




1 days on market
Aerial flyover rendering — usually ready in a couple minutes.
$369,900
2400 Graham St
Portsmouth, Virginia 23704
MLS# 10640975 · CEDAR POINT · Portsmouth VA
Updated 20 hours ago · Source: REIN MLS
Est. payment
$2,090/mo
Edit below
Price / sq ft
$168
2,200 sq ft
Days on market
1
New listing
HOA
None
Year built
2026
0 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,200
Garage
No
Schools
- ElementaryDouglass Park Elementary School2/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Beautiful 4-bedroom, 2.5-bath home offering approximately 2,200 sq ft of living space, now ready for immediate occupancy! Open layout with luxury vinyl plank flooring, granite countertops, and soft-close cabinetry throughout. Spacious main level with a cozy fireplace and great flow between the living and dining areas. Upstairs features well-sized bedrooms with ample closet space, including a comfortable primary suit…
Listed by Marie Banks · Swell Real Estate Co
VaHome Team property overview
A brand-new 2026 construction home at 2400 Graham Street brings four bedrooms, two and a half baths, and 2,200 square feet to Portsmouth, Virginia — just four minutes from both Norfolk Naval Shipyard and Naval Medical Center Portsmouth. Fresh build, established city, unbeatable base access.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 2400 Graham Street apart is simple: it's new construction in a city where most homes carry decades of history. You get the clean slate of a 2026 build — modern systems, fresh finishes, full warranty coverage — without sacrificing the character and deep-rooted community feel that makes Portsmouth worth choosing. Four bedrooms and a half-bath powder room give you room to grow, and the four-minute commute to two major installations is genuinely rare.
CEDAR POINT and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most underrated cities, and 2400 Graham Street puts you right in the heart of what makes it worth a closer look. This is a city with real bones — historic districts, working waterfront, and a downtown that has been quietly gaining momentum for years. The 23704 zip code sits on the southern bank of the Elizabeth River, giving the area a grounded, neighborhood-in-the-city feel rather than the sprawl you find further out. Streets here are walkable and tree-lined, and longtime residents take genuine pride in their blocks. Portsmouth sits directly across the water from Norfolk, connected by the Downtown Tunnel and the Midtown Tunnel, which means you're never far from the broader Hampton Roads metro. For a new construction home to land here — in an established urban grid rather than a distant subdivision — is genuinely uncommon. If you want a fresh start in a city with real history behind it, 2400 Graham Street in Portsmouth delivers exactly that.
What's nearby
Daily life is easy from Graham Street. The Olde Towne Portsmouth historic district is just minutes away, offering waterfront dining, coffee shops, and weekend farmers markets along the riverfront. Crawford Bay Park and the Elizabeth River Trail give you outdoor options without a long drive. Grocery runs are quick, with multiple supermarket options within a short radius. Portsmouth's Medical Center area — anchored by Naval Medical Center Portsmouth — keeps pharmacies, urgent care, and specialty clinics close. And when you want to cross the water, Norfolk's Ghent neighborhood, downtown Norfolk, and the Norfolk waterfront are all reachable in under fifteen minutes.
For different buyers
For military families relocating
Four minutes to Norfolk Naval Shipyard and four minutes to Naval Medical Center Portsmouth — that's the kind of commute that changes your daily quality of life. A VA loan is a natural fit for a new construction purchase like this, and 2400 Graham Street's 2026 build means no deferred maintenance surprises during a tour of duty. Four bedrooms handle PCS moves with a family in tow.
For first-time buyers
Buying your first home is easier when the property itself is brand new. At 2400 Graham Street, the 2026 construction means everything — roof, HVAC, plumbing, electrical — is at day one. You're not inheriting someone else's deferred maintenance list. Four bedrooms and 2,200 square feet gives you space to grow into, and Portsmouth's location keeps you connected to the entire Hampton Roads region.
Frequently asked questions
How far is 2400 Graham Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately four minutes from 2400 Graham Street by car, making this one of the shortest base commutes available anywhere in the Portsmouth market. The route avoids tunnel traffic entirely.
How far is 2400 Graham Street from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is also about four minutes away, putting both of Portsmouth's major installations within a very tight radius of this address — an unusual combination for a single property.
Is 2400 Graham Street new construction?
Yes — 2400 Graham Street was built in 2026, making it brand-new construction with modern systems, current building codes, and builder warranty coverage that older homes in the area simply can't offer.
What is the flood risk situation for 2400 Graham Street?
Flood zone information for 2400 Graham Street is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
Can a VA loan be used to purchase 2400 Graham Street?
New construction properties like 2400 Graham Street are generally eligible for VA loan financing, though the process has a few extra steps compared to resale purchases — the VA loan guide on this site walks through what to expect.
Tom and Dariya Milan know Portsmouth inside and out. Reach out today to schedule a walkthrough of 2400 Graham Street and get straight answers about the neighborhood, the build, and your next move.
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
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,200
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Elec Range, Washer Hookup
Sale & Tax History
List Price
$369,900
Price / Sq Ft
$168
Annual Taxes
$756
Monthly Tax
$63
HOA
None
Tax Rate (effective)
0.20%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 22, 2026 | $369,900 | — |
| Currently listed | — | $369,900 | — |
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
$2,090/moPrincipal & interest
$1,919
Property tax
$63
Home insurance
$108
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 Swell Real Estate Co · MLS# 10640975
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$369,900
2400 Graham ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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