Portsmouth VA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
10.00
MLS#:
10563803

ADDITIONAL INFORMATION

Don'??t miss the opportunity for a no hassle, fully renovated Income producing duplex in the growing Portsmouth area. Each 3 bedroom unit is a sizable 1,642 square feet. All brand new major systems, appliances, flooring and more which means no maintenance for years to come. This is the perfect addition to your portfolio.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1942
Baths:
6.00
MLS#:
10562893

ADDITIONAL INFORMATION

Great Investment property close to 264, shipyards, military bases and port. One level Triplex (28, 30, & 32 Carver Cir) with all brick exterior. Each Unit is approx. 690 sq.ft. with 2 bedrooms and 1 bath, full kitchen and living/dining area. Tenants pay their own utilities. Inquire with LA for additional details and copies of expense statement, rent rolls, etc. - Property is fully occupied.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
9.00
MLS#:
10561774

ADDITIONAL INFORMATION

This recently renovated duplex offers a fantastic opportunity for investors seeking a low-maintenance, income-generating property in an urban location. Both units feature updated appliances, stylish flooring, and energy-efficient systems that will appeal to renters looking for comfort and convenience. With its proximity to downtown, public transportation, and popular dining and entertainment options, investors can expect strong rental yields and long-term value appreciation. Appliances, mini-split heating & cooling, and flooring installed end of 2021 to start of 2022 and full records of maintenance available.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
8.00
MLS#:
10559587

ADDITIONAL INFORMATION

MOVE IN READY 4-Bedroom Duplex in the Heart of Portsmouth! Each unit features spacious bedrooms, contemporary paint, appliances, and flooring. Enjoy the oversized, partially fenced yard for relaxation after a long autumn day. Instantly become a landlord with one unit already occupied until next year! Unique unit layouts are sure to attract attention. With separate metering for all utilities, moving in is effortless. Ideally situated near military bases, shipyards, naval hospitals, famous landmarks, shopping, and entertainment. Freeways, bridges, and tunnels are easily accessible. Contact your agent today for a showing!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1905
Baths:
9.00
MLS#:
10558406

ADDITIONAL INFORMATION

West Park View Duplex for sale. High ceilings and tall windows, lots of light, 2 balconies overlooking the water views. Great location close to Portsmouth Naval/ I264, Olde Towne. Both units nicely remodeled before tenants moved in. Improvements per owner:1st floor- new electrical, pex plumbing, hvac, water heater, refinished bath and kitchen, sanded and refinished wood floors. 2nd floor- some new electrical (kitchen and bath), new pex plumbing, hvac, water heater, refinished baths and kitchen. Photos taken just prior to move in. Cash only, as is only sale.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
7.00
MLS#:
10556435

ADDITIONAL INFORMATION

Introducing a charming 1900 duplex with two 2-bedroom, 1-bathroom units, located in the heart of Portsmouth. Both units are occupied and have been professionally managed. This property is situated in the Historic District, offering a unique blend of modern convenience and historic charm. Just a short distance from the water, The amphitheater, and fantastic dining. residents can enjoy picturesque views down at the waterfront, and easy access to waterfront activities. Don't miss the opportunity for a great investment property in a Historic area.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1952
Baths:
14.00
MLS#:
10556576

ADDITIONAL INFORMATION

Affordable Multi-Family opportunity! This duplex offers owner occupant opportunity to your clients. Unit 96 has been freshly updated with new carpet and LVP flooring, lighting fixtures, granite counter tops, kitchen appliances and a stackable washer/dryer. Unit 98 has a screened in porch and some updates that are less than 2 years old. Both units offer off-street parking, individual sun decks with direct access to the back yard.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1982
Baths:
MLS#:
10555623

ADDITIONAL INFORMATION

Attention Investors! Excellent opportunity to own a super low maintenance 8 Plex. Rents total $6,322.00. This property sits in Midtown Portsmouth and is convenient to bases, shipyards, interstates, Rivers Casino, shopping, and more! Fully occupied studio units, each with a full kitchen and bathroom. Each unit is individually metered for water and electricity with laundry inside each unit. Low vacancy! High cash flow! Low maintenance! Amazing management in place. Call today for financials before it'??s gone! Do not walk on property unescorted and do not disturb tenants for any reason.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1924
Baths:
4.00
MLS#:
10555012

ADDITIONAL INFORMATION

Great opportunity to own a ready to go investment property. This duplex is 2 bedroom and 1 bath on each side with identical layouts. One side has been refreshed with new countertops and appliances. All new plumbing updated, including the main sewer line replacement in 2024. Both units have new water heaters. Both sides are currently under new 12 month leases. Unit 2326 is currently renting at 1,200 per month and unit 2324 is being rented at 1,350 per month. Both leases end 12/2025.This duplex sits in a central location on a large corner lot. Each unit is fenced separately so tenants can enjoy their own outdoor space, and electric, water, and gas meters are all separate.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1880
Baths:
MLS#:
10546832

ADDITIONAL INFORMATION

Fantastic opportunity for investors to own a 5 Unit Apartment Complex in the heart of Olde Towne.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
10.00
MLS#:
10526074

ADDITIONAL INFORMATION

Investment opportunity zoned NMU!!!! Mixed-use building with 3 apartments above a storefront. A blank canvas for investors seeking diverse income streams. Property sold as-is, requiring power connection. Unlock the potential of this neighborhood gem!

