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NorfolkLAMBERTS POINT1437 W 40th St✓ Source: REIN MLS #10633921 · record updated Jun 11, 2026 · synced every 2 min · your inquiry is never resold
1437 W 40th ST, NORFOLK VA 23508 - Main photo
1437 W 40th ST, NORFOLK VA 23508 - Photo 2
1437 W 40th ST, NORFOLK VA 23508 - Photo 3
1437 W 40th ST, NORFOLK VA 23508 - Photo 4
1437 W 40th ST, NORFOLK VA 23508 - Photo 5
$415,000
$148 / sqft · est. $2,703/mo →
4beds
2.1baths
2,800sqft
34days on market

1437 W 40th St, Norfolk, VA 23508

ActiveResidential · built 2008 · LAMBERTS POINT

About this home

The listing, in the seller's words

Two story transitional home offering first floor open floor plan. Living, dining area plus family room & open kitchen w/ center island. Second floor has large primary suite w/ jetted tub, separate shower & walk in closet. 3 additional bedrooms & shared bath. Laundry closet is on the 2nd floor. Relax on the front porch or private back deck in large private fenced yard. New HVAC installed April 2026. Conveniently located to ODU, EVMS, NSU, TCC and Navy Base not to mention The NEON district.

Listing courtesy of Patricia Zuraw · Howard Hanna Real Estate Svcs. · REIN MLS #10633921

VaHome team overview

Our read on this home

At a glance

Meet 1437 W 40th Street — a 4-bedroom, 2.1-bath home in Norfolk's Lambert's Point neighborhood, offering 2,800 square feet of space built in 2008. You're minutes from two military installations, steps from a park, and surrounded by the energy of a walkable, established community.

Read the full overview ↓

Why this home stands out

Built in 2008, this 2,800-square-foot home brings newer construction to one of Norfolk's most storied neighborhoods. Four bedrooms and two and a half baths give you room to spread out, and the Lambert's Point location puts you within a short walk of green space and everyday conveniences. It's a rare combination of size, era, and address that's genuinely hard to replicate in this part of the city.

LAMBERTS POINT and the Norfolk real estate market

Lambert's Point sits in the northwest corner of Norfolk, Virginia — a compact, walkable neighborhood with deep roots and a genuinely mixed character. Tree-lined streets meet the waterfront edge of the Lafayette River, and the presence of Old Dominion University nearby gives the area a steady undercurrent of activity and community investment. If you're browsing norfolk virginia homes for sale and want a neighborhood that feels lived-in and real rather than cookie-cutter, Lambert's Point tends to stand out. The streets here have personality — a mix of architectural eras, neighbors who know each other, and enough local spots within walking distance to make daily life genuinely convenient. Norfolk as a city is one of the most historically layered in the mid-Atlantic, and Lambert's Point reflects that: it's urban without being overwhelming, close to everything without feeling crowded. The neighborhood borders Ghent to the east and gives you quick access to both downtown Norfolk and the Hampton Roads waterfront.

What's nearby

Daily life is easy at 1437 W 40th Street. Serina Cafe is just 0.3 miles away for a quick bite, and FR8 House Coffee Co., Dunkin', and McDonald's are all within 0.4 miles when you need your morning routine sorted. Pizza Hut Express and Taco Bell are close for low-effort evenings. Groceries are covered by Miller's Neighborhood Market and Food Lion, both under a mile. For fitness, the ODU Student Recreation & Well-Being Center, StretchLab, and Club Pilates are all within half a mile. Best of all, 37th Street Park is just 0.1 miles away, and Lambert's Point Open Space and ODU Kaufman Mall are both reachable in a short walk.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is roughly a 5-minute drive from 1437 W 40th Street, and USCG Base Portsmouth is about 7 minutes out. That kind of proximity matters when you're managing duty schedules, and it makes VA loan math work well here. BAH rates for the Hampton Roads area are strong, and 2,800 square feet gives a military family real room to settle in between deployments and PCS cycles.

