

15 days on market
$112,000
1625 Elm Ave
Portsmouth, Virginia 23704
MLS# 10628466 · PRENTIS PARK · Portsmouth VA
Updated 16 hours ago · Source: REIN MLS
Est. payment
$9,113/mo
Edit below
Price / sq ft
$34
3,312 sq ft
Days on market
15
HOA
None
Year built
1931
95 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
3,312
Garage
No
About this home
1625 Elm Ave – Unique Mixed-Use Investment Opportunity in Portsmouth, VAThis versatile property offers the perfect blend of residential and commercial use. The ground floor retail/church space provides immediate income potential or a prime opportunity for community use, retail, or conversion.Upstairs, you'll find a spacious 5-bedroom, 2-bath residential unit with strong rental potential. According to the City, there'…
Listed by Willard Maxwell · Maxwell Realty LLC
Location & Neighborhood
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Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
3,312
Stories
2
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$112,000
Price / Sq Ft
$34
Annual Taxes
$101,990
Monthly Tax
$8,499
HOA
None
Tax Rate (effective)
91.06%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 14, 2026 | $112,000 | — |
| Currently listed | — | $112,000 | — |
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 hourly 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
$9,113/moPrincipal & interest
$581
Property tax
$8,499
Home insurance
$33
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 Maxwell Realty LLC · MLS# 10628466
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$112,000
1625 Elm AVE, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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