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Portsmouth › OLDE TOWNE › 525 North Street✓ Source: REIN MLS #10571906 · record updated Nov 18, 2025 · synced every 2 min · your inquiry is never resold
525 North Street, Portsmouth VA 23704 - Main photo
525 North Street, Portsmouth VA 23704 - Photo 2
525 North Street, Portsmouth VA 23704 - Photo 3
525 North Street, Portsmouth VA 23704 - Photo 4
525 North Street, Portsmouth VA 23704 - Photo 5
$740,000
167days on market

525 North Street, Portsmouth, VA 23704

Under ContractApartments 3+ · built 1795 · OLDE TOWNE

Facts & features

Type

Apartments 3+

Year built

1795

HOA

None

Taxes

$6,367/yr

County

Portsmouth VA

MLS #

10571906

Interior

Stories
2
Flooring
Carpet, Ceramic, Laminate/LVP, Vinyl, Wood

Construction & exterior

Foundation
Basement
Construction
Frame, Renovated
Roof
Other,Poly Skin
Exterior
Aluminum,Fiber Cement

Utilities & systems

Heating
Electric, Nat Gas
Cooling
Central Air, Other, Window/Wall
Water heater
Other
Utilities available
City Sewer, City Water, Electric, Gas

Lot, parking & ownership

Subdivision
OLDE TOWNE
Ownership
Fee Simple
Garage
No
Parking
Assigned/Reserved, Close to Mass Transit, Multi Car, Street
Possession
SETTLEMENT
Disclosures
Disclosure Statement, Historical District

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

About this home

Charming Architectural Antebellum in Olde Towne Historic District by the water & centrally located near interstates & entertainment. Just at the end of the road is ferry access to Downtown Norfolk and a beautiful view of the water and great views that Old Towne has to offer. Such a unique history in this city and this home. The home once served as an orphanage for kids during the war. Great opportunity for those looking for an incoming producing property in a highly sought after area.

Listing courtesy of Johnathan King · BHHS RW Towne Realty · REIN MLS #10571906

Tom & Dariya's overview

Our read on this home

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

At a glance

525 North Street is a multi-unit property built in 1795 in Portsmouth's historic Olde Towne district, sitting one minute from Naval Medical Center Portsmouth and steps from the Elizabeth River waterfront, walkable dining, and two centuries of neighborhood character.

Keep searching in Portsmouth

See all Portsmouth homes for sale, including homes for sale in 23704, homes for sale zoned for Norcom 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

Few addresses in Hampton Roads carry a build year of 1795. This Olde Towne multi-unit property puts you inside one of the oldest continuously inhabited urban neighborhoods on the East Coast, where Federal-era architecture lines brick sidewalks and the Elizabeth River is visible at the end of the block. The combination of genuine historic fabric, immediate waterfront access, and a one-minute proximity to Naval Medical Center Portsmouth is genuinely rare.

OLDE TOWNE and the Portsmouth real estate market

Olde Towne Portsmouth is the kind of neighborhood that stops people mid-walk. Gaslamp-style streetlights, 18th- and 19th-century row houses, cobblestone alleys, and a working waterfront create a texture you simply cannot replicate in a newer subdivision. The district is listed on the National Register of Historic Places and contains one of the largest concentrations of pre-Civil War architecture in Virginia. Crawford Levee Park anchors the riverfront just a block away, and Portside Park and Needle Beach are both within a quarter mile, giving residents genuine green space and water access without a car. Portsmouth itself sits at the heart of Hampton Roads, connected to Norfolk by the Elizabeth River ferry — a commute that trades highway stress for a scenic five-minute crossing. Families comparing homes for sale in Portsmouth will find that Olde Towne offers something most zip codes cannot: a walkable, rooted sense of place that has been building for over two hundred years.

What's nearby

Daily errands and evening plans both come together quickly from 525 North Street. Fish & Slips Marina Raw Bar & Grill is a tenth of a mile away — close enough to walk for a waterfront lunch. Crawford Restaurant and Gino's Pizzeria are each within three-tenths of a mile for weeknight dinners. Olde Towne Coffee handles the morning routine at the same distance, with a Starbucks and a Wawa another block out. Simply Southern Market of Hampton Roads, Market Street & General Store, and Bier Garden Gift Shop & Market all sit within 0.3 miles for groceries and specialty provisions. Movement Studio VA is nearby for fitness, and both Riverview Aquatics Center and the Effingham Street Family YMCA are under a mile.

