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Norfolk › GHENT › 324 Colonial Ave✓ Source: REIN MLS #10643222 · record updated Jul 8, 2026 · synced every 5 min · your inquiry is never resold
324 Colonial AVE, NORFOLK VA 23507 - Main photo
324 Colonial AVE, NORFOLK VA 23507 - Photo 2
324 Colonial AVE, NORFOLK VA 23507 - Photo 3
324 Colonial AVE, NORFOLK VA 23507 - Photo 4
324 Colonial AVE, NORFOLK VA 23507 - Photo 5
$1,650,000
0days on market

324 Colonial Ave, Norfolk, VA 23507

New ListingApartments 3+ · built 1892 · GHENT

About this home

The listing, in the seller's words

Back on market at no fault to seller - call for more info. Incredible investment opportunity right in the heart of Ghent! Gorgeous, historic building in an absolutely prime location within one mile of: CHKD, EVMS, Sentara Norfolk General Hospital, the Chrysler Museum, the Harrison Opera House, the Norfolk Scope Arena, and so much more! Current rents totaling $11,120 with room to increase.

Listing courtesy of Victoria Koenig · Signature Homes · REIN MLS #10643222

VaHome team overview

Our read on this home

At a glance

324 Colonial Avenue is a multi-unit residential property in Norfolk's historic Ghent-adjacent corridor, built in 1892 and sitting just minutes from Naval Medical Center Portsmouth and USCG Base Portsmouth. It's a rare piece of Hampton Roads history with an address that carries genuine character.

Read the full overview ↓

Why this home stands out

Few addresses in Norfolk carry the architectural weight of 1892 construction. This multi-family property predates both World Wars and stands in one of the city's most walkable, tree-lined corridors near the Elizabeth River. The bones here are old in the best possible way — thick walls, period proportions, and a streetscape that newer construction simply cannot replicate. Proximity to two major installations adds a practical layer that's hard to beat.

GHENT and the Norfolk real estate market

Colonial Avenue runs through one of Norfolk's most storied residential stretches, sitting at the crossroads of the historic Ghent neighborhood and the broader medical district anchored by Sentara Norfolk General and Eastern Virginia Medical School. The street itself is lined with mature trees and late-Victorian and Edwardian-era homes, giving it a scale and texture that feels genuinely different from the rest of the city. Norfolk is a waterfront city with a strong military presence, a growing arts scene centered around the Chrysler Museum and NARO Cinema, and a food culture that punches well above its size. The Ghent district — walkable from Colonial Avenue — offers independent coffee shops, restaurants, and boutiques along 21st Street and Colley Avenue. This is the kind of Norfolk address that people who know the city specifically seek out, and it consistently draws interest from those who want urban walkability without sacrificing architectural soul.

What's nearby

You're within easy reach of daily essentials and genuine neighborhood anchors from 324 Colonial Avenue. The Harris Teeter on 21st Street handles grocery runs in under five minutes on foot. Colley Avenue's restaurant row — home to spots like Doumar's and Pendulum Fine Meats — is a short walk away. Sentara Norfolk General Hospital and Eastern Virginia Medical School are roughly a mile north. Ghent's coffee shops, including Cure Coffeehouse, are within comfortable walking distance. Chrysler Museum of Art and the Hague waterfront are also close, making weekend afternoons genuinely easy to fill.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is roughly a two-minute drive from 324 Colonial Avenue, and USCG Base Portsmouth is only a minute farther. For active-duty families weighing a VA loan purchase near their duty station, this address delivers an unusually short commute paired with one of Norfolk's most established and walkable neighborhoods — a combination that's genuinely rare at any price point.

For buyers drawn to character

If you've been searching for a property with real history behind it, 1892 construction on Colonial Avenue is about as good as it gets in Hampton Roads. This isn't a house that was built to look old — it actually is old, with the proportions, materials, and street presence that come from being part of a neighborhood for over 130 years. The surrounding streetscape reinforces it at every turn.

More buyer questions

How far is 324 Colonial Avenue from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately a 2-minute drive from 324 Colonial Avenue via the Downtown Tunnel or the High Street corridor. For staff or active-duty personnel assigned there, the commute is about as short as it gets in the region.

What neighborhood is 324 Colonial Avenue in?

The property sits on Colonial Avenue in Norfolk's medical district corridor, directly adjacent to the historic Ghent neighborhood. Ghent is one of Norfolk's most recognized urban districts, known for walkable streets, independent businesses, and late-Victorian residential architecture.

Is 324 Colonial Avenue in a flood zone?

Flood zone status for this address is detailed in the FloodRisk tile on this page, which pulls current FEMA map data. Given Norfolk's ongoing investment in resilience infrastructure, it's worth reviewing that information alongside any property decision.

How far is 324 Colonial Avenue from USCG Base Portsmouth?

USCG Base Portsmouth is approximately a 3-minute drive from 324 Colonial Avenue, making this one of the closer residential addresses to that installation in the Norfolk market.

What is the property type at 324 Colonial Avenue?

324 Colonial Avenue is classified as a multi-unit residential property (3+ apartments), originally constructed in 1892. Its age and building type make it one of the older multi-family structures still standing in this part of Norfolk.

Tom and Dariya Milan at LPT Realty know this corridor well. Reach out to get the full picture on 324 Colonial Avenue and what it means for your next move.

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

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Apartments 3+

Year built

1892

HOA

None

Taxes

$10,253/yr

County

Norfolk VA

MLS #

10643222

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

Flood & environment

The flood answer first — quantified, not buried

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

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

Homes at this tier often trade in cash or portfolio financing — the calculator below shows a financed view; taxes are from the public record.

Estimate your monthly payment

$9,897/mo

Principal & interest

$8,561

Property tax

$854

Home insurance

$481

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Sale & Tax History

List Price

$1,650,000

Price / Sq Ft

$0

Annual Taxes

$10,253

Monthly Tax

$854

HOA

None

Tax Rate (effective)

0.62%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 8, 2026$1,650,000—
Currently listed—$1,650,000—

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:

Norfolk 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

0 days on market — read it in context

Higher-priced homes market more slowly by nature: the buyer pool is smaller and diligence is heavier. Days-on-market at this tier is a rhythm, not a warning.

Questions buyers ask

Real questions, answered from the record

Is 324 Colonial Ave in a good school zone?+
The assigned zones on the listing record are Walter Herron Taylor Elementary, Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 324 Colonial Ave 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 324 Colonial Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 324 Colonial Ave built?+
It was built in 1892, 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

LPT Realty · Hampton Roads · answer their own phone

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

Listing courtesy of Victoria Koenig · Signature Homes · REIN MLS #10643222

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.

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

Call or text (757) 777-7577

324 Colonial Ave, Norfolk, Virginia 23507 · MLS #10643222 · 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.

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