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✓ Source: REIN MLS #10618805 · record updated Mar 26, 2026 · synced every 2 min · your inquiry is never resold
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$345,000
2,125sqft
$162per sqft
33days on market

1305 W 38th St, Norfolk, VA 23508

SoldMulti Family Residential · built 1918 · LAMBERTS POINT · MLS #10618805

Price per sqft$162compare with nearby salesSchools
MauryHigh3.4
BlairMiddle2.8
GranbyElementary1.3
VaHome School ScoreFlood
Low / moderate riskZone X
flood insurance not requiredHOANoneno HOA fee on the MLS recordSold for$345,000closed Mar 26, 2026Taxes$4,220/yrasking is 101% of assessmentCondo feeNAnot a condo

OverviewAbout this home

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

Facts & features

TypeMulti Family Residential
Year built1918
Price / sqft$162
HOANone
Taxes$4,220/yr
CountyNorfolk VA
MLS #10618805

Interior

Approx. sqft
2,125

Construction & exterior

Style
Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Fencing
Back Fenced

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

Keep searching in Norfolk

See all Norfolk homes for sale, including homes for sale in 23508, homes for sale zoned for Maury High School, and homes for sale zoned for Granby Elementary School. Nearby, look at Lamberts Point homes for sale, Norfolk waterfront homes for sale, Norfolk condos and townhomes for sale, and new construction homes in Norfolk.

Schools · VaHome School ScoreAssigned schools

Our own 1–10 rating, scored from Virginia Department of Education data.

HighMaury High School
3.4/10
Down 0.4 from 2024–25
MiddleBlair Middle School
2.8/10
Down 0.7 from 2024–25
ElementaryGranby Elementary School
1.3/10
Down 0.9 from 2024–25

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.

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each.

Also nearby

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Homes like this one sell fast — see the next one first

Norfolk$290K – $400K

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Military Commute

Drive times to nearest bases

NMCP

Navy

16min·6.6mi

USCG Portsmouth

Coast Guard

21min·5.5mi

NNSY

Navy

18min·7.6mi

MARFORCOM

Marines

19min·5.7mi

NS Norfolk

Navy

18min·6.5mi

Typical drive times from Google Maps, without live traffic. Rush hour and tunnel backups can add time.

Flood & environmentFlood risk (FEMA)

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510104

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn’t define a BFE here.

Property elevation

10.8 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA’s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service — actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone B

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

Explore this neighborhoodLamberts Point

Lamberts Point is a neighborhood on the water in Norfolk, Virginia. It sits along the Elizabeth River, with water views and water access. The homes range from settled properties to newer developments.

$300KMedian sale · 12 mo
$199Sold $/sq ft
38dDays on market
4For sale now
$60KHH 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 →

CostPayment calculator

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/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 & historyComparables

Asking vs. assessment101% of $343,100City assessment record · taxes $4,220/yr
Land share of assessed value21% · $71,500Improvements $271,600 · assessor record ✓
Price context: similar nearby homes$450,000 – $785,000The 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.
809 Botetourt GDNS · 1.5 mi · 2,053 sqft$565,000 sold 2026-05
728 Yarmouth ST · 1.8 mi · 2,200 sqft$470,000 sold 2026-01
338 Fairfax AVE · 1.6 mi · 2,341 sqft$585,000 sold 2026-10

Own a home nearby? See what it is worth today: What's your Norfolk home worth?

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.

CompareThis home next to what else is for sale nearby

HomePriceBedsBathsSqft$ / sqft
1305 W 38th Stthis home$345,000——2,125$162
Loading nearby homes for sale…

Active comparables from the REIN MLS, the same homes shown under Comparable Properties. Context for judging the asking price, not an appraisal.

Questions buyers ask

Is 1305 W 38th St in a good school zone?
The assigned zones on the listing record are Granby Elementary (VaHome School Score 1.3/10), Blair Middle (VaHome School Score 2.8/10), Maury (VaHome School Score 3.4/10). 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.

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

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🏡 Homes for sale in Norfolk

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

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.

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