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Norfolk › DOWNTOWN AREA › 435 Monticello Ave #300c✓ Source: REIN MLS #10644320 · record updated Sep 17, 2026 · synced every 2 min · your inquiry is never resold
435 Monticello AVE #300C, NORFOLK VA 23510 - Main photo
435 Monticello AVE #300C, NORFOLK VA 23510 - Photo 2
435 Monticello AVE #300C, NORFOLK VA 23510 - Photo 3
435 Monticello AVE #300C, NORFOLK VA 23510 - Photo 4
435 Monticello AVE #300C, NORFOLK VA 23510 - Photo 5
1beds
1.1baths
1,132sqft
61days on market

435 Monticello Ave #300c, Norfolk, VA 23510

ActiveResidential · built 1920 · DOWNTOWN AREA

Facts & features

Type

Residential

Year built

1920

Price / sqft

$186

Condo fee

$540/mo

Taxes

$3,403/yr

County

Norfolk VA

MLS #

10644320

Condo association includes

ElevatorSecuritySewerTrash PickupWater

$540/mo condo fee · WELTON LOFTS CONDOMINIMUM ASSOCIATION · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
1
Full baths
1
Half baths
1
Approx. sqft
1,132
Stories
1
Flooring
Ceramic, Concrete
Ensuite bedrooms
1
Total rooms
5
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer, Washer Hookup

Construction & exterior

Style
Mid Rise
Subtype
Attached
Foundation
Slab
Roof
Poly Skin
Exterior
Brick
Pool
No Pool

Utilities & systems

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

Lot, parking & ownership

Lot size
0.0111
Subdivision
DOWNTOWN AREA
Unit / floor
3
Zoning
D-3
Ownership
Condo
Garage
No
Parking
Off Street
Possession
SETTLEMENT
Disclosures
Short/Comp Sale

See more Norfolk condos & townhomes.

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

About this home

PRIME NORFOLK LOCATION - INCOME-PRODUCING PROPERTY Conveniently located near the SCOPE Arena, The NorVa, and the Chrysler Museum of Art, this completely renovated 1,180-square-foot unit delivers immediate $2,250/month cash flow. Offered at $250,000, this turnkey investment features a reliable tenant currently in place on a flexible month-to-month agreement, providing an excellent opportunity for rental income from day one with future lease flexibility. The property has been fully updated with brand-new floors, paint, and finishes throughout, and includes a well-maintained HVAC system on a regular service plan along with one dedicated parking space. Positioned in a premium downtown location, this property ensures strong long-term rental demand in the heart of Norfolk's entertainment district. With zero additional investment needed, the property is move-in ready and generating revenue from the moment you close. The motivated seller is looking for a smooth transaction. This is an outstanding opportunity to add income and a highly desirable asset to your portfolio in one of Norfolk's most sought-after rental markets. Contact us today to learn more!

Listing courtesy of Eugene Shull · KW Metro Center · REIN MLS #10644320

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 435 Monticello Ave #300C, a one-bedroom condo in downtown Norfolk steps from restaurants, coffee shops, and green space. Built in 1920, this urban home puts you minutes from Naval Medical Center Portsmouth. Walk to work, walk to lunch, walk to play.

Read the full overview ↓

Why this home stands out

This is a rare downtown condo with genuine walkability. You're steps from The Vhault, Chichos, and Bonchon Norfolk for dinner. The Campus Café and aLatte Cafe are around the corner. Reading Garden park sits practically at your door. No car required for daily life—a genuine urban lifestyle in the heart of Norfolk homes for sale.

DOWNTOWN AREA and the Norfolk real estate market

Downtown Norfolk is alive with energy and convenience. Tree-lined blocks mix restored historic buildings with modern apartments and shops. You'll find independent groceries like Macarthur General Store and Mercato Di Grazia within a two-minute walk. The neighborhood pulses with restaurants, cafes, and fitness studios—Gym Downtown, Jim White Fitness, and Furry Friends Yoga are all nearby. Reading Garden and College Plaza offer green space and community gathering spots. Norfolk itself sits at the crossroads of Hampton Roads, with easy access to the waterfront and beyond. Anyone comparing homes for sale in Norfolk will find downtown offers a lifestyle built for walking, not driving. The 23510 zip code puts you in one of the city's most walkable neighborhoods.

