$325,000 | 40 Rader Street Unit 101 Norfolk, VA 23510
EXPERIENCE WATERFRONT LIVING AT THE PIER CONDOMINIUM IN THIS SPACIOUS 1 BEDROOM/1BA UNIT OFFERING APPROXIMATELY 1,300 SQ FT ON THE ELIZABETH RIVER. THIS WELL-MAINTAINED CONDO FEATURES TWO WALK-IN CLOSETS, AN UPDATED BATHROOM WITH BUILT-IN BLUETOOTH, UPGRADED ELECTRICAL, AND A LARGE PRIVATE PATIO—PERFECT FOR RELAXING OR ENTERTAINING. THE KITCHEN IS FULLY EQUIPPED WITH ALL APPLIANCES AND AMPLE SPACE FOR EVERYDAY LIVING. RARE VALUE-ADD OPPORTUNITY—PERMITS ARE ALREADY IN PLACE TO CONVERT TO A 2-BEDROOM, OFFERING FLEXIBILITY TO EXPAND OR INCREASE RENTAL POTENTIAL. INCLUDES AN ASSIGNED BOAT SLIP AND ONE RESERVED PARKING SPACE—HARD-TO-FIND PERKS THAT ELEVATE THE WATERFRONT LIFESTYLE. OFFERING STRONG VALUE FOR ITS SIZE AND LOCATION, JUST MINUTES FROM DOWNTOWN NORFOLK, DINING, SHOPPING, AND ENTERTAINMENT. LUXURY, FLEXIBILITY, AND UPSIDE ALL IN ONE—SCHEDULE YOUR SHOWING TODAY.
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- Listing Price
- $325,000
- MLS#
- 10631616
- Listing Status
- Active
- Listing Type
- Residential
- Property Type
- Attached Residential
- Subdivision Name
- GHENT
- Neighborhood Name
- Null
- Area Name
- 11 - West Norfolk
- Disclosure
- none
- Contigencies
- none
- Ownership
- Condo
- Year Built
- 1918
- Listing Office
- VA Realty Professionals
- Added to Website
- Apr 25, 2026
(2 months ago)
- Acres
- 0.0199
(867 sqft) - Bedrooms
- 1
- Full Bathrooms
- 1
- Half Bathrooms
- 0
- Number of Rooms
- 2
- Living Space
- 1,376 sqft
- Levels
- 1.0
- Architecture
- High Rise
- Roof
- Metal
- Exterior Covering
- Other
- Foundation
- Slab
- Sewer
- City/County
- Noise Zone
- -65 Ldn
- Crash Zone
- None
- HOA?
- Yes
- Taxes*
- $3,456.00/yr
*Tax information provided by listing agent. Please independently verify this information.
- Amenities
- Cable, Clubhouse, Dock, Elevator, Ground Maint, Security
- Rooms
- 1st Floor Primary Bedroom, Assigned Storage, Utility Closet
- Internal Features
- Handicap, Walk-In Closet
- Flooring
- Carpet, Ceramic
- Heating
- Electric
- Cooling
- Central Air
- Water Heater Type
- Electric
- Water Type
- City/County
- Appliances
- Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup
- Other Equipment
- Cable Hookup, Intercom
- Exterior Description
- Cul-De-Sac,Inground Sprinkler
- Fence
- Wall
- Parking
- 1 Space, Assigned/Reserved
- Waterfront
- Yes
- Water Description
- Bulkhead,Deep Water,River
- Pool Description
- No Pool
Public Schools
- School District
- Norfolk Public Schools
- Elementary School
-
Walter Herron Taylor Elementary (1.1 mi)
1122 W. Princess Anne Road
Norfolk, VA 23507
(757) 628-2525 - Middle School
-
Blair Middle (1.1 mi)
730 Spotswood Ave
Norfolk, VA 23517
(757) 628-2400 - High School
-
Matthew Fontaine Maury High (1.1 mi)
322 Shirley Ave
Norfolk, VA 23517
(757) 628-3344 -
The Williams School (0.4 mi)
419 Colonial Ave, Norfolk, VA 23507
(757) 627-1383 -
Yeshiva Aish Kodosh Talmudical Academy (0.5 mi)
612 Colonial Ave, Norfolk, VA 23507
(757) 623-6070 -
Ghent Montessori School (0.6 mi)
610 Mowbray Arch, Norfolk, VA 23507
(757) 622-8174 -
First Presbyterian Preschool (0.6 mi)
820 Colonial Ave, Norfolk, VA 23507
(757) 625-0667 -
First Baptist Ready Academy Christian School (0.9 mi)
418 E Bute St, Norfolk, VA 23510
(757) 622-5650
Private Schools
| Total Population | 6,641 |
|---|---|
| Median Commute Time | 16 mins |
| Median Years in Residence | 3 yrs |
| Median Home Age | 38 yrs |
| Residential Turnover Rate | 25% |
| Median Home Sales Price | $242,225 |
| Average Home Sales Price | $269,308 |
| Average Home Property Tax | $4,351 |
| Crime Risk Index | 215/100 |
| Air Pollution Index | 83/100 |
| Family Households | 1,255/2,987 (42.0%) |
| Households w/ Children | 606/2,987 (20.3%) |
| Average Family Size | 2 |
| Population Density | 5,904/sq. mi. |
| Median Age | 0.99 yrs |
| Median Household Income | $53,199 |
| Per Capita Income | $40,470 |
| White Collar Jobs | 23,170% |
| Overall Weather Risk | 187/100 |
30 year fixed interest mortgage with 10% downpayment:
- Principal and interest:
- $1,353
- Taxes*:
- $288
- Insurance*:
- $75
- Total Monthly Payment:
- $1,716
* Estimates Only! Your rates may vary and will affect your monthly payment.
Contact a Mortgage Professional Today
This 1 bedroom, 1 bathroom home located at 40 Rader Unit 101, Norfolk, VA 23510 has approximately 1,376 square feet. It is currently listed for $325,000 and has a price per sqft of $23,619. This home is currently Active under the MLS#: 10631616. This listing is provided by VA Realty Professionals.
40 Rader Street, Norfolk was built in 1918. It has 1 Space, Assigned/Reserved parking.The kitchen includes Dishwasher, Disposal, Dryer Hookup, Microwave, Elec Range, Refrigerator, Washer Hookup.
40 Rader is part of the Ghent neighborhood located in 23510.
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