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NorfolkGHENT940 Gates Ave #B5✓ Source: REIN MLS #10634727 · record updated Jun 22, 2026 · synced every 2 min · your inquiry is never resold
940 Gates AVE #B5, NORFOLK VA 23517 - Main photo
$142,000
$214 / sqft · est. $1,248/mo →
1beds
1baths
663sqft
13days on market

940 Gates Ave #B5, Norfolk, VA 23517

SoldResidential · built 1930 · GHENT

About this home

The listing, in the seller's words

Charming classic one bedroom condo tucked inside the historic Del Argo building in the heart of Ghent! Full of timeless character and warmth, this light filled home is the perfect opportunity to own your own piece of one of Norfolk's most beloved neighborhoods. Beautiful hardwood floors, a traditional layout, separate dining room, in-unit washer and dryer, and character-filled bathroom create a space that feels both functional and inviting. Bright interiors and leafy treehouse views give the home such a cozy, peaceful feel while still being right in the middle of everything. Freshly painted and move-in ready, this condo blends historic charm with comfortable city living. Ideally located just moments from EVMS, Downtown Norfolk, the Elizabeth River Trail, parks, dining, and all that Ghent has to offer. Perfect for anyone looking for low maintenance living in an unbeatable location!

Listing courtesy of Annie Culver Bird · BHHS RW Towne Realty · REIN MLS #10634727

Schools

Info provided by GreatSchools

Facts & features

The record, sourced

Type

Residential

Year built

1930

Price / sqft

$214

Condo fee

$326/mo

Taxes

$1,726/yr

County

Norfolk VA

Waterfront

Yes

MLS #

10634727

Condo association includes

Trash PickupWater

$326/mo condo fee · Del Argo Condominium Association · per the REIN MLS listing record — confirm inclusions with the association.

Interior

Bedrooms
1
Full baths
1
Approx. sqft
663
Stories
3
Flooring
Vinyl, Wood
Total rooms
4
Appliances
Dishwasher, Dryer, Microwave, Elec Range, Refrigerator, Washer
Equipment
Ceiling Fan

Construction & exterior

Style
Apartment, Traditional, Tri-Level
Subtype
Attached
Foundation
Basement
Roof
Asphalt Shingle
Exterior
Brick
Pool
No Pool
Waterfront
Not Waterfront

Utilities & systems

Heating
Heat Pump, Nat Gas
Cooling
Other, Window/Wall
Water heater
Electric
Water
City/County
Sewer
City/County

Lot, parking & ownership

Subdivision
GHENT
Unit / floor
3
Ownership
Condo
Garage
No
Parking
Street
Possession
SETTLEMENT
Disclosures
Common Interest Community, Disclosure Statement

See more Norfolk condos & townhomes.

Sources: REIN MLS record · city assessor · null fields are suppressed, never faked

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510104

Flood Risk

Looking up FEMA flood zone…

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

Ghent

Ghent is a historic neighborhood in Norfolk, Virginia, known for its tree-lined streets and early 20th-century architecture.

$285K

Median sale · 12 mo

$233

Sold $/sq ft

23d

Days on market

64

For sale now

$83K

HH income

31.7%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore Ghent
Map of Ghent with neighborhood boundaryNeighborhood

browse Norfolk listings

Location intelligence

Minutes to real places, not a score

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

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.

The numbers

Run the real carrying cost

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$1,248/mo

Principal & interest

$737

Property tax

$144

Home insurance

$41

PMI

None

HOA

$326

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.

Value & history

Judge value on real ground

Asking vs. assessment

74% of $192,300

City assessment record · taxes $1,726/yr

Land share of assessed value

15% — $29,200

Improvements $163,100 · assessor record ✓

Why we show no algorithmic estimate.

National AVMs misprice homes whose value drivers they can't see. Instead: the sourced assessment above, the carrying cost, real price history, and honest comparables below.

Price context — similar nearby homes

$116,000$210,000

The 6 most similar homes nearby (same city, within ~20% of this size, ~2.5 mi; 6 sold). Context for judging the asking price — not an appraisal or an estimate of this home's value.

407 Warren CRES #2 · 1 mi · 647 sqft$175,000 sold 2026-06
450 W Princess Anne Road NONE #204 · 0.6 mi · 734 sqft$195,000 sold 2026-02
1115 Colley AVE #A3 · 0.3 mi · 771 sqft$116,000 sold 2026-04

Sale & Tax History

List Price

$142,000

Price / Sq Ft

$214

Annual Taxes

$1,726

Monthly Tax

$144

Condo fee

$326 / mo

Tax Rate (effective)

1.22%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 9, 2026$142,000
Price increasedJun 22, 2026$142,000+$10,000
SoldJun 18, 2026$142,000

Public-Records Assessment

Source: City Assessor via Hampton Roads Regional Parcels.

26% below assessment

Total Assessed

$192,300

Land

$29,200

Improvement

$163,100

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:

Norfolk 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.

Questions buyers ask

Real questions, answered from the record

Is 940 Gates Ave #B5 in a good school zone?+
The assigned zones on the listing record are Walter Herron Taylor Elementary, Blair Middle (GreatSchools 4/10), Maury (GreatSchools 3/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 940 Gates Ave #B5 in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Is there a gym near 940 Gates Ave #B5?+
Yes — Meyer Fitness Personal Training Studio is about 0.1 miles away, per the cached nearby-places record for this address.
Are there parks near 940 Gates Ave #B5?+
Yellow Fever Park is about 0.3 miles away.
Where is the nearest grocery store to 940 Gates Ave #B5?+
The Fresh Market is about 0.2 miles away. The closest dining on record is The Taphouse Grill (0.1 mi).
Does 940 Gates Ave #B5 have a condo association?+
Yes — condo association fees are on record for this unit (the current amount is shown in the facts section on this page). The association of record is Del Argo Condominium Association. Association amenities on record include: Trash Pickup, Water.
When was 940 Gates Ave #B5 built?+
It was built in 1930, per the listing record.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

LPT Realty · Hampton Roads · answer their own phone

✓ Your inquiry goes to Tom & Dariya — never sold to strangers

Listing courtesy of Annie Culver Bird · BHHS RW Towne Realty · REIN MLS #10634727

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

This one's sold — the next one doesn't have to be.

940 Gates Ave #B5, Norfolk, Virginia 23517 · MLS #10634727 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.