Home Highlights
Single-Family Home
1,331 sqft
$248/sqft
Local Information
-- mins to
About this House
What's unique:Modern updatesFenced backyardMulti-car drivewayOpen floor planClassic charmFully renovated bungalow
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $330,200, with a rent estimate of $2,136/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 |
Comparable Sales for 243 E 40th St
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 sqft | |
0.31 | Single-Family Home | $302,000 | 11/26/25 | 3 | 1.5 | 1,304 sqft | |
0.08 | Single-Family Home | $470,000 | 11/20/25 | 3 | 2 | 1,961 sqft | |
0.11 | Single-Family Home | $410,000 | 11/25/25 | 3 | 2.5 | 1,500 sqft | |
0.16 | Single-Family Home | $335,000 | 12/16/25 | 3 | 2.5 | 1,600 sqft | |
0.39 | Single-Family Home | $350,000 | 03/06/26 | 3 | 2 | 1,469 sqft | |
0.06 | Single-Family Home | $375,000 | 02/27/26 | 4 | 2.5 | 2,128 sqft | |
0.47 | Single-Family Home | $359,000 | 04/24/26 | 3 | 1.5 | 1,184 sqft | |
0.43 | Single-Family Home | $295,000 | 11/17/25 | 3 | 2 | 2,208 sqft | |
0.67 | Single-Family Home | $205,000 | 06/11/26 | 3 | 2 | 1,300 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
What Locals Say about Riverview
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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
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 $330,200.
- 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 buyer's market, based on recent for-sale activity.
- What's the median sale price in Norfolk?The median sale price in Norfolk is $322K. That is down $2.8K 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.
Homes for rent near 243 E 40th St
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

