11 days on market
$415,000
1437 W 40th St
Norfolk, Virginia 23508
MLS# 10633921 · LAMBERTS POINT · Norfolk VA
Updated yesterday · Source: REIN MLS
Est. payment
$2,703/mo
Edit below
Price / sq ft
$148
2,800 sq ft
Days on market
11
New listing
HOA
None
Year built
2008
18 yrs old
Beds
4
Full Baths
2
Half Baths
1
Sq Ft
2,800
Garage
Yes
Schools
- ElementaryLarchmont Elementary School7/10
- MiddleBlair Middle School4/10
- —
Info provided by GreatSchools
About this home
Two story transitional home offering first floor open floor plan. Living, dining area plus family room & open kitchen w/ center island. Second floor has large primary suite w/ jetted tub, separate shower & walk in closet. 3 additional bedrooms & shared bath. Laundry closet is on the 2nd floor. Relax on the front porch or private back deck in large private fenced yard. New HVAC installed April 2026. Conveniently loc…
Listed by Patricia Zuraw · Howard Hanna Real Estate Svcs.
VaHome Team property overview
Meet 1437 W 40th Street — a 4-bedroom, 2.1-bath home in Norfolk's Lambert's Point neighborhood, offering 2,800 square feet of space built in 2008. You're minutes from two military installations, steps from a park, and surrounded by the energy of a walkable, established community.
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Why this home stands out
Built in 2008, this 2,800-square-foot home brings newer construction to one of Norfolk's most storied neighborhoods. Four bedrooms and two and a half baths give you room to spread out, and the Lambert's Point location puts you within a short walk of green space and everyday conveniences. It's a rare combination of size, era, and address that's genuinely hard to replicate in this part of the city.
LAMBERTS POINT and the Norfolk real estate market
Lambert's Point sits in the northwest corner of Norfolk, Virginia — a compact, walkable neighborhood with deep roots and a genuinely mixed character. Tree-lined streets meet the waterfront edge of the Lafayette River, and the presence of Old Dominion University nearby gives the area a steady undercurrent of activity and community investment. If you're browsing norfolk virginia homes for sale and want a neighborhood that feels lived-in and real rather than cookie-cutter, Lambert's Point tends to stand out. The streets here have personality — a mix of architectural eras, neighbors who know each other, and enough local spots within walking distance to make daily life genuinely convenient. Norfolk as a city is one of the most historically layered in the mid-Atlantic, and Lambert's Point reflects that: it's urban without being overwhelming, close to everything without feeling crowded. The neighborhood borders Ghent to the east and gives you quick access to both downtown Norfolk and the Hampton Roads waterfront.
What's nearby
Daily life is easy at 1437 W 40th Street. Serina Cafe is just 0.3 miles away for a quick bite, and FR8 House Coffee Co., Dunkin', and McDonald's are all within 0.4 miles when you need your morning routine sorted. Pizza Hut Express and Taco Bell are close for low-effort evenings. Groceries are covered by Miller's Neighborhood Market and Food Lion, both under a mile. For fitness, the ODU Student Recreation & Well-Being Center, StretchLab, and Club Pilates are all within half a mile. Best of all, 37th Street Park is just 0.1 miles away, and Lambert's Point Open Space and ODU Kaufman Mall are both reachable in a short walk.
For different buyers
For military families relocating
Naval Medical Center Portsmouth is roughly a 5-minute drive from 1437 W 40th Street, and USCG Base Portsmouth is about 7 minutes out. That kind of proximity matters when you're managing duty schedules, and it makes VA loan math work well here. BAH rates for the Hampton Roads area are strong, and 2,800 square feet gives a military family real room to settle in between deployments and PCS cycles.
For families upgrading
Four bedrooms and 2,800 square feet give a growing family genuine breathing room — enough for dedicated home office space, a guest room, or a playroom without anyone feeling squeezed. The 2008 build year means you're getting modern systems and layouts rather than the quirks of an older renovation. Add 37th Street Park at 0.1 miles and Lambert's Point Open Space nearby, and weekends take care of themselves.
Frequently asked questions
How far is 1437 W 40th Street from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is approximately a 5-minute drive from 1437 W 40th Street, making it one of the most convenient addresses in Norfolk for personnel assigned there.
What neighborhood is 1437 W 40th Street in?
The home is located in Lambert's Point, a walkable, established neighborhood in northwest Norfolk with proximity to Old Dominion University, the Lafayette River waterfront, and the Ghent district.
How far is 1437 W 40th Street from USCG Base Portsmouth?
USCG Base Portsmouth is roughly a 7-minute drive from this address, making it a practical option for Coast Guard personnel looking for a short commute.
Is 1437 W 40th Street in a flood zone?
Flood zone information for this address is available in the FloodRisk tile on this page, which reflects the most current FEMA map data for the Lambert's Point area.
What parks are near 1437 W 40th Street?
37th Street Park is just 0.1 miles away, Lambert's Point Open Space is about 0.4 miles out, and ODU Kaufman Mall — a popular green space on the Old Dominion University campus — is within half a mile.
Ready to get a closer look at 1437 W 40th Street? Tom and Dariya Milan know Lambert's Point well — reach out and they'll walk you through everything.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
1437 W 40th ST, 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
4
Full Baths
2
Half Baths
1
Approx Sq Ft
2,800
Stories
2
Fireplaces
0
Flooring
Carpet, Concrete, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$415,000
Price / Sq Ft
$148
Annual Taxes
$5,139
Monthly Tax
$428
HOA
None
Tax Rate (effective)
1.24%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 8, 2026 | $415,000 | — |
| Currently listed | — | $415,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 19, 2026.
Total Assessed
$408,300
Land
$71,500
Improvement
$336,800
Parcel ID: 1428376529
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
$2,703/moPrincipal & interest
$2,153
Property tax
$428
Home insurance
$121
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 Howard Hanna Real Estate Svcs. · MLS# 10633921
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$415,000
1437 W 40th ST, NORFOLK VA 23508
Norfolk, Virginia 23508
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