




67 days on market
$495,000
1510 Parker Ave
Portsmouth, Virginia 23704
MLS# 10627931 · PRENTIS PLACE · Portsmouth VA
Updated yesterday · Source: REIN MLS
Est. payment
$3,176/mo
Edit below
Price / sq ft
$143
3,460 sq ft
Days on market
67
HOA
None
Year built
1955
71 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
3,460
Garage
375
Schools
- ElementaryBrighton Elementary School5/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Exceptional investment opportunity in Portsmouth! This updated triplex features a spacious 3-bedroom, 2-bath single-family home alongside a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit perfect for maximizing rental income or flexible living arrangements. Each unit is well-appointed with granite countertops, stainless steel appliances, in-unit laundry, and separate utility meters for ease of management. The pro…
Listed by Kris Weaver · Atlantic Sothebys Int'l Realty
VaHome Team property overview
1510 Parker Avenue is a 3,460-square-foot multi-family property in Portsmouth, Virginia, built in 1955 and sitting just two minutes from Norfolk Naval Shipyard. With multiple units under one roof and walkable daily conveniences, it's a rare find in a well-connected neighborhood.
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Why this home stands out
At 3,460 square feet, 1510 Parker Avenue offers the kind of square footage that's genuinely hard to find in this price tier of Portsmouth. The 1955 construction gives the building a solid mid-century bones — thick walls, established lot, and a footprint that larger modern builds often can't match. Add in the two-minute proximity to Norfolk Naval Shipyard and you have a location that practically defines convenience for anyone tied to the waterfront industrial corridor.
PRENTIS PLACE and the Portsmouth real estate market
Parker Avenue sits in a close-knit section of Portsmouth where the streets are quiet but the city's energy is never far away. This part of Portsmouth has a working-class authenticity that long-time residents take real pride in — neighbors know each other, front porches get used, and the blocks have a lived-in character that newer developments simply can't replicate. Portsmouth itself is one of the seven cities of Hampton Roads, tucked along the Southern Branch of the Elizabeth River directly across from Norfolk. It's a city with genuine history — the Norfolk Naval Shipyard, despite its name, is actually located here in Portsmouth and is the oldest and largest naval shipyard in the United States. That history shapes the neighborhood's identity in a meaningful way. Getting around is easy: Interstate 264 connects you westward, the Downtown Portsmouth waterfront is minutes away, and the Elizabeth River Ferry gives you a scenic shortcut into Norfolk when you want it. Daily life here moves at a comfortable pace without feeling disconnected from everything Hampton Roads has to offer.
What's nearby
Day-to-day errands are genuinely walkable from 1510 Parker Avenue. Martha's Mini Mart is just 0.2 miles away for quick pick-ups, and Dollar General is a half-mile out for household staples. When hunger hits, Jaliyah's is right around the corner at 0.2 miles, while Lil Mammas Soul Kitchen and Vickie's Convenience & Deli Subs are both within a half-mile. Morning coffee runs are covered by the 7-Eleven at 0.5 miles or Cure at 0.8 miles. For fitness, the Effingham Street Family YMCA and Brikhouse Boxing and Fitness are both 0.6 miles away. Scotts Creek Park, Lansing Park, and Turnpike Park are all within a short walk or quick drive for outdoor time.
For different buyers
For military families relocating
Norfolk Naval Shipyard is literally two minutes away, and USCG Base Portsmouth is three. For military families, that kind of proximity changes daily life — shorter commutes mean more time at home, and the VA loan benefit pairs especially well with a multi-family property of this size. Whether you're active duty or a veteran, 1510 Parker Avenue puts you right at the center of Hampton Roads' military corridor.
For buyers drawn to character
If you appreciate a property with real history rather than a cookie-cutter floor plan, 1510 Parker Avenue delivers. Built in 1955, this multi-family building has the kind of structural presence and architectural character that mid-century construction is known for. The neighborhood around it carries that same authenticity — established trees, familiar faces, and streets that have a story to tell. This is Portsmouth at its most genuine.
Frequently asked questions
How far is 1510 Parker Avenue from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a 2-minute drive from 1510 Parker Avenue, making it one of the closest residential addresses to the shipyard's main gate. That proximity is a significant practical advantage for anyone working on the yard.
How far is 1510 Parker Avenue from USCG Base Portsmouth?
USCG Base Portsmouth is about a 3-minute drive from the property, placing it within easy reach for Coast Guard personnel stationed there.
What type of property is 1510 Parker Avenue?
1510 Parker Avenue is classified as a multi-family residential property, offering 3,460 square feet of total building space on a lot in Portsmouth, Virginia, and was originally constructed in 1955.
Is 1510 Parker Avenue in a flood zone?
Portsmouth does have areas with varying flood risk given its position along the Elizabeth River watershed. Check the dedicated Flood Risk tile on this page for the specific flood zone designation assigned to 1510 Parker Avenue.
Where is 1510 Parker Avenue located within Portsmouth?
The property sits on Parker Avenue in a residential section of Portsmouth, Virginia 23704, close to the waterfront industrial corridor and within easy reach of downtown Portsmouth, Interstate 264, and the Elizabeth River Ferry landing.
Want to know more about 1510 Parker Avenue or explore other Portsmouth properties? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out today.
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
3,460
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$495,000
Price / Sq Ft
$143
Annual Taxes
$5,561
Monthly Tax
$463
HOA
None
Tax Rate (effective)
1.12%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 2, 2026 | $495,000 | — |
| Currently listed | — | $495,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 19, 2026.
Total Assessed
$448,470
Land
$81,000
Improvement
$367,470
Parcel ID: 00850320
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
$3,176/moPrincipal & interest
$2,568
Property tax
$463
Home insurance
$144
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 Atlantic Sothebys Int'l Realty · MLS# 10627931
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$495,000
1510 Parker AVE, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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