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modified
Updated 5+ Days Ago

Highlights

  • W/d hookups
  • Nearby restaurants

Location

230 E 40th St, Norfolk, VA 23504, USA|Colonial Place-Riverview
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Management

Anchor Point Property Management

Property Overview

230 East 40th Street earns strong marks overall, with an 8 out of 10 expert rating, high scores for price and location, and solid trustworthiness and amenities. Its value per square foot stands out, and practical features like w/d hookups, 11 photos, and nearby restaurants add to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 230 East 40th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 230 East 40th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Images Available

Floor plans

230 East 40th Street - C32 bed2 bath1,200 sqft$1,710 /moBeautiful condo in Historic West Norfolk Building. Nearby ODU, NOB, Downtown Norfolk, EVMS, Sentara, restaurant's, etc. W/D hookups. Pets allowed on a case by case basis only with additional $35 extra pet rent and a $350 non refundable pet fee. Water, trash, sewage and ground maintenance included in rent. Wont last long.

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 230 East 40th Street

HomeApartments in NorfolkColonial Place-Riverview 230 East 40th Street

Beautiful condo in Historic West Norfolk Building. Nearby ODU, NOB, Downtown Norfolk, EVMS, Sentara, restaurant's, etc. W/D hookups. Pets allowed on a case by case basis only with additional $35 extra pet rent and a $350 non refundable pet fee. Water, trash, sewage and ground maintenance included in rent. Wont last long.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 230 East 40th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 230 East 40th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 230 East 40th Street
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
230 East 40th Street stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 230 East 40th Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
230 East 40th Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 230 East 40th Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
230 East 40th Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 230 East 40th Street compares to other nearby properties.

Positives

More space
The 2-bedroom is 300 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Colonial Place-Riverview

2-bedroom apartments at 230 East 40th Street cost about 5% more than the average rent price for 2-bedroom apartments in Colonial Place-Riverview.

Median rents as of Jul 25 2026.
Colonial Place-Riverview
Norfolk
A table of 1-bedroom apartment rental data trends in Norfolk
MonthMedian Rent
August 2024$1,368
September 2024$1,355
October 2024$1,249
November 2024$1,277
December 2024$1,218
January 2025$1,252
February 2025$1,248
March 2025$1,260
April 2025$1,198
May 2025$1,200
June 2025$1,227
July 2025$1,244
August 2025$1,215
September 2025$1,196
October 2025$1,197
November 2025$1,204
December 2025$1,245
January 2026$1,216
February 2026$1,200
March 2026$1,207
April 2026$1,228
May 2026$1,248
June 2026$1,252
July 2026$1,250
A table of 1-bedroom apartment rental data trends in Colonial Place-Riverview
MonthMedian Rent
August 2024$1,597
September 2024$1,444
October 2024$1,162
November 2024$1,259
December 2024$1,673
January 2025$1,720
February 2025$1,673
March 2025$1,598
April 2025$1,634
May 2025$1,145
June 2025$1,145
August 2025$1,153
September 2025$1,181
January 2026$895
February 2026$895

Affordability calculator

Can I afford to live at 230 E 40th St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$68,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $68,400 annually to afford this 2-bedrooms monthly rent price of $1,710.
For more information on rent affordability, visit our rent calculator.

Schools near 230 East 40th Street

Ghent School

200 shirley ave

norfolk, VA, 23517

K-8Public
B-

Granby Elementary School

7101 newport ave

norfolk, VA, 23505

PK, K-5Public
C

Berkley/Campostella Early Childhood Education Center

1530 cypress st

norfolk, VA, 23523

PKPublic

Easton Preschool

1132 wade st

norfolk, VA, 23502

PKPublic
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Neighborhood

Colonial Place-Riverview | Norfolk, VA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Norfolk near 230 E 40th St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 230 E 40th St, Norfolk

Groceries

2/10
Closest supermarket further than a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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