25 days on market
$277,500
508 South St
Portsmouth, Virginia 23704
MLS# 10634935 · OLDE TOWNE SOUTH · Portsmouth VA
Updated yesterday · Source: REIN MLS
Est. payment
$1,696/mo
Edit below
Price / sq ft
$174
1,596 sq ft
Days on market
25
HOA
None
Year built
1900
126 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,596
Garage
No
Schools
- ElementaryPark View Elementary School5/10
- MiddleChurchland Middle School5/10
- 2/10
Info provided by GreatSchools
About this home
Own a piece of history with ZERO condo fees & ZERO HOA fees — all the charm of a Victorian home, none of the extra costs. This duplex-style end-unit in Historic Old Towne Portsmouth stuns from the outside in, starting with its signature red metal roof. Inside, original pine wood floors, 10-foot ceilings, and cast iron decorative fireplaces preserve the home's 1900s character. The kitchen features stainless steel appl…
Listed by Rashida Clarke · RE/MAX Elevate
VaHome Team property overview
508 South Street is a three-bedroom, 1900-built home in the heart of Portsmouth's historic Olde Towne district, steps from two major military installations, walkable dining, coffee, parks, and fitness — all packed into 1,596 square feet with genuine turn-of-the-century character.
Read full property overview ↓Show less ↑
Why this home stands out
Few addresses in Hampton Roads put you this close to both Norfolk Naval Shipyard and USCG Base Portsmouth — we're talking a one-minute commute — while also dropping you onto a walkable, historic street lined with restaurants, coffee shops, and green space. The 1900 construction gives this home architectural bones you simply can't replicate in newer builds, and the 2.1-bath layout adds everyday practicality to all that period charm.
OLDE TOWNE SOUTH and the Portsmouth real estate market
508 South Street sits squarely in Olde Towne Portsmouth, one of the most architecturally rich and walkable neighborhoods in all of Hampton Roads. Olde Towne is a genuine historic district — wide sidewalks, gas-style street lamps, and block after block of Federal, Greek Revival, and Victorian homes that have been lovingly preserved for generations. The neighborhood wraps around the Portsmouth waterfront, giving residents easy access to the Elizabeth River Trail and the ferry that connects to downtown Norfolk in minutes. Portsmouth itself is a city with deep naval roots and a creative, community-forward energy that's been building steadily. Boutique shops, local restaurants, and neighborhood parks are woven into the fabric of daily life here, and the city's investment in its historic core shows in every restored façade and newly planted streetscape. For anyone drawn to a home with a real sense of place — where the streets have stories and the neighbors actually know each other — Olde Towne Portsmouth delivers that in a way few Hampton Roads addresses can match.
What's nearby
Daily errands and evenings out are genuinely easy from 508 South Street. Grab a quick bite at Sun's Sub & Pub or Guads Mexican Restaurant, both just a tenth of a mile away, or linger over brunch at Yoolks On Us a couple of blocks farther. Morning coffee is covered by Cure and Olde Towne Coffee, each about a three-minute walk. Grocery runs are handled by OLDE TOWNE FOOD MART, Bier Garden Gift Shop & Market, and Simply Southern Market of Hampton Roads, all within a third of a mile. For fitness, the Effingham Street Family YMCA and Movement Studio VA are both 0.2 miles out. Columbia Court, Courthouse Square, and Festival Park round out the neighborhood with green space right outside your door.
For different buyers
For military families relocating
With Norfolk Naval Shipyard and USCG Base Portsmouth each just one minute away, 508 South Street is about as close to zero-commute military living as you'll find in Hampton Roads. A VA loan can make ownership here straightforward, and the walkable, tight-knit Olde Towne community means your family has roots from day one — not just a place to stay between deployments.
For buyers drawn to character
If you've been searching for a home that feels like it was built with intention — one where the trim work, the proportions, and the street context all tell a coherent story — 508 South Street is worth a serious look. Built in 1900 and set in Portsmouth's protected Olde Towne historic district, this address offers the kind of architectural authenticity that simply can't be constructed from scratch.
Frequently asked 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 available anywhere in Hampton Roads.
How far is 508 South Street from USCG Base Portsmouth?
USCG Base Portsmouth is also about one minute away, making this address exceptionally convenient for Coast Guard personnel and their families.
What is the walkability like around 508 South Street?
Walkability is a genuine strength here — restaurants, coffee shops, grocery options, fitness studios, and parks are all within a half-mile, and Olde Towne's sidewalk infrastructure makes getting around on foot comfortable and pleasant.
Is 508 South Street in a historic district?
Yes, the property sits within Olde Towne Portsmouth, one of Virginia's designated historic districts, which means the surrounding streetscape and architecture are subject to preservation standards that protect the neighborhood's long-term character.
Does 508 South Street have flood zone considerations?
Given its proximity to the Elizabeth River waterfront, flood zone status is worth reviewing carefully — check the FloodRisk tile on this page for the current FEMA designation specific to this address.
Want to know more about 508 South Street or Olde Towne Portsmouth? Tom and Dariya Milan at LPT Realty are happy to walk you through everything — reach out anytime.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
1,596
Stories
2
Fireplaces
0
Flooring
Carpet, Vinyl, Wood
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Elec Range, Refrigerator
Sale & Tax History
List Price
$277,500
Price / Sq Ft
$174
Annual Taxes
$2,097
Monthly Tax
$175
HOA
None
Tax Rate (effective)
0.76%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 15, 2026 | $277,500 | — |
| Currently listed | — | $277,500 | — |
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:
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.
Military Commute
Drive times to nearest basesDrive 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
$1,696/moPrincipal & interest
$1,440
Property tax
$175
Home insurance
$81
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 RE/MAX Elevate · MLS# 10634935
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$277,500
508 South ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
Request InfoQuick Facts
Schedule a tour
In-person or videoClick a day to pick a time