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NorfolkGHENT324 Colonial Ave✓ Source: REIN MLS #10643222 · record updated Jul 20, 2026 · synced every 2 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
27days on market

324 Colonial Ave, Norfolk, VA 23507

ActiveApartments 3+ · built 1892 · GHENT

Facts & features

Type

Apartments 3+

Year built

1892

HOA

None

Taxes

$10,253/yr

County

Norfolk VA

MLS #

10643222

Interior

Stories
4
Flooring
Carpet, Ceramic, Laminate/LVP

Construction & exterior

Foundation
Basement
Construction
Other
Roof
Asphalt Shingle,Slate
Exterior
Brick,Wood
Exterior features
Laundry Room

Utilities & systems

Heating
Heat Pump W/A, Nat Gas
Cooling
Central Air
Water heater
Gas
Utilities available
City Sewer, City Water, Electric, Gas

Lot, parking & ownership

Subdivision
GHENT
Ownership
Fee Simple
Garage
No
Parking
Driveway Spc, Street
Possession
CLOSING
Disclosures
Disclosure Statement, Historical District

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

About this home

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

Tom & Dariya's overview

Our read on this home

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

At a glance

Built in 1892, 324 Colonial Ave is a multi-unit property sitting at the heart of one of Norfolk's most walkable, character-rich corridors — two minutes from Naval Medical Center Portsmouth and steps from parks, cafés, and a wine bar.

Read the full overview ↓

Why this home stands out

Few addresses in Norfolk homes for sale carry the architectural pedigree of a building that predates the twentieth century while still delivering genuine urban convenience. The 1892 construction at 324 Colonial Ave places you on a tree-lined block where historic bones meet a neighborhood that has quietly become one of the city's most sought-after pockets — close to two military installations, a Harris Teeter, and more walkable amenities than most newer developments can claim.

GHENT and the Norfolk real estate market

Colonial Avenue runs through the Ghent-adjacent corridor of Norfolk, a part of the city where late-Victorian architecture lines the sidewalks and independent businesses outnumber chain stores. The 23507 zip code has long attracted people who want urban texture without sacrificing a sense of community — wide sidewalks, mature trees, and front porches that actually get used. Norfolk itself is the anchor city of Hampton Roads, home to the world's largest naval station and a growing arts and culinary scene that punches well above its size. Within 23507 specifically, you're in a pocket where daily errands happen on foot, weekend mornings start at a neighborhood café, and the waterfront is never far. Those comparing homes for sale in 23507 will notice that this zip code consistently offers a density of walkable amenities and historic character that newer suburban corridors simply can't replicate.

What's nearby

Daily life flows easily from 324 Colonial Ave. Harris Teeter is half a mile away for full grocery runs, and TASTE at 0.8 miles rounds out specialty shopping. Coffee is practically at your doorstep — Grand Grounds and EspressOasis are both within two blocks, with a 7-Eleven another few minutes on foot. Press 626 Wine Bar is essentially next door, The Retreat Cafe is 0.2 miles away, and Subway covers quick lunches at 0.3 miles. For fitness, Blocker Norfolk Family YMCA and Fit Co are both under a mile, with Colleywood Cuts at 0.4 miles. The Hague Bulkhead, Raleigh Avenue Playground, and Raleigh Park are all within a tenth of a mile — green space is genuinely steps away.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is a two-minute drive from 324 Colonial Ave, and USCG Base Portsmouth is three minutes out — making this one of the tightest commute windows available for personnel at either installation. VA loan eligibility can make a historic multi-unit property like this one especially compelling; talk to Tom and Dariya about how VA loan options apply to multi-family purchases in Norfolk.

For buyers drawn to character

If you've been searching for a property with genuine history, 324 Colonial Ave delivers — an 1892 multi-unit building on one of Norfolk's most architecturally intact streets. This is the kind of address where the craftsmanship is baked into the walls, not applied as an afterthought. Families comparing homes for sale zoned for Kings Daughters Hosp. Ep. and homes for sale zoned for W.H. Taylor Elementary School will find this block sits within a neighborhood that takes its historic fabric seriously.

More buyer questions

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

Naval Medical Center Portsmouth is approximately a two-minute drive from 324 Colonial Ave, making it one of the closest residential addresses to that installation in the area.

What is the architectural style and age of 324 Colonial Ave?

The building dates to 1892 and reflects the late-Victorian construction style common to Norfolk's historic Ghent-adjacent corridors — solid masonry bones, period detailing, and a scale that fits the tree-lined streetscape.

Is 324 Colonial Ave in a walkable area of Norfolk?

Yes — the address sits within one of Norfolk's most walkable corridors, with parks, coffee shops, a wine bar, and a grocery store all within half a mile, and two additional parks within a tenth of a mile.

What flood zone considerations apply to 324 Colonial Ave?

Flood zone designation for this address is detailed in the FloodRisk tile on this page — review that section and discuss it with your agent before making any decisions.

Where can I find other homes for sale in Norfolk with similar historic character?

The Norfolk homes for sale search on vahome.com lets you filter by year built and property type, so you can compare other pre-1920 multi-unit buildings across the city's historic neighborhoods.

Ready to learn more about 324 Colonial Ave? Tom and Dariya Milan know this Norfolk corridor well — reach out and let's walk through what this address means for you.

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

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

Norfolk$1.4M – $1.9M

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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 510104

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

Explore this neighborhood

Ghent

Ghent is a historic neighborhood in Norfolk, Virginia, known for its tree-lined streets and early 20th-century architecture.

$280K

Median sale · 12 mo

$230

Sold $/sq ft

28d

Days on market

50

For sale now

$83K

HH income

31.7%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Ghent
Map of Ghent with neighborhood boundaryNeighborhood

browse Norfolk listings

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/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

198% of $833,600

City assessment record · taxes $10,253/yr

Land share of assessed value

22% — $184,100

Improvements $649,500 · assessor record ✓

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

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

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

98% above assessment

Total Assessed

$833,600

Land

$184,100

Improvement

$649,500

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

27 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

Is 324 Colonial Ave in a good school zone?+
The assigned zones on the listing record are Walter Herron Taylor Elementary, Blair Middle (VaHome School Score 3.5/10), Maury (VaHome School Score 3.8/10). 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

Brokered by 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.

324 Colonial Ave, Norfolk — photo

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.