6 days on market
$340,000
254 Independence St
Portsmouth, Virginia 23701
MLS# 10635272 · NEW PORT · Portsmouth VA
Updated Jun 1, 2026 · Source: REIN MLS
Est. payment
$2,178/mo
Edit below
Price / sq ft
$174
1,959 sq ft
Days on market
6
New listing
HOA
None
Year built
2020
6 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,959
Garage
No
Schools
- ElementaryVictory Elementary School3/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Located in the sought-after neighborhood of New Port Townes! Built in 2020 this like-new home boast beautiful LVP flooring and comfy carpet throughout. Open-concept downstairs for entertaining while cooking in your gorgeous kitchen using stainless steel EnergyStar rated appliances. Office/flex space with French doors and a bright sunroom with natural light. Upstairs is the large primary suite w/ ensuite w/ double van…
Listed by Jason Sampson · Seven City Realty
VaHome Team property overview
Built in 2020, 254 Independence Street is a 3-bed, 2.5-bath home with nearly 2,000 square feet in Portsmouth, Virginia — just five minutes from Norfolk Naval Shipyard and a short hop to USCG Base Portsmouth. Modern construction means lower maintenance and better efficiency right out of the gate.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 254 Independence Street apart is simple: it's a 2020-built home in a region where most of the housing stock dates back decades. You get contemporary floor plans, current building codes, and modern mechanical systems without the compromises that come with older construction. At just over 1,959 square feet across three bedrooms and two and a half baths, the layout gives everyone room to breathe — and the location puts two major installations within a single-digit drive.
NEW PORT and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most underrated cities, and 254 Independence Street sits in a part of town that reflects that quiet confidence. The surrounding streets carry a workaday, residential character — established blocks, mature trees, and neighbors who tend to stay put. Portsmouth itself straddles the southern bank of the Elizabeth River, directly across from Norfolk, and that geography shapes daily life here in real ways: you're close to everything without being in the middle of it. The city's Olde Towne district — one of the largest collections of 18th- and 19th-century architecture on the East Coast — is just a few miles away, and the waterfront keeps things lively year-round. For a 2020-built home in Portsmouth, this address hits a sweet spot: modern comfort inside, established city fabric outside, and two of the region's biggest military installations practically around the corner.
What's nearby
Day-to-day errands are easy from here. GreenwoodSniffSpot is just 0.1 miles away — a genuine win if you have a dog — and Highland Biltmore Park and Maplewood Park are both under a mile for outdoor time. When hunger hits, New York Pizza & Deli and Hay Hing Chinese are both about a half-mile out, and a 7-Eleven is right there at 0.5 miles for quick stops. Dunkin' and McDonald's are both under a mile for your morning routine. Two Dollar General locations and a BP round out the close-range convenience for everyday needs.
For different buyers
For military families relocating
Five minutes to Norfolk Naval Shipyard and six minutes to USCG Base Portsmouth — it's hard to find a home that checks the commute box this cleanly. Built in 2020, 254 Independence Street is move-cycle-friendly: modern systems, low deferred maintenance, and a layout that works for families at any stage. A VA loan is a natural fit here, and the location makes every PCS rotation a little less stressful.
For first-time buyers
If you're stepping into homeownership for the first time, a 2020 build takes a lot of uncertainty off the table. The mechanicals are young, the construction meets current codes, and you're not inheriting someone else's decades of deferred projects. At 1,959 square feet with three bedrooms and two and a half baths, there's room to grow — and Portsmouth's price point makes it one of the more accessible entry points in all of Hampton Roads.
Frequently asked questions
How far is 254 Independence Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a 5-minute drive from 254 Independence Street, making it one of the closest residential options to the installation in the area.
Is 254 Independence Street in a flood zone?
Flood zone status for this address is detailed in the FloodRisk tile on this page — check that section for the current FEMA designation and what it means for insurance requirements.
What year was 254 Independence Street built?
The home was built in 2020, making it one of the newer single-family properties in this part of Portsmouth.
How many square feet is 254 Independence Street?
The home measures 1,959 square feet and includes three bedrooms and two and a half bathrooms across its layout.
Does 254 Independence Street have an HOA?
HOA status for this property is reflected in the current listing details — check the listing data tile on this page for the most accurate information.
Want to see 254 Independence Street in person? Tom and Dariya Milan at LPT Realty know Portsmouth well — reach out and let's set up a walkthrough on your schedule.
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
3
Full Baths
2
Half Baths
1
Approx Sq Ft
1,959
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Energy Star Appliance(s), Microwave, Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$340,000
Price / Sq Ft
$174
Annual Taxes
$3,775
Monthly Tax
$315
HOA
None
Tax Rate (effective)
1.11%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 26, 2026 | $340,000 | — |
| Currently listed | — | $340,000 | — |
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
$2,178/moPrincipal & interest
$1,764
Property tax
$315
Home insurance
$99
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 Seven City Realty · MLS# 10635272
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$340,000
254 Independence ST, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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