For families upgrading

Four bedrooms and 2,800 square feet give a growing family genuine breathing room — enough for dedicated home office space, a guest room, or a playroom without anyone feeling squeezed. The 2008 build year means you're getting modern systems and layouts rather than the quirks of an older renovation. Add 37th Street Park at 0.1 miles and Lambert's Point Open Space nearby, and weekends take care of themselves.

More buyer questions

How far is 1437 W 40th Street from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately a 5-minute drive from 1437 W 40th Street, making it one of the most convenient addresses in Norfolk for personnel assigned there.

What neighborhood is 1437 W 40th Street in?

The home is located in Lambert's Point, a walkable, established neighborhood in northwest Norfolk with proximity to Old Dominion University, the Lafayette River waterfront, and the Ghent district.

How far is 1437 W 40th Street from USCG Base Portsmouth?

USCG Base Portsmouth is roughly a 7-minute drive from this address, making it a practical option for Coast Guard personnel looking for a short commute.

Is 1437 W 40th Street in a flood zone?

Flood zone information for this address is available in the FloodRisk tile on this page, which reflects the most current FEMA map data for the Lambert's Point area.

What parks are near 1437 W 40th Street?

37th Street Park is just 0.1 miles away, Lambert's Point Open Space is about 0.4 miles out, and ODU Kaufman Mall — a popular green space on the Old Dominion University campus — is within half a mile.

Ready to get a closer look at 1437 W 40th Street? Tom and Dariya Milan know Lambert's Point well — reach out and they'll walk you through everything.

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

2008

Price / sqft

$148

HOA

None

Taxes

$5,139/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10633921

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,800
Stories
2
Flooring
Carpet, Concrete, Laminate/LVP
Ensuite bedrooms
1
Total rooms
8
Other rooms
Attic, PBR with Bath, Pantry, Porch, Utility Closet
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan, Gar Door Opener, Jetted Tub, Security Sys

Construction & exterior

Style
Transitional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Privacy,Wood Fence
Waterfront
Not Waterfront

Utilities & systems

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

Lot, parking & ownership

Subdivision
LAMBERTS POINT
Zoning
R-8
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car, 2 Space, Driveway Spc, Street
Possession
SETTLMENT
Disclosures
Disclosure Statement, Owner Agent, Related to Seller

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

16

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

homes 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

$2,703/mo

Principal & interest

$2,153

Property tax

$428

Home insurance

$121

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

102% of $408,300

City assessment record · taxes $5,139/yr

Land share of assessed value

18% — $71,500

Improvements $336,800 · 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

$523,000$798,000

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.

738 Shirley AVE · 1.1 mi · 2,870 sqft$655,000 sold 2026-04
915 Colley AVE #A · 1.2 mi · 2,710 sqft$523,000 sold 2026-07
1305 Armistead Bridge RD · 0.8 mi · 3,181 sqft$798,000 sold 2026-07

Sale & Tax History

List Price

$415,000

Price / Sq Ft

$148

Annual Taxes

$5,139

Monthly Tax

$428

HOA

None

Tax Rate (effective)

1.24%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 8, 2026$415,000
Currently listed$415,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

Asking near assessment

Total Assessed

$408,300

Land

$71,500

Improvement

$336,800

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

34 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 1437 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 1437 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.
Is there a gym near 1437 W 40th St?+
Yes — ODU Student Recreation & Well-Being Center is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 1437 W 40th St?+
37th Street Park is about 0.1 miles away.
Where is the nearest grocery store to 1437 W 40th St?+
Grey Badger Restoration Companies Co. is about 0.6 miles away. The closest dining on record is Serina Cafe (0.3 mi).
Does 1437 W 40th St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1437 W 40th St built?+
It was built in 2008, 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 Patricia Zuraw · Howard Hanna Real Estate Svcs. · REIN MLS #10633921

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.

1437 W 40th St, Norfolk — photo

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

Call or text (757) 777-7577

1437 W 40th St, Norfolk, Virginia 23508 · MLS #10633921 · 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.