Portsmouth VA County Homes under $300,000

Welcome to Portsmouth, Virginia—a vibrant city steeped in rich history and Southern charm. Nestled along the banks of the Elizabeth River, Central Portsmouth offers a unique blend of urban convenience and small-town warmth. With its friendly neighborhoods, picturesque waterfront views, and a strong sense of community, it's no wonder that many are choosing to call this area home.

One of the most appealing aspects of Central Portsmouth is the accessibility of affordable housing options. For those seeking homes under $300,000, the area is a treasure trove of possibilities. From cozy bungalows to charming townhouses, you’ll find a variety of properties that cater to diverse lifestyles and budgets. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Portsmouth has something special waiting for you.

Imagine living just minutes away from the bustling downtown, where you can explore eclectic shops, dine at delightful local eateries, and enjoy cultural events throughout the year. The city’s rich maritime heritage is evident in its beautiful parks and waterfront areas, perfect for a leisurely stroll or a family picnic. Plus, with easy access to major highways and public transportation, commuting to nearby cities is a breeze.

Portsmouth is more than just a place to live; it’s a community where neighbors become friends and memories are made. With an array of homes available under $300,000, now is the perfect time to discover the charm of Central Portsmouth and find the home of your dreams. Come explore this hidden gem in Virginia—you may just fall in love!

Newest Portsmouth VA County Homes under $300,000

$264,900

3 Beds ⋅ 2 Baths ⋅ 10656540 MLS

Character, natural light, and room to make it your own in Westhaven Park. This 3-bedroom, 2-bath home sits on a corner lot and pairs inviting living spaces with everyday practicality. Exposed ceiling beams and a gas fireplace add warmth, while the bright kitchen offers generous cabinet and counter space. A first-floor bedroom and full bath provide flexibility, with two additional bedrooms upstairs. Step outside to enjoy the deck and yard, plus a detached one-car garage, storage shed, and off-street parking. Located with access to I-264, the Downtown and Midtown tunnels, Norfolk Naval Shipyard, and Naval Medical Center Portsmouth.

3600 Commonwealth Avenue, Portsmouth

$265,000

3 Beds ⋅ 2 Baths ⋅ 10656266 MLS

This fully updated 3-bed, 2-full bath ranch-style home sits in the heart of Cavalier Manor, just moments from local parks and schools. Renovated in 2020 (including the Roof and HVAC); the home offers a bright, functional layout perfect for relaxed living or guests hosting. The spacious primary bedroom contains an en-suite bath and easy access to your backyard. Keep your mind at ease as well, with a brand new 40 oz. Water Heater replaced in May. Along with, replaced floors and sub-flooring in March. The kitchen comes fully equipped with all stainless steel appliances. Solar Panels added a few years ago, and will be paid off by sellers at closing. Consistently bring the monthly electric bill down to roughly $10 a month. Do yourself a favor, and set up a showing today!

906 Hancock Avenue, Portsmouth

$200,000

4 Beds ⋅ 2 Baths ⋅ 10656299 MLS

Sold AS IS, seller to do no repairs. Cash or conventional loans only. Utilities are off. New in 2020/2021- roof, water heater, LVP flooring, bathroom remodel, all duct work in crawlspace, ceiling fans, electrical panel, electrical wiring throughout the entire home updated. Oversized detached garage with built in workbenches, and wired for electricity. 2nd floor in the garage for even more storage. Short distance to the skate park, playground, highway, and Paradise Creek Nature Park.

53 Decatur Street, Portsmouth

$225,000

4 Beds ⋅ 1.1 Baths ⋅ 10656262 MLS

Lots of potential and priced to sell, must be purchased in conjunction with lots located at 3916 South St and 3907 Columbia St. Rehab loan or cash. Good sweat equity for someone willing to put in the work. Large home with over 2200sqft. and unique layout. Potential to build on vacant lot as well. Call listing agent with questions.

3914 South Street, Portsmouth

$135,000

2 Beds ⋅ 1 Baths ⋅ 10656208 MLS

Come take a look a this charming corner lot colonial home. Nice size rooms with family and dining area as well as eat-in kitchen. This a must see! Offers will be reviewed after the property has been exposed on the MLS for 7 calendar days.

4401 South Street, Portsmouth

$240,000

3 Beds ⋅ 2 Baths ⋅ 10656288 MLS

Beautifully renovated and move-in ready! This home has been thoughtfully updated throughout with a fresh, modern feel while still offering comfortable, functional living spaces. The bright kitchen features new cabinetry, countertops and stainless steel appliances, while the spacious primary suite includes a beautiful private bath and generous closet space. Updated bathrooms, new flooring, fresh paint and modern fixtures complete the interior. Enjoy the welcoming covered front porch, great for relaxing at the end of the day. Major systems have also been updated, giving the next owner added peace of mind. Conveniently located near the Norfolk Naval Shipyard, military bases, major highways, shopping and more. Come see this beautifully transformed home for yourself!

