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NorfolkLAMBERTS POINT1359 W 40th St✓ Source: REIN MLS #10642019 · record updated Jul 14, 2026 · synced every 2 min · your inquiry is never resold
1359 W 40th ST, NORFOLK VA 23508 - Main photo
1359 W 40th ST, NORFOLK VA 23508 - Photo 2
1359 W 40th ST, NORFOLK VA 23508 - Photo 3
1359 W 40th ST, NORFOLK VA 23508 - Photo 4
1359 W 40th ST, NORFOLK VA 23508 - Photo 5
$280,000
$168 / sqft · est. $1,772/mo →
4beds
3baths
1,668sqft
6days on market

1359 W 40th St, Norfolk, VA 23508

Under ContractResidential · built 1915 · LAMBERTS POINT

About this home

The listing, in the seller's words

Welcome to 1359 W 40th! Conveniently located near the Old Dominion University (ODU) campus, this spacious 4-bedroom, 3-bathroom home, on a corner lot is the ideal student rental. The layout offers the perfect potential for maximum occupancy, higher per room rental rates, and high-yield returns. Whether you're expanding a portfolio or seeking a "parent-owned" student residence, this property offers the perfect blend of space, privacy, and convenience in one of Norfolk's most consistent rental markets.

Listing courtesy of Kristin Wood · EXP Realty LLC · REIN MLS #10642019

VaHome team overview

Our read on this home

At a glance

A 1915-era three-bedroom, three-bath home in Norfolk with 1,668 square feet of character-rich living space, sitting just five minutes from Naval Medical Center Portsmouth and six minutes from USCG Base Portsmouth — a rare combination of historic charm and commute-friendly location.

Read the full overview ↓

Why this home stands out

Homes built in 1915 carry a quality of craftsmanship that newer construction rarely replicates — thick walls, distinct architectural details, and a sense of permanence that feels different the moment you walk in. At 1,668 square feet across three bedrooms and three full baths, 1359 W 40th St gives you room to spread out without sacrificing the intimate scale that makes older Norfolk homes so livable. The triple-bath count is genuinely uncommon for a home this age.

LAMBERTS POINT and the Norfolk real estate market

West 40th Street sits in a mature, tree-lined section of Norfolk where early-twentieth-century homes line up along wide sidewalks and neighbors actually know each other's names. The area has the unhurried feel of an established residential corridor — not a new development, not a transitional block, but a street that has been a real neighborhood for over a century. Norfolk itself is one of the most geographically dynamic cities on the East Coast: water is never far, the arts scene punches above its weight, and the food culture has grown steadily more interesting over the past decade. Living here puts you inside the city's grid in a way that feels connected rather than isolated, with quick access to the main arteries that tie Norfolk together without the noise of being right on them. It's the kind of address that rewards people who appreciate a home with a story.

What's nearby

Daily life is easy here. Ghent — Norfolk's most walkable mixed-use district — is just a short drive west, putting coffee shops, independent restaurants, and weekend farmers market energy within easy reach. The JANAF shopping corridor covers big-box grocery and pharmacy runs efficiently. Larchmont's neighborhood commercial strip adds a more local-scale option for quick errands. For green space, Lafayette Park and the Lafayette River waterfront offer solid outdoor options close by. Interstate 264 and the Midtown Tunnel both connect quickly from this part of the city, making cross-Hampton-Roads trips far less painful than they look on a map.

For different buyers

For military families relocating

Five minutes to Naval Medical Center Portsmouth and six minutes to USCG Base Portsmouth — that commute math is hard to beat in this region. A VA loan can make a home like this even more accessible, and three full baths means the household runs smoothly whether you're managing a family or hosting extended stays during PCS transitions. Norfolk's central location also keeps most other Hampton Roads installations within a reasonable drive.

For buyers drawn to character

If you've been scrolling past builder-grade interiors wondering where the homes with actual bones went, 1359 W 40th St is worth a serious look. Built in 1915, this house has the kind of architectural integrity that comes from a different era of construction — proportions that feel intentional, details that weren't stamped out by a machine, and a presence on the street that newer homes simply can't manufacture.

More buyer questions

How far is 1359 W 40th St from Naval Medical Center Portsmouth?

The drive is approximately five minutes under normal traffic conditions, making this one of the closer residential options to that installation on the Norfolk side of the water.

How far is 1359 W 40th St from USCG Base Portsmouth?

USCG Base Portsmouth is roughly six minutes away by car, a commute that holds up well even during peak morning hours.

What architectural style is 1359 W 40th St?

The home was built in 1915 and reflects the residential construction style common to early-twentieth-century Norfolk — a period characterized by solid craftsmanship, distinct exterior profiles, and interior layouts designed for livability rather than open-plan uniformity.

Is 1359 W 40th St in a flood zone?

Flood zone information for this address is displayed in the FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.

How many bathrooms does 1359 W 40th St have for a home its age?

It has three full baths — a notably high count for a 1915-built home of this square footage, which typically reflects updates or additions made over the decades that meaningfully improve day-to-day functionality.

Tom and Dariya Milan at LPT Realty know this part of Norfolk well. Reach out to get their read on 1359 W 40th St and what it could mean for your next move.

Summary generated by AI from public records and publicly available information.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1915

Price / sqft

$168

HOA

None

Taxes

$2,847/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10642019

Interior

Bedrooms
4
Full baths
3
Approx. sqft
1,668
Stories
2
Flooring
Carpet, Laminate/LVP
Total rooms
6
Other rooms
1st Floor BR
Appliances
Dryer, Elec Range, Refrigerator, Washer

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick,Vinyl
Pool
No Pool
Fencing
Back Fenced
Waterfront
Not Waterfront

Utilities & systems

Heating
Electric
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot size
0.0584
Subdivision
LAMBERTS POINT
Zoning
R-8
Ownership
Fee Simple
Garage
No
Parking
Street
Possession
AT SETTLEMENT

Sources: REIN MLS record · 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

houses for sale in Norfolk

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

$1,772/mo

Principal & interest

$1,453

Property tax

$237

Home insurance

$82

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

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

$185,000$501,000

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.

423 W Princess Anne RD · 1.5 mi · 1,651 sqft$430,000 sold 2026-03
432 Westover AVE · 1.5 mi · 1,700 sqft$489,000 sold 2026-02
1005 Colonial AVE #3 · 1.5 mi · 1,513 sqft$290,000 sold 2026-05

Sale & Tax History

List Price

$280,000

Price / Sq Ft

$168

Annual Taxes

$2,847

Monthly Tax

$237

HOA

None

Tax Rate (effective)

1.02%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 8, 2026$280,000
Currently listed$280,000

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 1359 W 40th St in a good school zone?+
The assigned zones on the listing record are Larchmont Elementary (GreatSchools 7/10), Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1359 W 40th 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.
Does 1359 W 40th St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1359 W 40th St built?+
It was built in 1915, 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 Kristin Wood · EXP Realty LLC · REIN MLS #10642019

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.

1359 W 40th St, Norfolk — photo

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

Call or text (757) 777-7577

1359 W 40th St, Norfolk, Virginia 23508 · MLS #10642019 · 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.