Sold

$225,000

4508 Newport Ave, Norfolk, VA 23508

4beds

1,823sqft

Single Family Residence

Built in 1923

4,791 Square Feet Lot

$398,500 Zestimate^®

$123/sqft

$2,863 Estimated rent

Home value

$398,500

$375,000 - $422,000

$2,863/mo

Zestimate^® history

Owner options

List your home for rent

$2,863/mo

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$2,863/mo

Rent Zestimate^®

Refinance and save

$1,141/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$1,141/mo

Est. payment

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What's special

Surrounded by renovated homesTrim moldingHardwood floors

Great opportunity in the desirable Colonial Place neighborhood of Norfolk! This 4-bedroom home is ready for your vision and updates. Ideal for investors or buyers looking to build sweat equity, this property offers classic charm with hardwood floors and trim molding, and strong potential for rehab or rental income. Surrounded by renovated homes and just blocks from the Lafayette River, this is your chance to bring a fixer-upper back to life in a sought-after location. Whether you're looking to renovate and hold, flip, or create your dream home, the possibilities are endless. Don't miss out on this prime opportunity to invest in a neighborhood known for its character, walkability, and community vibe.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Hot Water, Radiator

Cooling

Wall/Window Unit(s)

Appliances

Included: None, Water Heater

Features

Flooring: Carpet, Wood
Basement: Crawl Space
Number of fireplaces: 1

Interior area

Total interior livable area: 1,823 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Features

Stories: 3
Pool features: None
Fencing: None
Waterfront features: Not Waterfront

Lot

Size: 4,791 Square Feet

Details

Parcel number: 41239900
Zoning: R-8

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman,Traditional
Property subtype: Single Family Residence

Materials

Brick
Roof: Slate

Condition

Fixer
New construction: No
Year built: 1923

Utilities & green energy

Sewer: City/County
Water: City/County

Community & HOA

Community

Subdivision: Colonial Place

HOA

Has HOA: No

Location

Region: Norfolk

Financial & listing details

Price per square foot: $123/sqft
Tax assessed value: $330,800
Annual tax amount: $3,927
Date on market: 7/29/2025

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$4,069 +3.6%	$330,800 +3.6%
2024	$3,927 +4%	$319,300 +5.7%
2023	$3,778 +6.3%	$302,200 +6.3%
2022	$3,553 +2%	$284,200 +2%
2021	$3,481 +2%	$278,500 +2%
2020	$3,413 +2.1%	$273,000 +2.1%
2019	$3,344 +379.3%	$267,500 +3.2%
2018	$698 +23.8%	$259,200 +1.3%
2017	$564	$255,800 +6%
2016	$564 +29.3%	$241,300
2015	$436	$241,300
2014	$436	$241,300
2013	--	$241,300
2012	--	$241,300 -3.9%
2011	--	$251,100 -3.3%
2010	--	$259,700 -7.4%
2009	--	$280,500 +1.4%
2008	--	$276,700 +0%
2007	--	$276,600 +16.8%
2006	--	$236,800 +14.1%
2005	--	$207,500 +67.9%
2004	--	$123,600 +15.9%
2003	--	$106,600 +19.9%
2000	--	$88,940