Northwest Portsmouth Homes under $500,000

Northwest Portsmouth Homes under $500,000

Welcome to Northwest Portsmouth, Virginia – a hidden gem that beautifully blends historical charm with modern living. Nestled in the heart of Portsmouth, this vibrant community is known for its friendly atmosphere, picturesque streets, and rich maritime heritage. With its close proximity to the Elizabeth River and an array of recreational parks, Northwest Portsmouth offers residents a serene escape from the hustle and bustle of city life while still being conveniently located near major highways and local amenities.

Homebuyers will be delighted to discover a diverse selection of homes under $500,000 in this appealing area. From cozy bungalows to spacious family homes, Northwest Portsmouth boasts a variety of architectural styles that cater to different tastes and lifestyles. Many properties feature inviting front porches, lush gardens, and modern updates, making them perfect for families, first-time buyers, or those looking to downsize.

The community is also rich in cultural experiences, with local art galleries, charming cafes, and historic sites just a stone's throw away. Residents enjoy a strong sense of community, with events and gatherings that foster connections among neighbors. Additionally, the area's excellent schools and family-friendly parks make it an ideal place to raise children.

Whether you’re searching for your first home or looking to invest in a property with character and charm, Northwest Portsmouth offers an array of options that fit your budget. Experience the warmth and allure of this delightful community, where you can find not just a house, but a place to call home.

Newest Northwest Portsmouth Homes under $500,000

4385 Point West Drive Unit 44, Northwest Portsmouth
$259,900
2 Beds ⋅ 2.1 Baths ⋅ 10658305 MLS
Great opportunity for sweat equity in a fantastic neighborhood. Priced 100k+ below renovated value. Property conveys as-is. Seller makes no representations or warranties regarding property condition.

4385 Point West Drive Unit 44, Northwest Portsmouth
5400 Lilac Crescent, Northwest Portsmouth
$375,000
4 Beds ⋅ 2.1 Baths ⋅ 10658084 MLS
Brick Ranch with extensive renovations and a Backyard to Love! Situated on a corner lot, this beautiful home was renovated down to the studs in mid-2024, improvements include new interior plumbing (excluding plumbing beneath the house), windows, electrical, kitchen, bathrooms, ductwork, HVAC, drywall, and paint. The eat-in galley kitchen features all new sage-green soft-close cabinetry, quartz countertops, appliances, a breakfast bar, a bay window, and tons of storage. Enjoy abundant natural light from solar tubes and skylights with remote-controlled blinds. The spacious floor plan offers a formal living room or office, formal dining room, a large great room and a cozy gas fireplace. A convenient main-level half bath is perfect for guests, while the fourth bedroom is privately situated in the room over the garage. Outside, discover a huge, fully privacy-fenced backyard with a deck; perfect for entertaining, relaxing, gardening, or creating your own private outdoor retreat!

5400 Lilac Crescent, Northwest Portsmouth
3521 Doerr Road, Northwest Portsmouth
$365,000
3 Beds ⋅ 1.1 Baths ⋅ 10658253 MLS
Classic construction meets thoughtful updates at 3521 Doerr Road in Portsmouth's Greenfield Farms neighborhood. Built by Earl Drum and owned by just two owners, this 3-bedroom, 1-full-bath, 1-half-bath home offers approximately 1,558 square feet on a 0.27-acre lot. Hardwood floors add warmth, while a fireplace provides a welcoming focal point. Updated bathrooms bring a fresh touch to the home's timeless character. Recent improvements include a new sewer line to the street in 2025, a water heater in 2024, and HVAC in 2018; the roof is approximately 14 years old and has 30-year shingles. Outside, the fenced backyard offers room for gardening, outdoor meals, or relaxing. With no HOA and convenient access to interstate routes, shopping, and military installations, this classic ranch pairs enduring appeal with practical updates.

3521 Doerr Road, Northwest Portsmouth
3807 Banister River Reach Unit C, Northwest Portsmouth
$230,000
2 Beds ⋅ 2.1 Baths ⋅ 10658250 MLS
Don't miss this adorable town house situated in a well kept community. Includes access to community pool, clubhouse, and park. Plenty of opportunity to make this space fit your dreams.

3807 Banister River Reach Unit C, Northwest Portsmouth
5817 Craneybrook Lane, Northwest Portsmouth
$389,900
4 Beds ⋅ 2.1 Baths ⋅ 10658132 MLS
Turnkey brick ranch on nearly a half-acre in Churchland! This move-in ready home features an updated kitchen and a modernized primary bath. Enjoy ultimate outdoor living in the fully fenced backyard complete with a detached garage/workshop, a chicken coop, a front yard eucalyptus tree, and established herb gardens front and back. Key updates include a 2018 heat pump and a 30-year architectural shingle roof (approx. 5–10 yrs old per recent inspection). Convenient to I-664, local dining, shopping, and regional military bases. Don't miss this rare find!

