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Portsmouth › SOUTHSIDE › 501 Madison St✓ Source: REIN MLS #10648293 · record updated Sep 4, 2026 · synced every 2 min · your inquiry is never resold
501 Madison ST, PORTSMOUTH VA 23704 - Main photo
4beds
2.1baths
1,980sqft
13days on market

501 Madison St, Portsmouth, VA 23704

SoldResidential · built 2023 · SOUTHSIDE

Facts & features

Type

Residential

Year built

2023

Price / sqft

$179

HOA

None

Taxes

$3,767/yr

County

Portsmouth VA

MLS #

10648293

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
1,980
Stories
2
Flooring
Carpet, Laminate/LVP
Ensuite bedrooms
1
Total rooms
8
Other rooms
Attic, PBR with Bath, Porch
Appliances
Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Elec Range, Washer, Washer Hookup
Equipment
Ceiling Fan, Gar Door Opener

Construction & exterior

Style
Traditional
Subtype
Detached
Foundation
Crawl
Roof
Asphalt Shingle
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced

Utilities & systems

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

Lot, parking & ownership

Subdivision
SOUTHSIDE
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 1 Car, Driveway Spc
Possession
SETTLEMENT
Disclosures
Disclosure Statement

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

About this home

Welcome to this beautifully maintained home in the heart of Portsmouth! This inviting residence offers a functional floor plan filled with natural light, spacious living areas, and comfortable accommodations designed for everyday living and entertaining. The kitchen provides ample cabinet and counter space and flows seamlessly into the main living areas, creating a warm and welcoming atmosphere.The generous backyard offers endless possibilities for outdoor gatherings, gardening, or simply relaxing. Conveniently located near shopping, dining, parks, schools, military bases, major highways, and the Midtown and Downtown Tunnels, this home combines comfort, convenience, and value. Whether you're a first-time homebuyer, downsizing, or looking to add to your investment portfolio, this Portsmouth gem is ready to welcome you home. Schedule your private showing today!

Listing courtesy of Kevan Foote · Iron Valley Real Est Norfolk · REIN MLS #10648293

Keep searching in Portsmouth

See all Portsmouth homes for sale, including homes for sale in 23704, homes for sale zoned for Manor High School, and homes for sale zoned for Brighton Elementary School. Browse every listing among homes for sale in Portsmouth — updated from the REIN MLS every few minutes. Nearby, look at Chesapeake Southside homes for sale, Portsmouth waterfront homes for sale, Portsmouth condos and townhomes for sale, and new construction homes in Portsmouth.

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

Portsmouth$300K – $410K4+ 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 X · outside the high-risk area · FIRM 515529

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone A

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

In the Chesapeake Southside neighborhood of Portsmouth. homes for sale in Portsmouth →

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

$2,259/mo

Principal & interest

$1,842

Property tax

$314

Home insurance

$104

PMI

None

HOA/Condo (paid separately)

None

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

Price context — similar nearby homes

$205,000 – $330,000

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.

28 Alden AVE · 1.6 mi · 1,936 sqft$205,000 sold 2026-04
17 Prospect PW · 1.7 mi · 2,050 sqft$255,000 sold 2026-02
25 Cushing ST · 1.6 mi · 1,802 sqft$310,000 sold 2026-05

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

Sale & Tax History

List Price

$355,000

Price / Sq Ft

$179

Annual Taxes

$3,767

Monthly Tax

$314

HOA

None

Tax Rate (effective)

1.06%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 22, 2026$355,000—
Price increasedSep 4, 2026$355,000+$5,600
SoldSep 2, 2026$355,000—

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:

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.

Questions buyers ask

Is 501 Madison St in a good school zone?+
The assigned zones on the listing record are Brighton Elementary (VaHome School Score 3/10), Cradock Middle (VaHome School Score 1.4/10), Manor High (VaHome School Score 3.6/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 501 Madison St 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.
Does 501 Madison St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 501 Madison St built?+
It was built in 2023, 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 Kevan Foote · Iron Valley Real Est Norfolk · REIN MLS #10648293

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.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

🏡 Similar homes for saleWhat's my home worth?

This one's sold — the next one doesn't have to be.

🏡 Homes for sale in PortsmouthCall or text (757) 777-7577

501 Madison St, Portsmouth, Virginia 23704 · MLS #10648293 · 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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