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PortsmouthOLDE TOWNE SOUTH508 South St✓ Source: REIN MLS #10634935 · record updated Jul 14, 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
$245,000
$154 / sqft · est. $1,517/mo →
3beds
2.1baths
1,596sqft
61days on market

508 South St, Portsmouth, VA 23704

ActiveResidential · built 1900 · OLDE TOWNE SOUTH

About this home

The listing, in the seller's words

Own a piece of history with ZERO HOA & ZERO condo fees — all the charm of a Victorian home, none of the extra costs. This duplex-style end-unit in Historic Old Towne Portsmouth features original pine floors, 10-foot ceilings, and cast iron fireplaces preserving its 1900s character. Seller moving overseas and highly motivated. Bring all cash offers. Perfect turnkey home or rental with a brand-new foundation (2023), new front porch (2026), and new water heater (2026). Can close in 14 days. Minutes from the waterfront, restaurants, and ferry to Norfolk. Priced to sell!

Listing courtesy of Rashida Clarke · RE/MAX Elevate · REIN MLS #10634935

VaHome team overview

Our read on this home

At a glance

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 the full overview ↓

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.

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 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.

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1900

Price / sqft

$154

HOA

None

Taxes

$2,097/yr

County

Portsmouth VA

Waterfront

Yes

MLS #

10634935

Interior

Bedrooms
3
Full baths
2
Half baths
1
Approx. sqft
1,596
Stories
2
Flooring
Carpet, Vinyl, Wood
Ensuite bedrooms
1
Total rooms
6
Other rooms
Foyer, Pantry, Porch, Utility Closet
Appliances
Dishwasher, Elec Range, Refrigerator

Construction & exterior

Style
2 Unit Condo, Twinhome, Victorian
Subtype
Attached
Foundation
Crawl
Roof
Metal
Exterior
Vinyl
Pool
No Pool
Fencing
Partial,Wood Fence
Waterfront
Not Waterfront

Utilities & systems

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

Lot, parking & ownership

Lot size
1.0000
Subdivision
OLDE TOWNE SOUTH
Unit / floor
1
Zoning
T4
Ownership
Fee Simple
Garage
No
Parking
Street
Possession
CLOSING
Disclosures
Disclosure Statement, Historical District

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

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. houses for sale in Portsmouth

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

$1,517/mo

Principal & interest

$1,271

Property tax

$175

Home insurance

$71

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.

Value & history

Judge value on real ground

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$235,000$309,000

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.

25 Prospect PW · 2.3 mi · 1,578 sqft$287,000 sold 2026-06
27 Afton PW · 2.3 mi · 1,631 sqft$309,000 sold 2026-05
13 Kennedy DR · 2.1 mi · 1,682 sqft$298,000 sold 2026-05

Sale & Tax History

List Price

$245,000

Price / Sq Ft

$154

Annual Taxes

$2,097

Monthly Tax

$175

HOA

None

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 14, 2026$245,000
Price reducedJul 14, 2026$245,000−$25,000
Currently listed$245,000

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:

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.

Market tempo

61 days on market — read it in context

Days on market reflects pricing, season, and inventory — compare it against similar nearby homes below before reading anything into it.

Questions buyers ask

Real questions, answered from the record

Is 508 South St in a good school zone?+
The assigned zones on the listing record are Park View Elementary (GreatSchools 5/10), Churchland Middle (GreatSchools 5/10), Manor High (GreatSchools 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

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Rashida Clarke · RE/MAX Elevate · REIN MLS #10634935

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 #10634935 · 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.