11 days on market
$260,000
1418 Richmond Ave
Portsmouth, Virginia 23704
MLS# 10633644 · PRENTIS PARK · Portsmouth VA
Updated 3 days ago · Source: REIN MLS
Est. payment
$1,649/mo
Edit below
Price / sq ft
$127
2,048 sq ft
Days on market
11
New listing
HOA
None
Year built
1962
64 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
2,048
Garage
N/A
Schools
- ElementaryBrighton Elementary School5/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Opportunity meets flexibility with this updated duplex in the heart of Portsmouth! Featuring two units, this property is perfect for an owner-occupant looking to live in one side while offsetting the mortgage by renting the other, or for an investor seeking a turnkey addition to their portfolio. Major updates include new siding and water heaters in 2023, plus a roof replacement in 2020. Both units have also been cosm…
Listed by Chris Lloyd · Coast to Coast Real Estate Inc
VaHome Team property overview
1418 Richmond Avenue is a 2,048-square-foot multi-family property built in 1962, sitting in Portsmouth's Prentis Park neighborhood just minutes from Norfolk Naval Shipyard and Naval Medical Center Portsmouth. It's a rare find for buyers who want strong proximity to two major installations in an established city neighborhood.
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Why this home stands out
What sets 1418 Richmond Avenue apart is its near-unmatched access to two of Hampton Roads' largest military installations — Norfolk Naval Shipyard is roughly a two-minute drive, and Naval Medical Center Portsmouth is about three minutes away. Combined with over 2,000 square feet of living space in a multi-family configuration, this 1962-built property offers flexibility that single-family homes in the area simply can't match.
PRENTIS PARK and the Portsmouth real estate market
Prentis Park is one of Portsmouth's established mid-century neighborhoods, where tree-lined streets and brick construction from the 1950s and 1960s give the area a grounded, lived-in character. The blocks here are walkable, the lots are generous for an urban setting, and neighbors tend to put down roots. Portsmouth itself sits at the heart of Hampton Roads, bordered by the Elizabeth River and connected to Norfolk by bridge-tunnel. It's a city with real history — from its colonial-era roots to its identity as a working waterfront — and Prentis Park reflects that durability. While some buyers searching for an outer banks home for sale eventually discover that Portsmouth offers comparable coastal proximity with far more urban convenience, those already familiar with the area know exactly what they're getting: a well-located, no-nonsense neighborhood in a city that rewards buyers who look past the surface.
What's nearby
Day-to-day errands are easy from 1418 Richmond Avenue. Martha's Mini Mart is just 0.2 miles away for quick stops, and Old Towne Market Place is under a mile for broader grocery runs. When you're ready to eat, Vickie's Convenience & Deli Subs, China Ocean, and America's Best Wings are all within 0.6 miles. Coffee is covered by the 7-Eleven and McDonald's nearby, with Cure a short walk away for a sit-down option. Fitness options are plentiful — the Effingham Street Family YMCA is 0.6 miles out, Brikhouse Boxing and Fitness is 0.7 miles, and Callaghan Gym and Fitness Center is a mile away. Scotts Creek Park, Turnpike Park, and Lansing Park are all within a short walk for outdoor time.
For different buyers
For military families relocating
For active-duty personnel and their families, the location of 1418 Richmond Avenue is hard to beat. Norfolk Naval Shipyard is literally two minutes away, and Naval Medical Center Portsmouth is three. That kind of commute changes daily life — less time in traffic, more time at home. BAH in this zip code aligns well with Portsmouth's price points, and VA loan eligibility makes multi-family properties like this one especially worth a close look.
For families upgrading
With 2,048 square feet of space in a multi-family layout, 1418 Richmond Avenue gives upgrading families room to breathe and flexibility to use the property on their own terms. Prentis Park's established streetscape, walkable parks, and easy access to Portsmouth's amenities make it a practical upgrade from tighter city quarters — without sacrificing the urban convenience most families don't want to give up.
Frequently asked questions
How far is 1418 Richmond Avenue from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a two-minute drive from 1418 Richmond Avenue, making it one of the closest residential addresses to the base in all of Portsmouth.
How far is 1418 Richmond Avenue from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is about three minutes by car — a genuinely short commute that's hard to find at this distance from a major military medical installation.
What is the property type at 1418 Richmond Avenue?
1418 Richmond Avenue is classified as a multi-family residential property, offering over 2,000 square feet of space built in 1962 in Portsmouth's Prentis Park neighborhood.
Is 1418 Richmond Avenue in a flood zone?
Flood zone information for 1418 Richmond Avenue is available through the property's dedicated FloodRisk tile, which pulls current FEMA map data for this specific address.
Are there parks near 1418 Richmond Avenue?
Yes — Scotts Creek Park is 0.5 miles away, Turnpike Park is 0.6 miles, and Lansing Park is 0.7 miles, giving you multiple outdoor options within easy walking distance.
Curious about 1418 Richmond Avenue? Tom and Dariya Milan at LPT Realty know Prentis Park and Portsmouth inside and out — reach out and get your questions answered today.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
1418 Richmond 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
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
2,048
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$260,000
Price / Sq Ft
$127
Annual Taxes
$2,683
Monthly Tax
$224
HOA
None
Tax Rate (effective)
1.03%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 8, 2026 | $260,000 | — |
| Currently listed | — | $260,000 | — |
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:
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.
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
$1,649/moPrincipal & interest
$1,349
Property tax
$224
Home insurance
$76
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 Coast to Coast Real Estate Inc · MLS# 10633644
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$260,000
1418 Richmond AVE, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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