Skip to main content
VaHome.com
Portsmouth › OLDE TOWNE › 320 London St✓ Source: REIN MLS #10651284 · record updated Sep 18, 2026 · synced every 2 min · your inquiry is never resold
320 London ST, PORTSMOUTH VA 23704 - Main photo
320 London ST, PORTSMOUTH VA 23704 - Photo 2
320 London ST, PORTSMOUTH VA 23704 - Photo 3
320 London ST, PORTSMOUTH VA 23704 - Photo 4
320 London ST, PORTSMOUTH VA 23704 - Photo 5
$385,000
21days on market

320 London St, Portsmouth, VA 23704

ActiveApartments 3+ · built 1870 · OLDE TOWNE

Facts & features

Type

Apartments 3+

Year built

1870

HOA

None

Taxes

$5,479/yr

County

Portsmouth VA

MLS #

10651284

Interior

Stories
2
Flooring
Carpet, Ceramic, Wood

Construction & exterior

Foundation
Basement
Construction
Other
Roof
Asphalt Shingle
Exterior
Vinyl,Wood

Utilities & systems

Heating
Nat Gas
Cooling
Central Air
Water heater
Gas
Utilities available
City Sewer, City Water, Electric, Gas, Meter

Lot, parking & ownership

Subdivision
OLDE TOWNE
Zoning
HLO
Ownership
Fee Simple
Garage
No
Parking
Lot, Off Street, Street
Possession
SETTLE
Disclosures
Disclosure Statement, Historical District

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

About this home

Tremendous investment opportunity offered at a great price in Olde Towne Portsmouth! Ready for a buy and hold or update and dramatically increase equity. 3 Units: Building sq ft: 3,430, All units have central AC. All units have auto 1 yr renewal, 60 day renewal notice periodUnit 1A: 2 bedroom, 1 bath, sq ft. Rents for $1,500 a month*Lease end date 01/31/2025 Unit 2A: 1 bedroom, 1 bath, 700 sq ft. Rents for $800 a month (barely raised in 10 years)*Lease end date 10/31/2017 Unit 2B: 1 bedroom, 1 bath, 700 sq ft. Rents for $825 a month*Lease end date 03/31/2019Total Rental Income: $3,125

Listing courtesy of Chris Harris · LPT Realty LLC · REIN MLS #10651284

Tom & Dariya's overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · Brokered by LPT Realty

At a glance

This 1870s multi-unit apartment building sits on London Street in Portsmouth's historic core, steps from the Elizabeth River. You're moments from Naval Medical Center Portsmouth and USCG Base Portsmouth. Waterfront dining, shops, and parks frame daily life here.

Keep searching in Portsmouth

See all Portsmouth homes for sale, including homes for sale in 23704, homes for sale zoned for Norcom High School, and homes for sale zoned for Park View Elementary School. Browse every listing among homes for sale in Portsmouth — updated from the REIN MLS every few minutes. Nearby, look at Olde Towne Portsmouth homes for sale, Portsmouth waterfront homes for sale, Portsmouth condos and townhomes for sale, and new construction homes in Portsmouth.

Read the full overview ↓

Why this home stands out

Built in 1870, this property carries the architectural character of Portsmouth's oldest neighborhoods. The location is exceptional: a ten-second walk to Fish & Slips Marina Raw Bar & Grill, direct river views, and immediate access to Crawford Levee Park. Few Portsmouth homes for sale offer this blend of age, walkability, and waterfront proximity in a single address.

OLDE TOWNE and the Portsmouth real estate market

London Street anchors Olde Towne Portsmouth, the city's historic riverfront district. Tree-lined blocks, brick facades, and narrow streets define the neighborhood's 18th- and 19th-century character. You'll find independent coffee shops, galleries, and restaurants within a two-minute walk. Portsmouth itself wraps around the Elizabeth River and the naval presence that has shaped it for centuries. Getting around is easy: local streets connect to I-264 in minutes, and the downtown core is entirely walkable. Anyone comparing homes for sale in Portsmouth will notice how rare it is to find this much neighborhood texture and waterfront access. If you're exploring homes for sale in 23704, this address sits at the heart of what makes the zip code special.

