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PortsmouthPRENTIS PARK1503 Elm Ave✓ Source: REIN MLS #10643938 · record updated Jul 16, 2026 · synced every 2 min · your inquiry is never resold
1503 Elm AVE, PORTSMOUTH VA 23704 - Main photo
1503 Elm AVE, PORTSMOUTH VA 23704 - Photo 2
1503 Elm AVE, PORTSMOUTH VA 23704 - Photo 3
1503 Elm AVE, PORTSMOUTH VA 23704 - Photo 4
1503 Elm AVE, PORTSMOUTH VA 23704 - Photo 5
$300,000
$88 / sqft · est. $2,045/mo →
3,390sqft
0days on market

1503 Elm Ave, Portsmouth, VA 23704

ActiveMulti Family Residential · built 1900 · PRENTIS PARK

About this home

The listing, in the seller's words

Sought after 4-Bedroom Duplex in the Heart of Portsmouth! Bring your creative vision and turn this home with good bones into a dream investment! Each unit features spacious bedrooms, contemporary paint and flooring. Settled on an oversized corner lot with partial fence and unique unit layouts are sure to attract attention. With separate metering for all utilities, future tenant move in is effortless. Ideally situated near military bases, shipyards, naval hospitals, famous landmarks, shopping, casino and entertainment. Freeways, bridges, and tunnels are easily accessible. Contact your agent today for a showing!

Listing courtesy of Reigne Brown · RE/MAX Ultra · REIN MLS #10643938

VaHome team overview

Our read on this home

At a glance

1503 Elm Avenue is a historic 3,390-square-foot multi-family property in Portsmouth's Prentis Park neighborhood, built in 1900 and sitting just two minutes from both Norfolk Naval Shipyard and USCG Base Portsmouth. It's a rare piece of early-twentieth-century Portsmouth on a walkable, established block.

Read the full overview ↓

Why this home stands out

Properties of this scale and vintage are uncommon in Prentis Park. At 3,390 square feet and over 120 years old, 1503 Elm Avenue carries the kind of architectural character that newer construction simply can't replicate — original-era bones in a neighborhood that has housed Portsmouth's working waterfront community for generations. The two-minute proximity to Norfolk Naval Shipyard makes this address genuinely hard to beat for anyone tied to that installation.

PRENTIS PARK and the Portsmouth real estate market

Prentis Park sits in the heart of Portsmouth, Virginia, one of the seven cities of Hampton Roads and one of the oldest municipalities on the East Coast. The neighborhood has a tight-knit, walkable feel — tree-lined streets, modest front yards, and a mix of early-twentieth-century housing stock that gives the area real visual identity. You're south of the Elizabeth River, close to the working waterfront that has defined Portsmouth's economy and culture for centuries. The broader city offers easy access to the Downtown Portsmouth waterfront, the ferry to Norfolk, and the wider Hampton Roads metro. Portsmouth is also home to a strong military presence, and Prentis Park's location makes it one of the most commute-friendly addresses in the entire region for personnel assigned to the Shipyard. If you value walkability, neighborhood character, and proximity to both urban amenities and major military installations, Prentis Park delivers all three.

What's nearby

Daily errands are genuinely walkable from 1503 Elm Avenue. Martha's Mini Mart is just 0.2 miles away, and a Dollar General is within 0.4 miles for quick household needs. For a sit-down bite, Jaliyah's and Vickie's Convenience & Deli Subs are both 0.2 miles out, with Ten10 Restaurant a short three-block walk at 0.3 miles. Coffee runs are easy too — Cure is 0.4 miles away, and a 7-Eleven is the same distance. Fitness options are strong: the Effingham Street Family YMCA is just 0.2 miles from the front door, with Brikhouse Boxing and Fitness reachable in under a mile. Scotts Creek Park, Columbia Court, and Crawford Park are all within 0.4 miles for outdoor time.

For different buyers

For military families relocating

Norfolk Naval Shipyard is literally two minutes from 1503 Elm Avenue — it's one of the shortest commutes you'll find anywhere in Hampton Roads for Shipyard-assigned personnel. USCG Base Portsmouth is equally close. If you're using a VA loan, a property of this size and this proximity to two installations is worth a serious look.

