50 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$254,000
2326 Elm Ave
Portsmouth, Virginia 23704
MLS# 10627739 · PRENTIS PARK · Portsmouth VA
Updated May 22, 2026 · Source: REIN MLS
Est. payment
$1,586/mo
Edit below
Price / sq ft
$141
1,800 sq ft
Days on market
50
HOA
None
Year built
1924
102 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
1,800
Garage
N/A
Schools
- ElementaryDouglass Park Elementary School2/10
- MiddleChurchland Middle School5/10
- 2/10
Info provided by GreatSchools
About this home
Solid income-producing duplex offering immediate cash flow with total rents of $2,725/month at a $260,000 asking price. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that appeal to long-term tenants. Recent updates include refreshed finishes in one unit with new countertops and appliances, along with major system improvements that reduce future capital expenses—full plumbing updates, inclu…
Listed by Chad Keeney · Latitude Realty Co.
VaHome Team property overview
A century-old multi-family property at 2326 Elm Ave sits in Portsmouth's historic Prentis Park neighborhood, just steps from Olde Towne's walkable core. At roughly 1,800 square feet and built in 1924, it puts you one minute from both USCG Base Portsmouth and Norfolk Naval Shipyard.
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Why this home stands out
Properties built in 1924 carry a kind of architectural honesty you simply can't replicate — thick walls, detailed millwork, and proportions that modern construction rarely matches. Add a location that's genuinely walkable to restaurants, markets, and green space, and you have a multi-family footprint in one of Portsmouth's most storied corridors. The dual-base proximity is the kind of commute advantage that's hard to put a number on.
PRENTIS PARK and the Portsmouth real estate market
Prentis Park sits at the heart of Portsmouth's Olde Towne district, one of the largest concentrations of pre-Civil War architecture on the East Coast. The streets here are lined with mature trees, brick sidewalks, and homes that have been standing since before the automobile reshaped American neighborhoods. It's the kind of place where neighbors actually know each other's names. Portsmouth itself is a city that rewards people who look past the surface — it has a working waterfront, genuine history, and a creative energy that's been quietly building for years. The Elizabeth River runs along the city's edge, and the downtown ferry connects you to Norfolk in minutes. Whether you're drawn to the independent restaurants along High Street, the galleries tucked into Victorian storefronts, or simply the satisfaction of owning something with real roots, Portsmouth delivers a sense of place that newer suburbs can't manufacture. Prentis Park real estate is the kind of address that holds its character across decades.
What's nearby
Daily life at 2326 Elm Ave is remarkably self-contained. Simply Southern Market of Hampton Roads, Market Street & General Store, and Bier Garden Gift Shop & Market are all within a tenth of a mile — groceries and specialty goods without a car trip. Guads Mexican Restaurant, Jimmy John's, and Lobscouser Restaurant are equally close for a quick lunch or a proper sit-down dinner. Start your morning at Olde Towne Coffee just down the block, or head to Cure a few minutes away. For fitness, Movement Studio VA and the Effingham Street Family YMCA are both nearby. Courthouse Square and Festival Park give you green space almost at your doorstep.
For different buyers
For military families relocating
USCG Base Portsmouth and Norfolk Naval Shipyard are each about one minute away — that's not an exaggeration. For a military household managing deployments, duty schedules, and everything in between, a commute that short changes daily life in real ways. A VA loan can make ownership here straightforward, and the multi-family structure offers flexibility that a single-family home simply doesn't.
For buyers drawn to character
If you've spent time touring generic new construction and kept thinking something was missing, 2326 Elm Ave is the answer to that feeling. Built in 1924 and rooted in one of the most architecturally significant neighborhoods in Virginia, this property carries the kind of craftsmanship and street presence that only a century of standing can produce. Prentis Park is where character buyers find what they've been looking for.
Frequently asked questions
How far is 2326 Elm Ave from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately one minute from 2326 Elm Ave, making it one of the closest residential addresses to the base you'll find in Portsmouth. The proximity is a genuine daily-life advantage for anyone working on the yard.
How far is 2326 Elm Ave from USCG Base Portsmouth?
USCG Base Portsmouth is also about one minute away — the property sits in an exceptionally rare position relative to both major installations in the area.
What is the Prentis Park neighborhood like in Portsmouth?
Prentis Park is part of Portsmouth's Olde Towne historic district, known for its pre-Civil War and early-twentieth-century architecture, walkable streets, and proximity to the Elizabeth River waterfront. It's a neighborhood with genuine historical depth and an active, community-oriented character.
Is 2326 Elm Ave in a flood zone?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means practically for this property.
Does 2326 Elm Ave have an HOA?
Prentis Park does not carry a mandatory HOA, so there are no association dues or governing covenants tied to this address through a homeowners association.
Want to walk through 2326 Elm Ave and get a real feel for the block? Tom and Dariya Milan at LPT Realty know this corner of Portsmouth well — reach out and let's set something up.
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
1,800
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$254,000
Price / Sq Ft
$141
Annual Taxes
$2,327
Monthly Tax
$194
HOA
None
Tax Rate (effective)
0.92%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 2, 2026 | $254,000 | — |
| Currently listed | — | $254,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 22, 2026.
Total Assessed
$4,870,930
Land
$295,000
Improvement
$4,575,930
Parcel ID: 00070420
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
$1,586/moPrincipal & interest
$1,318
Property tax
$194
Home insurance
$74
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 Latitude Realty Co. · MLS# 10627739
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$254,000
2326 Elm AVE, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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