1530 W 40th St, Norfolk, VA, 23508
About This Home
Spacious 6-bedroom home located just minutes from Old Dominion University, offering exceptional flexibility. This vacant property features 2 full bathrooms and 3 half bathrooms with a functional floor plan designed to accommodate a variety of living arrangements. Move-in ready with plenty of potential for future updates and personalization, this home presents an excellent long-term opportunity. Conveniently situated near Old Dominion University, military installations, downtown Norfolk, shopping centers, restaurants, and major transportation routes. A new roof was installed on July 13, 2015. The seller is offering the property in its current condition and has priced it accordingly. Home inspections are welcome for informational purposes only. Immediate occupancy is available at closing. Vacant property with lockbox access. Easy showings through ShowingTime.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1987
Materials
- Roof: Asphalt,Shingle
- Construction materials: Aluminum Siding,Other
Type & Style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Water Heater,Disposal,Ice Maker,Microwave,Oven,Refrigerator
- Laundry features: Washer Hookup,Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Dining Room
- Level: Main
Features
- Ceiling Fan(s)
- Flooring: Partially Carpeted,Vinyl,Wood
- Attic: None
- Finished area below ground: 0
- Finished area above ground: 2,640
Half Bath
- Level: First
Half Bath
- Level: Second
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,640 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Other
- Level: Second
Property
Details
- Parcel number: 09693800
- Zoning description: R-8
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Balcony,Patio
- Exterior features: Paved Driveway
- Fencing: Fenced,Full
- Topography of land: Level
Lot
- Lot size: 2,565 sqft
- Features: Level
- Lot size dimensions: 40 x 200
Parking
- Total spaces: 2
- Parking features: Assigned,Attached,Driveway,Garage,Garage Door Opener,Paved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Hail
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,073 | $24,876 |
| Home Insurance * | $210 | $2,520 |
| Property Taxes | $423 | $5,076 |
| Electricity | $254 | $3,051 |
| Total | $2,960 | $35,520 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listed for sale | $410,000 |
| 2026-06-18 | Listed for rent | $3,100 |
| 2025-06-19 | Listing removed | $3,100 |
| 2025-05-28 | Price change | $3,100 |
| 2025-03-24 | Listed for rent | $3,300 |
| 2025-03-21 | Listing removed | $3,300 |
| 2025-02-27 | Listed for rent | $3,300 |
| 2025-02-27 | Listing removed | $3,400 |
| 2025-02-13 | Price change | $3,400 |
| 2024-12-29 | Listed for rent | $3,300 |
| 2024-12-05 | Listing removed | $3,300 |
| 2024-11-21 | Listed for rent | $3,300 |
| 2024-11-13 | Listing removed | $3,300 |
| 2024-10-29 | Listed for rent | $3,300 |
| 2021-06-11 | Listing removed | -- |
| 2021-02-13 | Listed for rent | $2,250 |
| 2020-12-03 | Listing removed | $2,295 |
| 2020-11-13 | Price change | $2,295 |
| 2020-08-25 | Price change | $2,250 |
| 2020-05-15 | Price change | $1,750 |
| 2020-04-30 | Price change | $2,750 |
| 2020-02-11 | Price change | $1,500 |
| 2019-07-20 | Listed for rent | $2,800 |
| 2019-06-08 | Listing removed | $2,800 |
| 2019-05-09 | Listed for rent | $2,800 |
| 2005-08-18 | Sold | $187,000 |
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