For buyers drawn to character

If you're drawn to properties with real history, 1503 Elm Avenue was built in 1900 — over 120 years of Portsmouth life have passed through this address. At 3,390 square feet, there's genuine scale here alongside the architectural character of the early twentieth century. Prentis Park is the kind of neighborhood where that history feels lived-in rather than preserved behind glass.

More buyer questions

How far is 1503 Elm Avenue from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately a two-minute drive from 1503 Elm Avenue, making this one of the closest residential addresses to the installation in the Portsmouth area. The short commute is a significant practical advantage for Shipyard personnel.

How far is 1503 Elm Avenue from USCG Base Portsmouth?

USCG Base Portsmouth is also roughly two minutes away by car, putting 1503 Elm Avenue within easy reach of both major installations in the immediate area.

What is the property type at 1503 Elm Avenue?

1503 Elm Avenue is classified as a multi-family residential property, offering 3,390 square feet of space in a building originally constructed in 1900.

Is 1503 Elm Avenue in a flood zone?

Flood zone information for 1503 Elm Avenue is available through the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.

What parks are near 1503 Elm Avenue in Prentis Park?

Scotts Creek Park is just 0.2 miles away, Columbia Court is 0.3 miles out, and Crawford Park is within 0.4 miles — all three are walkable from the front door.

Want to know more about 1503 Elm Avenue or explore other properties in Prentis Park and Portsmouth? Tom and Dariya Milan at LPT Realty are ready to help you take the next step.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1900

Price / sqft

$88

HOA

None

Taxes

$4,805/yr

County

Portsmouth VA

Waterfront

Yes

MLS #

10643938

Interior

Approx. sqft
3,390

Construction & exterior

Style
Over/Under
Subtype
Duplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Brick
Fencing
Partial
Waterfront
Not Waterfront

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Lot features
Corner
Subdivision
PRENTIS PARK
Zoning
URH
Ownership
Fee Simple
Possession
CLOSING
Miscellaneous
Fixer Upper

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

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515529

Flood Risk

Looking up FEMA flood zone…

Explore this neighborhood

Brighton

Brighton is a residential neighborhood in Portsmouth, Virginia, characterized by tree-lined streets and a mix of housing styles that reflect its established community roots.

$280K

Median sale · 12 mo

$181

Sold $/sq ft

22d

Days on market

14

For sale now

$46K

HH income

55.2%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Brighton
Map of Brighton with neighborhood boundaryNeighborhood

Portsmouth homes for sale

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

$2,045/mo

Principal & interest

$1,557

Property tax

$400

Home insurance

$88

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

77% of $387,440

City assessment record · taxes $4,805/yr

Land share of assessed value

13% — $50,000

Improvements $337,440 · 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

$372,000$482,000

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.

361 Dinwiddie ST · 0.9 mi · 3,300 sqft$427,500 sold 2026-04
340 Court ST · 1 mi · 3,456 sqft$482,000 sold 2026-06
329 Dinwiddie ST · 1 mi · 3,509 sqft$380,000 sold 2026-03

Sale & Tax History

List Price

$300,000

Price / Sq Ft

$88

Annual Taxes

$4,805

Monthly Tax

$400

HOA

None

Tax Rate (effective)

1.60%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 16, 2026$300,000
Currently listed$300,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

23% below assessment

Total Assessed

$387,440

Land

$50,000

Improvement

$337,440

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:

Portsmouth 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 1503 Elm Ave in a good school zone?+
The assigned zones on the listing record are Waterview Elementary (GreatSchools 2/10), Other Middle School, Manor High (GreatSchools 2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 1503 Elm Ave 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 1503 Elm Ave?+
Yes — Effingham Street Family YMCA is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 1503 Elm Ave?+
Scotts Creek Park is about 0.2 miles away.
Where is the nearest grocery store to 1503 Elm Ave?+
Martha's Mini Mart is about 0 miles away. The closest dining on record is Jaliyah’s (0 mi).
Does 1503 Elm Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1503 Elm Ave built?+
It was built in 1900, 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 Reigne Brown · RE/MAX Ultra · REIN MLS #10643938

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.

1503 Elm Ave, Portsmouth — photo

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

Call or text (757) 777-7577

1503 Elm Ave, Portsmouth, Virginia 23704 · MLS #10643938 · 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.