4 days on market
$375,000
723 Washington St
Portsmouth, Virginia 23704
MLS# 10634968 · OLDE TOWNE · Portsmouth VA
Updated May 28, 2026 · Source: REIN MLS
Est. payment
$2,363/mo
Edit below
Price / sq ft
$186
2,015 sq ft
Days on market
4
New listing
HOA
None
Year built
2011
15 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
2,015
Garage
Yes
Schools
- ElementaryPark View Elementary School5/10
- MiddleChurchland Middle School5/10
- 2/10
Info provided by GreatSchools
About this home
Discover modern comfort and historic charm in this beautifully maintained home nestled in the heart of Downtown Portsmouth. Designed with an inviting open-concept layout, the main living areas feature stylish floating laminate flooring and abundant natural light throughout. The updated kitchen showcases granite countertops, stainless steel appliances, and plenty of space for entertaining. The spacious primary suite o…
Listed by Shelly Taylor · Real Broker LLC
VaHome Team property overview
723 Washington Street sits in the heart of Portsmouth's Olde Towne historic district — a 2,015-square-foot, three-bedroom home built in 2011 that puts you within a one-minute drive of both USCG Base Portsmouth and Norfolk Naval Shipyard, with restaurants, coffee shops, and parks literally steps from your front door.
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Why this home stands out
What makes 723 Washington Street genuinely unusual is the combination of new-construction bones — built in 2011, so modern systems and finishes — inside one of Hampton Roads' most walkable and historically rich urban neighborhoods. You get the character and energy of Olde Towne Portsmouth without trading away the reliability of a home built in the last fifteen years. Add sub-one-minute access to two major military installations and you have a location that's almost impossible to replicate.
OLDE TOWNE and the Portsmouth real estate market
Olde Towne Portsmouth is one of the oldest and most architecturally significant neighborhoods in Virginia, and 723 Washington Street puts you squarely in the middle of it. The streets here are lined with Federal, Greek Revival, and Victorian-era buildings, and the neighborhood has a genuine sense of place that newer developments simply can't manufacture. Portsmouth itself sits on the western bank of the Elizabeth River, directly across from downtown Norfolk, and the city has been investing steadily in its waterfront and historic core. Olde Towne is walkable in a way that's rare in Hampton Roads — you can reach a coffee shop, a park, a pub, and a market without starting your car. The neighborhood draws a mix of military families, young professionals, and long-time residents who appreciate the scale and texture of an urban neighborhood that still feels like a community. For anyone using a VA loan, the proximity to two bases makes Portsmouth a natural fit.
What's nearby
Daily life at 723 Washington Street is genuinely easy on foot. OLDE TOWNE FOOD MART is 0.1 miles away for quick grocery runs, with Bier Garden Gift Shop & Market and Simply Southern Market of Hampton Roads both within a few blocks. Sun's Sub & Pub, Yoolks On Us, and Griff's Restaurant & Sports are all within 0.1 miles for dinner or a casual night out. Cure and Olde Towne Coffee are your go-to spots for morning coffee at 0.2 and 0.3 miles respectively. For fitness, the Effingham Street Family YMCA and Movement Studio VA are both 0.2 miles away. Columbia Court, Courthouse Square, and Worthington Square are all within three blocks for outdoor time.
For different buyers
For military families relocating
With USCG Base Portsmouth and Norfolk Naval Shipyard each less than a minute away, 723 Washington Street is about as base-adjacent as it gets in Hampton Roads. A VA loan makes ownership here straightforward, and the walkable Olde Towne neighborhood means a relocating family can settle in quickly — coffee shops, markets, parks, and restaurants are all within a short walk from day one.
For buyers drawn to character
If you've been searching for a home with real urban character — walkable streets, historic architecture all around you, neighborhood parks, and local restaurants you'll actually use — Olde Towne Portsmouth delivers. 723 Washington Street gives you that setting with the practical advantage of a 2011 build: modern systems, updated finishes, and 2,015 square feet of space that works for contemporary living.
Frequently asked questions
How far is 723 Washington Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a one-minute drive from 723 Washington Street — the base sits just south of the Olde Towne neighborhood, making this one of the closest residential addresses to the shipyard in the entire region.
How far is 723 Washington Street from USCG Base Portsmouth?
USCG Base Portsmouth is also about one minute by car from 723 Washington Street, placing this address within easy reach of both major installations without a highway commute.
What is the walkability like around 723 Washington Street?
Walkability is one of the strongest selling points of this address — grocery options, restaurants, coffee shops, fitness studios, and neighborhood parks are all within 0.1 to 0.6 miles, which is exceptional by Hampton Roads standards.
Is 723 Washington Street in a flood zone?
Flood zone information for 723 Washington Street is available in the FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
What are the property details for 723 Washington Street?
The home is a three-bedroom, two-and-a-half-bath residential property with 2,015 square feet of living space, built in 2011 and located in Portsmouth's Olde Towne historic district.
Want to walk the neighborhood or take a closer look at 723 Washington Street? Tom and Dariya Milan at LPT Realty know Portsmouth well — reach out and let's set something up.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
3
Full Baths
2
Half Baths
1
Approx Sq Ft
2,015
Stories
2
Fireplaces
0
Flooring
Carpet, Laminate/LVP
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
Sale & Tax History
List Price
$375,000
Price / Sq Ft
$186
Annual Taxes
$3,691
Monthly Tax
$308
HOA
None
Tax Rate (effective)
0.98%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 24, 2026 | $375,000 | — |
| Currently listed | — | $375,000 | — |
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:
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
Homes for sale in Portsmouth, VA combine historic charm with the most affordable entry prices in Hampton Roads. Olde Towne Portsmouth (23704) features cobblestone streets and Federalist-era row houses overlooking the Elizabeth River, with active listings typically ranging $250K-$500K. Western Portsmouth's Churchland neighborhood (23703) offers larger suburban homes, top schools, and direct commutes to Norfolk Naval Shipyard. Park View (23707) and Cradock (23702) provide some of the most affordable single-family inventory in the region, often under $200K. Portsmouth's biggest employers are Norfolk Naval Shipyard (one of the largest ship-repair facilities in the country) and Naval Medical Center Portsmouth — Hampton Roads' largest military hospital. Active-duty military and shipyard families make up a significant share of buyers, and VA loan financing is common. Portsmouth Public Schools includes Churchland High, Manor High, and I.C. Norcom High; Churchland is consistently among the city's top-performing high schools. Buyers looking for waterfront views without Virginia Beach prices often find Portsmouth's Olde Towne and Hodges Ferry areas particularly attractive. Browse every active Portsmouth listing below, refreshed every 5 minutes from the REIN MLS.
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
$2,363/moPrincipal & interest
$1,946
Property tax
$308
Home insurance
$109
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 Real Broker LLC · MLS# 10634968
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$375,000
723 Washington ST, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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