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NorfolkCOLONIAL PLACE418 Delaware Ave #205✓ Source: REIN MLS #10651994 · record updated Sep 15, 2026 · synced every 2 min · your inquiry is never resold
418 Delaware AVE #205, NORFOLK VA 23508 - Main photo
418 Delaware AVE #205, NORFOLK VA 23508 - Photo 2
418 Delaware AVE #205, NORFOLK VA 23508 - Photo 3
418 Delaware AVE #205, NORFOLK VA 23508 - Photo 4
418 Delaware AVE #205, NORFOLK VA 23508 - Photo 5
2beds
2baths
1,025sqft
13days on market

418 Delaware Ave #205, Norfolk, VA 23508

ActiveResidential · built 1988 · COLONIAL PLACE

Facts & features

Type

Residential

Year built

1988

Price / sqft

$205

Condo fee

$379/mo

Taxes

$2,027/yr

County

Norfolk VA

MLS #

10651994

Interior

Bedrooms
2
Full baths
2
Approx. sqft
1,025
Stories
1
Flooring
Carpet, Laminate/LVP
First-floor bed & full bath
Yes
Total rooms
5
Appliances
Dishwasher, Microwave, Range, Refrigerator

Construction & exterior

Style
Other
Subtype
Attached
Foundation
Slab
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool

Utilities & systems

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

Lot, parking & ownership

Lot size
0.0300
Subdivision
COLONIAL PLACE
Unit / floor
2
Ownership
Condo
Garage
No
Parking
1 Space
Possession
SETTLE
Disclosures
Disclosure Statement, Owner Agent

See more Norfolk condos & townhomes.

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

About this home

Beautifully updated and move-in ready Condo that has an open floor plan! Updated kitchen to include New stainless steel appliances and new granite countertops! NEW HVAC unit. New hot water heater. Luxury vinyl plank floors throughout. Updated fixtures throughout, fresh neutral paint! Public boat ramp at the end of the street and dog park across the street. ODU, EVMS, Norfolk Naval station and several eateries nearby! Move in stay for a few years and then rent it out and keep it in your portfolio.

Listing courtesy of Kenneth Foster · COVA Home Realty · REIN MLS #10651994

Tom & Dariya's overview

Our read on this home

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

At a glance

418 Delaware Ave #205 is a two-bedroom, two-bath condo in Norfolk's Colonial Place neighborhood, offering 1,025 square feet of comfortable living just minutes from Naval Medical Center Portsmouth, Lafayette Park, and a walkable stretch of restaurants and green space.

Read the full overview ↓

Why this home stands out

What sets this Colonial Place condo apart is the combination of a tight-knit, tree-lined neighborhood feel with genuine urban convenience. Built in 1988 and sitting on a compact 0.0258-acre footprint, the two-story unit puts Lafayette Park literally steps away, two military installations under ten minutes by car, and a rotating cast of local restaurants within a short walk — all without the upkeep demands of a detached home.

COLONIAL PLACE and the Norfolk real estate market

Colonial Place is one of Norfolk's most beloved in-city neighborhoods — the kind of address where mature trees line the sidewalks, neighbors actually know each other, and weekend mornings tend to involve a walk to Lafayette Park rather than a drive anywhere. The neighborhood sits in the heart of Norfolk, bounded by the Lafayette River to the south and Granby Street's commercial corridor to the east, giving residents an easy blend of quiet residential streets and city-level amenities. Families comparing homes for sale in Norfolk often land here because the neighborhood balances character and convenience in a way that newer suburban developments rarely match. Colonial Place has a genuine identity: community gardens, the Colonial Place Greenway, and a park system that functions as the neighborhood's living room. Norfolk itself is a city that rewards people who explore it — from the Ghent arts district to the waterfront, there's always something going on, and Colonial Place puts you close to all of it.

What's nearby

Daily life is remarkably easy from 418 Delaware Ave #205. African Village Restaurant is 0.1 miles away — practically next door — and MJ's Tavern and Lo Mo Pizzeria are both within a 0.3-mile walk for casual evenings out. Lafayette Park and City Park are each 0.1 miles away, with tennis courts on-site and the Colonial Place Greenway just 0.3 miles further for longer strolls. The YMCA on Granby (0.5 mi) and Sky's The Limit Yoga Co (0.7 mi) cover fitness needs, while Watergate 5 (0.7 mi) handles grocery runs. The Cage Kids Cafe and House of Consciousness/Jikoni Cafe round out the neighborhood's café culture within a short ride.

