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PortsmouthPRENTIS PARK2326 Elm Ave✓ Source: REIN MLS #10627739 · record updated Jul 14, 2026 · synced every 2 min · your inquiry is never resold
2326 Elm AVE, PORTSMOUTH VA 23704 - Main photo
2326 Elm AVE, PORTSMOUTH VA 23704 - Photo 2
2326 Elm AVE, PORTSMOUTH VA 23704 - Photo 3
2326 Elm AVE, PORTSMOUTH VA 23704 - Photo 4
2326 Elm AVE, PORTSMOUTH VA 23704 - Photo 5
$254,000
$141 / sqft · est. $1,586/mo →
1,800sqft
103days on market

2326 Elm Ave, Portsmouth, VA 23704

Under ContractMulti Family Residential · built 1924 · PRENTIS PARK

About this home

The listing, in the seller's words

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, including a main sewer line replacement in 2024, new water heaters in both units, and completed foundation work in 2025/2026. Situated on a spacious corner lot in a central location with strong rental demand, this property presents a wonderful addition to any portfolio with upside potential over time.

Listing courtesy of Chad Keeney · Latitude Realty Co. · REIN MLS #10627739

VaHome team overview

Our read on this home

At a glance

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.

Read the full overview ↓

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.

More buyer 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.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Multi Family Residential

Year built

1924

Price / sqft

$141

HOA

None

Taxes

$2,327/yr

County

Portsmouth VA

Waterfront

Yes

MLS #

10627739

Interior

Approx. sqft
1,800

Construction & exterior

Style
Side by Side
Subtype
Duplex
Foundation
Crawl
Roof
Composite
Exterior
Vinyl
Fencing
Back Fenced
Waterfront
Not Waterfront

Utilities & systems

Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
PRENTIS PARK
Ownership
Fee Simple
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

Flood & environment

FEMA flood zone AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515529

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone B

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

homes for sale in Portsmouth

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

$1,586/mo

Principal & 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.

Value & history

Judge value on real ground

Asking vs. assessment

5% of $4,870,930

City assessment record · taxes $2,327/yr

Land share of assessed value

6% — $295,000

Improvements $4,575,930 · 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.

Price context — similar nearby homes

$250,000$309,000

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.

108 Channing AVE · 1.6 mi · 1,800 sqft$250,000 sold 2026-06
45 Prospect PW · 1.5 mi · 1,750 sqft$302,000 sold 2026-05
13 Kennedy DR · 1.3 mi · 1,682 sqft$298,000 sold 2026-05

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)

EventDatePriceDetail
ListedApr 2, 2026$254,000
Currently listed$254,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

95% below assessment

Total Assessed

$4,870,930

Land

$295,000

Improvement

$4,575,930

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 2326 Elm Ave in a good school zone?+
The assigned zones on the listing record are Douglass Park Elementary (GreatSchools 2/10), Churchland Middle (GreatSchools 5/10), IC Norcom. School attendance zones can change — always confirm enrollment with the local school division.
Is 2326 Elm Ave in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 2326 Elm Ave?+
Yes — Movement Studio VA is about 0.1 miles away, per the cached nearby-places record for this address.
Are there parks near 2326 Elm Ave?+
Courthouse Square is about 0.1 miles away.
Where is the nearest grocery store to 2326 Elm Ave?+
Simply Southern Market of Hampton Roads is about 0.1 miles away. The closest dining on record is Guads Mexican Restaurant (0.1 mi).
Does 2326 Elm Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 2326 Elm Ave built?+
It was built in 1924, 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 Chad Keeney · Latitude Realty Co. · REIN MLS #10627739

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.

2326 Elm Ave, Portsmouth — photo

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

Call or text (757) 777-7577

2326 Elm Ave, Portsmouth, Virginia 23704 · MLS #10627739 · 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.