About This Home

This 3-bedroom, 3-bathroom condo at 40 Rader Street #504 in Norfolk, VA is listed for $579,900 ($289 per sqft). Built in 1918, the home offers 2,010 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1918
  • 0.03 acre lot
  • Waterfront

Property Details

2 full, 1 half
#504
1918

Amenities

WaterfrontA/C
Listing Description

SELLER OFFERING UP TO $14,000 BUYER CREDIT! Use it toward an interest-rate buydown, eligible closing costs, or condo fees-giving buyers flexibility to make this luxury waterfront home more affordable. Major updates include a new HVAC system, water heater, and washer/dryer combination, providing additional peace of mind for the next owner.

Two Levels. Waterfront Views. More Than a Century of Norfolk History. Welcome to 40 Rader St, Unit 504, where waterfront living places you within easy reach of some of Norfolk's best entertainment, dining and experiences. Spend an evening enjoying Waterside District, waterfront restaurants and live music, or experience signature Norfolk events including Harborfest, the Norfolk Waterfront Jazz Festival and seasonal festivals at Town Point Park.

Watch yachts and boats travel the Elizabeth River, enjoy the energy of Downtown Norfolk, or turn vacation mode on with Carnival cruises departing right from Norfolk. And when the festivities are over, come home to your own two-level waterfront retreat with panoramic views.

Historic character. Waterfront scenery. Dining. Festivals. Yachts. Cruises. Entertainment. And don't forget the $14,000 seller credit! Buy down your interest rate, apply it toward allowable closing costs, or use it toward condo fees. You choose how to make the incentive work best for you, subject to lender and association requirements.

The condo association includes water, trash, cable, flood liability coverage, and building insurance, along with access to a fitness center, clubhouse, private storage, and two dedicated parking spaces. Come see the views, experience the lifestyle, and discover why Unit 504 may be the waterfront home you've been waiting for. This isn't simply a place to live - it's a Norfolk waterfront lifestyle. Schedule your private tour today.

Monthly Cost Estimate

$3,101/mo

20% down · 6.5% · 30 years

Principal$419
Interest$2,513
Insurance$169

Estimates only. Actual payments may vary.

Location

40 Rader Street #504

Norfolk, VA 23510

DOWNTOWN AREA

Features & Amenities

Exterior Features

Patio

Property Details

Outdoor Features

Patio

Parking

Off StreetAssigned

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveElec RangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 3-bathroom condo at 40 Rader Street is listed at $579,900 ($289/sqft). The estimated monthly payment is $3,101 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1918, 0.03 acre lot, Waterfront. Exterior Features: Patio.

This property is listed by Roger Lee and can be reached at (757) 502-4070.

RL

Roger Lee

Agent at Creed Realty

(757) 502-4070
Agent website

Listed by Creed Realty · Broker phone: (757) 502-4070 · View on Broker Site · Broker website

MLS# 10651611· Source: Real Estate Information Network, Inc.· 48 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 #504, Norfolk, VA 23510

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