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.
For sale
Price cut: $10K (7/6)
$325,000
40 Rader St APT 101, Norfolk, VA 23510
1beds
1,376sqft
:
Get pre-qualified$2,897/mo
Condominium
Built in 1918
-- sqft lot
$-- Zestimate®
$236/sqft
$747/mo HOA
What's special
Assigned boat slipUpgraded electricalTwo walk-in closets
- 96 days |
- 212 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Laura McGuire,
VA Realty Professionals 757-997-1108,
Sterling Christian,
VA Realty Professionals
Source: REIN Inc.,MLS#: 10631616
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: 1st Floor Primary BR, Assigned Storage, Utility Closet
Primary bedroom
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Washer Hookup
Features
- Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,376 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Assigned
Accessibility
- Accessibility features: Handicap
Features
- Levels: One
- Stories: 1
- Exterior features: Inground Sprinkler
- Pool features: None
- Fencing: Wall,Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Bulkhead, Deep Water, River Front
Lot
- Size: 866 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 34077725
- Other equipment: Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Other
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: City/County
- Water: City/County
- Utilities for property: Cable Hookup
Community & HOA
Community
- Subdivision: Ghent
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Dock, Elevator(s), Landscaping, Security
- Second HOA fee: $747 monthly
Location
- Region: Norfolk
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $281,000
- Annual tax amount: $3,456
- Date on market: 4/25/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,861/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,456 +7.6% | $281,000 +7.6% |
| 2024 | $3,213 +0.2% | $261,200 +1.9% |
| 2023 | $3,205 +24.5% | $256,400 +24.5% |
| 2022 | $2,574 +18.3% | $205,900 +18.3% |
| 2021 | $2,175 +3.3% | $174,000 +3.3% |
| 2020 | $2,106 | $168,500 |
| 2019 | $2,106 +0% | $168,500 |
| 2018 | $2,106 -1.8% | $168,500 -9.7% |
| 2017 | $2,146 | $186,600 -5.7% |
| 2016 | $2,146 -4.8% | $197,800 |
| 2015 | $2,254 | $197,800 |
| 2014 | $2,254 | $197,800 |
| 2013 | -- | $197,800 |
| 2012 | -- | $197,800 -8% |
| 2011 | -- | $215,000 -1.7% |
| 2010 | -- | $218,700 |
| 2009 | -- | $218,700 -18.3% |
| 2008 | -- | $267,800 -0.1% |
| 2007 | -- | $268,200 +21.2% |
| 2006 | -- | $221,300 +49.6% |
| 2005 | -- | $147,900 +13.9% |
| 2004 | -- | $129,800 +19% |
| 2003 | -- | $109,100 +1.4% |
| 2002 | -- | $107,600 +15% |
| 2001 | -- | $93,600 +0% |
| 2000 | -- | $93,570 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Ghent
Nearby schools
GreatSchools rating
- 8/10W.H. Taylor Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Blair Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Maury High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Walter Herron Taylor Elementary
- Middle: Blair Middle
- High: Maury
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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