8 days on market
$199,000
322 Constitution Ave
Portsmouth, Virginia 23704
MLS# 10634154 · SHEA TERRACE · Portsmouth VA
Updated 22 hours ago · Source: REIN MLS
Est. payment
$1,320/mo
Edit below
Price / sq ft
$102
1,946 sq ft
Days on market
8
New listing
HOA
None
Year built
1923
103 yrs old
Beds
4
Full Baths
2
Half Baths
0
Sq Ft
1,946
Garage
Yes
Schools
- ElementaryPark View Elementary School5/10
- MiddleChurchland Middle School5/10
- 2/10
Info provided by GreatSchools
About this home
Investor opportunity in sought-after Shea Terrace! This 4-bedroom, 2-bath home is perfectly positioned on a spacious corner lot and includes a detached garage and ample outdoor space. With its flexible layout, the property presents exciting potential for updates, value-add improvements, or possible conversion into a duplex for added income opportunities. Ideally located near the Naval Hospital, major interstates, sho…
Listed by Cedrick Harris · Iron Valley Real Estate Prestige
VaHome Team property overview
322 Constitution Ave is a four-bedroom, two-bath, 1,923-square-foot home in Portsmouth's Shea Terrace neighborhood, built in 1923. It sits just minutes from Naval Medical Center Portsmouth and USCG Base Portsmouth, putting two major installations within a short drive of your front door.
Read full property overview ↓Show less ↑
Why this home stands out
What sets 322 Constitution Ave apart is the combination of century-old character and genuine proximity to two military installations. Homes with this kind of architectural history — nearly a hundred years of craftsmanship baked into 1,946 square feet — rarely land this close to both Naval Medical Center Portsmouth and USCG Base Portsmouth simultaneously. You're getting an established neighborhood address with a commute that most service members would envy.
SHEA TERRACE and the Portsmouth real estate market
Shea Terrace is one of Portsmouth's quieter residential pockets, characterized by mature trees, modest lot sizes, and homes that carry real architectural history. The streets here have a settled, unhurried quality that comes from decades of continuous neighborhood life. Portsmouth itself is one of Hampton Roads' most underrated cities — a working waterfront community with genuine historic bones, a walkable Olde Towne district, and a tight-knit identity that newer developments simply can't replicate. While some buyers spend their search weighing lake james homes for sale or newer suburban subdivisions, Shea Terrace offers something different: a real neighborhood with sidewalks, front porches, and neighbors who actually know each other. Portsmouth sits within easy reach of Norfolk, Chesapeake, and Suffolk, and the broader Hampton Roads region means you're never far from beaches, waterways, or the region's deep military and maritime culture. For buyers who want urban convenience without the congestion of a downtown core, this part of Portsmouth threads that needle well.
What's nearby
Daily life is genuinely easy from 322 Constitution Ave. Naval Medical Center Portsmouth is roughly three minutes away, and USCG Base Portsmouth is about four — both essentially around the corner. For groceries, dining, and errands, the commercial corridors along High Street and Frederick Boulevard are close by. Olde Towne Portsmouth, with its restaurants, coffee shops, and waterfront views, is a short drive. The Elizabeth River Trail gives walkers and cyclists a scenic route connecting neighborhoods to the waterfront. Portsmouth City Park and several smaller green spaces are within the surrounding area for weekend outdoor time.
For different buyers
For military families relocating
Three minutes to Naval Medical Center Portsmouth and four minutes to USCG Base Portsmouth — that kind of commute is rare and genuinely valuable for military households. A VA loan can make a century-old four-bedroom home like this one very accessible, and BAH rates in the Hampton Roads area are among the stronger allowances in the mid-Atlantic region. Shea Terrace is the kind of neighborhood where military families tend to put down real roots.
For buyers drawn to character
If you've been searching for a home with actual history, 322 Constitution Ave delivers. Built in 1923, this four-bedroom house carries the proportions, details, and craftsmanship that newer construction simply doesn't replicate. Shea Terrace is full of homes from the same era, which means the streetscape has a cohesive, genuine character rather than the uniform sameness of a planned subdivision. For buyers who want a home that feels like it has a story, this address fits.
Frequently asked questions
How far is 322 Constitution Ave from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is approximately three minutes from 322 Constitution Ave by car, making it one of the closest residential streets to the base in the area.
How far is 322 Constitution Ave from USCG Base Portsmouth?
USCG Base Portsmouth is about four minutes away by car — a straightforward, short commute that Coast Guard personnel and their families consistently find valuable.
What is the flood zone status for 322 Constitution Ave?
Flood zone information for this address is displayed in the FloodRisk tile on this page; we recommend reviewing it and consulting with your lender or insurance agent for current details.
What architectural style is the home at 322 Constitution Ave?
Built in 1923, the home reflects the early twentieth-century residential construction typical of Portsmouth's established neighborhoods — a period known for solid craftsmanship, defined room layouts, and exterior details that distinguish it from modern builds.
Is there an HOA for Shea Terrace in Portsmouth?
Shea Terrace is not governed by a mandatory homeowners association, which means no HOA dues or deed restrictions of that kind apply to properties in this neighborhood.
Want to know more about 322 Constitution Ave or Shea Terrace? Tom and Dariya Milan at LPT Realty know this part of Portsmouth well — reach out and let's talk through what this address could mean for you.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
322 Constitution AVE, 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
4
Full Baths
2
Half Baths
0
Approx Sq Ft
1,946
Stories
2
Fireplaces
0
Flooring
Carpet
Heating
Cooling
Laundry
Interior Features
N/A
Appliances
None
Sale & Tax History
List Price
$199,000
Price / Sq Ft
$102
Annual Taxes
$2,756
Monthly Tax
$230
HOA
None
Tax Rate (effective)
1.38%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 12, 2026 | $199,000 | — |
| Currently listed | — | $199,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 20, 2026.
Total Assessed
$222,290
Land
$57,810
Improvement
$164,480
Parcel ID: 00740600
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
$1,320/moPrincipal & interest
$1,033
Property tax
$230
Home insurance
$58
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 Iron Valley Real Estate Prestige · MLS# 10634154
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$199,000
322 Constitution AVE, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
Request InfoQuick Facts
Schedule a tour
In-person or videoClick a day to pick a time