Home/Virginia/Portsmouth/LAKE SHORES/502 Hamilton AVE, PORTSMOUTH VA 23707
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Coming Soon
Active
Under Contract
Sold
Off Market

5 days on market

$253,000

502 Hamilton Ave

Portsmouth, Virginia 23707

MLS# 10623685 · LAKE SHORES · Portsmouth VA

Updated Mar 9, 2026 · Source: REIN MLS

Est. payment

$1,755/mo

Edit below

Price / sq ft

$111

2,272 sq ft

Days on market

5

New listing

HOA

None

Year built

1998

28 yrs old

Beds

4

Full Baths

2

Half Baths

1

Sq Ft

2,272

Garage

Yes

ResidentialTraditional2 StorySingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

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 inf…

Listed by Jonathan Melvin · Benham Real Estate LLC

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Flood Risk

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Property Details

Bedrooms

4

Full Baths

2

Half Baths

1

Approx Sq Ft

2,272

Stories

2

Fireplaces

0

Flooring

Carpet

Heating

Forced Hot Air

Cooling

Central Air

Laundry

Interior Features

N/A

Appliances

None

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
ListedMay 4, 2026$253,000
Currently listed$253,000

Public-Records Assessment

Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 8, 2026.

29% below assessment

Total Assessed

$356,960

Land

$91,080

Improvement

$265,880

Parcel ID: 03761440 · View on city GIS portal

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.

About buying in Portsmouth

Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.

See more Portsmouth homes for sale →

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.

Estimate your monthly payment

$1,755/mo

Principal & interest

$1,313

Property tax

$369

Home insurance

$74

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 Benham Real Estate LLC · MLS# 10623685

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

OFF MARKET

$253,000

502 Hamilton AVE, PORTSMOUTH VA 23707

Portsmouth, Virginia 23707

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Quick Facts

TypeResidential
Year Built1998
Lot Size0.2050
Taxes$4,426/yr
HOANone
HeatingForced Hot Air
CoolingCentral Air

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