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Portsmouth › PRENTIS PARK › 1601 Elm Ave✓ Source: REIN MLS #10651878 · record updated Sep 17, 2026 · synced every 2 min · your inquiry is never resold
1601 Elm AVE, PORTSMOUTH VA 23704 - Main photo
1601 Elm AVE, PORTSMOUTH VA 23704 - Photo 2
1601 Elm AVE, PORTSMOUTH VA 23704 - Photo 3
1601 Elm AVE, PORTSMOUTH VA 23704 - Photo 4
1601 Elm AVE, PORTSMOUTH VA 23704 - Photo 5
3,800sqft
14days on market

1601 Elm Ave, Portsmouth, VA 23704

ActiveMulti Family Residential · built 1910 · PRENTIS PARK

Facts & features

Type

Multi Family Residential

Year built

1910

Price / sqft

$158

HOA

None

Taxes

$5,965/yr

County

Portsmouth VA

MLS #

10651878

Interior

Approx. sqft
3,800

Construction & exterior

Style
Over/Under, Side by Side
Subtype
Quadruplex
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Fencing
Back Fenced,Wood Fence

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
PRENTIS PARK
Zoning
URH
Ownership
Fee Simple
Possession
SETTLEMENT
Miscellaneous
Rehabilitated
Disclosures
Disclosure Statement

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

About this home

Fully rented quad offering immediate cash flow with total rental income of $5,550 per month. The property underwent an extensive top-to-bottom rehab approximately 5 years ago, with improvements including stainless steel appliances, granite countertops, new cabinetry, updated flooring, bathtubs, toilets, and more. Rents total $5,625 total monthly and tenants are responsible for paying all utilities. Building sqft per tax records, apt sqft. est

Listing courtesy of Marjorae Suggs · Heavenly Realty · REIN MLS #10651878

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

1601 Elm Avenue is a 3,800-square-foot multi-family home built in 1910, located in Portsmouth just minutes from Norfolk Naval Shipyard and USCG Base Portsmouth. The property sits on a walkable block with quick access to groceries, dining, and fitness options. It's the kind of address that anchors homes for sale in 23704.

Read the full overview ↓

Why this home stands out

Built over a century ago, this multi-family residence carries the solid construction and character of early-1900s Portsmouth architecture. At 3,800 square feet, it offers substantial living space across multiple units, making it a strong option for investors or owner-occupants seeking income potential. The location—just two minutes from two major military installations—means consistent demand and VA loan financing is common here.

PRENTIS PARK and the Portsmouth real estate market

Elm Avenue sits in a working neighborhood where daily life centers on proximity and convenience. You're steps from Scotts Creek Park and Columbia Court, both quick walks for outdoor time. Grocery stops like Martha's Mini Mart and Vickie's Convenience & Deli Subs are within two blocks, and restaurants including Jaliyah's and Ten10 are nearby. The Effingham Street Family YMCA is a short walk, too. Portsmouth itself is a historic waterfront city with deep naval roots, home to shipbuilding heritage and steady military employment. Getting around is straightforward: Norfolk Naval Shipyard sits just two minutes away, and USCG Base Portsmouth is equally close. If you are comparing homes for sale in Portsmouth, note that this zip code offers some of the most direct commutes to the region's largest employers.

What's nearby

Martha's Mini Mart and Vickie's Convenience & Deli Subs are both a fifth of a mile away, covering your everyday grocery and lunch needs. Jaliyah's and Ten10 Restaurant offer dining within walking distance. Cure and 7-Eleven provide coffee options nearby. The Effingham Street Family YMCA is a two-minute walk, with Brikhouse Boxing and Fitness and Movement Studio VA also within reach. Scotts Creek Park and Columbia Court are immediate neighbors for outdoor space.

For different buyers

Base commute and VA loan notes

Two minutes to Norfolk Naval Shipyard and USCG Base Portsmouth means one of the shortest commutes in the region. VA loan financing is standard here, and the multi-family structure offers flexibility for owner-occupant buyers. The established neighborhood and walkable block make settling in straightforward.

Room to grow

The 3,800 square feet of space across multiple units gives you room to expand or generate income. A multi-family layout lets you live in one unit while maintaining the others. Direct access to Scotts Creek Park and the Effingham Street Family YMCA adds outdoor and fitness flexibility. The solid 1910 construction and walkable block create a stable foundation for long-term ownership.

More buyer questions

How far is 1601 Elm Avenue from Norfolk Naval Shipyard?

The property is approximately two minutes away by car, making it one of the closest residential addresses to the shipyard.

What grocery and dining options are nearby?

Martha's Mini Mart, Vickie's Convenience & Deli Subs, Jaliyah's, and Ten10 Restaurant are all within a few blocks, plus 7-Eleven and Dollar General nearby.

Are there parks and fitness options on this block?

Scotts Creek Park and Columbia Court are within walking distance, and the Effingham Street Family YMCA is a two-minute walk away.

Can I find homes for sale in Portsmouth with this kind of proximity to military bases?

Yes—addresses zoned for homes for sale zoned for Norcom High School and homes for sale zoned for Brighton Elementary School in this area offer similar short commutes to the shipyard and base.

Is this a single-family home or multi-family property?

1601 Elm Avenue is a multi-family residential property, built in 1910 and spanning 3,800 square feet across multiple units.

Ready to explore this multi-family investment or owner-occupant opportunity? Contact Tom & Dariya Milan to schedule a tour of 1601 Elm Avenue today.

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

Homes like this one sell fast — see the next one first

Portsmouth$505K – $690K

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

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

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Brighton

Brighton is a neighborhood in Portsmouth, Virginia. It has tree-lined streets and a mix of home styles. They reflect the area's deep local roots.

$283K

Median sale · 12 mo

$178

Sold $/sq ft

22d

Days on market

21

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 houses 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

$3,785/mo

Principal & interest

$3,113

Property tax

$497

Home insurance

$175

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

125% of $481,050

City assessment record · taxes $5,965/yr

Land share of assessed value

7% — $35,970

Improvements $445,080 · assessor record ✓

Price context — similar nearby homes

$380,000 – $565,000

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.

419 Court ST · 1 mi · 3,896 sqft$472,500 sold 2026-07
329 Dinwiddie ST · 1 mi · 3,509 sqft$380,000 sold 2026-03
106 London ST · 1.1 mi · 3,563 sqft$525,000 sold 2026-07

Own a home nearby? See what it is worth today — What's your Portsmouth home worth?

Sale & Tax History

List Price

$599,999

Price / Sq Ft

$158

Annual Taxes

$5,965

Monthly Tax

$497

HOA

None

Tax Rate (effective)

0.99%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 4, 2026$599,999—
Price reducedSep 18, 2026$599,999−$30,001
Currently listed—$599,999—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

25% above assessment

Total Assessed

$481,050

Land

$35,970

Improvement

$445,080

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

14 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

Is 1601 Elm Ave in a good school zone?+
The assigned zones on the listing record are Brighton Elementary (VaHome School Score 3/10), IC Norcom Middle, IC Norcom. School attendance zones can change — always confirm enrollment with the local school division.
Is 1601 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.
Does 1601 Elm Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 1601 Elm Ave built?+
It was built in 1910, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Marjorae Suggs · Heavenly Realty · REIN MLS #10651878

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.

1601 Elm Ave, Portsmouth — photo

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

Call or text (757) 777-7577

1601 Elm Ave, Portsmouth, Virginia 23704 · MLS #10651878 · 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.

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