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Portsmouth › LAKE SHORES › 502 Hamilton Ave✓ Source: REIN MLS #10623685 · record updated Aug 12, 2026 · synced every 2 min · your inquiry is never resold
502 Hamilton AVE, PORTSMOUTH VA 23707 - Main photo
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 2
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 3
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 4
502 Hamilton AVE, PORTSMOUTH VA 23707 - Photo 5
$253,000
$111 / sqft · est. $1,755/mo →
4beds
2.1baths
2,272sqft
161days on market

502 Hamilton Ave, Portsmouth, VA 23707

ActiveResidential · built 1998 · LAKE SHORES

Facts & features

Type

Residential

Year built

1998

Price / sqft

$111

HOA

None

Taxes

$4,426/yr

County

Portsmouth VA

MLS #

10623685

Interior

Bedrooms
4
Full baths
2
Half baths
1
Approx. sqft
2,272
Stories
2
Flooring
Carpet
Total rooms
8

Construction & exterior

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

Utilities & systems

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

Lot, parking & ownership

Lot size
0.2050
Approx. acres
0.20
Subdivision
LAKE SHORES
Zoning
UR
Ownership
Fee Simple
Garage
Yes
Parking
Garage Att 2 Car
Possession
CLOSING
Disclosures
Bank Repo, Exempt from Disclosure/Disclaimer, Govt Owned, Spec Warranty Deed

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

About this home

Spacious 4-bedroom, 2.5-bath home offering nearly 2,300 square feet of potential on a generous .205-acre lot. This property features a functional floor plan with ample living space, a 2-car garage, and plenty of room to make it your own. Enjoy the sizable yard and the convenience of a well-sized home ready for its next chapter. Conveniently located near dining, shopping, the highway, and more! Call today for more information and to schedule your tour!

Listing courtesy of Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10623685

VaHome team overview

Our read on this home

by Tom & Dariya Milan, REALTORS® · LPT Realty

At a glance

502 Hamilton Avenue is a four-bedroom, 2.1-bath home in Portsmouth's Lake Shores neighborhood, offering 2,272 square feet on a generous fifth-acre lot — and sitting just four minutes from Naval Medical Center Portsmouth. Solid bones, real space, and a location that genuinely works.

Read the full overview ↓

Why this home stands out

Built in 1998, this two-story single-family home gives you four true bedrooms and over 2,200 square feet on a 0.205-acre lot — more breathing room than most of what you'll find this close to downtown Portsmouth. The half-bath keeps the main living areas practical for everyday life, and the lot size means actual yard space, not just a strip of grass. Lake Shores delivers that without asking you to sacrifice proximity to anything.

LAKE SHORES and the Portsmouth real estate market

Lake Shores sits in the western pocket of Portsmouth, a city with deep naval roots and a genuinely walkable older-neighborhood feel. The streets here are quiet and residential, but you're never far from the action — Portsmouth's historic Olde Towne district is a short drive east, and the Elizabeth River Trail connects the waterfront to the broader Hampton Roads region. Lake Shores itself has the character of an established community: mature trees, sidewalks, and neighbors who tend to stick around. Portsmouth as a whole has been investing in its downtown core and waterfront, making it one of the more interesting cities in Hampton Roads to own property in right now. The city sits across the Elizabeth River from Norfolk, and the two share a ferry connection that makes cross-river commuting genuinely easy. Whether you're tied to the naval corridor or just want a well-located home in a real neighborhood, 502 Hamilton Avenue puts you in a strong position.

What's nearby

Groceries are practically around the corner — Noura Inc Mt. Vernon Supermarket and Port Norfolk Supermarket are both within 0.2 miles, and Fast 5 Grocery & Deli is a mile out when you need a quick run. ZandyLu Brew & Bakery is just 0.3 miles away for your morning coffee. Dria's Kitchen 'Box Fired' Pizzeria & Catering is right there at 0.3 miles when dinner plans fall apart. Detroit Park is 0.2 miles away, Bruce Johnson Memorial Park is 0.3 miles, and Fountain Park rounds things out at half a mile. DCo, Completion Fitness LLC, and Grind Time Performance & Fitness Training are all within a mile for workouts.