5817 Craneybrook Lane, Northwest Portsmouth
4004 Clifford Street, Northwest Portsmouth
$327,500
4 Beds ⋅ 3.1 Baths ⋅ 10658121 MLS
Spectacular fully renovated 4 Bedrooms, 3.5 Bathrooms located in the sought after WESTHAVEN. This house has been REHABBED this 2026. The main space offers a Georgeus open concept KITCHEN, BRAND NEW CABINETS, QUARTZ Counter-tops. It has upgraded WIRING, upgraded PLUMBING, NEW LVP FLOORING, New Carpet, NEW PAINT, NEW ENERGY STAR APPLIANCES, Recessed lighting, Ceiling Fans, and much more!. 2.5 FULL BATHROOMS with CERAMIC TILE FLOORS, and stylish fixtures all around the house. The home was expanded with a spacious addition with its own Full Bathroom and a Kitchenette, offering flexibility or potential income. Conveniently located near tunnels, medical facilities, restaurants, Norfolk Naval Shipyard and interstates. Make your appointment NOW before it is too late.

4004 Clifford Street, Northwest Portsmouth
3841 Peachtree Lane E, Northwest Portsmouth
$195,000
2 Beds ⋅ 1 Baths ⋅ 10658106 MLS
Welcome to 3841 Peachtree Ln E in Portsmouth! Located in the Peachtree community in the Churchland area, this single-story home offers an opportunity to make a place your own in an established residential neighborhood. With approximately 1,044 square feet of living space, the home offers a practical layout with room to make the most of every square foot. Whether you're looking for a place to call home or exploring your next real estate investment, this property is worth a closer look. Conveniently situated in Portsmouth, you'll have access to the surrounding Hampton Roads area while enjoying the feel of a residential neighborhood. Come see the possibilities and envision what this home could become!

3841 Peachtree Lane E, Northwest Portsmouth
5720 Dunkin Street, Northwest Portsmouth
$325,000
3 Beds ⋅ 2 Baths ⋅ 10657854 MLS
Welcome home to this beautifully renovated property in Portsmouth! Step inside to discover brand-new LVP flooring throughout the main living areas, fresh carpet in the bedrooms, and updated lighting and fixtures. The completely renovated kitchen offers a fresh, modern space for everyday living and entertaining, while the brand-new bathrooms feature stylish finishes. Outside, enjoy a new back deck overlooking a spacious lawn with plenty of room to relax, garden, or gather. An additional storage shed provides convenient space for tools, lawn equipment, and more. Situated on a quiet street with easy interstate access and close proximity to shopping, dining, and everyday conveniences, this move-in-ready home is one you won’t want to miss. Schedule your tour today!

5720 Dunkin Street, Northwest Portsmouth
5210 Clover Hill Dr Drive, Northwest Portsmouth
$174,950
2 Beds ⋅ 1.1 Baths ⋅ 10657884 MLS
Whether you're a homebuyer searching for an affordable new home or an investor seeking a great addition to your portfolio, this townhome offers endless potential. This home features a family room with sliders out to a patio and your private fenced backyard, dining area and a kitchen ready for your personal touch. Two spacious bedrooms are upstairs with a shared bath. This property is just waiting for your remodel to shine again! Some photos staged or virtually enhanced. Due to condition, will not qualify for a standard mortgage loan. Cash or a rehab loan only. Enjoy the convenience of the location with easy access to schools, shopping, dining, and interstate. Don’t miss out on this fantastic opportunity! Call your Realtor and schedule your showing today!

5210 Clover Hill Dr Drive, Northwest Portsmouth
3344 Clover Hill Drive, Northwest Portsmouth
$240,000
3 Beds ⋅ 2.1 Baths ⋅ 10657712 MLS
Spacious 3 bedrooms, 2.5 bath brick townhome in the Churchland area! Roof replaced 2013, HVAC 2022, and kitchen recently updated with new cabinets and stainless steel appliances. No association fees! The primary bedroom includes a bathroom, walk-in closet and an additional smaller closet. Downstairs boasts a large family room that opens to a private fenced back yard. There is a separate laundry, living and dining room area with plenty of storage throughout the home! A must see!

3344 Clover Hill Drive, Northwest Portsmouth
4904 Briarwood Lane, Northwest Portsmouth
$345,000
3 Beds ⋅ 1.1 Baths ⋅ 10657540 MLS
Welcome to your new home! Upon entry in this brick ranch, you're greeted with hardwood floors that flow throughout the home. The focal point of the living room is the massive wood fireplace and natural light. The kitchen is an entertainer's dream with loads of storage and counter space, stainless steel appliances and an eat-in breakfast nook. There is a beautiful front porch in addition to a screened in back porch. The backyard is fully fenced and spacious. Attached garage perfect for storage. This one is a beauty! Make your appointment to view today.

4904 Briarwood Lane, Northwest Portsmouth
3904 Marsha Street, Northwest Portsmouth
$349,900
10657338 MLS
Residential Conversion - Single family to Multi-family. 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. Refrigerators, Electric stoves, HVACs, (washer and dryer in Unit B) convey as is.

3904 Marsha Street, Northwest 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.

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