Portsmouth VA County Homes under $500,000

Welcome to Portsmouth, Virginia, a charming city steeped in rich history and vibrant culture, nestled along the beautiful shores of the Elizabeth River. With its picturesque waterfront parks, historic architecture, and a strong sense of community, Portsmouth offers a unique blend of urban living and small-town charm. This dynamic city is not only known for its friendly atmosphere but also for its diverse array of recreational activities, from exploring the local museums to enjoying the scenic views at the waterfront.

For homebuyers seeking affordability without compromising on quality, Portsmouth is an excellent choice. The real estate market here features a variety of homes priced under $500,000, making it an ideal destination for first-time buyers, families, and investors alike. You’ll find everything from cozy bungalows to spacious family homes, each offering the potential to create lasting memories. The neighborhoods are welcoming, with tree-lined streets and a strong sense of community spirit.

Additionally, Portsmouth's strategic location provides easy access to the greater Hampton Roads area, including nearby Norfolk and Virginia Beach, making it a convenient hub for commuters and those seeking to enjoy the best of coastal living. With its affordable housing options and a lifestyle that celebrates both history and modern convenience, Portsmouth, VA, invites you to discover your dream home in this charming city. Come explore the possibilities and experience the warmth of Portsmouth living!

Newest Portsmouth VA County Homes under $500,000

$335,000

10656570 MLS

STOP EVERYTHING & CALL NOW: Lease one unit & live in the other almost mortgage free! Or Investor adding to rental portfolio. This Turn Key beauty of a Duplex makes a VERY Smart Buy! Both Units w/own meter & entrances-Spacious updated bright airy w/easy flow & they are a Wow!BOASTS: 2023 Roof, Windows , Updated appliances and more!!! 1ST FLR: 2 bed 1 Bath w/Liv Rm & Office Area, Laundry room w/storage & spacious eat-in kitchen. 2ND FLR: Could be 2br (depend on need) plus office 1 Bath. Deep lot w/1 car det Gar & Storage areas- Easy access to shops eats fun interstate medical Norfolk Navel & More.

2102 Elm Avenue, Portsmouth

$320,000

4 Beds ⋅ 2 Baths ⋅ 10656587 MLS

HomeSpire Home Loans offering 1% buyer concession for anyone using them as buyers lender. Ask about the 2-1 interest rate buy down. Solar Panels at no cost to buyer. To be paid off at closing by seller. Welcome to 3501 Arlington Place in Portsmouth's desirable Westhaven neighborhood! This move-in-ready 4-bedroom, 2-bath home offers the perfect blend of comfort, style, and convenience. Inside, you'll find hardwood and ceramic tile flooring throughout, providing timeless appeal and easy maintenance. Situated on a spacious corner lot, there's plenty of room to enjoy the outdoors, including a saltwater above-ground pool. Energy-efficient solar panels reduce utility costs, while the prime location places you just minutes from military bases, shopping, dining, parks, and major interstates. Don't miss your opportunity to own this exceptional home—schedule your private showing today!

3501 Arlington Place, Portsmouth

$355,000

4 Beds ⋅ 2.1 Baths ⋅ 10656527 MLS

Experience modern living in this newly constructed home. Featuring expansive living areas, it offers the perfect setting for both entertaining guests and everyday relaxation. The open-concept, contemporary kitchen is thoughtfully designed with sleek finishes and meticulous attention to detail. Retreat to the inviting primary suite for rest and rejuvenation after a long day. Attached garage and ample closet space throughout the home ensure all your storage needs are easily met. Don't miss this exceptional opportunity to own a beautifully finished, home to be complete at the end of November! Close to interstates, bases, and shopping!

