downtown mean you never need to factor commute time into a workout. College Plaza, the Reading Garden, and Granby Street Public Parklet give you outdoor breathing room steps from your front door.
For different buyers
For military families relocating
Naval Medical Center Portsmouth and USCG Base Portsmouth are each about two minutes from this address — a commute that's genuinely rare to find. If you're weighing how far your BAH stretches in Hampton Roads, a downtown Norfolk condo at this location puts you as close to the gate as you can get without living on base. VA loan eligibility makes the math worth running seriously.
For first-time buyers
If you've been circling the idea of owning in a walkable urban neighborhood, unit 1402 is a strong starting point. You get over 1,200 square feet — more breathing room than most first condos offer — in a building with modern construction and a location where your car stays parked most days. The downtown Norfolk lifestyle is built into the address itself, not something you have to drive to find.
Frequently asked questions
How far is 123 College Place #1402 from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is approximately two minutes from 123 College Place by car, making this one of the closest off-base residential addresses to that installation in the Hampton Roads area.
What floor is unit 1402 in the building?
Unit 1402 is on the 14th floor, which places it well above street level and provides elevated views over the downtown Norfolk skyline and surrounding urban landscape.
Is 123 College Place #1402 in an HOA?
Yes, as a condominium unit the property is governed by a homeowners association; prospective buyers should request the current HOA documents to review rules, reserves, and any applicable fees.
What county is Norfolk, VA in?
Norfolk is an independent city in Virginia, meaning it is not part of any surrounding county — it operates as its own separate jurisdiction for taxes, services, and governance.
Does 123 College Place #1402 fall in a flood zone?
Flood zone designation for this property is displayed in the FloodRisk tile on this page; given the downtown Norfolk location near the Elizabeth River, reviewing that information before making decisions is worthwhile.
Want to see unit 1402 in person or talk through the downtown Norfolk market? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out to set up a visit.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
1
Full Baths
1
Half Baths
1
Approx Sq Ft
1,297
Stories
1
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Gas Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$315,000
Price / Sq Ft
$243
Annual Taxes
$4,783
Monthly Tax
$399
HOA
None
Tax Rate (effective)
1.52%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 13, 2026 | $315,000 | — |
| Currently listed | — | $315,000 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$1,152,000
Land
$506,300
Improvement
$645,700
Parcel ID: 1427962454 · 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
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
$2,125/moPrincipal & interest
$1,634
Property tax
$399
Home insurance
$92
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 World Class Realty & Prop Mgmt · MLS# 10625098
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$315,000
123 College PL #1402, NORFOLK VA 23510
Norfolk, Virginia 23510
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