1 days on market
$599,900
40 Rader St #504
Norfolk, Virginia 23510
MLS# 10635681 · DOWNTOWN AREA · Norfolk VA
Updated 17 hours ago · Source: REIN MLS
Est. payment
$3,918/mo
Edit below
Price / sq ft
$266
2,257 sq ft
Days on market
1
New listing
HOA
None
Year built
1918
108 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
2,257
Garage
No
Schools
- ElementaryW.H. Taylor Elementary School8/10
- MiddleBlair Middle School4/10
- —
Info provided by GreatSchools
About this home
Rise above the ordinary in this breathtaking two-level penthouse where shimmering water and the glittering Norfolk skyline form a backdrop unlike any other. From sunrise over the harbor to the city lights dancing across the water at dusk, Unit 504 at The Pier offers a rare opportunity to own one of Norfolk's most coveted waterfront and skyline views — a residence where luxury, design, and effortless living converge.…
Listed by Roger Lee · Creed Realty
VaHome Team property overview
A 3-bedroom, 2.1-bath condo spanning 2,257 square feet in a 1918 building at the heart of Norfolk's Downtown Area — where a dog park sits right outside your door, two military bases are minutes away, and the city's best dining is a short stroll.
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Why this home stands out
Units this size in a century-old Downtown Norfolk building are genuinely rare. At 2,257 square feet, 40 Rader Street #504 gives you the kind of square footage most buyers associate with a detached home, wrapped in the architectural character of a 1918 structure. Add in three bedrooms, two and a half baths, and an address that puts Ben White Dog Park literally at street level, and you have a combination that's hard to replicate anywhere else in the city.
DOWNTOWN AREA and the Norfolk real estate market
The Downtown Area is Norfolk's most walkable, most layered neighborhood — a place where converted historic buildings share blocks with independent restaurants, waterfront green space, and a cultural calendar that never really goes quiet. Living here means you're embedded in the city rather than commuting to it. Whether you're browsing what houses for sale in norfolk look like across different neighborhoods or you've already zeroed in on downtown, this pocket of the city consistently draws buyers who want density, character, and convenience in one address. Norfolk itself is the anchor of Hampton Roads — home to the world's largest naval station, a thriving arts scene, and a waterfront that stretches from the Elizabeth River to the Chesapeake Bay. The Downtown Area sits near the center of all of it, with easy access to I-264, the Tide light rail, and the broader Hampton Roads highway network.
What's nearby
Step outside and Ben White Dog Park is essentially your front yard, with Bea Arthur Dog Park just a block further and Smith Creek green space equally close. Cure Coffeehouse is 0.2 miles away for your morning routine, and Marley's @ the Y! and Zinnia Cafe & Events offer solid backup options within half a mile. Dinner options are just as convenient — The Restaurant at Four Eleven York and Sirens Subs are both 0.2 miles out. For groceries, Mercato Di Grazia, Macarthur General Store, and Amale Tre Focacceria & Italian Deli are all within 0.7 miles. Fitness is covered by the Blocker Norfolk Family YMCA at 0.4 miles, Jim White Fitness & Nutrition Studios, and Gym Downtown.
For different buyers
For military families relocating
Naval Medical Center Portsmouth is roughly a one-minute drive from 40 Rader Street, and USCG Base Portsmouth is about three minutes out — making this one of the shortest base commutes available anywhere in Hampton Roads. For active-duty households using a VA loan or calculating BAH against a downtown address, the math on a unit this size in this location is worth a close look.
For buyers drawn to character
If what you're after is a home with genuine history — not a new build designed to look old — a 1918 structure in the heart of downtown Norfolk delivers that in a way that can't be replicated. Over 2,200 square feet of living space inside a building that predates most of the city's modern development, steps from dog parks, independent coffee shops, and some of the neighborhood's most interesting dining.
Frequently asked questions
How far is 40 Rader ST #504 from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is approximately a one-minute drive from this address, making it one of the closest residential options to that installation in the entire Hampton Roads area.
How far is 40 Rader ST #504 from USCG Base Portsmouth?
USCG Base Portsmouth is about three minutes by car, a notably short commute for active-duty Coast Guard personnel looking for a downtown Norfolk address.
What is the flood zone status for 40 Rader ST #504?
Flood zone designation for this property is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the address.
Is there a dog park near 40 Rader ST #504?
Yes — Ben White Dog Park is essentially at the building's doorstep, and Bea Arthur Dog Park is just 0.1 miles away, making this one of the most dog-friendly addresses in downtown Norfolk.
Does 40 Rader ST #504 have an HOA?
This is a condominium unit, so a homeowners association is in place; specific fee details and what the HOA covers are best confirmed through the current property disclosures.
Ready to walk through 40 Rader Street #504 in person? Tom and Dariya Milan at LPT Realty know the Downtown Area well — reach out and let's set up a showing.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
40 Rader ST #504, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
2,257
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer, Microwave, Elec Range, Refrigerator, Washer
Sale & Tax History
List Price
$599,900
Price / Sq Ft
$266
Annual Taxes
$7,561
Monthly Tax
$630
HOA
None
Tax Rate (effective)
1.26%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 19, 2026 | $599,900 | — |
| Currently listed | — | $599,900 | — |
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 Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
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
$3,918/moPrincipal & interest
$3,113
Property tax
$630
Home insurance
$175
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 Creed Realty · MLS# 10635681
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$599,900
40 Rader ST #504, NORFOLK VA 23510
Norfolk, Virginia 23510
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