For different buyers

For military families relocating

Naval Medical Center Portsmouth and USCG Base Portsmouth are each about one minute from the front door — as close as it gets without living on base. That proximity makes 525 North Street a natural fit for medical staff, corpsmen, and Coast Guard personnel who want to minimize commute time. The Elizabeth River ferry also puts Naval Station Norfolk within easy reach, broadening the appeal for multi-service households weighing Portsmouth homes for sale.

For buyers drawn to character

If what you want is a building with a genuine story, 525 North Street delivers. A construction year of 1795 means this property predates the War of 1812. It sits in a nationally registered historic district where the architectural integrity of the streetscape is actively protected. Buyers who have grown tired of cookie-cutter construction and are searching homes for sale in 23704 will find that Olde Towne offers a depth of character that simply cannot be built from scratch.

More buyer questions

How far is 525 North Street from Naval Medical Center Portsmouth?

Naval Medical Center Portsmouth is approximately one minute away by car — roughly a half-mile from the property. It is one of the closest off-base addresses to the medical center in the entire city.

What is the Olde Towne neighborhood like in Portsmouth?

Olde Towne is a nationally registered historic district featuring some of the oldest residential architecture in Virginia, a walkable street grid, waterfront parks, and a tight-knit community of residents who value the neighborhood's preserved character. It is widely considered Portsmouth's most distinctive urban neighborhood.

Is 525 North Street in a flood zone?

Given its location near the Elizabeth River waterfront, prospective buyers should review the current FEMA flood map for the 23704 zip code — the site's dedicated FloodRisk tile provides the most up-to-date zone designation for this address.

What schools serve 525 North Street?

Buyers and families comparing homes for sale zoned for Norcom High School and homes for sale zoned for Park View Elementary School will want to confirm current attendance zones directly with Portsmouth City Public Schools, as boundaries can change.

Where can you walk to from 525 North Street?

Within a few blocks you can reach Fish & Slips Marina Raw Bar & Grill, Crawford Levee Park, Portside Park, Needle Beach, Olde Towne Coffee, and several specialty grocery and market options — making this one of the most walkable addresses in Portsmouth.

Want to know more about 525 North Street or other properties in Olde Towne? Tom and Dariya Milan at LPT Realty are ready to walk you through everything this address has to offer.

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

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

Portsmouth$625K – $855K

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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 AE · base flood elevation 8 ft · Special Flood Hazard Area (flood insurance typically required) · FIRM 515529

Flood Risk

Looking up FEMA flood zone…

Zone AE typically means lenders require flood insurance — factor it into the monthly numbers below.

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

$4,586/mo

Principal & interest

$3,840

Property tax

$531

Home insurance

$216

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

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

Sale & Tax History

List Price

$740,000

Price / Sq Ft

$0

Annual Taxes

$6,367

Monthly Tax

$531

HOA

None

Tax Rate (effective)

0.86%

Sale Timeline (this listing)

EventDatePriceDetail
ListedFeb 18, 2026$740,000—
Currently listed—$740,000—

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.

Questions buyers ask

Is 525 North Street 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), IC Norcom. School attendance zones can change — always confirm enrollment with the local school division.
Is 525 North Street in a flood zone?+
FEMA maps this parcel in Zone AE with a base flood elevation of 8 ft — a high-risk flood band where lenders typically require flood insurance. See the flood section on this page for the full details and sources, and verify with an elevation certificate.
Is there a gym near 525 North Street?+
Yes — Movement Studio VA is about 0.2 miles away, per the cached nearby-places record for this address.
Are there parks near 525 North Street?+
Greenwich Square Park is about 0 miles away.
Where is the nearest grocery store to 525 North Street?+
Bier Garden Gift Shop & Market is about 0.2 miles away. The closest dining on record is Starbucks Coffee Company (0.2 mi).
Does 525 North Street have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.
When was 525 North Street built?+
It was built in 1795, 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 Johnathan King · BHHS RW Towne Realty · REIN MLS #10571906

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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525 North Street, Portsmouth — photo

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

Call or text (757) 777-7577

525 North Street, Portsmouth, Virginia 23704 · MLS #10571906 · 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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