Skip to main content
NorfolkDOWNTOWN AREA40 Rader St #413✓ Source: REIN MLS #10648480 · record updated Aug 10, 2026 · synced every 2 min · your inquiry is never resold
40 Rader ST #413, NORFOLK VA 23510 - Main photo
40 Rader ST #413, NORFOLK VA 23510 - Photo 2
40 Rader ST #413, NORFOLK VA 23510 - Photo 3
40 Rader ST #413, NORFOLK VA 23510 - Photo 4
40 Rader ST #413, NORFOLK VA 23510 - Photo 5
$325,000
$236 / sqft · est. $2,798/mo →
2beds
2baths
1,379sqft
0days on market

40 Rader St #413, Norfolk, VA 23510

New ListingResidential · built 1918 · DOWNTOWN AREA

Chapter · The Water

Life on the water

The waterfront is the reason this home exists. Its water record, straight from the listing: Bulkhead, Deep Water, Dock.

Frontage

Waterfront ✓ VERIFIED

Dock

Dock

Shoreline

Bulkheaded

Access

Deep-water access

Source: REIN MLS listing record · waterfront features as listed

Facts & features

Type

Residential

Year built

1918

Price / sqft

$236

Condo fee

$726/mo

Taxes

$3,492/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10648480

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,379
Stories
1
Flooring
Carpet, Ceramic
First-floor bed & full bath
Yes
Total rooms
4
Other rooms
1st Floor BR, 1st Floor Primary BR, Assigned Storage, Balcony
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
Mid Rise
Subtype
Attached
Foundation
Other
Roof
Other
Exterior
Other
Pool
No Pool
Waterfront
Bulkhead,Deep Water,Dock
Deep-water access
Yes

Utilities & systems

Heating
Electric, Forced Hot Air, Heat Pump
Cooling
Central Air
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
DOWNTOWN AREA
Unit / floor
1
Ownership
Condo
Garage
No
Parking
1 Space, Assigned/Reserved, Lot, Off Street
Possession
CLOSING
Disclosures
Disclosure Statement, Related to Seller

See more Norfolk waterfront homes.

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

About this home

Exquisite waterfront condo, enjoy harbor and city views, with floor to ceiling windows in the primary and common space enhancing this experience. The open floor plan features a contemporary custom kitchen with amazing storage and pantry. The primary bedroom has an en-suite bathroom, a walk-in closet, and an additional storage closet. The secondary bedroom is spacious with a walk-in closet. An additional storage space is also included. One designated parking spot. Mass transit station nearby as well as ferries plying the Elizabeth to historic Portsmouth. Minutes from fine dining, museums, parks, and the interstate, convenient to explore all of Hampton Roads.

Listing courtesy of John Emry · EXIT Realty Central · REIN MLS #10648480

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

A 1,379-square-foot, two-bedroom, two-bath condo in the heart of Norfolk's Downtown Area, built in 1918 and full of historic character. You're one minute from Naval Medical Center Portsmouth and steps from coffee, parks, and some of the city's best dining.

Read the full overview ↓

Why this home stands out

40 Rader Street #413 sits inside a century-old building that gives you genuine architectural bones — high ceilings, thick walls, and the kind of craftsmanship you simply don't find in new construction. At 1,379 square feet, this two-bedroom, two-bath unit offers real room to spread out in a downtown setting. The 1918 construction year means history is baked into every detail, while the location puts you within a short walk of parks, restaurants, and waterfront green space.

DOWNTOWN AREA and the Norfolk real estate market

The Downtown Area of Norfolk is one of the most walkable and culturally layered neighborhoods in all of Hampton Roads. You're surrounded by a genuine urban mix — independent coffee shops, waterfront parks, historic architecture, and a dining scene that punches well above the city's size. Smith Creek is just a tenth of a mile away, and The Pier at Brooke Avenue is two blocks from your door, making it easy to start or end the day near the water. Ben White Dog Park is equally close if you have a four-legged roommate. Norfolk itself is a city with serious momentum — a working waterfront, a thriving arts district, and a deeply rooted military community that gives the city its distinct identity. Living downtown means you're at the center of it all, with easy access to the Elizabeth River, MacArthur Center, and the broader network of neighborhoods that make Norfolk one of the most interesting cities on the East Coast.

