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PortsmouthPORT NORFOLK243 Maryland Ave✓ Source: REIN MLS #10617169 · record updated Apr 6, 2026 · synced every 2 min · your inquiry is never resold
243 Maryland AVE, PORTSMOUTH VA 23707 - Main photo
$960,000
43days on market

243 Maryland Ave, Portsmouth, VA 23707

SoldApartments 3+ · built 1971 · PORT NORFOLK

About this home

The listing, in the seller's words

8-unit brick apartment building with a new roof and 2BR/1BA units. Multiple levers to increase cash flow, including rent adjustments and utility reimbursement. Mostly month-to-month leases offer flexibility. Attractive opportunity for 1031 or long-term portfolio investors. Prime location short distance to the interstate, shipyards, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.

Listing courtesy of John Powers · BHHS RW Towne Realty · REIN MLS #10617169

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Apartments 3+

Year built

1971

HOA

None

Taxes

$8,248/yr

County

Portsmouth VA

MLS #

10617169

Interior

Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP

Construction & exterior

Foundation
Slab
Construction
Frame
Roof
Asphalt Shingle
Exterior
Brick

Utilities & systems

Heating
Basebd,Electric
Cooling
Window/Wall
Water heater
Electric
Utilities available
City Sewer, City Water, Electric, Sewer Avail, Water Avail

Lot, parking & ownership

Lot size
80X140
Subdivision
PORT NORFOLK
Zoning
HR
Ownership
Fee Simple
Garage
No
Parking
1 Space, Assigned/Reserved
Possession
SETTLEMENT
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

In the Olde Towne Portsmouth neighborhood of Portsmouth. 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

$5,949/mo

Principal & interest

$4,981

Property tax

$687

Home insurance

$280

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

144% of $665,140

City assessment record · taxes $8,248/yr

Land share of assessed value

16% — $109,020

Improvements $556,120 · 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

$960,000

Price / Sq Ft

$0

Annual Taxes

$8,248

Monthly Tax

$687

HOA

None

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 27, 2026$960,000
SoldApr 1, 2026$960,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

44% above assessment

Total Assessed

$665,140

Land

$109,020

Improvement

$556,120

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 243 Maryland Ave in a good school zone?+
The assigned zones on the listing record are Waterview Elementary (GreatSchools 2/10), Churchland Middle (GreatSchools 5/10), Churchland (GreatSchools 5/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 243 Maryland Ave 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 243 Maryland Ave?+
Yes — DCo is about 0.9 miles away, per the cached nearby-places record for this address.
Are there parks near 243 Maryland Ave?+
Bruce Johnson Memorial Park is about 0.3 miles away.
Where is the nearest grocery store to 243 Maryland Ave?+
Port Norfolk Supermarket is about 0.1 miles away. The closest dining on record is Dria's Kitchen "Box Fired" Pizzeria & Catering (0.2 mi).
Does 243 Maryland Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 243 Maryland Ave built?+
It was built in 1971, 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 John Powers · BHHS RW Towne Realty · REIN MLS #10617169

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

243 Maryland Ave, Portsmouth — photo

This one's sold — the next one doesn't have to be.

243 Maryland Ave, Portsmouth, Virginia 23707 · MLS #10617169 · 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.