About This Home

This 1-bedroom, 1-bathroom condo at 40 Rader Street #101 in Norfolk, VA is listed for $315,000 ($229 per sqft). Built in 1918, the home offers 1,376 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1918
  • 0.02 acre lot
  • Waterfront

Property Details

1 full
#101
1918

Amenities

WaterfrontA/C
Listing Description

Experience waterfront living at The Pier Condominium in this spacious 1BR/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.

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$228
Interest$1,365
Insurance$92

Estimates only. Actual payments may vary.

Location

40 Rader Street #101

Norfolk, VA 23510

GHENT

Features & Amenities

Interior Features

HandicapWalk-In Closet

Exterior Features

Cul-De-SacInground Sprinkler

Property Details

Parking

Assigned

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherDisposalDryer HookupMicrowaveElec RangeRefrigeratorWasher Hookup

Questions & Answers

This 1-bedroom, 1-bathroom condo at 40 Rader Street is listed at $315,000 ($229/sqft). The estimated monthly payment is $1,685 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1918, 0.02 acre lot, Waterfront. Interior Features: Handicap, Walk-In Closet. Exterior Features: Cul-De-Sac, Inground Sprinkler.

This property is listed by Laura Mcguire.

LM

Laura Mcguire

Agent at VA REALTY PROFESSIONALS VIRGINIA LLC

Listed by VA REALTY PROFESSIONALS VIRGINIA LLC · Broker phone: (757) 310-9311 · View on Broker Site

MLS# 10631616· Source: Real Estate Information Network, Inc.· 186 days on PropertySimple

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40 Rader Street #101, Norfolk, VA 23510

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