Central Portsmouth Homes under $300,000

Welcome to Central Portsmouth, Virginia, a vibrant city steeped in rich history and modern charm. Nestled along the banks of the Elizabeth River, this historic port city offers a unique blend of Southern hospitality and urban convenience. With its picturesque waterfront, Central Portsmouth is not just a place to live; it’s a community that embraces both its past and its future.

Central Portsmouth boasts a diverse array of neighborhoods, making it an ideal location for families, young professionals, and retirees alike. The city is known for its friendly atmosphere, excellent schools, and an abundance of parks and recreational facilities. From the historic Olde Towne district, with its quaint shops and cafes, to the bustling waterfront area, there’s always something to explore.

One of the most enticing aspects of Central Portsmouth is the availability of homes under $300,000. This affordability opens the door for first-time homebuyers and those looking to invest in real estate. Whether you’re seeking a charming bungalow, a cozy townhouse, or a modern condo, you’ll find a variety of options that fit your budget without sacrificing quality or comfort.

With its strategic location just a short drive from Norfolk and Virginia Beach, Central Portsmouth offers quick access to major employment centers, shopping, and entertainment. The vibrant local culture, combined with affordable housing, makes this city an attractive option for anyone looking to call Virginia home.

Discover the charm of Central Portsmouth today, where your dream home awaits at a price you can afford!

Newest Central Portsmouth Homes under $300,000

$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, Central 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, Central 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, Central 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, Central 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, Central 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, Central 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, Central 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, Central 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, Central Portsmouth

454 Florida Avenue Unit E, Central Portsmouth

$95,000

1 Beds ⋅ 1 Baths ⋅ 10655957 MLS

Welcome to this charming 1-bedroom, 1-bath condo offering comfortable, low-maintenance living in Portsmouth. The thoughtfully designed floor plan features a spacious living area, functional kitchen, and well-proportioned bedroom with convenient access to the full bath. Reserved parking adds everyday convenience, while the condo setting provides an easy alternative to traditional home maintenance. Conveniently located near shopping, dining, entertainment, major roadways, and Portsmouth’s waterfront attractions. Whether you're looking for a primary residence or investment opportunity, this condo offers plenty of potential. Schedule your showing today!

454 Florida Avenue Unit E, Central Portsmouth

$279,900

3 Beds ⋅ 2 Baths ⋅ 10655494 MLS

Full of character and versatility, this 3-bedroom, 2-bathroom home offers space to live, work, entertain and finished upstairs could be a 4th bedroom and second living space! Spacious eat-in kitchen with all new appliances, brand new Washer and Dryer, NEW SOLAR PANELS INCLUDED AT NO COST to you allows your new home to produce all power necessary without the costly power bills. HUGE detached garage with a finished bonus room above, complete with its own private entrance, whether you envision a home office, game room, guest retreat the possibilities are endless. Outside, enjoy a great sized fenced backyard featuring a dedicated dog run, a peaceful koi pond, and plenty of room to play or unwind. The screened-in front porch is the perfect place to enjoy your morning coffee or relax at the end of the day. With its unique layout and inviting outdoor spaces, this home offers plenty of opportunity to make it your own!

3607 Braxton Avenue, Central Portsmouth

$285,000

3 Beds ⋅ 2 Baths ⋅ 10655603 MLS

Welcome to this charming 3-bedroom, 2-bath home featuring a versatile bonus room great for a home office, playroom, or flex space. The open-concept floor plan offers a spacious kitchen with a large island that's ideal for entertaining or gathering with family and friends. The laundry room is conveniently located just off the kitchen for everyday ease. A separate side entrance leads to a utility room that could easily be used as a home gym, workshop, or additional storage. Major updates include a new roof and windows in 2018 and new flooring in 2025. Enjoy cozy evenings by the wood-burning fireplace (conveys as is). This home offers comfort, flexibility, and great space for modern living!

2605 Roanoke Avenue, Central 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.