5 days on market
$280,000
508 South St
Portsmouth, Virginia 23704
MLS# 10634935 · OLDE TOWNE SOUTH · Portsmouth VA
Updated 6 days ago · Source: REIN MLS
Est. payment
$1,709/mo
Edit below
Price / sq ft
$175
1,596 sq ft
Days on market
5
New listing
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
Victorian Charm Meets Modern Living in Historic Old Towne South Portsmouth. This one-of-a-kind end-unit condo 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 appliances, an island, tin tile backsplash, wine cork accent wall, and stac…
Listed by Rashida Clarke · RE/MAX Elevate
VaHome Team property overview
Meet 508 South Street — a 3-bed, 2.1-bath, 1,596-square-foot home built in 1900 in the heart of Portsmouth's historic Olde Towne district. You're steps from the waterfront, two major installations, and a walkable grid of shops, parks, and restaurants.
Read full property overview ↓Show less ↑
Why this home stands out
Homes this close to both USCG Base Portsmouth and Norfolk Naval Shipyard are genuinely rare — we're talking a one-minute drive to each. Add a century-old streetscape, a walkable neighborhood packed with independent restaurants and green space, and 1,596 square feet of character-filled living, and 508 South Street occupies a category all its own in Hampton Roads real estate.
OLDE TOWNE SOUTH and the Portsmouth real estate market
Portsmouth's Olde Towne is one of the oldest and most architecturally intact urban neighborhoods on the East Coast, and 508 South Street sits squarely in the middle of it. The streets here follow a tight, walkable grid lined with late-19th and early-20th century row houses, brick sidewalks, and mature trees — a texture you simply don't find in newer subdivisions. Portsmouth itself often gets overlooked in the exurban vs suburban conversation, but Olde Towne is neither: it's a genuine urban neighborhood with the density, history, and street life to prove it. The Elizabeth River waterfront is just a few blocks east, and the Olde Towne historic district wraps the address on all sides. City services, parks, and community anchors are all within easy walking distance. Portsmouth is an independent city in Virginia — no county overlay — with its own court system, utilities, and civic identity.
What's nearby
Daily errands are almost entirely on foot from 508 South Street. OLDE TOWNE FOOD MART and Bier Garden Gift Shop & Market are both within 0.2 miles, and Simply Southern Market of Hampton Roads is just 0.3 miles away. For a quick bite, Sun's Sub & Pub and Guads Mexican Restaurant are each about a block away, with Yoolks On Us another short walk at 0.2 miles. Coffee is covered by Cure and Olde Towne Coffee, both 0.3 miles out. Fitness options are equally close — Effingham Street Family YMCA and Movement Studio VA are 0.2 miles away, with Brikhouse Boxing and Fitness at 0.5 miles. Columbia Court, Courthouse Square, and Festival Park all sit within 0.2 miles.
For different buyers
For military families relocating
With USCG Base Portsmouth and Norfolk Naval Shipyard each literally one minute away, the daily commute essentially disappears. That's a real quality-of-life advantage for active-duty households, and it translates directly into more time at home. BAH rates for Portsmouth reflect the area's urban core, and VA loan eligibility makes this century-old address accessible without a large down payment.
For buyers drawn to character
If you've been searching for a home with genuine bones — one built when craftsmanship was the standard, not the upgrade — 508 South Street delivers. The 1900 construction puts it firmly in Olde Towne's historic fabric, surrounded by period architecture and a neighborhood that has actively preserved its character for generations. This is the kind of address that tells a story.
Frequently asked questions
How far is 508 South Street from USCG Base Portsmouth?
USCG Base Portsmouth is approximately one minute by car — the base entrance is essentially around the corner from South Street. It's one of the shortest base commutes available anywhere in Hampton Roads.
How far is 508 South Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is also about one minute away, making 508 South Street one of the rare addresses with near-immediate access to two major installations simultaneously.
What is the flood zone status for 508 South Street?
Flood zone information for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA designation and any associated insurance requirements.
Is there an HOA at 508 South Street?
There is no HOA associated with this property, so you won't have monthly association dues or deed restrictions beyond standard Portsmouth city ordinances.
What is the walkability like around 508 South Street?
Walkability is genuinely high — groceries, restaurants, coffee shops, gyms, and parks are all within 0.2 to 0.5 miles, and the Olde Towne historic district's compact street grid makes getting around on foot practical for everyday errands.
Want to know more about 508 South Street or explore comparable homes in Portsmouth? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
508 South ST, Portsmouth
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
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
$280,000
Price / Sq Ft
$175
Annual Taxes
$2,097
Monthly Tax
$175
HOA
None
Tax Rate (effective)
0.75%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 14, 2026 | $280,000 | — |
| Currently listed | — | $280,000 | — |
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
Portsmouth combines historic naval heritage with affordable, character-rich neighborhoods. Olde Towne Portsmouth offers tree-lined streets of restored 18th- and 19th-century homes with sweeping Elizabeth River views — one of the largest collections of pre-Revolutionary architecture in the country. Churchland, Cradock, and West Park View provide established family neighborhoods at price points well below comparable Norfolk or Virginia Beach properties. The city is home to Norfolk Naval Shipyard, one of the Navy's oldest and largest, ensuring consistent demand from civilian shipyard workers and active-duty Navy personnel.
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
$1,709/moPrincipal & interest
$1,453
Property tax
$175
Home insurance
$82
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.
$280,000
508 South ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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