For different buyers

For military families relocating

Four minutes to Naval Medical Center Portsmouth and six minutes to USCG Base Portsmouth — that's the kind of commute that changes your daily quality of life. A VA loan can make 502 Hamilton Avenue accessible with no down payment, and the four bedrooms give your family real room to spread out. Lake Shores is a stable, established neighborhood that military families have called home for decades.

For families upgrading

If you've outgrown your current space, 2,272 square feet across four bedrooms gives everyone room to breathe. The 0.205-acre lot is large enough for a real backyard, and the 1998 build means you're not inheriting a renovation project. Lake Shores is a genuine neighborhood with parks within walking distance and groceries less than a quarter mile away — the kind of setup that makes everyday family life feel easy.

More buyer questions

How far is 502 Hamilton Avenue from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately four minutes away by car — one of the shortest base commutes you'll find in the city. That proximity makes this address particularly practical for active-duty medical staff and their families.

What neighborhood is 502 Hamilton Avenue in?

The home is in Lake Shores, an established residential neighborhood in western Portsmouth, Virginia. It's a quiet, tree-lined community with sidewalks and easy access to parks, groceries, and the broader Portsmouth waterfront area.

How big is the lot at 502 Hamilton Avenue?

The lot measures 0.205 acres, which is notably generous for an in-city Portsmouth address. That translates to meaningful yard space front and back — enough for outdoor entertaining, gardening, or just having room to move.

Is 502 Hamilton Avenue in a flood zone?

Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data. It's worth reviewing before making any decisions, as flood zone status can affect insurance costs.

Does the Lake Shores neighborhood have an HOA?

Lake Shores does not carry a mandatory HOA for this property, which means no additional association dues or approval processes for exterior changes. Always confirm current status during the transaction process, as community structures can evolve.

Tom and Dariya Milan at LPT Realty know Portsmouth's neighborhoods inside and out. Reach out to get the full picture on 502 Hamilton Avenue and what it takes to make it yours.

Summary generated by AI from public records and publicly available information.

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 Lake Shores neighborhood of Portsmouth. houses 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

$1,755/mo

Principal & interest

$1,313

Property tax

$369

Home insurance

$74

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

Asking vs. assessment

71% of $356,960

City assessment record · taxes $4,426/yr

Land share of assessed value

26% — $91,080

Improvements $265,880 · assessor record ✓

Price context — similar nearby homes

$305,000 – $398,900

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.

19 Carver CIR · 2.2 mi · 2,190 sqft$305,000 sold 2026-05
3405 Woodstock ST · 2.4 mi · 2,247 sqft$398,900 sold 2026-06
316 Wall ST · 2.4 mi · 2,205 sqft$350,000 sold 2026-05

Sale & Tax History

List Price

$253,000

Price / Sq Ft

$111

Annual Taxes

$4,426

Monthly Tax

$369

HOA

None

Tax Rate (effective)

1.75%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 4, 2026$253,000—
Currently listed—$253,000—

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

29% below assessment

Total Assessed

$356,960

Land

$91,080

Improvement

$265,880

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.

Market tempo

161 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 502 Hamilton Ave in a good school zone?+
The assigned zones on the listing record are Waterview Elementary (VaHome School Score 1.4/10), Churchland Middle (VaHome School Score 2.7/10), Churchland (VaHome School Score 5.9/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 502 Hamilton Ave 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 502 Hamilton Ave?+
Yes — DCo is about 0.4 miles away, per the cached nearby-places record for this address.
Are there parks near 502 Hamilton Ave?+
Detroit Park is about 0.1 miles away.
Where is the nearest grocery store to 502 Hamilton Ave?+
Noura Inc Mt. Vernon Supermarket is about 0.4 miles away. The closest dining on record is Mockingbird Pasta Bar (0.4 mi).
Does 502 Hamilton Ave have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 502 Hamilton Ave built?+
It was built in 1998, 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

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Jonathan Melvin · Benham Real Estate LLC · REIN MLS #10623685

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.

502 Hamilton Ave, Portsmouth — photo

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

Call or text (757) 777-7577

502 Hamilton Ave, Portsmouth, Virginia 23707 · MLS #10623685 · 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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