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PortsmouthCRADOCK23 Farragut St✓ Source: REIN MLS #10635671 · record updated May 28, 2026 · synced every 2 min · your inquiry is never resold
23 Farragut ST, PORTSMOUTH VA 23702 - Main photo
23 Farragut ST, PORTSMOUTH VA 23702 - Photo 2
23 Farragut ST, PORTSMOUTH VA 23702 - Photo 3
23 Farragut ST, PORTSMOUTH VA 23702 - Photo 4
23 Farragut ST, PORTSMOUTH VA 23702 - Photo 5
$525,000
9days on market

23 Farragut St, Portsmouth, VA 23702

Under ContractApartments 3+ · built 1918 · CRADOCK

About this home

The listing, in the seller's words

You will love this updated multi-unit property! All units are currently rented, making it a great income-producing opportunity. Each unit has been updated with newer windows and flooring, and tenants pay their own utilities. All the units have washer and dryer hookups. The property also offers plenty of parking behind the building. Conveniently located near the Naval Hospital, this property provides easy access to major employment centers, shopping, dining, and commuter routes.

Listing courtesy of Lakesha Kirkendall · Desirable Management LLC · REIN MLS #10635671

VaHome team overview

Our read on this home

At a glance

23 Farragut Street is a multi-unit property in Portsmouth, Virginia, built in 1918 and sitting just minutes from Norfolk Naval Shipyard and USCG Base Portsmouth. With parks, eateries, and everyday essentials all within a short walk, this address puts the best of south Portsmouth right at your door.

Read the full overview ↓

Why this home stands out

What sets 23 Farragut Street apart is its rare combination of historic character and unbeatable proximity to two active military installations. A building from 1918 carries the kind of craftsmanship and architectural detail you simply don't find in newer construction, and the location — four minutes to Norfolk Naval Shipyard — is as practical as it gets for anyone with ties to the waterfront bases that define this city.

CRADOCK and the Portsmouth real estate market

Portsmouth is one of Hampton Roads' most storied cities, and the blocks surrounding 23 Farragut Street reflect that history in every detail. This part of south Portsmouth sits close to the working waterfront, where century-old homes line streets named for naval heroes — Farragut among them. The neighborhood has a genuine, lived-in character: front porches, mature trees, and neighbors who have been here for generations. It's not a suburb trying to look historic; it actually is. Portsmouth as a city offers a distinct identity separate from Norfolk across the Elizabeth River, with its own downtown, its own arts scene, and a waterfront that has been undergoing steady revitalization. Commutes here are short by any Hampton Roads standard, and the presence of Norfolk Naval Shipyard anchors the local economy and keeps the community tightly connected to the military families who have called this area home for well over a century. Daily life is easy here, with parks, food, and fitness all within walking distance.

What's nearby

Afton Square is just 0.2 miles away, making a morning walk or an afternoon outside completely effortless. George Washington Park is another short stroll at 0.3 miles, and Afton Park rounds out the green space options at 0.5 miles. For food, Geraldine's Kitchen and Darla's Seafood are both 0.4 miles out — solid local options for a quick meal. Dunkin' and Mariner's Reef Cafe cover your coffee needs within a mile. Callaghan Gym and Fitness Center is 0.8 miles away, with Planet Fitness close behind at 0.9 miles. The Scott Center Annex Commissary is just half a mile from the front door — a significant convenience for military households.

For different buyers

For military families relocating

Four minutes to Norfolk Naval Shipyard and five minutes to USCG Base Portsmouth — the commute math here is hard to argue with. Military households can take full advantage of a VA loan on this property, and the Scott Center Annex Commissary is literally half a mile away. For anyone stationed at either installation, 23 Farragut Street puts you as close to work as you can realistically get.

For buyers drawn to character

If you're drawn to buildings that have a story, 23 Farragut Street — built in 1918 — delivers. The bones of a century-old multi-unit in a neighborhood named for naval history carry a weight and authenticity that no new construction can replicate. This is the kind of address where the architecture itself is part of the appeal, and the surrounding blocks reinforce that sense of place at every turn.

More buyer questions

How far is 23 Farragut Street from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately a 4-minute drive from 23 Farragut Street, making it one of the closest residential addresses to the installation in Portsmouth.

How far is 23 Farragut Street from USCG Base Portsmouth?

USCG Base Portsmouth is about a 5-minute drive away, so personnel assigned there have an exceptionally short daily commute from this address.

What parks are near 23 Farragut Street?

Afton Square is just 0.2 miles away, George Washington Park is 0.3 miles out, and Afton Park is 0.5 miles — all easily walkable from the front door.

Is 23 Farragut Street in a flood zone?

Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the most accurate and up-to-date designation.

Can a VA loan be used to purchase 23 Farragut Street?

VA loan eligibility on a multi-unit property depends on occupancy requirements and lender guidelines — a VA-knowledgeable lender can walk you through the specifics for this property type.

Want to know more about 23 Farragut Street or the Portsmouth market? Tom and Dariya Milan are ready to answer your questions and set up a walkthrough.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Apartments 3+

Year built

1918

HOA

None

Taxes

$5,228/yr

County

Portsmouth VA

MLS #

10635671

Interior

Stories
2
Flooring
Carpet, Vinyl

Construction & exterior

Foundation
Crawl
Construction
Other
Roof
Asphalt Shingle
Exterior
Vinyl

Utilities & systems

Heating
Forced Hot Air
Cooling
Central Air
Water heater
Electric
Utilities available
City Sewer, City Water, Electric Avail

Lot, parking & ownership

Subdivision
CRADOCK
Ownership
Fee Simple
Garage
No
Parking
Off Street
Possession
SUBJECT TO EXISTING LEASES
Disclosures
Disclosure Statement

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…

Hurricane Evacuation Zone

Evacuation Zone A

Source: Virginia Dept. of Emergency Management — Know Your 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

$3,313/mo

Principal & interest

$2,724

Property tax

$436

Home insurance

$153

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

123% of $425,950

City assessment record · taxes $5,228/yr

Land share of assessed value

16% — $70,240

Improvements $355,710 · 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.

Sale & Tax History

List Price

$525,000

Price / Sq Ft

$0

Annual Taxes

$5,228

Monthly Tax

$436

HOA

None

Tax Rate (effective)

1.00%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 19, 2026$525,000
Currently listed$525,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

23% above assessment

Total Assessed

$425,950

Land

$70,240

Improvement

$355,710

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.

Questions buyers ask

Real questions, answered from the record

Is 23 Farragut St in a good school zone?+
The assigned zones on the listing record are Cradock Elementary, Cradock Middle, Manor High (GreatSchools 2/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 23 Farragut St 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 23 Farragut St?+
Yes — Callaghan Gym and Fitness Center is about 0.8 miles away, per the cached nearby-places record for this address.
Are there parks near 23 Farragut St?+
Afton Square is about 0.2 miles away.
Where is the nearest grocery store to 23 Farragut St?+
bp is about 0.4 miles away. The closest dining on record is Geraldine's Kitchen (0.4 mi).
Does 23 Farragut St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 23 Farragut St built?+
It was built in 1918, 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 Lakesha Kirkendall · Desirable Management LLC · REIN MLS #10635671

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.

23 Farragut St, Portsmouth — photo

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

Call or text (757) 777-7577

23 Farragut St, Portsmouth, Virginia 23702 · MLS #10635671 · 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.