Home/Virginia/Portsmouth/CRADOCK/73 Decatur ST, PORTSMOUTH VA 23702
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Coming Soon
Active
Under Contract
Sold
Off Market

31 days on market

$285,000

Price reduced $15Kfrom $300,000 · 13 days ago

73 Decatur St

Portsmouth, Virginia 23702

MLS# 10632746 · CRADOCK · Portsmouth VA

Updated Jun 1, 2026 · Source: REIN MLS

Est. payment

$1,708/mo

Edit below

Price / sq ft

$71

4,000 sq ft

Days on market

31

HOA

None

Year built

1928

98 yrs old

Beds

0

Full Baths

0

Half Baths

0

Sq Ft

4,000

Garage

N/A

Multi Family ResidentialSingle FamilyWaterfront — Not Waterfront

Schools

Info provided by GreatSchools

About this home

Fantastic Cash-flow Opportunity. Quadplex featuring two 3BR/1BA units and two 2BR/1BA units. Property needs repairs and updates, which is reflected in the price. Once improved and fully occupied, projected rent is $4,000+/month. Priced well below market—recent comparable quadplex sales in similar condition have closed at $360,000 and $375,000. Convenient location: 6 minutes to Rivers Casino, and under 20 minutes to…

Listed by Jeremy Stansbury · Exit Realty Professionals

VaHome Team property overview

At a glance

73 Decatur Street is a 4,000-square-foot multi-family property built in 1928 in Portsmouth's historic Cradock neighborhood. Sitting minutes from Norfolk Naval Shipyard and USCG Base Portsmouth, this substantial early-twentieth-century building combines classic character with serious square footage in one of Hampton Roads' most storied communities.

Read full property overview ↓

Why this home stands out

Four thousand square feet of 1928 construction in Cradock is a rare find. Properties of this scale and era in Portsmouth carry genuine architectural bones — think solid craftsmanship, generous room proportions, and the kind of structural presence that newer builds simply can't replicate. Add the multi-family configuration and you're looking at a property with real flexibility for extended families or multi-generational living arrangements under one historically significant roof.

CRADOCK and the Portsmouth real estate market

Cradock is one of Portsmouth's most distinctive neighborhoods, and that's not an accident — it was purpose-built in the early 1920s as a planned community to house workers at Norfolk Naval Shipyard, and the thoughtful street layout and cohesive architectural character still show today. Tree-lined blocks, brick sidewalks, and homes that share a clear design lineage give Cradock a sense of place that's genuinely hard to find anywhere in Hampton Roads. Portsmouth itself sits at the heart of the region, bordered by the Elizabeth River and connected to Norfolk, Chesapeake, and Suffolk with ease. While buyers searching phrases like homes for sale in carrollton va are often drawn by newer construction, Cradock offers something different: a neighborhood with a real identity, a walkable grid, and a community that takes pride in its history. The city of Portsmouth has invested steadily in the area, and longtime residents tend to stay — which tells you something meaningful about the quality of life here.

What's nearby

Daily errands are genuinely walkable from 73 Decatur Street. Food Lion is just half a mile out for a full grocery run, and both Dollar General and a BP station are within four-tenths of a mile for quick stops. When it's time to eat, Vietnam 81 Restaurant is two-tenths of a mile away, Geraldine's Kitchen is three-tenths, and Burger King is right there too. Grab a Dunkin' coffee less than half a mile from your door. Planet Fitness is an easy half-mile away for workouts. For outdoor time, Afton Square, Afton Park, and George Washington Park are all within three-tenths of a mile — making this one of the more walkable pockets in the city.

For different buyers

For military families relocating

Norfolk Naval Shipyard is roughly five minutes away, and USCG Base Portsmouth is about six — it's hard to find a location in Hampton Roads that puts you this close to two installations at once. For military families weighing BAH and commute time together, 73 Decatur Street checks both boxes cleanly. VA loan eligibility makes a property of this size even more accessible for qualifying service members and veterans.

For buyers drawn to character

If you're drawn to homes with real history, 73 Decatur Street was built in 1928 inside one of the most architecturally intentional neighborhoods in all of Hampton Roads. Cradock was designed from the ground up — the street grid, the setbacks, the building scale — and that deliberate character is woven into every block. Four thousand square feet of early-twentieth-century construction means you're getting genuine craftsmanship, not a modern approximation of it.

Frequently asked questions

How far is 73 Decatur Street from Norfolk Naval Shipyard?

Norfolk Naval Shipyard is approximately five minutes from 73 Decatur Street by car. The proximity makes this one of the closest residential addresses to the shipyard in the entire Portsmouth area.

How far is 73 Decatur Street from USCG Base Portsmouth?

USCG Base Portsmouth is about six minutes away by car. Combined with the Norfolk Naval Shipyard proximity, this address sits within a short drive of two major installations.

What is the Cradock neighborhood like in Portsmouth?

Cradock is a historic planned community built in the early 1920s, featuring a cohesive architectural style, walkable streets, and a strong neighborhood identity. It's considered one of Portsmouth's most distinctive and well-preserved residential areas.

Is 73 Decatur Street in a flood zone?

Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data. We recommend reviewing that section and consulting with your insurance agent for the most accurate picture.

Does the Cradock neighborhood have an HOA?

Cradock does not operate under a traditional HOA structure, though the neighborhood benefits from city oversight and active community engagement that helps maintain its historic character.

Want to know more about 73 Decatur Street or explore what else is available in Cradock and Portsmouth? Tom and Dariya Milan at LPT Realty are ready to walk you through every detail.

Summary generated by AI from public records and publicly available information.

Location & Neighborhood

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Flood Risk

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Property Details

Bedrooms

0

Full Baths

0

Half Baths

0

Approx Sq Ft

4,000

Stories

0

Fireplaces

0

Flooring

N/A

Heating

Cooling

Laundry

Interior Features

N/A

Sale & Tax History

List Price

$285,000

Price / Sq Ft

$71

Annual Taxes

$1,750

Monthly Tax

$146

HOA

None

Tax Rate (effective)

0.61%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMay 1, 2026$285,000
Currently listed$285,000

Public-Records Assessment

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

102% above assessment

Total Assessed

$141,030

Land

$71,760

Improvement

$69,270

Parcel ID: 04090210 · 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:

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.

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.

See more Portsmouth 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

$1,708/mo

Principal & interest

$1,479

Property tax

$146

Home insurance

$83

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 Exit Realty Professionals · MLS# 10632746

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

UNDER CONTRACT

$285,000

73 Decatur ST, PORTSMOUTH VA 23702

Portsmouth, Virginia 23702

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Quick Facts

TypeMulti Family Residential
Year Built1928
Lot Size
Taxes$1,750/yr
HOANone
Heating
Cooling

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