Portsmouth Homes under $400,000

Welcome to Portsmouth, Virginia – a city steeped in rich history, vibrant culture, and a welcoming community spirit. Nestled along the Elizabeth River, Portsmouth boasts a unique blend of old-world charm and modern amenities, making it an ideal place to call home. Known for its historic waterfront, residents enjoy picturesque views, scenic parks, and a plethora of recreational activities, from boating to biking along the riverfront.

Portsmouth is more than just a beautiful backdrop; it’s a thriving city with a strong sense of community. The city hosts a variety of events throughout the year, including art festivals, farmers' markets, and live music performances, ensuring there’s always something to enjoy. With a diverse array of restaurants, shops, and cultural attractions, you’ll find plenty of opportunities to explore and indulge in the local lifestyle.

For those considering making Portsmouth their home, you’ll be pleased to discover an array of housing options available, especially under $400,000. This price point opens the door to charming single-family homes, cozy townhouses, and even some modern condos, all offering great value for your investment. Whether you’re a first-time homebuyer or looking to downsize, Portsmouth’s real estate market presents a variety of choices that cater to your needs.

With its affordable housing, rich history, and vibrant community, Portsmouth, VA, is truly a hidden gem waiting to be discovered. Come explore the possibilities and find your perfect home in this delightful city!

Newest Portsmouth Homes under $400,000

$259,000

4 Beds ⋅ 1 Baths ⋅ CVR-2628886 MLS

Welcome home to this beautifully refreshed 4-bedroom, 1-bath home at 305 Arizona Street, offering comfort, charm, and plenty of recent updates! Step inside to discover fresh paint throughout, brand-new luxury vinyl plank (LVP) flooring (2026), and new carpet (2026) that gives the home a clean, modern feel. Enjoy peace of mind with major improvements already completed, including a newer roof (2017), HVAC system & duct work (2022), electric panel (2023), and vinyl replacement windows (2018). Private rear yard with Hardscape patio and firepit in the rear yard overlook a bluff that leads to the Elizabeth River. The functional floor plan offers four bedrooms with flexibility for a home office, guest room, or additional living space. A one-car garage provides convenient parking and extra storage. Whether you're a first-time homebuyer, looking to downsize, or searching for a move-in-ready home, this property offers a great combination of updates, space, and value. Don't miss your opportunity to make this home yours! Property is located just minutes to shopping, interstates, and local restaurants.

305 Arizona Street, Portsmouth

$235,000

3 Beds ⋅ 3 Baths ⋅ CVR-2622693 MLS

Welcome home to this inviting, move-in-ready two-story home in Portsmouth's Prentis Park! Boasting nearly 1,600 square feet, this 2007-built property features fresh interior paint, updated flooring, and new wall-to-wall carpet upstairs. The open main level seamlessly connects the living, dining, and eat-in kitchen area—complete with a pantry, dishwasher, disposal, and half bath. Upstairs offers three spacious bedrooms and two full baths, including a primary suite. Enjoy major peace of mind with a new outdoor HVAC condenser unit to be installed prior to settlement! Additional highlights include ceiling fans, washer/dryer hookups, a front porch, an attached one-car garage, and a paved driveway. Assigned schools include Brighton Elementary, Brighton Middle, and I.C. Norcom High School. Schedule your tour today!

1201 Fayette Street, Portsmouth

$349,000

4 Beds ⋅ 2 Baths ⋅ CVR-2622375 MLS

20K PRICE DROP!! Motivated Seller!!- offering 2 Points towards closing cost!! Charming 4-bedroom rambler featuring energy-efficient solar panels, a detached garage, a generator and a convenient location just minutes from Rivers Casino Portsmouth. This single-level home offers a functional layout with a bright living area, comfortable bedrooms, and an easy-flow floorplan ideal for everyday living. Finished room off the kitchen can serve as an office, 5th bedroom or support a pool table/game room. The solar system (60K value) will be fully paid off and the new owner long-term utility savings. Immaculate detached garage (with terrazzo floor) adds valuable storage, parking, or workshop flexibility. Situated in a quiet residential neighborhood with quick access to entertainment, dining, and major commuter routes, this property delivers both comfort and convenience.

911 bold, Portsmouth

$285,000

3 Beds ⋅ 2 Baths ⋅ CVR-2619889 MLS

Fully remodeled and move-in ready. Property features brand-new carpet throughout, new stainless-steel appliances, new roof, and a new HVAC system. Fresh interior updates provide a clean and modern feel. Major systems and finishes have been replaced, offering buyers peace of mind and long-term efficiency. Convenient layout with bright living spaces and updated kitchen. A solid, turnkey option with significant recent improvements.

1910 Piedmont Avenue, Portsmouth

$209,900

3 Beds ⋅ 2 Baths ⋅ CVR-2619779 MLS

Updated 3-bedroom, 2-bath ranch in Portsmouth’s established Shea Farms neighborhood. The home offers an updated interior, spacious living areas, a functional single-level floor plan, driveway, storage shed, and generous backyard. Convenient to shopping, restaurants, schools, parks, military bases, major highways, and downtown Portsmouth. Closing-cost assistance available. Inspection report available upon request. Property is offered strictly AS-IS, WHERE-IS.

49 Harvard Road, 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.

Portsmouth Homes under $400,000

Newest Portsmouth Homes under $400,000

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