47 days on market
$499,000
1510 Parker Ave
Portsmouth, Virginia 23704
MLS# 10627931 · PRENTIS PLACE · Portsmouth VA
Updated 6 days ago · Source: REIN MLS
Est. payment
$3,198/mo
Edit below
Price / sq ft
$144
3,460 sq ft
Days on market
47
HOA
None
Year built
1955
71 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
3,460
Garage
375
Schools
- ElementaryBrighton Elementary School5/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Exceptional investment opportunity in Portsmouth! This updated triplex features a spacious 3-bedroom, 2-bath single-family home alongside a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit perfect for maximizing rental income or flexible living arrangements. Each unit is well-appointed with granite countertops, stainless steel appliances, in-unit laundry, and separate utility meters for ease of management. The pro…
Listed by Kris Weaver · Atlantic Sothebys Int'l Realty
VaHome Team property overview
1510 Parker Avenue is a 3,460-square-foot multi-family property built in 1955 in Portsmouth, Virginia — sitting just two minutes from Norfolk Naval Shipyard and three minutes from USCG Base Portsmouth, with everyday conveniences practically at the front door.
Read full property overview ↓Show less ↑
Why this home stands out
Few addresses in Hampton Roads put you this close to two major installations at once. At 3,460 square feet, this 1955-built multi-family property offers genuine scale in a city neighborhood where walkable errands, green space, and local flavor are all within half a mile. The mid-century bones give it character that newer construction simply can't replicate, and the dual-base proximity makes it a rare find for anyone whose life revolves around the waterfront side of Portsmouth.
PRENTIS PLACE and the Portsmouth real estate market
Parker Avenue sits in the heart of Portsmouth — a working waterfront city with deep naval roots, a compact downtown, and a tight-knit community feel that sets it apart from the sprawling suburbs across the water. This part of Portsmouth has an urban, walkable grain: blocks of mature trees, older homes with real architectural presence, and neighbors who tend to know each other by name. Portsmouth is the kind of city where you can grab a bite, hit a park, and be back home in under fifteen minutes without ever touching a highway. While some buyers search for the polish of atlantic sotheby's international realty listings in more affluent zip codes, Parker Avenue delivers something different — authenticity, proximity, and a neighborhood that has housed generations of military and civilian families alike. Portsmouth sits within easy reach of Norfolk, Chesapeake, and Suffolk, making it a practical hub for anyone navigating the broader Hampton Roads metro.
What's nearby
Day-to-day life is genuinely convenient from 1510 Parker Avenue. Martha's Mini Mart is just 0.2 miles away for quick grabs, and Jaliyah's is right alongside it for a fast, local meal. A short walk puts you at Vickie's Convenience & Deli Subs and Lil Mammas Soul Kitchen — both within 0.5 miles and both worth knowing by name. Scotts Creek Park is 0.4 miles out when you need fresh air, with Lansing Park and Turnpike Park also close by. The Effingham Street Family YMCA and Brikhouse Boxing and Fitness are 0.6 miles away, and Cure coffee is under a mile for a proper morning cup.
For different buyers
For military families relocating
Two minutes to Norfolk Naval Shipyard and three minutes to USCG Base Portsmouth — it's hard to overstate what that kind of proximity means for a military household. Short commutes translate directly into more time at home, and a VA loan can make a property of this size genuinely accessible. BAH rates for the Portsmouth area have historically aligned well with the value this neighborhood offers.
For first-time buyers
If you've been weighing suburb vs urban tradeoffs, 1510 Parker Avenue makes a strong case for the urban side. You get walkable errands, nearby parks, local restaurants, and real square footage in a city with lower price points than many Hampton Roads alternatives — all in a building with the kind of mid-century character that newer construction rarely delivers.
Frequently asked questions
How far is 1510 Parker Avenue from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately a 2-minute drive from 1510 Parker Avenue, making it one of the closest residential addresses to the shipyard's main gate in all of Portsmouth.
How far is 1510 Parker Avenue from USCG Base Portsmouth?
USCG Base Portsmouth is roughly a 3-minute drive away — an unusually short commute that benefits both Coast Guard personnel and civilian employees assigned to the base.
What is the flood zone status for 1510 Parker Avenue?
Flood zone information for this address is displayed in the dedicated FloodRisk tile on this page, which pulls current FEMA map data for the specific parcel.
Is there an HOA at 1510 Parker Avenue?
Based on available property data, 1510 Parker Avenue does not appear to be subject to a homeowners association, though buyers should confirm this during due diligence.
What kind of property is 1510 Parker Avenue?
It is a multi-family residential property built in 1955, totaling 3,460 square feet — a mid-century building with meaningful scale in an established Portsmouth neighborhood.
Want to know more about 1510 Parker Avenue or explore comparable properties nearby? 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
Location & Street View
1510 Parker 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
0
Full Baths
0
Half Baths
0
Approx Sq Ft
3,460
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$499,000
Price / Sq Ft
$144
Annual Taxes
$5,561
Monthly Tax
$463
HOA
None
Tax Rate (effective)
1.11%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Apr 2, 2026 | $499,000 | — |
| Currently listed | — | $499,000 | — |
Public-Records Assessment
Source: City Assessor via Hampton Roads Regional Parcels. Fetched May 19, 2026.
Total Assessed
$448,470
Land
$81,000
Improvement
$367,470
Parcel ID: 00850320
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
$3,198/moPrincipal & interest
$2,589
Property tax
$463
Home insurance
$146
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 Atlantic Sothebys Int'l Realty · MLS# 10627931
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$499,000
1510 Parker AVE, PORTSMOUTH VA 23704
Portsmouth, Virginia 23704
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