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Portsmouth › OLDE TOWNE SOUTH › 508 South St✓ Source: REIN MLS #10649037 · record updated Sep 22, 2026 · synced every 2 min · your inquiry is never resold
508 South ST, PORTSMOUTH VA 23704 - Main photo
508 South ST, PORTSMOUTH VA 23704 - Photo 2
508 South ST, PORTSMOUTH VA 23704 - Photo 3
508 South ST, PORTSMOUTH VA 23704 - Photo 4
508 South ST, PORTSMOUTH VA 23704 - Photo 5
3beds
2.1baths
1,596sqft
39days on market

508 South St, Portsmouth, VA 23704

Under ContractResidential · built 1900 · OLDE TOWNE SOUTH

Facts & features

Type

Residential

Year built

1900

Price / sqft

$144

HOA

None

Taxes

$2,097/yr

County

Portsmouth VA

MLS #

10649037

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,596
Stories
2
Flooring
Carpet, Ceramic, Wood
Ensuite bedrooms
1
Total rooms
6
Other rooms
Foyer, Porch, Utility Closet, Utility Room
Appliances
Dishwasher, Dryer, Elec Range, Refrigerator, Washer
Equipment
Cable Hookup, Ceiling Fan

Construction & exterior

Style
2 Unit Condo
Subtype
Attached
Foundation
Crawl
Roof
Metal
Exterior
Vinyl
Pool
No Pool
Fencing
Back Fenced,Split Rail,Wood Fence

Utilities & systems

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

Lot, parking & ownership

Subdivision
OLDE TOWNE SOUTH
Unit / floor
1
Zoning
RES
Ownership
Condo
Garage
No
Parking
Street
Possession
SETTLEMENT
Miscellaneous
Rehabilitated, Warranty Plan
Disclosures
Common Interest Community, Disclosure Statement, Historical District, Pet on Premises

See more Portsmouth condos & townhomes.

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

About this home

High ceilings, gleaming hardwood floors, old world charm with all the right upgrades! Kitchen features stunning maple cabinets double basin sink, huge island and ceramic tile floors. Pantry/storage room and door to the cute backyard are conveniently located off the kitchen. Enjoy vibrant downtown living! Downtown Portsmouth features the regions largest farmers market every Saturday. Blocks to the Commodore Theatre, restaurants, the waterfront, and the ferry to Norfolk where there are more restaurants and the nationally recognized Elizabeth River Trail. Condo living without the condo fee. Very close to Naval Medical Portsmouth, Coast Guard headquarters and Portsmouth Marine Terminals. Very quick access to I-264, downtown/midtown tunnels and 164 to Suffolk/Newport News.

Listing courtesy of Jeannette Rainey · BHHS RW Towne Realty · REIN MLS #10649037

Tom & Dariya's overview

Our read on this home

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

At a glance

Meet 508 South Street — a character-rich 1900-built home in Portsmouth's storied Olde Towne district, offering three bedrooms, two and a half baths, and 1,596 square feet of history-meets-livability just one minute from both USCG Base Portsmouth and Norfolk Naval Shipyard.

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 Park View Elementary School. Browse every listing among homes for sale in Portsmouth — updated from the REIN MLS every few minutes. Nearby, look at Olde Towne Portsmouth 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

Homes this close to two major installations are rare, and 508 South Street delivers that proximity without sacrificing neighborhood soul. Built in 1900, the property carries the architectural bones that define Olde Towne Portsmouth — the kind of block that anchors homes for sale in 23704. You're walking distance to parks, restaurants, coffee, and a YMCA, with Festival Park literally two blocks away. That combination of commute convenience and walkable urban character is genuinely hard to find.

OLDE TOWNE SOUTH and the Portsmouth real estate market

Olde Towne Portsmouth is one of Hampton Roads' most distinctive urban neighborhoods — a grid of 19th- and early 20th-century homes lining brick sidewalks, with the Elizabeth River just to the north and a tight-knit community feel that larger suburbs rarely replicate. Portsmouth itself is a city with deep maritime roots, home to the Norfolk Naval Shipyard and USCG Base Portsmouth, two of the region's most significant installations. The neighborhood draws a mix of longtime residents, history enthusiasts, and service members who want a short commute and a real sense of place. Portsmouth homes for sale in this corridor tend to attract buyers who value walkability and architectural character in equal measure. The city's downtown waterfront, the Olde Towne Historic District, and easy bridge-tunnel access to Norfolk make this a genuinely connected address inside a city that rewards those who look closely.