What's nearby

Crawford Levee Park is a literal neighbor—less than a minute's walk. Portside Park and Needle Beach extend the waterfront experience another block or two. For coffee, Olde Towne Coffee and Starbucks Coffee Company are both within walking distance. Simply Southern Market of Hampton Roads, Market Street & General Store, and Bier Garden Gift Shop & Market handle groceries in the same radius. Dining options include Fish & Slips Marina Raw Bar & Grill right downstairs, plus Crawford Restaurant and Gino's Pizzeria a short stroll away. Movement Studio VA sits three blocks over for fitness.

For different buyers

Base commute and VA loan notes

USCG Base Portsmouth and Naval Medical Center Portsmouth are each about one minute away by car. VA loan financing is widely available in this zip code. The walkable neighborhood and short commute mean less time in traffic and more time at home. Olde Towne's mix of restaurants, shops, and waterfront parks makes settling in straightforward.

For first-time buyers

Historic character and walkability often appeal to first-time buyers seeking neighborhood depth over suburban sprawl. This address delivers both: 1870s bones, river views, and a two-minute walk to coffee, groceries, and dining. The compact footprint keeps you close to everything you need. If you're comparing homes for sale zoned for Norcom High School or homes for sale zoned for Park View Elementary School, this location offers urban convenience alongside that school access.

More buyer questions

How far is 320 London Street from USCG Base Portsmouth?

About one minute by car. The base is directly across the Elizabeth River.

What is the neighborhood like?

Olde Towne Portsmouth is a historic riverfront district with tree-lined streets, independent shops, galleries, and restaurants. It's walkable and full of 18th- and 19th-century character.

Are there parks nearby?

Yes. Crawford Levee Park is steps away, and Portside Park and Needle Beach are within a short walk along the river.

Where can I get groceries and coffee?

Simply Southern Market of Hampton Roads, Market Street & General Store, and Olde Towne Coffee are all within three blocks. Starbucks Coffee Company and Wawa are also nearby.

Does this address have waterfront access?

Yes. London Street sits on the Elizabeth River, and you're steps from multiple parks and the waterfront promenade.

Ready to explore this historic waterfront address? Contact Tom & Dariya Milan at LPT Realty to schedule a tour of 320 London Street today.

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

Homes like this one sell fast — see the next one first

Portsmouth$325K – $445K

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 515529

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515529

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

8.2 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone A

Source: Virginia Dept. of Emergency Management — Know Your Zone

In the Olde Towne Portsmouth neighborhood of Portsmouth. houses for sale in Portsmouth →

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

$2,567/mo

Principal & interest

$1,998

Property tax

$457

Home insurance

$112

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. 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

87% of $441,840

City assessment record · taxes $5,479/yr

Land share of assessed value

23% — $99,960

Improvements $341,880 · assessor record ✓

Own a home nearby? See what it is worth today — What's your Portsmouth home worth?

Sale & Tax History

List Price

$385,000

Price / Sq Ft

$0

Annual Taxes

$5,479

Monthly Tax

$457

HOA

None

Tax Rate (effective)

1.42%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 28, 2026$385,000—
Currently listed—$385,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

13% below assessment

Total Assessed

$441,840

Land

$99,960

Improvement

$341,880

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.

Market tempo

21 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Is 320 London St in a good school zone?+
The assigned zones on the listing record are Park View Elementary (VaHome School Score 3.6/10), Churchland Middle (VaHome School Score 2.7/10), IC Norcom. School attendance zones can change — always confirm enrollment with the local school division.
Is 320 London St 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.
Does 320 London St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 320 London St built?+
It was built in 1870, 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

Brokered by LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Chris Harris · LPT Realty LLC · REIN MLS #10651284

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.

Schedule a private tour

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

320 London St, Portsmouth — photo

See it in person — the record only says so much.

Call or text (757) 777-7577

320 London St, Portsmouth, Virginia 23704 · MLS #10651284 · 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.

✆