610 Phillips Avenue, Portsmouth

$499,900

4 Beds ⋅ 3 Baths ⋅ 10656560 MLS

Space, character, and room to make it your own in Churchland’s established Green Acres neighborhood! Situated on approximately 1.15 acres, this spacious 4-bedroom, 3-bath home offers approximately 4,038 square feet, hardwood floors, abundant natural light, and charming details throughout. Multiple living areas provide flexibility for gathering, working from home, or creating your own quiet retreat. A generous kitchen offers ample cabinetry, while built-in storage adds to the home’s character. Outside, enjoy an expansive lawn, mature trees, and a substantial attached garage with room for vehicles, hobbies, and storage. Take the opportunity to bring your vision to a distinctive property with impressive space inside and out. Come explore the possibilities at 4700 Norman Road!

4700 Norman Road, Portsmouth

$250,000

3 Beds ⋅ 2 Baths ⋅ 10656558 MLS

Bring your vision to this classic brick ranch in Portsmouth. The home offers approximately 1,282 square feet of living space, a fireplace, central air, and a 6,534-square-foot lot. Major updates include a new roof, HVAC system, and water heater, all installed in 2024. Outside, enjoy a fenced backyard, storage shed, and a mix of garage and off-street parking. A great opportunity to make a home your own—schedule a visit and explore its potential. This property is being offered As-is.

118 Woodstock Street, Portsmouth

$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

$310,000

3 Beds ⋅ 2 Baths ⋅ 10656533 MLS

Welcome to this spacious 3 bedroom, 2 bath brick ranch in Portsmouth’s Douglas Park neighborhood, where comfortable one level living meets plenty of room to gather. Inside, you’ll find multiple living spaces, including a cozy living room with fireplace, a generous family room, dining area and sunroom that adds even more flexibility. The kitchen offers plenty of counter space and room for casual dining. Three well sized bedrooms, two full baths and an easy flowing layout make the home feel both comfortable and functional. Outside, enjoy a large fenced backyard, storage shed and extended driveway. Major updates include the roof and AC in 2022 and water heater in 2025. White exterior shutters will be installed prior to settlement.

31 Radford Street, 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

$349,900

4 Beds ⋅ 2.1 Baths ⋅ 10656396 MLS

Experience modern living in this newly constructed, move-in-ready home. Featuring expansive living areas, it offers the perfect setting for both entertaining guests and everyday relaxation. The open-concept, contemporary kitchen is thoughtfully designed with sleek finishes and meticulous attention to detail. Retreat to the inviting primary suite for rest and rejuvenation after a long day. Attached garage and ample closet space throughout the home ensure all your storage needs are easily met. Don't miss this exceptional opportunity to own a beautifully finished, home to be complete at the end of November! Close to interstates, bases, and shopping!

612 Phillips Avenue, Portsmouth

$349,900

5 Beds ⋅ 3.2 Baths ⋅ 10656170 MLS

Renovated duplex with a well maintained yard. Quiet single family neighborhood. Large rooms, lots of closet space, gas heat and central air conditioning. Directly adjacent to the Western Branch Trail. Large fully fenced yard with deck and shed. Unit A which is available for immediate occupancy has three bedrooms and 1.5 bathrooms. Unit B which is occupied has two bedrooms and two full bathrooms. Yard maintenance to be provided by the owner. New dishwasher. Refrigerator, stove and HVAC to be conveyed as is.

3904 Marsha Street, 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

$435,000

4 Beds ⋅ 3 Baths ⋅ 10656373 MLS

This 4 bed, 3 bath home has been fully renovated and is move in ready! Enter into your new home where the living room flows seamlessly into the kitchen and dining area. The kitchen features brand new cabinetry, granite counter tops, stainless steel appliances, a beautiful farmhouse sink and a large pantry with plenty of storage. Downstairs you will also find brand new LVP flooring throughout, a den with built in shelving, a bedroom with a walk-in closet, a full bathroom and an extra space that could be an office, playroom or easily turned into a 5th bedroom. Upstairs features brand new carpet, a master bedroom with a tiled shower, and a massive walk-in closet, as well as two additional bedrooms. Fresh paint and new fixtures throughout. Brand new HVAC. This home checks all the boxes and is ready for you to call it yours today!

4029 Wyndybrow Drive, Portsmouth

Start Your Search

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.