178 days on market
$205,000
15 Cotton Pl
Portsmouth, Virginia 23702
MLS# 10611914 · CRADOCK · Portsmouth VA
Updated May 30, 2026 · Source: REIN MLS
Est. payment
$1,323/mo
Edit below
Price / sq ft
$97
2,110 sq ft
Days on market
178
HOA
None
Year built
1928
98 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
2,110
Garage
N/A
Schools
- ElementaryCradock Elementary School3/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Investor special! This home at 15 Cotton Place offers a rare opportunity to bring your vision to life in a growing area of Portsmouth. With solid bones and a functional layout, this property is perfect for a full renovation or rental investment. Located on a quiet street with easy access to major highways, shipyards, and downtown amenities. Cash or renovation financing only. Sold as-is — no repairs to be made by Sell…
Listed by Chris Hinton · Iron Valley Real Estate Prestige
VaHome Team property overview
15 Cotton Place is a 1928 multi-family property in Portsmouth's historic Cradock neighborhood, just five minutes from Norfolk Naval Shipyard. At 2,110 square feet, it carries nearly a century of character and sits in one of Hampton Roads' most walkable, tightly knit communities.
Read full property overview ↓Show less ↑
Why this home stands out
Built in 1928, this Cradock multi-family property carries the kind of architectural bones that newer construction simply can't replicate — think solid craftsmanship, mature streetscapes, and a neighborhood grid that was designed with real daily life in mind. With 2,110 square feet spread across a multi-family footprint and a location that puts Norfolk Naval Shipyard literally five minutes away, this address checks boxes that are genuinely hard to find together in one place.
CRADOCK and the Portsmouth real estate market
Cradock is one of Portsmouth's most distinctive neighborhoods — and one of the oldest planned communities in the entire United States. Developed in the early 1900s to house shipyard workers, it was designed with wide streets, green commons, and a cohesive architectural identity that still holds today. Walking through Cradock, you notice the consistency: brick and frame homes from the 1920s and 1930s, mature trees lining the sidewalks, and a genuine sense of place that newer subdivisions spend decades trying to manufacture. Portsmouth itself sits at the heart of Hampton Roads, bordered by the Elizabeth River and connected to Norfolk, Chesapeake, and Suffolk by a web of bridges and tunnels. It's a working waterfront city with deep military roots, a growing arts scene in the Olde Towne district, and a cost of living that tends to run more accessible than its neighbors across the river. For anyone tied to the shipyard or the Coast Guard base, living in Cradock means the commute is almost a non-issue — and the neighborhood's walkability means daily errands rarely require getting in the car.
What's nearby
Daily life at 15 Cotton Place is genuinely convenient. Vietnam 81 Restaurant is just a tenth of a mile away for a quick dinner, and The Corner Bar and Lounge is two blocks out. Burger King is around the corner when you need something fast. Dunkin' is 0.3 miles away for your morning routine, with a McDonald's not far behind at half a mile. Groceries are covered by Food Lion at 0.4 miles, plus a Dollar General and a BP station both within 0.3 miles. George Washington Park is a two-minute walk at 0.2 miles, and Afton Park and Afton Square are both within 0.3 miles. Planet Fitness is half a mile away when you're ready to work out.
For different buyers
For military families relocating
Norfolk Naval Shipyard is five minutes from your front door, and USCG Base Portsmouth is six. For military households, that kind of proximity changes the math on daily life — shorter commutes, easier schedule flexibility, and a neighborhood full of people who understand the rhythm of service life. Cradock has been housing shipyard families for over a century, and that history shows in the community's character.
For buyers drawn to character
If you're drawn to properties with real history, 15 Cotton Place delivers. Built in 1928 inside one of the country's original planned communities, this multi-family home carries architectural details and a sense of permanence that modern construction rarely achieves. Cradock's streetscape looks and feels like a neighborhood that was built to last — because it was. Nearly a hundred years later, it still holds together beautifully.
Frequently asked questions
How far is 15 Cotton Place from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately five minutes from 15 Cotton Place by car. For shipyard personnel, this is one of the closest residential locations available in the area.
What is the Cradock neighborhood like in Portsmouth?
Cradock is a historic planned community developed in the early 1900s, featuring consistent early-20th-century architecture, walkable streets, and green commons. It's one of the oldest planned neighborhoods in the United States and retains a strong sense of identity and community character.
Is 15 Cotton Place in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance requirements.
What type of property is 15 Cotton Place?
15 Cotton Place is a multi-family residential property built in 1928, with a total of 2,110 square feet. It sits within the historic Cradock neighborhood of Portsmouth, Virginia.
Does 15 Cotton Place have an HOA?
Cradock does not operate under a standard HOA structure, though the neighborhood does have a civic league that supports community events and neighborhood upkeep. Always confirm current governance details with your agent before closing.
Want to know more about 15 Cotton Place or the Cradock neighborhood? Tom and Dariya Milan at LPT Realty know this corner of Portsmouth well — reach out and let's talk.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
2,110
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$205,000
Price / Sq Ft
$97
Annual Taxes
$2,394
Monthly Tax
$200
HOA
None
Tax Rate (effective)
1.17%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Dec 3, 2025 | $205,000 | — |
| Currently listed | — | $205,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$195,650
Land
$55,330
Improvement
$140,320
Parcel ID: 04090640 · View on city GIS portal
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:
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.
About buying in Portsmouth
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
Military Commute
Drive times to nearest basesDrive 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.
Estimate your monthly payment
$1,323/moPrincipal & interest
$1,064
Property tax
$200
Home insurance
$60
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.
Listed by Iron Valley Real Estate Prestige · MLS# 10611914
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$205,000
15 Cotton PL, PORTSMOUTH VA 23702
Portsmouth, Virginia 23702
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