Home/Virginia/Portsmouth/OLDE TOWNE/318 Court ST, PORTSMOUTH VA 23704
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Coming Soon
Active
Under Contract
Sold
Off Market

12 days on market

✨ New Construction

$575,000

318 Court St

Portsmouth, Virginia 23704

MLS# 10633770 · OLDE TOWNE · Portsmouth VA

Updated May 16, 2026 · Source: REIN MLS

Est. payment

$3,679/mo

Edit below

Price / sq ft

$177

3,242 sq ft

Days on market

12

New listing

HOA

None

Year built

1880

146 yrs old

Beds

0

Full Baths

0

Half Baths

0

Sq Ft

3,242

Garage

0

Multi Family ResidentialSingle FamilyNew ConstructionWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Impressive 1880 Victorian duplex in Olde Towne - a charming mix of original exterior and interior features and modern conveniences. Enjoy single story living downstairs. Lovely floorplan, large rooms, hardwood floors, tall windows, working fireplaces, and 12ft ceilings. Primary suite features an arched turret sitting area, fireplace, large open concept bathroom, walk in closet/dressing room/laundry area. Elegant liv…

Listed by Robin Dibuono · Howard Hanna Real Estate Svcs.

VaHome Team property overview

At a glance

Meet 318 Court Street — a 3,242-square-foot multi-family property built in 1880 in the heart of Portsmouth's historic Olde Towne district, steps from the Elizabeth River waterfront, parks, and some of the neighborhood's most beloved local spots.

Read full property overview ↓

Why this home stands out

Properties this size with this much history are rare anywhere in Hampton Roads, let alone in a walkable, character-rich district like Olde Towne. The 1880 construction places 318 Court Street among Portsmouth's earliest surviving residential fabric — thick walls, high ceilings, and the kind of architectural bones that simply aren't replicated in modern builds. The multi-family configuration adds a layer of flexibility that few historic properties can offer.

OLDE TOWNE and the Portsmouth real estate market

Olde Towne Portsmouth is one of the largest intact 18th- and 19th-century neighborhoods on the East Coast, and 318 Court Street sits squarely inside it. The streets here are lined with Federal, Greek Revival, and Victorian architecture, and the whole district carries a genuine sense of place that newer neighborhoods spend decades trying to manufacture. You're within easy walking distance of the Elizabeth River waterfront, boutique shops, independent restaurants, and community green spaces — all without getting in a car. Portsmouth itself is a city of distinct, established neighborhoods, and Olde Towne is its crown jewel. As a primary keyword: Olde Towne Portsmouth real estate draws buyers specifically seeking this combination of history, walkability, and proximity to major employment corridors. The High Street Landing ferry connects you to downtown Norfolk in minutes, and Interstate 264 puts the broader Hampton Roads metro within reach. Living here means trading the generic for the genuinely historic.

What's nearby

Daily life at 318 Court Street is remarkably walkable. Crawford Levee Park, Needle Beach, and Greenwich Square Park are all within a tenth of a mile — easy morning-walk territory. Fish & Slips Marina Raw Bar & Grill and Still Worldly Eclectic Tapas are both just 0.2 miles away for dinner, and Gino's Pizzeria is equally close. Olde Towne Coffee is your neighborhood café at 0.3 miles, with a Wawa and Starbucks Coffee Company nearby as well. Bier Garden Gift Shop & Market, Simply Southern Market of Hampton Roads, and Market Street & General Store all sit within 0.3 miles for everyday provisions. Movement Studio VA and the Effingham Street Family YMCA cover fitness needs, and Riverview Aquatics Center is just 0.6 miles out.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is literally one minute away — it's hard to find a property more convenient for medical command personnel or healthcare staff assigned to the facility. USCG Base Portsmouth is equally close. A VA loan pairs naturally with a historic property like this, and the commute from 318 Court Street to either installation is about as short as Hampton Roads gets.

For buyers drawn to character

If you've been searching for a property with real architectural history — not a renovation that mimics it — 318 Court Street delivers. Built in 1880, it carries the proportions, craftsmanship, and street presence of the Victorian era. Olde Towne is one of the few places in Virginia where a building this old still anchors an active, walkable neighborhood rather than sitting in isolation.

Frequently asked questions

How far is 318 Court Street from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately one minute from 318 Court Street by car — the base entrance is essentially around the corner, making this one of the closest residential addresses to the facility in the city.

What is the architectural style and age of 318 Court Street?

The property was built in 1880, placing it firmly in the Victorian era, and it sits within the Olde Towne historic district — one of the largest concentrations of pre-Civil War and late 19th-century architecture on the East Coast.

Is 318 Court Street in a flood zone?

318 Court Street is located in Portsmouth near the Elizabeth River waterfront, so flood zone status is worth reviewing carefully — check the dedicated FloodRisk tile on this page for the current FEMA designation and insurance implications.

What kind of property is 318 Court Street?

It's a multi-family residential property spanning 3,242 square feet, offering the kind of flexible configuration that's uncommon in a historic district where most structures are single-family or commercial.

Where can you walk to from 318 Court Street?

Within a few blocks you'll find waterfront parks including Crawford Levee Park and Needle Beach, independent restaurants, coffee shops, local markets, and fitness studios — the walkability here is genuinely exceptional for Hampton Roads.

Want to know more about 318 Court Street or other properties in Olde Towne Portsmouth? Tom and Dariya Milan at LPT Realty are ready to walk you through everything this address has to offer.

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

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Property Details

Bedrooms

0

Full Baths

0

Half Baths

0

Approx Sq Ft

3,242

Stories

0

Fireplaces

0

Flooring

N/A

Heating

Cooling

Laundry

Interior Features

N/A

Sale & Tax History

List Price

$575,000

Price / Sq Ft

$177

Annual Taxes

$6,330

Monthly Tax

$528

HOA

None

Tax Rate (effective)

1.10%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 7, 2026$575,000
Currently listed$575,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 19, 2026.

13% above assessment

Total Assessed

$510,520

Land

$167,190

Improvement

$343,330

Parcel ID: 00080540

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

$3,679/mo

Principal & interest

$2,984

Property tax

$528

Home insurance

$168

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 Howard Hanna Real Estate Svcs. · MLS# 10633770

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

ACTIVE LISTING

$575,000

318 Court ST, PORTSMOUTH VA 23704

Portsmouth, Virginia 23704

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Quick Facts

TypeMulti Family Residential
Year Built1880
Lot Size
Taxes$6,330/yr
HOANone
Heating
Cooling

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