Home/Virginia/Portsmouth/PORT NORFOLK/401 Maryland AVE, PORTSMOUTH VA 23707
401 Maryland AVE, PORTSMOUTH VA 23707 - Main photo
401 Maryland AVE, PORTSMOUTH VA 23707 - Photo 2
Coming Soon
Active
Under Contract
Sold

162 days on market

$1,075,000

401 Maryland Ave

Portsmouth, Virginia 23707

MLS# 10610808 · PORT NORFOLK · Portsmouth VA

Updated Apr 30, 2026 · Source: REIN MLS

Est. payment

$6,600/mo

Edit below

Price / sq ft

$0

0 sq ft

Days on market

162

HOA

None

Year built

1985

41 yrs old

Beds

0

Full Baths

0

Half Baths

0

Sq Ft

0

Garage

No

Apartments 3+2 StorySingle Family

Schools

Info provided by GreatSchools

About this home

Nicely updated brick building featuring ten 1-bedroom apartments, each approx. 724 sq ft with large, flexible rooms. Current layouts offer spacious 1BR living, but the generous square footage provides a potential value-add path to convert to 2-bedroom units (subject to zoning and approvals), creating strong upside in both rent and property value. Renovations include modern finishes, refreshed kitchens/baths, and clea…

Listed by Christian Phillips · Inlet Realty

Location & Neighborhood

Location & Street View

401 Maryland AVE, Portsmouth

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

Looking up FEMA flood zone…

Property Details

Bedrooms

0

Full Baths

0

Half Baths

0

Approx Sq Ft

0

Stories

2

Fireplaces

0

Flooring

Laminate/LVP

Heating

Heat Pump W/A,Programmable Thermostat

Cooling

Central Air

Laundry

Interior Features

N/A

Sale & Tax History

List Price

$1,075,000

Price / Sq Ft

$0

Annual Taxes

$8,503

Monthly Tax

$709

HOA

None

Tax Rate (effective)

0.79%

Sale Timeline (this listing)

EventDatePriceDetail
ListedNov 28, 2025$1,075,000
Currently listed$1,075,000

Public-Records Assessment

Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 8, 2026.

49% above assessment

Total Assessed

$722,400

Land

$180,000

Improvement

$542,400

Parcel ID: 01340280 · View on city GIS portal

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:

Portsmouth 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.

About buying in Portsmouth

Portsmouth combines historic naval heritage with affordable, character-rich neighborhoods. Olde Towne Portsmouth offers tree-lined streets of restored 18th- and 19th-century homes with sweeping Elizabeth River views — one of the largest collections of pre-Revolutionary architecture in the country. Churchland, Cradock, and West Park View provide established family neighborhoods at price points well below comparable Norfolk or Virginia Beach properties. The city is home to Norfolk Naval Shipyard, one of the Navy's oldest and largest, ensuring consistent demand from civilian shipyard workers and active-duty Navy personnel.

See more Portsmouth homes for sale →

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.

Estimate your monthly payment

$6,600/mo

Principal & interest

$5,578

Property tax

$709

Home insurance

$314

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 Inlet Realty · MLS# 10610808

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

OFF MARKET

$1,075,000

401 Maryland AVE, PORTSMOUTH VA 23707

Portsmouth, Virginia 23707

Request Info

Quick Facts

TypeApartments 3+
Year Built1985
Lot Size
Taxes$8,503/yr
HOANone
HeatingHeat Pump W/A,Programmable Thermostat
CoolingCentral Air

Schedule a tour

In-person or video

Click a day to pick a time