0 days on market
$299,000
87 Farragut St
Portsmouth, Virginia 23702
MLS# 10641165 · CRADOCK · Portsmouth VA
Updated 3 days ago · Source: REIN MLS
Est. payment
$1,902/mo
Edit below
Price / sq ft
$170
1,757 sq ft
Days on market
0
New listing
HOA
None
Year built
1933
93 yrs old
Beds
3
Full Baths
2
Half Baths
1
Sq Ft
1,757
Garage
Yes
Schools
- ElementaryCradock Elementary School3/10
- MiddleCradock Middle School3/10
- 2/10
Info provided by GreatSchools
About this home
Welcome to this beautifully updated, move in ready home in Historic Cradock! A welcoming foyer leads to a versatile flex space perfect for a home office, sitting area, or playroom, while the formal dining room is ideal for entertaining. The updated kitchen features granite countertops, soft close cabinetry, and a sunny breakfast area. Upstairs, you'll find generously sized bedrooms, including a spacious primary suite…
Listed by Shirley Wang · BHHS RW Towne Realty
VaHome Team property overview
87 Farragut Street is a 1933-built, three-bedroom home in Portsmouth, Virginia — just five minutes from Norfolk Naval Shipyard. With 1,757 square feet, two and a half baths, and nearly a century of character, it's a property that rewards a closer look.
Read full property overview ↓Show less ↑
Why this home stands out
Homes built in the 1930s carry a construction quality and architectural personality that newer subdivisions rarely replicate — thick plaster walls, generous room proportions, and details that were built to last. At 87 Farragut Street, you get that historic bones advantage in a city that has invested steadily in its older neighborhoods, putting you close to the water, the shipyard, and the heart of coastal Hampton Roads.
CRADOCK and the Portsmouth real estate market
Portsmouth is one of the original cities of Hampton Roads, and Farragut Street sits in the southern reaches of a city that wears its history proudly. The streets here are lined with early-twentieth-century homes, and the broader Portsmouth community has seen genuine reinvestment over the past decade — from the revitalized Olde Towne waterfront district to improved parks and local dining. Living in Portsmouth means you're connected to the entire region: the Elizabeth River runs along the city's eastern edge, the Downtown Portsmouth ferry links you to Norfolk in minutes, and Interstate 264 and the Midtown Tunnel put the rest of Hampton Roads within easy reach. The primary keyword for this page — Portsmouth Virginia homes near Norfolk Naval Shipyard — reflects exactly what 87 Farragut delivers: a real, rooted address in a city with genuine identity, not a cookie-cutter suburb, at one of the shortest commute distances to the shipyard you'll find anywhere in the region.
What's nearby
Daily errands are straightforward from Farragut Street. A Walmart Supercenter sits just over a mile away for groceries and household needs, and several dollar and discount stores fill in the gaps for quick runs. The Medical Center Boulevard corridor puts pharmacy options and urgent care within a short drive. Pee Dee's BBQ and other local spots along Frederick Boulevard give you neighborhood dining without the drive across the bridge. Churchland Park and nearby recreation areas offer open space, and the Portsmouth City Marina and waterfront boardwalk are only a few minutes east — a genuinely nice place to spend a weekend afternoon.
For different buyers
For military families relocating
Norfolk Naval Shipyard is five minutes away, and USCG Base Portsmouth is six — it's hard to find a home in Hampton Roads with a shorter combined commute to two active installations. For a military family weighing duty station proximity against housing options, 87 Farragut Street lands in a rare spot. A VA loan is a natural fit here, and the drive times leave real time in your day for everything else that matters.
For buyers drawn to character
If you've toured newer construction and felt like something was missing, 87 Farragut Street answers that feeling. Built in 1933, the home has the proportions, the craftsmanship signals, and the streetscape context that only age can produce. Portsmouth's older neighborhoods have held onto their architectural identity in ways that many Hampton Roads cities haven't, and a home like this — three bedrooms, two and a half baths, nearly 1,800 square feet — gives you room to live without sacrificing the character you're looking for.
Frequently asked questions
How far is 87 Farragut Street from Norfolk Naval Shipyard?
The drive is approximately five minutes under normal conditions — one of the shortest commutes to the shipyard available anywhere in the region. That proximity is one of the defining advantages of this address.
How far is 87 Farragut Street from USCG Base Portsmouth?
USCG Base Portsmouth is roughly six minutes away by car, making 87 Farragut Street a practical choice for Coast Guard personnel as well as Navy shipyard workers.
What is the square footage and layout of 87 Farragut Street?
The home offers 1,757 square feet of living space across three bedrooms and two and a half bathrooms, built in 1933 and reflecting the generous room proportions typical of that era.
Is 87 Farragut Street in a flood zone?
Flood zone designation for this address is displayed in the FloodRisk tile on this page — check that section for the current FEMA map classification and what it means for insurance requirements.
Can a VA loan be used to purchase 87 Farragut Street?
Yes — as a single-family residential property, 87 Farragut Street is generally eligible for VA loan financing, subject to the standard VA appraisal and condition requirements. The VA loan page on this site has more detail on how the process works.
Want to walk through 87 Farragut Street or talk through what this neighborhood looks like day to day? 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
1,757
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, 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
$299,000
Price / Sq Ft
$170
Annual Taxes
$3,157
Monthly Tax
$263
HOA
None
Tax Rate (effective)
1.06%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 25, 2026 | $299,000 | — |
| Currently listed | — | $299,000 | — |
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
$1,902/moPrincipal & interest
$1,551
Property tax
$263
Home insurance
$87
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 BHHS RW Towne Realty · MLS# 10641165
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$299,000
87 Farragut ST, PORTSMOUTH VA 23702
Portsmouth, Virginia 23702
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