71 days on market
$1,100,000
2498 Airline Blvd
Portsmouth, Virginia 23701
MLS# 10621480 · ALL OTHERS AREA 21 · Portsmouth VA
Updated Mar 8, 2026 · Source: REIN MLS
Est. payment
$6,397/mo
Edit below
Price / sq ft
$602
1,827 sq ft
Days on market
71
HOA
None
Year built
1950
76 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
1,827
Garage
No
About this home
Don't miss this exceptional income-producing commercial property located just minutes from the iconic Rivers Casino Portsmouth. Positioned at one of the busiest intersections in Portsmouth, this high-visibility asset offers strong traffic exposure and reliable, long-term cash flow. Extensively updated in 2024, improvements include two new HVAC systems, new plumbing, fresh interior and exterior paint, and updated elec…
Listed by Alesia Trent · BHHS RW Towne Realty
Location & Neighborhood
Location & Street View
2498 Airline BLVD, 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
0
Full Baths
0
Half Baths
0
Approx Sq Ft
1,827
Stories
1
Fireplaces
0
Flooring
Concrete, Other
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$1,100,000
Price / Sq Ft
$602
Annual Taxes
$4,423
Monthly Tax
$369
HOA
None
Tax Rate (effective)
0.40%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Feb 27, 2026 | $1,100,000 | — |
| Currently listed | — | $1,100,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$356,730
Land
$303,600
Improvement
$53,130
Parcel ID: 03430070 · 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:
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
$6,397/moPrincipal & interest
$5,708
Property tax
$369
Home insurance
$321
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 BHHS RW Towne Realty · MLS# 10621480
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,100,000
2498 Airline BLVD, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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