1 days on market
$525,000
23 Farragut St
Portsmouth, Virginia 23702
MLS# 10635671 · CRADOCK · Portsmouth VA
Updated 4 hours ago · Source: REIN MLS
Est. payment
$3,313/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
1
New listing
HOA
None
Year built
1918
108 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryCradock Elementary School3/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
You will love this updated multi-unit property! All units are currently rented, making it a great income-producing opportunity. Each unit has been updated with newer windows and flooring, and tenants pay their own utilities. All the units have washer and dryer hookups. The property also offers plenty of parking behind the building. Conveniently located near the Naval Hospital, this property provides easy access to m…
Listed by Lakesha Kirkendall · Desirable Management LLC
VaHome Team property overview
Meet 23 Farragut Street — a 1918 multi-unit property in Portsmouth, Virginia, sitting just four minutes from Norfolk Naval Shipyard. With parks literally steps away and everyday conveniences within a half-mile, this address puts urban convenience and historic character in the same package.
Read full property overview ↓Show less ↑
Why this home stands out
Built in 1918, 23 Farragut Street carries more than a century of Portsmouth history in its bones. Multi-unit properties of this era are increasingly rare in the immediate shipyard corridor, and this one sits at a genuinely walkable intersection of green space, local dining, and military-base access that most addresses in the region simply can't replicate. The combination of age, scale, and location is hard to find at any price point.
CRADOCK and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most layered cities — part working waterfront, part historic district, part tight-knit residential grid. The blocks around Farragut Street sit in a section of Portsmouth where you feel the difference between suburban and urban living in real, tangible ways: sidewalks connect you to parks and corner restaurants, neighbors know each other by name, and the skyline of the shipyard is a constant, grounding reminder of what drives this city's economy and identity. Afton Square is a two-minute walk. George Washington Park is three minutes down the street. The Elizabeth River waterfront and the broader Olde Towne Portsmouth historic district are a short drive away, giving the area cultural texture well beyond what its zip code might suggest. Portsmouth sits in the heart of Hampton Roads, flanked by Norfolk, Chesapeake, and Suffolk, with easy access to interstates and the Downtown Portsmouth ferry.
What's nearby
Daily life is genuinely easy from 23 Farragut Street. Afton Square and George Washington Park are both within a third of a mile for morning walks or afternoon fresh air. Geraldine's Kitchen and Darla's Seafood are each about four-tenths of a mile away for a quick sit-down meal, and Burger King is right there when you want something fast. The Scott Center Annex Commissary is just half a mile out — a real convenience for military households. Dunkin' and Mariner's Reef Cafe both land under a mile for your morning coffee routine. Callaghan Gym and Fitness Center and Planet Fitness are both under a mile when it's time to work out.
For different buyers
For military families relocating
Norfolk Naval Shipyard is four minutes away, and USCG Base Portsmouth is five. For service members tracking BAH and commute time together, this address checks both boxes cleanly. The Scott Center Annex Commissary is half a mile out, and VA loan eligibility makes a multi-unit property like this one worth a serious conversation with your lender.
For buyers drawn to character
If you're drawn to properties with real history rather than cookie-cutter construction, 23 Farragut Street was built in 1918 — a time when multi-unit buildings were designed with craft and proportion in mind. The bones here reflect an era of architecture that newer construction rarely attempts to replicate, and the surrounding Portsmouth streetscape reinforces that sense of place at every turn.
Frequently asked questions
How far is 23 Farragut Street from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately four minutes by car from 23 Farragut Street, making it one of the closest residential addresses to the base in the Portsmouth area. The short commute is a consistent draw for shipyard personnel and contractors.
How far is 23 Farragut Street from USCG Base Portsmouth?
USCG Base Portsmouth is about five minutes away by car. Coast Guard personnel looking to minimize their daily commute will find this address sits in a strong position relative to the base.
What is the property type and age of 23 Farragut Street?
23 Farragut Street is a multi-unit residential property — apartments with three or more units — built in 1918. Properties of this age and type are relatively uncommon in this immediate corridor of Portsmouth.
Are there parks near 23 Farragut Street?
Yes — Afton Square is just 0.2 miles away, George Washington Park is 0.3 miles out, and Afton Park is half a mile from the address. All three are walkable from the front door.
Is 23 Farragut Street in a flood zone?
Flood zone designation for 23 Farragut Street is available through the FloodRisk tile on this page, which pulls current FEMA map data for the property. Reviewing that information is a standard step for any buyer conducting due diligence in the Hampton Roads area.
Curious about 23 Farragut Street? Tom and Dariya Milan know Portsmouth's historic corridors 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
23 Farragut ST, 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
0
Stories
2
Fireplaces
0
Flooring
Carpet, Vinyl
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$525,000
Price / Sq Ft
$0
Annual Taxes
$5,228
Monthly Tax
$436
HOA
None
Tax Rate (effective)
1.00%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | May 19, 2026 | $525,000 | — |
| Currently listed | — | $525,000 | — |
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
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
$3,313/moPrincipal & interest
$2,724
Property tax
$436
Home insurance
$153
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 Desirable Management LLC · MLS# 10635671
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$525,000
23 Farragut ST, PORTSMOUTH VA 23702
Portsmouth, Virginia 23702
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