Home/Virginia/Norfolk/LAMBERTS POINT/1536 W 40th ST, NORFOLK VA 23508
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Coming Soon
Active
Under Contract
Pending
Sold

82 days on market

$5,200

1536 W 40th St

Norfolk, Virginia 23508

MLS# 10620406 · LAMBERTS POINT · Norfolk VA

Updated Feb 25, 2026 · Source: REIN MLS

Est. payment

$28/mo

Edit below

Price / sq ft

$1

3,500 sq ft

Days on market

82

HOA

None

Year built

1987

39 yrs old

Beds

8

Full Baths

5

Half Baths

0

Sq Ft

3,500

Garage

Yes

Rental3 StoryWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

STUDENT HOUSING. House features 8 bedrooms and 5 full bathrooms. Each tenant will have a private room and share a bathroom with only 1 other tenant. All groups, including sports teams and student organizations are welcome. The first floor has a large kitchen and living room which can be used as a common meeting room. Washer and Dryer is at the house, and heating and cooling are served by a dual level HVAC system. Th…

Listed by Chris Mangold · Abrams Realty

Location & Neighborhood

Location & Street View

1536 W 40th ST, Norfolk

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Map data ©Google. Click and drag inside the map to explore the surrounding area.

Flood Risk

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Property Details

Bedrooms

8

Full Baths

5

Half Baths

0

Approx Sq Ft

3,500

Stories

3

Fireplaces

0

Flooring

Carpet, Laminate/LVP

Heating

Cooling

Laundry

Interior Features

N/A

Appliances

Dishwasher, Dryer, Elec Range, Refrigerator, Washer

Sale & Tax History

List Price

$5,200

Price / Sq Ft

$1

Annual Taxes

N/A

Monthly Tax

N/A

HOA

None

Tax Rate (effective)

N/A

Sale Timeline (this listing)

EventDatePriceDetail
ListedFeb 16, 2026$5,200
Currently listed$5,200

Public-Records Assessment

Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 11, 2026.

99% below assessment

Total Assessed

$447,800

Land

$48,500

Improvement

$399,300

Parcel ID: 1428278740 · View on city GIS portal

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:

Norfolk 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.

About buying in Norfolk

Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.

See more Norfolk homes for sale →

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.

Estimate your monthly payment

$28/mo

Principal & interest

$27

Property tax

$0

Home insurance

$2

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 Abrams Realty · MLS# 10620406

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

ACTIVE LISTING

$5,200

1536 W 40th ST, NORFOLK VA 23508

Norfolk, Virginia 23508

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Quick Facts

TypeRental
Year Built1987
Lot Size
TaxesN/A
HOANone
Heating
Cooling

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