NorfolkLAMBERTS POINT1359 W 40th St✓ Source: REIN MLS #10642019 · record updated Jul 1, 2026 · 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 →
3beds
3baths
1,668sqft
0days on market

1359 W 40th St, Norfolk, VA 23508

New ListingResidential · 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

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

Sources: REIN MLS record · null fields are suppressed, never faked

Flood & environment

The flood answer first — quantified, not buried

Flood Risk

Looking up FEMA flood zone…

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.

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 2, 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.

Market tempo

0 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

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.
Does 1359 W 40th St have an HOA?+
No — there are no HOA 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.

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.