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NorfolkLAMBERTS POINT1305 W 38th St✓ Source: REIN MLS #10618805 · record updated Mar 26, 2026 · synced every 2 min · your inquiry is never resold
1305 W 38th ST, NORFOLK VA 23508 - Main photo
$345,000
$162 / sqft · est. $2,242/mo →
2,125sqft
33days on market

1305 W 38th St, Norfolk, VA 23508

SoldMulti Family Residential · built 1918 · LAMBERTS POINT

About this home

The listing, in the seller's words

Exceptional investment opportunity! Each of the units have spacious updated kitchens w/granite countertops, and stainless steel appliances. Second level unit is 1bedroom,1 bath, and includes a balcony. First floor unit, features 3 bedrooms, and 3 bathrooms. Ideally situated near Old Dominion University, major interstates, military bases, and a variety of restaurants. Additionally, washer/dryer in units and the storage shed are "as-is". Separately metered. Currently generating a combined rental income of $2900.00. Take advantage of this moment to acquire these outstanding investment units.

Listing courtesy of Angelique Bolton · Renters Warehouse · REIN MLS #10618805

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1918

Price / sqft

$162

HOA

None

Taxes

$4,220/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10618805

Interior

Approx. sqft
2,125

Construction & exterior

Style
Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Fencing
Back Fenced
Waterfront
Not Waterfront

Utilities & systems

Water heater
Gas
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot features
Shed
Subdivision
LAMBERTS POINT
Zoning
R-8
Ownership
Fee Simple
Possession
SETTLEMENT
Miscellaneous
Rehabilitated
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 510104

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

Lamberts Point

Lamberts Point is a waterfront neighborhood in Norfolk, Virginia, situated along the Elizabeth River with views and access to the water.

$312K

Median sale · 12 mo

$191

Sold $/sq ft

33d

Days on market

17

For sale now

$60K

HH income

36.2%

Owner-occupied

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

Explore Lamberts Point
Map of Lamberts Point with neighborhood boundaryNeighborhood

Norfolk homes for sale

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

$2,242/mo

Principal & interest

$1,790

Property tax

$352

Home insurance

$101

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

101% of $343,100

City assessment record · taxes $4,220/yr

Land share of assessed value

21% — $71,500

Improvements $271,600 · 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

$220,000$577,000

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.

1309 W 27th ST · 0.1 mi · 1,750 sqft$370,100 sold 2026-03
624 W 28th ST · 0.8 mi · 2,225 sqft$380,000 sold 2026-03
1419 Armistead Bridge RD · 0.5 mi · 2,400 sqft$577,000 sold 2026-04

Sale & Tax History

List Price

$345,000

Price / Sq Ft

$162

Annual Taxes

$4,220

Monthly Tax

$352

HOA

None

Tax Rate (effective)

1.22%

Sale Timeline (this listing)

EventDatePriceDetail
ListedApr 6, 2026$345,000
SoldMar 26, 2026$345,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near assessment

Total Assessed

$343,100

Land

$71,500

Improvement

$271,600

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:

Norfolk 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 1305 W 38th St in a good school zone?+
The assigned zones on the listing record are Granby Elementary (GreatSchools 5/10), Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1305 W 38th 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 1305 W 38th St?+
Yes — StretchLab is about 0.3 miles away, per the cached nearby-places record for this address.
Are there parks near 1305 W 38th St?+
37th Street Park is about 0.2 miles away.
Where is the nearest grocery store to 1305 W 38th St?+
Grey Badger Restoration Companies Co. is about 0.5 miles away. The closest dining on record is Serina Cafe (0.2 mi).
Does 1305 W 38th St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1305 W 38th St built?+
It was built in 1918, 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 Angelique Bolton · Renters Warehouse · REIN MLS #10618805

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

1305 W 38th St, Norfolk — photo

This one's sold — the next one doesn't have to be.

1305 W 38th St, Norfolk, Virginia 23508 · MLS #10618805 · 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.