For different buyers

For military families relocating

Naval Medical Center Portsmouth is a six-minute drive from this address, and USCG Base Portsmouth is just seven minutes away — making #205 a practical choice for service members assigned to either installation. VA loan eligibility can stretch further in a condo-style purchase, and the low-maintenance format means deployments don't leave a long to-do list behind. The neighborhood is stable, walkable, and genuinely welcoming to military households.

For first-time buyers

If you're weighing homes for sale in 23508 for the first time, a two-bedroom, two-bath condo in Colonial Place is a strong entry point. You get 1,025 square feet of dedicated space, two full bathrooms, and a neighborhood with real walkability — all without the yard work and exterior maintenance of a detached home. Lafayette Park is steps away, local restaurants are within walking distance, and the commute math to both nearby bases works out cleanly.

More buyer questions

How far is 418 Delaware Ave #205 from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately six minutes by car from this address, making it one of the closest residential options in Norfolk for personnel assigned there. USCG Base Portsmouth is just a minute further at roughly seven minutes.

What parks are within walking distance of 418 Delaware Ave #205?

Lafayette Park and City Park are both 0.1 miles away — essentially at the end of the block — and the Colonial Place Greenway is 0.3 miles away for longer walks or bike rides. Tennis courts at Lafayette Park are also available without getting in a car.

Is 418 Delaware Ave #205 in an HOA?

Yes, the property is part of a condominium association. Specific HOA details, including what the association covers, are best confirmed with current listing documentation or directly with the association.

What is the flood zone status for 418 Delaware Ave #205?

Flood zone designation for this address is displayed in the FloodRisk tile on this page. Buyers should review that information and consult with their lender or insurance agent about flood insurance requirements.

Where can families find Norfolk homes for sale zoned for specific schools near Colonial Place?

Families comparing homes for sale zoned for Kings Daughters Hosp. Ep. or homes for sale zoned for James Monroe Elementary School can browse the dedicated school zone pages linked from this site. School zoning boundaries are set by Norfolk Public Schools and should always be verified directly with the district before purchase.

Curious whether 418 Delaware Ave #205 fits your timeline and goals? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail — reach out today.

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

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

Norfolk$175K – $245K2+ beds

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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 AE · base flood elevation 8 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

Explore this neighborhood

Colonial Place

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

$405K

Median sale · 12 mo

$227

Sold $/sq ft

15d

Days on market

15

For sale now

$85K

HH income

56.4%

Owner-occupied

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

Explore Colonial Place
Map of Colonial Place with neighborhood boundaryNeighborhood

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

$1,320/mo

Principal & interest

$1,090

Property tax

$169

Home insurance

$61

PMI

None

HOA/Condo (paid separately)

$379

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

105% of $199,700

City assessment record · taxes $2,027/yr

Land share of assessed value

11% — $22,600

Improvements $177,100 · assessor record ✓

Price context — similar nearby homes

$210,000$267,500

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.

230 College PL ##215 · 2.3 mi · 1,021 sqft$267,500 sold 2026-08
415 E Freemason ST #3A · 2.3 mi · 1,026 sqft$210,000 sold 2026-03
230 W Tazewell ST #103 · 2.4 mi · 1,033 sqft$240,000 sold 2026-09

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

Sale & Tax History

List Price

$210,000

Price / Sq Ft

$205

Annual Taxes

$2,027

Monthly Tax

$169

Condo fee

$379 / mo

Tax Rate (effective)

0.97%

Sale Timeline (this listing)

EventDatePriceDetail
ListedSep 2, 2026$210,000
Currently listed$210,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

5% above assessment

Total Assessed

$199,700

Land

$22,600

Improvement

$177,100

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

13 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 418 Delaware Ave #205 in a good school zone?+
The assigned zones on the listing record are James Monroe Elementary (VaHome School Score 3.5/10), 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 418 Delaware Ave #205 in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 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.
Does 418 Delaware Ave #205 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 Lafayette Cove Condominiums.
When was 418 Delaware Ave #205 built?+
It was built in 1988, 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 Kenneth Foster · COVA Home Realty · REIN MLS #10651994

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

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418 Delaware Ave #205, Norfolk — photo

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418 Delaware Ave #205, Norfolk, Virginia 23508 · MLS #10651994 · 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.