What's nearby

Daily life is easy from South Street. Groceries are covered within a short walk — OLDE TOWNE FOOD MART, Simply Southern Market of Hampton Roads, and Market Street & General Store are all within 0.4 miles. For meals, Sun's Sub & Pub and Guads Mexican Restaurant are just 0.3 miles away, and Just Brunch is a four-minute walk for weekend mornings. Coffee options include Olde Towne Coffee and Cure, both under half a mile. Fitness is equally convenient, with the Effingham Street Family YMCA, Movement Studio VA, and Brikhouse Boxing and Fitness all within 0.4 miles. Festival Park and Gosport Park are each about 0.2 miles away — an easy stroll for an afternoon outside.

For different buyers

Base commute and VA loan notes

One minute to USCG Base Portsmouth and one minute to Norfolk Naval Shipyard — it's hard to overstate how rare that dual-installation proximity is. For active-duty households, that means more time at home and less time in traffic. A VA loan can make a property like this especially accessible, and the walkable Olde Towne neighborhood means a second car is often optional on off-duty days.

For buyers drawn to character

If you've been comparing homes for sale in Portsmouth and keep finding yourself drawn to properties with real history, 508 South Street deserves a close look. Built in 1900, it sits in one of Hampton Roads' most architecturally intact urban neighborhoods. Olde Towne's brick sidewalks, 19th-century streetscapes, and walkable blocks offer something new construction simply cannot replicate.

More buyer questions

How far is 508 South Street from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately one minute from 508 South Street by car — one of the shortest base commutes you'll find anywhere in Hampton Roads. The proximity makes this address particularly practical for shipyard personnel and contractors.

How far is 508 South Street from USCG Base Portsmouth?

USCG Base Portsmouth is also about one minute away, making 508 South Street an exceptionally well-positioned address for Coast Guard households. Both installations are reachable without getting on a highway.

What school zone does 508 South Street fall in?

Families comparing homes for sale zoned for Manor High School and homes for sale zoned for Park View Elementary School will want to confirm current attendance boundaries directly with Portsmouth City Public Schools, as zone lines can change between listing cycles.

Is 508 South Street in a flood zone?

Flood zone status for 508 South Street is addressed in the FloodRisk tile on this page, which reflects current FEMA map data. Given Olde Towne's proximity to the Elizabeth River, reviewing that tile carefully before making decisions is worthwhile.

Does 508 South Street have a garage or off-street parking?

Parking details for this 1900-built property are best confirmed through the current listing data or a visit to the address, as original Olde Towne homes vary widely in their parking configurations.

Curious about 508 South Street or other homes for sale in Portsmouth? Tom and Dariya Milan at LPT Realty know this market well — reach out and let's talk through what fits your timeline.

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

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

Portsmouth$195K – $265K3+ 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 Olde Towne Portsmouth neighborhood of Portsmouth. Portsmouth homes for sale →

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

$1,435/mo

Principal & interest

$1,193

Property tax

$175

Home insurance

$67

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

$200,000 – $290,000

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.

2 Kennedy Dr · 2.2 mi · 1,585 sqft$200,000 sold 2026-09
71 Aylwin RD · 2.4 mi · 1,574 sqft$290,000 sold 2026-06
88 Aylwin RD · 2.5 mi · 1,602 sqft$260,000 sold 2026-08

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

Sale & Tax History

List Price

$229,900

Price / Sq Ft

$144

Annual Taxes

$2,097

Monthly Tax

$175

HOA

None

Tax Rate (effective)

0.91%

Sale Timeline (this listing)

EventDatePriceDetail
ListedAug 14, 2026$229,900—
Price reducedSep 8, 2026$229,900−$5,100
Currently listed—$229,900—

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 508 South St in a good school zone?+
The assigned zones on the listing record are Park View Elementary (VaHome School Score 3.6/10), Churchland Middle (VaHome School Score 2.7/10), Manor High (VaHome School Score 3.6/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 508 South 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.
Is there a gym near 508 South St?+
Yes — Effingham Street Family YMCA is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 508 South St?+
Columbia Court is about 0.2 miles away.
Where is the nearest grocery store to 508 South St?+
OLDE TOWNE FOOD MART is about 0.2 miles away. The closest dining on record is Sun's Sub & Pub (0.1 mi).
Does 508 South St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 508 South St built?+
It was built in 1900, 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 Jeannette Rainey · BHHS RW Towne Realty · REIN MLS #10649037

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

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508 South St, Portsmouth — photo

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

Call or text (757) 777-7577

508 South St, Portsmouth, Virginia 23704 · MLS #10649037 · 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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