2120 Pearl Street, Portsmouth

$249,900

3 Beds ⋅ 1 Baths ⋅ 10656047 MLS

Welcome to 1611 Stratford St in Portsmouth! This inviting home offers a comfortable, functional layout with plenty of potential for its next owner. Enjoy added peace of mind with a NEW ROOF featuring a 5-YEAR WARRANTY that conveys to the new buyer. ALL NEW APPLIANCES also come with a 2-YEAR TRANSFERABLE WARRANTY, providing even more value and confidence. Step outside and enjoy both the front and backyard, offering plenty of space for entertaining, gardening, pets, or simply relaxing. Conveniently located near shopping, dining, military installations, and major highways for an easy commute throughout Hampton Roads. Don’t miss your opportunity to make this Portsmouth home your own—schedule your private showing today!

1611 Stratford Street, Portsmouth

$267,000

4 Beds ⋅ 2 Baths ⋅ 10656069 MLS

Don’t miss this great opportunity to own a beautifully updated ranch-style home conveniently located near the Norfolk Naval Shipyard, Coast Guard and Downtown Norfolk. Enjoy relaxing on the inviting front porch of this well-maintained property featuring numerous updates throughout. Inside, a modern kitchen with refreshed cabinetry, countertops, stone backsplash, LVP flooring, GFCI outlets, and appliances that convey. The formal living room showcases original hardwood flooring and a convenient pass-through to the kitchen. Fresh paint, updated windows (except in the LR), newer HVAC ductwork with gas heat, a newer compressor, a nail-over roof, updated plumbing & newer hot water heater add to the home’s value and comfort. This home offers three bedrooms on the main level plus a finished attic with an additional bedroom and full bathroom (sold as is). New LVP flooring runs throughout for a clean, modern look. Window blinds, washer and dryer convey as is. Outside fenced backyard, shed as is.

209 Hanbury Avenue, Portsmouth

$160,000

2 Beds ⋅ 1 Baths ⋅ 10656125 MLS

Opportunity in Portsmouth! This 2 Bed, 1 Bath home offers potential for buyers looking to personalize a property or investors considering their next project. The home features a functional layout, and the opportunity to update and improve to suit your vision. Conveniently located near shopping, dining, and major roadways.

1392 Wool Avenue, Portsmouth

$230,000

3 Beds ⋅ 1 Baths ⋅ 10655946 MLS

Move-in ready! Welcome to 1908 Roanoke Avenue, where any first-time buyer can make their new home today. Enjoy the custom built-in book shelves in the open living room and newer cabinets, appliances and quartz countertops in the kitchen. This adorable ranch home has all the big-ticket items updated as well: roof, HVAC, windows, water heater, bathroom, and flooring all new in the past 2 years. Outside, the siding was replaced in 2024 while gutters and a storage shed were added in 2025. Close access to the highway means easy commutes to military bases, dining, shopping, casino and more. Check it out today!

1908 Roanoke Avenue, Portsmouth

$265,000

5 Beds ⋅ 2.1 Baths ⋅ 10656077 MLS

Don't miss out on this charming 5 bedroom, 2.5 bath house in historic Port Norfolk area. Renovated in 2023 with Cherry wood kitchen cabinets, Granite countertops and stainless steel appliances. All appliances including 3 year old Whirlpool washer and dryer convey. Architectural roof, water heater and front yard fence installed in 2020. New HVAC 2024 that is still under warranty! Large backyard with privacy fence and front yard fully enclosed too. Nest smart thermostat and Vivint home security system installed that can be sold with the home. Easy access to RT 164, shopping, Midtown Tunnel, Portsmouth Naval Hospital, downtown business district and NNSY. Minutes from your home you have water view in Bruce Johnson Memorial Park on the Elizabeth River and Fountain Park. Located in the Churchland school district. Home is now ready for new owners!

727 Broad Street, Portsmouth

$240,000

3 Beds ⋅ 1 Baths ⋅ 10656060 MLS

Fresh, updated, and ready for its next owner! This 3-bedroom, 1-bath home offers a bright, open layout with plenty of space to spread out and make it your own. The updated kitchen features stainless steel appliances, plenty of cabinetry and generous counter space, and flows nicely into the main living areas—great for everyday living or entertaining. New flooring, fresh paint, new windows and a new roof are just some of the recent improvements. Outside, you’ll find a spacious yard with room to relax, entertain or create your own outdoor space. Convenient Portsmouth location with easy access to shopping, dining, interstates and area military bases. So many of the updates are already done—just bring your furniture and make it home!

505 Kent Drive, Portsmouth

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.