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PortsmouthOLDE TOWNE320 London St✓ Source: REIN MLS #10651284 · record updated Sep 5, 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
8days 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

Built in 1870, 320 London Street is a multi-unit property sitting one block from the Elizabeth River in Portsmouth's storied Olde Towne district — steps from USCG Base Portsmouth and Naval Medical Center Portsmouth, with restaurants, parks, and waterfront life right outside the door.

Read the full overview ↓

Why this home stands out

Few addresses in Hampton Roads can claim a build year of 1870 and a one-minute drive to two major installations. This three-plus-unit property puts you inside one of Virginia's most architecturally intact nineteenth-century neighborhoods, where brick sidewalks, gas-style lanterns, and river views are simply part of the backdrop. If you're drawn to history with real urban convenience, 320 London Street is a rare find in the 23704 zip code.

OLDE TOWNE and the Portsmouth real estate market

Portsmouth's Olde Towne is the oldest continuously occupied neighborhood in Virginia, and London Street sits at its heart. The streetscape here reads like a living catalog of American architectural history — Federal, Greek Revival, Victorian, and Colonial Revival facades stand shoulder to shoulder along tree-lined blocks that slope gently toward the Elizabeth River. It's a walkable, tight-knit community where neighbors actually know each other, weekend farmers markets draw crowds from across the region, and the waterfront is never more than a short stroll away. Portsmouth as a city punches well above its size: a working waterfront, a thriving arts scene, and a genuine sense of place that newer developments simply can't manufacture. Families comparing homes for sale in Portsmouth often discover Olde Towne last — and end up making it their first choice. The 23704 zip code covers this corridor specifically, and properties here carry a character that's genuinely irreplaceable.

What's nearby

Daily life is remarkably easy from 320 London Street. Fish & Slips Marina Raw Bar & Grill is just 0.1 miles away — a waterfront spot that becomes a regular habit fast. Crawford Restaurant and Gino's Pizzeria are both within 0.3 miles for weeknight dinners. For your morning routine, Olde Towne Coffee is a short walk, with Starbucks and Wawa both under half a mile. Grocery runs are covered by Simply Southern Market of Hampton Roads, Market Street & General Store, and Bier Garden Gift Shop & Market, all within 0.3 miles. Crawford Levee Park and Portside Park are practically at your doorstep, and Needle Beach gives you a genuine waterfront escape at 0.2 miles. Movement Studio VA, Riverview Aquatics Center, and the Effingham Street Family YMCA round out the fitness options nearby.

For different buyers

For military families relocating

USCG Base Portsmouth and Naval Medical Center Portsmouth are each about a one-minute drive from 320 London Street — as close to zero commute as Hampton Roads gets. A VA loan can make a property like this especially accessible, and the Olde Towne location means you're never far from the base, the waterfront, or everything else that makes Portsmouth worth calling home.

For buyers drawn to character

If you've been scrolling past cookie-cutter construction and wondering where the real architecture went, 320 London Street has your answer. Built in 1870 inside one of Virginia's most celebrated historic districts, this property carries the kind of bones and streetscape context that simply can't be replicated. Portsmouth homes for sale with this combination of age, location, and urban walkability are genuinely uncommon.

More buyer questions

How far is 320 London Street from USCG Base Portsmouth?

USCG Base Portsmouth is approximately one minute by car — the base entrance is within a few blocks of the property, making this one of the shortest possible commutes for Coast Guard personnel stationed there.

How far is 320 London Street from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is also about one minute away, placing 320 London Street in an exceptional position for medical staff, patients, and military families affiliated with the facility.

What is the flood zone status for 320 London Street?

Flood zone information for this address is detailed in the FloodRisk tile on this page — review that section and consult your agent for the most current FEMA designation and insurance guidance.

What school zone does 320 London Street fall in?

Buyers comparing homes for sale zoned for Norcom High School and homes for sale zoned for Park View Elementary School will want to verify current Portsmouth Public Schools zoning directly, as boundaries can shift — your agent can pull the latest assignment map.

Is 320 London Street in a historic district?

Yes — the property sits within Portsmouth's Olde Towne Historic District, one of Virginia's largest and most intact nineteenth-century neighborhoods, which may carry both design-review guidelines and potential eligibility for historic preservation incentives.

Tom and Dariya Milan at LPT Realty know this corridor well. Reach out to get the full picture on 320 London Street and what it takes to make it yours.

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

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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

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. 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 29, 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

8 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.