What's nearby

Daily life is genuinely easy at 40 Rader Street. Cure Coffeehouse is just 0.3 miles away for your morning routine, and Marley's @ the Y! and Rich Port Coffee are both within a short walk. When it's time to eat, Sirens Subs and The Restaurant at Four Eleven York are right around the corner. Grocery runs are handled by Mercato Di Grazia and MacArthur General Store, both half a mile out. Staying active is just as convenient — the Blocker Norfolk Family YMCA, Riverview Aquatics Center, and Jim White Fitness & Nutrition Studios are all within half a mile, giving you solid options without a long commute to the gym.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is literally one minute away — it doesn't get more convenient than that for medical personnel or their families. USCG Base Portsmouth is three minutes out as well. A VA loan can make this historic downtown condo an especially smart move, and the walkable urban lifestyle means one car can genuinely go a long way in this household.

For buyers drawn to character

If you've been searching for a home with real history, 40 Rader Street #413 delivers. Built in 1918, this condo carries the architectural DNA of early twentieth-century Norfolk — proportions, materials, and details that newer buildings simply can't replicate. Pair that with a downtown address and you have a property that tells a story every single day.

More buyer questions

How far is 40 Rader Street #413 from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately one minute away by car — one of the shortest base commutes you'll find anywhere in Hampton Roads. USCG Base Portsmouth is about three minutes out as well.

What is the flood zone status for 40 Rader Street #413?

Flood zone information for this address is displayed in the FloodRisk tile on this page — check there for the current FEMA designation and what it means for insurance requirements.

Is there a homeowners association at 40 Rader Street #413?

Yes, this condo is part of an HOA. For current fee amounts and what the HOA covers, connect with a real estate professional who can pull the most up-to-date disclosure documents.

What year was 40 Rader Street #413 built?

The building dates to 1918, making it one of the older residential structures in downtown Norfolk. That age typically means solid construction and architectural details — thick walls, generous ceiling heights — that newer buildings rarely match.

Where is the nearest park to 40 Rader Street #413?

Smith Creek is just 0.1 miles away, making it the closest green space. The Pier at Brooke Avenue and Ben White Dog Park are both about 0.2 miles out — an easy walk from the front door.

Ready to see 40 Rader Street #413 in person? Tom and Dariya Milan at LPT Realty know this downtown Norfolk market well — reach out and let's set up a walkthrough.

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

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 AE · base flood elevation 9 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Downtown Newport News neighborhood of Norfolk. homes for sale in Norfolk

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

$2,072/mo

Principal & interest

$1,686

Property tax

$291

Home insurance

$95

PMI

None

HOA/Condo (paid separately)

$726

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

Price context — similar nearby homes

$260,000$350,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

415 St Pauls BLVD #105 · 0.9 mi · 1,298 sqft$303,000 sold 2026-03
301 Brooke AVE #103 · 0.4 mi · 1,642 sqft$342,500 sold 2026-05
111 W Tazewell ST #304 · 0.6 mi · 1,655 sqft$350,000 sold 2026-08

Sale & Tax History

List Price

$325,000

Price / Sq Ft

$236

Annual Taxes

$3,492

Monthly Tax

$291

Condo fee

$726 / mo

Tax Rate (effective)

1.07%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 10, 2026$325,000
Currently listed$325,000

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

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

Questions buyers ask

Is 40 Rader St #413 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 40 Rader St #413 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 9 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 40 Rader St #413?+
Yes — Blocker Norfolk Family YMCA is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 40 Rader St #413?+
Ben White Dog Park is about 0 miles away.
Where is the nearest grocery store to 40 Rader St #413?+
Mercato Di Grazia is about 0.6 miles away. The closest dining on record is The Restaurant at Four Eleven York (0.2 mi).
Is 40 Rader St #413 a waterfront property?+
Yes. The listing record shows: Bulkhead,Deep Water,Dock.
Does 40 Rader St #413 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is The Pier Association.
When was 40 Rader St #413 built?+
It was built in 1918, 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 John Emry · EXIT Realty Central · REIN MLS #10648480

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.

40 Rader St #413, Norfolk — photo

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

Call or text (757) 777-7577

40 Rader St #413, Norfolk, Virginia 23510 · MLS #10648480 · 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.