Home/Virginia/Portsmouth/PARK VIEW/273 Elm AVE, PORTSMOUTH VA 23704
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$435,000

273 Elm Ave

Portsmouth, Virginia 23704

MLS# 10640946 · PARK VIEW · Portsmouth VA

Updated yesterday · Source: REIN MLS

Est. payment

$2,592/mo

Edit below

Price / sq ft

$157

2,774 sq ft

Days on market

0

New listing

HOA

None

Year built

1910

116 yrs old

Beds

0

Full Baths

0

Half Baths

0

Sq Ft

2,774

Garage

N/A

Multi Family ResidentialSingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Renovated over/under duplex in the heart of Portsmouth! Located with easy access to highways, bases, shopping, and restaurants. Tenants in both units, photos from when it was vacant. Unit 1 has LVP flooring throughout the main living areas. This unit has 3 bedrooms and 1.5 bathrooms, kitchen, dining area, living room, and extra space for storage. The kitchen has beautiful quartz counters and stainless appliances. Uni…

Listed by Jaima Botterbush · Iron Valley Real Estate HR

VaHome Team property overview

At a glance

273 Elm Avenue is a 2,774-square-foot multi-family property built in 1910 in Portsmouth, Virginia — sitting less than a mile from Naval Medical Center Portsmouth and just minutes from USCG Base Portsmouth. It's a rare combination of historic character and practical location in one of Hampton Roads' most storied cities.

Read full property overview ↓

Why this home stands out

Properties this close to two active military installations don't come up often, and a 2,774-square-foot multi-family building from 1910 brings genuine architectural bones that newer construction simply can't replicate. The Elm Avenue address puts you at the literal doorstep of Naval Medical Center Portsmouth — we're talking about a one-minute drive — while USCG Base Portsmouth is two minutes in the other direction. The scale, the age, and the location form a combination that's genuinely hard to find elsewhere in Hampton Roads.

PARK VIEW and the Portsmouth real estate market

Portsmouth is one of the original cities of Hampton Roads, and Elm Avenue sits in a part of town where that history is visible in the streetscape itself. Homes from the early twentieth century line blocks that were already established when the Navy was expanding its regional footprint, and the neighborhood carries that lived-in, rooted quality that newer suburbs take decades to develop. The area immediately surrounding 273 Elm Avenue is defined by its proximity to the medical district anchored by Naval Medical Center Portsmouth — a campus that draws thousands of workers, patients, and military families to this corner of the city every day. Portsmouth as a whole offers easy access to the Elizabeth River waterfront, the Olde Towne historic district, and a growing collection of locally owned restaurants and shops. Getting around is straightforward: Interstate 264 and the Downtown Tunnel connect you to Norfolk in minutes, and the passenger ferry to Norfolk's Waterside district is a short drive away. For a property built in 1910, the address has aged into a genuinely convenient location.

What's nearby

Day-to-day errands are manageable from Elm Avenue. Grocery options, pharmacies, and quick-service dining are clustered along High Street and Frederick Boulevard within a few minutes by car. Olde Towne Portsmouth — with its independent restaurants, coffee shops, and waterfront park — is roughly a ten-minute drive and worth the trip on weekends. Portsmouth City Park and several smaller neighborhood green spaces are accessible within a short radius. The Elizabeth River Trail, a multi-use path connecting Portsmouth and Norfolk, has trailheads nearby for cyclists and walkers. For larger shopping runs, Military Highway and the surrounding retail corridors in Chesapeake are under twenty minutes away.

For different buyers

For military families relocating

When your orders bring you to Naval Medical Center Portsmouth or USCG Base Portsmouth, a one- or two-minute commute is about as good as it gets in Hampton Roads. A VA loan can make ownership of a property like this straightforward, and the multi-family structure gives you flexibility that a standard single-family home doesn't. Portsmouth's central position in the region means the rest of Hampton Roads stays within easy reach no matter where future orders might take you.

For buyers drawn to character

A 1910 multi-family building in Portsmouth is the kind of property that rewards people who appreciate what older construction actually means: thick walls, distinct proportions, and a sense of permanence that modern builds rarely achieve. At 2,774 square feet, there's real room to work with here. Elm Avenue sits in a neighborhood with genuine historical depth, and the bones of a building this age — when well maintained — tell a story that no new development can manufacture.

Frequently asked questions

How far is 273 Elm Avenue from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately one minute by car from 273 Elm Avenue — the campus is essentially adjacent to this stretch of Elm Avenue, making it one of the closest residential addresses to the base in the city.

How far is 273 Elm Avenue from USCG Base Portsmouth?

USCG Base Portsmouth is about a two-minute drive from the property, making this address one of the most conveniently located options in Hampton Roads for Coast Guard personnel.

What is the property type at 273 Elm Avenue?

273 Elm Avenue is classified as a multi-family residential property — a 2,774-square-foot building constructed in 1910, offering the kind of scale and structure that distinguishes it from single-family homes on the same street.

Is 273 Elm Avenue in a flood zone?

Flood zone information for 273 Elm Avenue is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.

What is the Olde Towne Portsmouth neighborhood like, and how close is it to Elm Avenue?

Olde Towne Portsmouth is one of the largest intact collections of pre-Civil War architecture on the East Coast, featuring independent restaurants, galleries, and a waterfront park along the Elizabeth River — it's roughly a ten-minute drive from 273 Elm Avenue.

Want to walk through 273 Elm Avenue or talk through the numbers? Tom and Dariya Milan at LPT Realty know this part of Portsmouth well — reach out and let's set something up.

Summary generated by AI from public records and publicly available information.

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

0

Full Baths

0

Half Baths

0

Approx Sq Ft

2,774

Stories

0

Fireplaces

0

Flooring

N/A

Heating

Cooling

Laundry

Interior Features

N/A

Sale & Tax History

List Price

$435,000

Price / Sq Ft

$157

Annual Taxes

$2,491

Monthly Tax

$208

HOA

None

Tax Rate (effective)

0.57%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 23, 2026$435,000
Currently listed$435,000

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:

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.

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.

See more Portsmouth homes for sale →

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.

Estimate your monthly payment

$2,592/mo

Principal & interest

$2,257

Property tax

$208

Home insurance

$127

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 Iron Valley Real Estate HR · MLS# 10640946

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$435,000

273 Elm AVE, PORTSMOUTH VA 23704

Portsmouth, Virginia 23704

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Quick Facts

TypeMulti Family Residential
Year Built1910
Lot Size
Taxes$2,491/yr
HOANone
Heating
Cooling

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