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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

Built in 1795, this multi-unit apartment building sits in the heart of OLDE TOWNE Portsmouth, steps from the Elizabeth River and the waterfront. You're minutes from Naval Medical Center Portsmouth and surrounded by restaurants, shops, and parks. History and convenience meet here.

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 properties carry the weight of 230 years of history like this one. The 1795 construction date marks it as a genuine piece of Portsmouth's colonial past. Multi-unit design offers flexibility for investors or owner-occupants seeking Portsmouth homes for sale with character and potential. Waterfront proximity and walkable neighborhood access make this a rare find in the historic core.

OLDE TOWNE and the Portsmouth real estate market

OLDE TOWNE is Portsmouth's beating heart—a walkable, mixed-use neighborhood where 18th-century brick buildings house galleries, restaurants, and apartments. The streets are lined with trees and lined with life. You'll find yourself in a place where history isn't a backdrop; it's the foundation. North Street itself runs through the neighborhood's most vibrant block, close to the Elizabeth River and the waterfront parks that define the area. Portsmouth is a city with deep maritime roots and a growing creative community. Getting around is easy: Naval Medical Center Portsmouth is just a minute away, and downtown amenities cluster within walking distance. The city sits at the confluence of three rivers, and anyone comparing homes for sale in Portsmouth will notice how water shapes daily life here.

What's nearby

Your front door opens onto one of the most walkable blocks in the region. Fish & Slips Marina Raw Bar & Grill is a 0.1-mile walk for dinner and drinks. Crawford Levee Park and Portside Park sit equally close, offering green space and river views. Coffee runs to Olde Towne Coffee or Starbucks take minutes. Groceries come from Simply Southern Market, Market Street & General Store, or Bier Garden Gift Shop & Market—all within 0.3 miles. Movement Studio VA and the Effingham Street Family YMCA provide fitness options nearby. Needle Beach park rounds out your outdoor access.

For different buyers

Base commute and VA loan notes

Naval Medical Center Portsmouth is one minute away by car. USCG Base Portsmouth is equally close. VA loan financing is common in this zip code. The walkable neighborhood means less time commuting and more time living. Multi-unit ownership can provide income flexibility and a hedge against relocation.

For buyers drawn to character

1795 construction means original architectural details, period charm, and authentic colonial bones. Multi-unit layout preserves the building's historic footprint while offering modern flexibility. OLDE TOWNE's gallery district and riverfront setting attract buyers who value heritage and creative community. This is the kind of address that rewards those who love old houses and live in them thoughtfully.

More buyer questions

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

It's about one minute by car. The base sits directly across the Elizabeth River from this address.

What year was this building constructed?

The building was built in 1795, making it one of the oldest structures in OLDE TOWNE Portsmouth.

Are there restaurants and shops within walking distance?

Yes. Fish & Slips Marina Raw Bar & Grill is 0.1 miles away, and groceries, coffee, and dining options cluster within 0.3 miles on all sides.

What schools are nearby if you are comparing homes for sale zoned for Norcom High School or homes for sale zoned for Park View Elementary School?

This address is zoned for both schools. Check the Schools tile on this page for detailed information about each.

Does this property have waterfront access?

The Elizabeth River and waterfront parks are steps away. Crawford Levee Park and Portside Park offer direct water access and views.

Explore this historic Portsmouth address. Contact Tom & Dariya Milan to tour 525 North Street and discover OLDE TOWNE living.

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 (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 515529

High Risk

FEMA flood zone

AE (1% annual chance)

Base flood elevation

8 ft above sea level

Property elevation

6.1 ft above sea level

1.9 ft below BFE

USGS 3DEP digital elevation model

Special Flood Hazard Area — 1% annual chance of flooding. Federal flood insurance is required on most mortgages.

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.

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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