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Portsmouth › OLDE TOWNE SOUTH › 508 South St✓ Source: REIN MLS #10649037 · record updated Sep 28, 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
38days 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

This 1900 classic sits on a walkable South Street in Portsmouth's historic core, steps from shops, parks, and two military installations. Three bedrooms, two full baths, and 1,596 square feet give you room to settle in. You're minutes from the water and everything downtown offers.

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

Built at the turn of the century, this home carries the character of Portsmouth's architectural heritage. The layout spans three bedrooms across 1,596 square feet, with two full baths and a half bath. You'll find yourself in the heart of a neighborhood where local businesses, parks, and waterfront access define daily life. Historic charm meets walkable convenience here.

OLDE TOWNE SOUTH and the Portsmouth real estate market

South Street runs through the historic heart of Portsmouth, where tree-lined blocks connect you to local shops, restaurants, and parks within a few blocks. The neighborhood pulses with the energy of a working waterfront city—galleries, antique stores, and community gathering spots anchor the streets. Portsmouth itself is a city of water and history, bordered by the Elizabeth River and home to centuries of maritime tradition. Getting around is easy: you're walking distance to Festival Park and Gosport Park, with grocery stores like OLDE TOWNE FOOD MART and Simply Southern Market nearby. The downtown core keeps evolving, drawing people who value walkability and authentic urban character. If you're comparing homes for sale in Portsmouth, note that this location puts you steps from the water and the city's most vibrant blocks. Anyone looking at homes for sale in 23704 will notice how central this address feels.

What's nearby

Within a few blocks, you'll find OLDE TOWNE FOOD MART, Simply Southern Market of Hampton Roads, and Market Street & General Store for groceries. Sun's Sub & Pub and Guads Mexican Restaurant sit just a short walk away, along with Just Brunch for weekend mornings. Olde Towne Coffee and Cure offer your daily caffeine fix. Fitness options include Effingham Street Family YMCA, Movement Studio VA, and Brikhouse Boxing and Fitness. Festival Park and Gosport Park are both a quick stroll away, perfect for outdoor time.

For different buyers

Base commute and VA loan notes

About one minute to both USCG Base Portsmouth and Norfolk Naval Shipyard—a commute that's hard to beat. This home qualifies for VA loan financing, and the location means no long drive before your workday starts. The walkable neighborhood keeps daily errands quick, letting you maximize time off base.

Room to grow

Three bedrooms provide room for a home office, guest space, or growing needs. Two full baths and a half bath serve a household well. The 1,596-square-foot layout gives you flexibility without overwhelming upkeep. A historic South Street address puts parks and shops within walking distance.

More buyer questions

How far is 508 South Street from USCG Base Portsmouth?

About one minute by car. The base is just across the water, making this one of the closest residential locations in the area.

What attendance zones apply to this address?

This address falls within the zones for homes for sale zoned for Manor High School and homes for sale zoned for Park View Elementary School. Contact Portsmouth Public Schools for current program details.

Is there walkable access to groceries and restaurants?

Yes. OLDE TOWNE FOOD MART, Simply Southern Market, and several restaurants like Sun's Sub & Pub and Guads Mexican Restaurant are all within a few blocks on foot.

Are there parks nearby?

Festival Park and Gosport Park are both about two blocks away, offering green space and waterfront access right in the neighborhood.

What is the commute like to Norfolk Naval Shipyard?

About one minute by car. The shipyard is one of the closest major employers to this South Street location.

Ready to explore this historic Portsmouth home? Contact Tom & Dariya Milan to schedule a tour and learn more about the neighborhood.

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515529

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

9.4 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

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 21, 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 2.5/10), Churchland Middle (VaHome School Score 3.5/10), Manor High (VaHome School Score 3.2/10). 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

Free, no obligation — your inquiry goes to Tom & Dariya, never resold.

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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