243 E 40th St
Norfolk, VA 23504
Riverview- 3 Beds
- 2 Baths
- 1,331 sqft
3 Beds
2 Baths
1,331 sqft
Home Value
Trulia Estimate
$332KSince last month
Decreased$5K (-1.4%)Since last year
Decreased$2K (-0.7%)Since last sale
Increased$116K (+53.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +65% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $332K |
| July 2026 | $331K |
| June 2026 | $337K |
| May 2026 | $335K |
| April 2026 | $332K |
| March 2026 | $328K |
| February 2026 | $325K |
| January 2026 | $324K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $269,000 | 12/01/25 | 3 | 2 | 1,521 | |
0.16 | Single-Family Home | $320,000 | 09/29/25 | 2 | 1.5 | 1,318 | |
0.31 | Single-Family Home | $302,000 | 11/26/25 | 3 | 1.5 | 1,304 | |
0.08 | Single-Family Home | $470,000 | 11/20/25 | 3 | 2 | 1,961 | |
0.13 | Single-Family Home | $425,000 | 09/24/25 | 3 | 2 | 1,925 | |
0.11 | Single-Family Home | $410,000 | 11/25/25 | 3 | 2.5 | 1,500 | |
0.16 | Single-Family Home | $335,000 | 12/16/25 | 3 | 2.5 | 1,600 | |
0.14 | Single-Family Home | $260,000 | 08/22/25 | 3 | 1 | 1,689 | |
0.04 | Single-Family Home | $306,163 | 09/15/25 | 2 | 1 | 1,186 | |
0.44 | Single-Family Home | $272,000 | 09/03/25 | 3 | 2 | 1,349 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $580,000 | 4 | 3 | 2,778 | Recently Sold | |
0.04 | $312,300 | 2 | 1 | 1,186 | Off Market | |
0.07 | $450,000 | 5 | 1.5 | 2,408 | For Sale | |
0.07 | $620,000 | 4 | 2.5 | 3,761 | Recently Sold | |
0.10 | $775,000 | 4 | 3.5 | 2,650 | For Sale | |
0.06 | $375,000 | 4 | 2.5 | 2,128 | Recently Sold | |
0.08 | $470,000 | 3 | 2 | 1,961 | Recently Sold | |
0.11 | $410,000 | 3 | 2.5 | 1,500 | Recently Sold | |
0.10 | $465,300 | 5 | 2.5 | 1,996 | Off Market | |
0.11 | $450,000 | 4 | 2.5 | 2,326 | For Sale | |
0.14 | $599,000 | 4 | 2.5 | 3,386 | For Sale | |
0.12 | $600,000 | 5 | 2.5 | 3,100 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Living Area
1,331 sqft
Price/Sqft
$249
About this House
Charming and fully renovated bungalow in the sought-after Riverview neighborhood. This home blends modern updates with classic charm, featuring an open floor plan, nine-foot ceilings, and large windows that bring in natural light. The beautifully updated kitchen includes stainless steel appliances, quartz countertops, bar seating, and ample storage. Three spacious bedrooms include a primary suite with an ensuite bath and a large closet. The inviting covered front porch offers plenty of space for seating, while the fenced backyard features a patio and a large storage shed. Additional conveniences include in-home laundry and a multi-car driveway. Located near Lafayette Park, which offers fields, playgrounds, and tennis/pickleball courts, as well as the shops and restaurants in Riverview Village. Conveniently situated with easy access to everything Norfolk has to offer. Reduced rent is available for a multi-year lease. Property is available in Mid-May.
The renter is responsible for utilities. Landlord takes care of lawn.
The renter is responsible for utilities. Landlord takes care of lawn.
243 E 40th St, Norfolk, VA 23504 is a 3 bedroom, 2 bathroom, 1,331 sqft single-family home in Riverview. It last sold for $216,000 on Mar 24, 2017 (8,540% above the $2,500 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $2,500 per month. That rental listing was removed on April 2, 2025. It is currently off market. The Trulia Estimate is $331,500, with a rent estimate of $2,020/month.
Home Details for 243 E 40th St
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Hardwood, Tile |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 2, 2025 Source: Zillow Rentals | ListingRemoved | $2,500 |
Mar 25, 2025 Source: Zillow Rentals | Listed For Rent | $2,500 |
Mar 24, 2017 Source: N/A | Sold | $216,000 |
Feb 17, 2017 Source: Agent Provided | Listed For Sale | $225,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,440 | $279,700 |
Home facts updated by county records
Market trends in Norfolk
Last updated July 2026
Avg. sale price
$327K
$11.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$213
$3MoM
Available listings
952
2MoM
Around this home
What Locals Say about Riverview
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 243 E 40th St
Off Market Homes Near 243 E 40th St
Frequently asked questions about 243 E 40th St
- What is 243 E 40th St estimated to be worth?Trulia's estimated value for 243 E 40th St in Norfolk, VA is $331,500.
- What is the price history for 243 E 40th St?243 E 40th St in Norfolk, VA last sold for $216,000 in March 2017.
- Is Norfolk a buyer's or seller's market?Norfolk is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Norfolk?The median sale price in Norfolk is $327K. That is up $11.33K from the prior month.
- Does 243 E 40th St have air conditioning?Yes, 243 E 40th St in Norfolk, VA has air conditioning.
- Does 243 E 40th St have laundry facilities?Yes, 243 E 40th St in Norfolk, VA has in-unit laundry.

