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Portsmouth › LAKE SHORES › 502 Hamilton Ave✓ Source: REIN MLS #10623685 · record updated Sep 23, 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
4beds
2.1baths
2,272sqft
203days 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

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 502 Hamilton Avenue, a four-bedroom, two-bath home in Portsmouth's Lake Shores neighborhood. Built in 1998 on a compact lot, this 2,272-square-foot residence sits just minutes from Naval Medical Center Portsmouth. It's the kind of home that anchors Portsmouth homes for sale in this walkable, convenient corner of the city.

Keep searching in Portsmouth

See all Portsmouth homes for sale, including homes for sale in 23707, homes for sale zoned for Churchland High School, and homes for sale zoned for Waterview Elementary School. Browse every listing among homes for sale in Portsmouth — updated from the REIN MLS every few minutes. Nearby, look at Lake Shores homes for sale, Portsmouth waterfront homes for sale, Portsmouth condos and townhomes for sale, and new construction homes in Portsmouth.

Read the full overview ↓

Why this home stands out

This home offers four bedrooms and over 2,200 square feet of living space in a neighborhood where you're never far from everyday needs. The 1998 construction means solid bones and a floor plan designed for practical living. You're walking distance to grocery stores, coffee shops, and parks—and a four-minute commute to Naval Medical Center Portsmouth makes daily life straightforward. Lake Shores delivers accessibility without the sprawl.

LAKE SHORES and the Portsmouth real estate market

Lake Shores is an established neighborhood where tree-lined streets and modest-scale homes create a genuine sense of community. The blocks here are compact and walkable; you'll find neighbors out and about, and local businesses within a few blocks. Portsmouth itself is Virginia's second-oldest city, sitting where the Elizabeth River meets the harbor. The downtown waterfront is a short drive away, and major routes like I-264 connect you quickly to Virginia Beach, Norfolk, and beyond. Anyone comparing homes for sale in Portsmouth will notice how central Lake Shores sits—close to Naval Medical Center Portsmouth and USCG Base Portsmouth, yet still residential and quiet. The neighborhood has the feel of a place where people stay, not just pass through. If you are comparing homes for sale in 23707, you'll find Lake Shores offers that rare mix of walkability and short base commutes.

What's nearby

Daily errands are a quick walk or short drive. Noura Inc Mt. Vernon Supermarket and Port Norfolk Supermarket are both two blocks away, so groceries are convenient. ZandyLu Brew & Bakery sits just three blocks north for your morning coffee, and Dria's Kitchen "Box Fired" Pizzeria & Catering is equally close for dinner. Detroit Park and Bruce Johnson Memorial Park are within walking distance, offering green space and play areas. For fitness, DCo gym is less than a mile away. The neighborhood keeps essentials close and life simple.

For different buyers

Base commute and VA loan notes

Naval Medical Center Portsmouth is a four-minute commute from this address, and USCG Base Portsmouth is six minutes away. VA loan financing is common in this zip code and throughout Portsmouth. The home's 1998 construction and straightforward layout mean minimal surprises during inspection. You could move in quickly and settle into a stable, walkable neighborhood where base commutes are genuinely short.

Room to grow

Four bedrooms and two-and-a-half baths give you room to spread out and grow. The 2,272-square-foot floor plan includes space for a home office, guest room, or playroom—whatever your household needs. A 0.205-acre lot keeps maintenance manageable while still offering outdoor space. Storage and layout were built with everyday living in mind, not cramped efficiency.

More buyer questions

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

About four minutes by car. It's one of the closest commutes you'll find in Portsmouth.

What grocery stores are near this address?

Noura Inc Mt. Vernon Supermarket and Port Norfolk Supermarket are both within two blocks. Fast 5 grocery & Deli is about a mile away.

Are there parks nearby for outdoor activities?

Yes. Detroit Park is two blocks away, and Bruce Johnson Memorial Park is three blocks north. Both offer green space and recreation.

Is this home in a walkable neighborhood?

Lake Shores is compact and pedestrian-friendly. Coffee shops, groceries, and parks are within walking distance, and the neighborhood has a genuine community feel.

What schools are zoned for this address?

This address is zoned for homes for sale zoned for Churchland High School and homes for sale zoned for Waterview Elementary School. Check with Portsmouth schools for current enrollment and program details.

Ready to explore 502 Hamilton Avenue and the Lake Shores neighborhood? Contact Tom & Dariya Milan today for a private tour and answers to your questions.

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

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

Portsmouth$215K – $295K4+ 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 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

$210,000 – $575,000

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.

155 Chautauqua AVE · 0.6 mi · 2,400 sqft$210,000 sold 2026-06
510 Patrick ST · 0.9 mi · 2,150 sqft$399,000 sold 2026-06
215 Riverside DR · 0.8 mi · 2,600 sqft$408,500 sold 2026-08

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

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

203 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

Brokered by 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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