24 days on market
$240,000
123 Smith Ave
Portsmouth, Virginia 23701
MLS# 10634443 · SIMONSDALE GARDENS · Portsmouth VA
Updated 4 days ago · Source: REIN MLS
Est. payment
$1,489/mo
Edit below
Price / sq ft
$266
903 sq ft
Days on market
24
HOA
None
Year built
1946
80 yrs old
Beds
3
Full Baths
1
Half Baths
0
Sq Ft
903
Garage
No
About this home
Gorgeous Ranch style bungalow with in ground pool. 2021 Mini Split heating/cooling system & water heater just installed Jan 2021. Washer 2021. Bath and kitchen updated recently. In addition to 3 bedrooms, additional room for office or spare room. Large shed in backyard with great storage. Very nice backyard with privacy fence. Located in the rear quiet section of the neighborhood within a short distance of City Vie…
Listed by AJ Suvari · Iron Valley Real Estate Prestige
VaHome Team property overview
123 Smith Ave is a compact 1946 single-family home in Portsmouth, Virginia, offering three bedrooms, one bath, and 903 square feet — all within eight minutes of Naval Medical Center Portsmouth and nine minutes of Norfolk Naval Shipyard.
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Why this home stands out
What sets 123 Smith Ave apart is its unbeatable proximity to two major military installations without the premium price tag that usually comes with it. The 1946 construction gives the home a solid, established character — thick walls, mature lot, and a street that's been part of Portsmouth's fabric for decades. For buyers who want to be close to work and close to the city's everyday conveniences, this address checks both boxes efficiently.
SIMONSDALE GARDENS and the Portsmouth real estate market
123 Smith Ave sits in a residential pocket of Portsmouth, Virginia — a city with deep naval roots, a walkable historic downtown, and a genuine working-class backbone that keeps it grounded. Portsmouth is one of the seven cities of Hampton Roads, and it punches above its weight in terms of access: you're connected to Norfolk, Chesapeake, and Suffolk without the congestion of larger corridors. The streets around Smith Ave are lined with mid-century homes built for the families of shipyard workers and service members, giving the area a lived-in, community-oriented feel. Neighbors tend to stay, yards are kept, and the pace is unhurried. Portsmouth's Olde Towne Historic District is just a short drive away, offering waterfront dining, galleries, and a ferry connection across the Elizabeth River. For daily life, the city delivers solid infrastructure — parks, recreation centers, and grocery options — without the sprawl of newer suburban development.
What's nearby
Daily errands are easy from 123 Smith Ave. Food Lion is half a mile away for your weekly grocery run, and MP International Grocery — just 0.6 miles out — is a great stop for specialty and international ingredients. When you'd rather not cook, Heaven's Kitchen (0.4 mi), Bubba-N-Frank's Portsmouth (0.5 mi), and East Side Pizza (0.5 mi) all sit within a short drive. Portsmouth City Park and the Links at City Park are both 0.5 miles away, giving you green space and a golf course practically at your doorstep. TIGER Academy of Martial Arts (0.7 mi) and Portsmouth Volleyball Center (0.8 mi) round out the active-lifestyle options nearby.
For different buyers
For military families relocating
With Naval Medical Center Portsmouth just eight minutes away and Norfolk Naval Shipyard nine minutes out, 123 Smith Ave is a practical choice for active-duty households. The short commute means more time at home, and buyers using a VA loan will find that a three-bedroom home at this address is a straightforward fit for the benefit. Portsmouth's central position in Hampton Roads also makes it easy to reach other installations across the region.
For first-time buyers
If you're stepping into homeownership for the first time, 123 Smith Ave offers a manageable footprint — 903 square feet, three bedrooms, and a single-family structure with a yard — in a city where your dollar goes further than in many Hampton Roads zip codes. The surrounding neighborhood is stable and established, and the proximity to two military bases means the area carries consistent long-term demand. It's a real home, not a starter compromise.
Frequently asked questions
How far is 123 Smith Ave from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is approximately eight minutes away by car, making this address one of the closer residential options to the base in the city.
How far is 123 Smith Ave from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is about nine minutes by car from 123 Smith Ave — a short, straightforward commute for shipyard personnel and contractors.
What is the flood risk at 123 Smith Ave?
Flood zone information for this address is displayed in the FloodRisk tile on this page — we recommend reviewing it alongside any insurance estimates before making a decision.
Is there a park near 123 Smith Ave?
Yes — Portsmouth City Park and the Links at City Park are both within half a mile, and Portsmouth Volleyball Center is under a mile away, giving you several outdoor and recreational options close to home.
What type of home is 123 Smith Ave and when was it built?
It's a single-family residential home built in 1946, offering 903 square feet across three bedrooms and one bath on a mid-century lot in Portsmouth, Virginia.
Want to see 123 Smith Ave in person or get a closer look at the numbers? Tom and Dariya Milan at LPT Realty are ready to walk you through it — reach out and let's set something up.
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
3
Full Baths
1
Half Baths
0
Approx Sq Ft
903
Stories
1
Fireplaces
0
Flooring
Carpet, Ceramic, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup
Sale & Tax History
List Price
$240,000
Price / Sq Ft
$266
Annual Taxes
$2,087
Monthly Tax
$174
HOA
None
Tax Rate (effective)
0.87%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 12, 2026 | $240,000 | — |
| Currently listed | — | $240,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 21, 2026.
Total Assessed
$168,310
Land
$63,000
Improvement
$105,310
Parcel ID: 04210320
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 Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
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
$1,489/moPrincipal & interest
$1,245
Property tax
$174
Home insurance
$70
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 Iron Valley Real Estate Prestige · MLS# 10634443
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$240,000
123 Smith AVE, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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