8 days on market
$650,000
367 Middle St
Portsmouth, Virginia 23704
MLS# 10638682 · OLDE TOWNE · Portsmouth VA
Updated Jun 19, 2026 · Source: REIN MLS
Est. payment
$4,178/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
8
New listing
HOA
None
Year built
1852
174 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryPark View Elementary School5/10
- MiddleChurchland Middle School5/10
- 2/10
Info provided by GreatSchools
About this home
Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Portsmouth's highly sought-after Olde Towne Historic District.? The property consists of two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base.? Positioned in one of Hampton Roads' most walkable and desirable neighborhoods, the property is just blocks f…
Listed by Alex Winfield · Coastal Group Inc.
VaHome Team property overview
367 Middle Street is a multi-unit property in the heart of historic downtown Portsmouth, Virginia, built in 1852 — making it one of the older surviving structures in a city celebrated for its 18th- and 19th-century architectural heritage. It sits within walking distance of both USCG Base Portsmouth and Naval Medical Center Portsmouth.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 367 Middle Street apart is its age. Buildings from 1852 are rare anywhere in Hampton Roads, and rarer still when they're standing on an active, walkable city block rather than behind a velvet rope. This address puts you inside Portsmouth's historic core — not just near it — where Greek Revival and Italianate facades line the same streets they did before the Civil War.
OLDE TOWNE and the Portsmouth real estate market
Middle Street runs through the oldest part of Portsmouth, Virginia, a city that predates the American Revolution and still wears that history openly. The blocks around 367 Middle Street are part of the Olde Towne Portsmouth historic district, a walkable grid of brick sidewalks, gas-style lanterns, and 18th- and 19th-century architecture that draws preservationists and history enthusiasts from across the region. Portsmouth sits on the western bank of the Elizabeth River, directly across from downtown Norfolk, and the two cities are connected by the Passenger Ferry — a short, scenic crossing that functions as a genuine commuter option. Within Portsmouth itself, the waterfront is close, the dining scene along High Street is within easy reach, and the overall pace of Olde Towne rewards people who like to walk to things. This is a city with real bones, and Middle Street sits right at the center of them.
What's nearby
Day-to-day life from 367 Middle Street is remarkably self-contained. USCG Base Portsmouth is essentially at the end of the block — a one-minute drive or a short walk. Naval Medical Center Portsmouth is equally close, making this address one of the few in Hampton Roads where two major installations are both within a minute of the front door. The Olde Towne waterfront, the Portsmouth Passenger Ferry terminal, and the dining and coffee options along High Street and Crawford Street are all within comfortable walking distance. For larger grocery runs and retail, Downtown Norfolk is a ferry ride away.
For different buyers
For military families relocating
If you're attached to USCG Base Portsmouth or Naval Medical Center Portsmouth, it's hard to imagine a more convenient address than 367 Middle Street. Both installations are roughly one minute away — a commute that barely registers. For service members weighing a VA loan and wanting to eliminate the daily drive entirely, this location is genuinely difficult to beat in all of Hampton Roads.
For buyers drawn to character
A building from 1852 isn't just old — it's a document. Every layer of paint, every wide-plank floor, every thick masonry wall at 367 Middle Street carries 170-plus years of Portsmouth history. If you're the kind of buyer who finds a certificate of occupancy from the 1850s more compelling than a granite countertop upgrade, this address was built — literally — for you.
Frequently asked questions
How far is 367 Middle Street from USCG Base Portsmouth?
USCG Base Portsmouth is approximately one minute from 367 Middle Street by car, and the base entrance is within walking distance depending on which gate you use. It's one of the closest residential addresses to that installation in the city.
How far is 367 Middle Street from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is also roughly one minute away — the two installations essentially bracket this part of downtown Portsmouth, making 367 Middle Street exceptionally convenient for personnel attached to either command.
What is the Olde Towne Portsmouth historic district?
Olde Towne Portsmouth is one of the largest and best-preserved urban historic districts in Virginia, encompassing hundreds of structures from the 18th and 19th centuries. The district is listed on the National Register of Historic Places and is known for its walkable streetscape and architectural variety.
Is 367 Middle Street in a flood zone?
Portsmouth's proximity to the Elizabeth River and the Chesapeake Bay means flood zone status varies block by block in this part of the city. Check the dedicated FloodRisk tile on this page for the specific designation assigned to 367 Middle Street.
Can you use a VA loan to purchase a multi-unit property like 367 Middle Street?
VA loans can be used to purchase multi-unit properties of up to four units, provided the buyer intends to occupy one of the units as a primary residence. A VA loan specialist can confirm eligibility based on the specific configuration of this property and your service status.
Tom and Dariya Milan at LPT Realty know this neighborhood and both nearby installations well. Reach out to get your questions answered and arrange a walkthrough of 367 Middle Street.
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
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$650,000
Price / Sq Ft
$0
Annual Taxes
$7,394
Monthly Tax
$616
HOA
None
Tax Rate (effective)
1.14%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 11, 2026 | $650,000 | — |
| Currently listed | — | $650,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched Jun 19, 2026.
Total Assessed
$596,290
Land
$180,800
Improvement
$415,490
Parcel ID: 00081180
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:
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.
Military Commute
Drive times to nearest basesDrive 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
$4,178/moPrincipal & interest
$3,373
Property tax
$616
Home insurance
$190
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 Coastal Group Inc. · MLS# 10638682
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$650,000
367 Middle ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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