What's nearby

Groceries are steps away: Macarthur General Store and Mercato Di Grazia sit less than two blocks out. Amale Tre Focacceria & Italian Deli is a short walk for lunch fixings. Restaurants surround you—The Vhault, Chichos, and Bonchon Norfolk are all within the building's footprint or one block over. Coffee runs are effortless: The Campus Café, aLatte Cafe, and Tropical Smoothie Cafe are all immediate. Fitness options include Gym Downtown, Jim White Fitness & Nutrition Studios, and Furry Friends Yoga. Parks dot the neighborhood: Reading Garden is right here, with College Plaza and Granby Street Public Parklet nearby.

For different buyers

Base commute and VA loan notes

Naval Medical Center Portsmouth is two minutes away—a commute that leaves your day open. USCG Base Portsmouth is equally close. VA loan financing is common in this zip code. The urban layout means no long drives, no sitting in traffic before your shift starts. Downtown living cuts your commute stress in half.

Room to grow

One bedroom and a full bath fit efficiently into 1,132 square feet of urban living space. The 1920 vintage bones and downtown location offer character and walkability that larger suburban homes can't match. You're steps from Gym Downtown and fitness studios for an active lifestyle. Reading Garden and College Plaza provide outdoor space without yard maintenance.

More buyer questions

How far is 435 Monticello Ave from Naval Medical Center Portsmouth?

About two minutes by car or a short walk depending on your exact route. The base is practically a neighbor.

What grocery stores are within walking distance?

Macarthur General Store and Mercato Di Grazia are both less than two blocks away. Amale Tre Focacceria & Italian Deli is also nearby for specialty items.

Are there restaurants and cafes nearby?

Yes—The Vhault, Chichos, and Bonchon Norfolk are all in or immediately adjacent to the building. The Campus Café, aLatte Cafe, and Tropical Smoothie Cafe are steps away.

Is there green space in downtown Norfolk?

Reading Garden sits right at the property, and College Plaza and Granby Street Public Parklet are a short walk away. Downtown offers more outdoor access than many expect.

What schools are nearby if you're comparing homes for sale zoned for W.H. Taylor Elementary School or homes for sale zoned for Kings Daughters Hosp. Ep.?

Check the Schools tile on this listing for zoning details and school information specific to this address in homes for sale in 23510.

Ready to explore downtown living? Reach out to learn more about this walkable Norfolk condo and schedule a tour 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 – $245K1+ beds

By subscribing you agree to receive listing emails from Tom & Dariya Milan, Realtors, at most one a day. Unsubscribe anytime · Privacy PolicyBrokered by LPT Realty

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 X · outside the high-risk area · FIRM 510104

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510104

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

8.7 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Downtown Newport News neighborhood of Norfolk. Norfolk real estate →

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

$1,434/mo

Principal & interest

$1,090

Property tax

$284

Home insurance

$61

PMI

None

HOA/Condo (paid separately)

$540

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

28% of $741,400

City assessment record · taxes $3,403/yr

Land share of assessed value

18% — $132,700

Improvements $608,700 · assessor record ✓

Price context — similar nearby homes

$240,000 – $303,000

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 Saint Pauls BLVD #509 · 0.3 mi · 1,113 sqft$274,000 sold 2026-03
415 Saint Pauls BLVD #403 · 0.3 mi · 1,100 sqft$240,000 sold 2026-09
415 Saint Pauls BLVD #202 · 0.3 mi · 1,085 sqft$255,000 sold 2026-03

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

$186

Annual Taxes

$3,403

Monthly Tax

$284

Condo fee

$540 / mo

Tax Rate (effective)

1.62%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJul 19, 2026$210,000—
Price reducedSep 3, 2026$210,000−$5,000
Currently listed—$210,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

72% below assessment

Total Assessed

$741,400

Land

$132,700

Improvement

$608,700

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

61 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 435 Monticello Ave #300c 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 435 Monticello Ave #300c in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 435 Monticello Ave #300c?+
Yes — Furry Friends Yoga is about 0 miles away, per the cached nearby-places record for this address.
Are there parks near 435 Monticello Ave #300c?+
Downtown Dog Park is about 0 miles away.
Where is the nearest grocery store to 435 Monticello Ave #300c?+
Amale Tre Focacceria & Italian Deli is about 0 miles away. The closest dining on record is CM Chicken Norfolk (0 mi).
Does 435 Monticello Ave #300c 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 WELTON LOFTS CONDOMINIMUM ASSOCIATION. Association amenities on record include: Elevator, Security, Sewer, Trash Pickup, Water.
When was 435 Monticello Ave #300c built?+
It was built in 1920, 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 Eugene Shull · KW Metro Center · REIN MLS #10644320

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.

435 Monticello Ave #300c, Norfolk — photo

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

Call or text (757) 777-7577

435 Monticello Ave #300c, Norfolk, Virginia 23510 · MLS #10644320 · 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.

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