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Portsmouth Real Estate

The median home value in Portsmouth, VA is $269,000. This is higher than the county median home value of $222,900. The national median home value is $338,100. The average price of homes sold in Portsmouth, VA is $269,000. Approximately 49.99% of Portsmouth homes are owned, compared to 39.81% rented, while 10.2% are vacant. Portsmouth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portsmouth real estate agent to arrange a tour today!

Portsmouth, Virginia has a population of 97,454. Portsmouth is less family-centric than the surrounding county with 23.6% of the households containing married families with children. The county average for households married with children is 23.6%.

The median household income in Portsmouth, Virginia is $54,020. The median household income for the surrounding county is $54,020 compared to the national median of $69,021. The median age of people living in Portsmouth is 35.5 years.

Portsmouth Weather

The average high temperature in July is 88.3 degrees, with an average low temperature in January of 33.4 degrees. The average rainfall is approximately 47.4 inches per year, with 5 inches of snow per year.

Portsmouth Real Estate Market Conditions

  • Median sales price

    $269,000
    12.9% change since last quarter
  • # Active listings

    339
    30-day change

Portsmouth Schools and Demographics

Education near Portsmouth, VA

Metric City County
High School Graduates 90.24 90.24
College Degree - 2 year 9.97 9.97
College Degree - 4 year 20.98 20.98
Graduate Degree 5.9 5.9
Expenditures per Student 12,640 12,640
Students per Teacher 14.3 14.3

Elementary Schools near Portsmouth, VA

School Grades Students P/T Ratio ZIP
Brighton Elementary School KG - 06 517 15.2 23704
Churchland Academy Elementary KG - 06 727 19.6 23703
Churchland Elementary School KG - 06 822 17.9 23703
Churchland Preschool Center PK - PK 180 15 23703
Churchland Primary & Intermediate School KG - 06 578 19.3 23703
Douglass Park Elementary School KG - 06 774 19.4 23701
Edwin W Chittum Elementary PK - 05 788 21 23321
Emily Sponsoring Preschool Center PK - PK 149 14.9 23704
Hodges Manor Elementary School KG - 06 545 18.8 23701
James Hurst Elementary School KG - 06 712 18.7 23702
John Tyler Elementary School KG - 06 710 18.7 23707
Lakeview Elementary School KG - 06 525 16.4 23701
Mount Hermon Preschool Center PK - PK 186 14.3 23707
Olive Branch Preschool Center PK - PK 197 15.2 23701
Park View Elementary School KG - 06 593 16.5 23704
Simonsdale Elementary KG - 06 717 17.9 23701
Southwestern Elementary School PK - 05 535 16.2 23321
Victory Elementary School KG - 06 534 16.7 23701
Western Branch Int. 03 - 05 737 18 23321
Western Branch Primary School PK - 02 694 18.8 23321
Westhaven Elementary School KG - 06 547 16.6 23707

Middle Schools near Portsmouth, VA

School Grades Students P/T Ratio ZIP
Churchland Middle School 07 - 08 916 15.8 23703
Cradock Middle School 07 - 08 617 14.1 23702
Jolliff Middle School 06 - 08 716 13 23321
Western Branch Middle School 06 - 08 808 13 23321
Wm. E. Waters Middle 07 - 08 602 14.7 23701

High Schools near Portsmouth, VA

School Grades Students P/T Ratio ZIP
Churchland High School 09 - 12 1,362 14.9 23703
I.C. Norcom High 09 - 12 1,207 15.3 23704
Western Branch High School 09 - 12 2,164 16.5 23321
Woodrow Wilson High School 09 - 12 1,363 15 23701

Ungraded Schools near Portsmouth, VA

School Grades Students P/T Ratio ZIP
Cradock Technical & Career Center UG - UG 0 23702
New Directions Center UG - UG 0 23707
Portsmouth Re-Ed UG - UG 0 23707

Demographics near Portsmouth, VA

Metric City County
Neighborhood Type Suburban
Population 97,454 97,454
Population Density 2,927 2,927
Median Age 35.5 35.5
People per Household 2.4 2.4
Median Household Income 54,020 54,020
Average Income per Capita 28,520 28,520