Portsmouth VA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1919
Baths:
4.00
MLS#:
10558412
Subdivision:
Cradock

ADDITIONAL INFORMATION

Great investment or starter property in Portsmouth, VA. Newly remodeled duplex located in a quiet neighborhood. Both units has 3 bedrooms and 1.5 bathrooms. New electrical and updated plumbing. New laminate flooring, paint, windows, roof, stainless steel appliances, modern kitchen cabinets, and much more.

Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1905
Baths:
3.00
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:
2.00
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:
4.00
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:
2.00
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. One side is under a 12 month lease rented at $1,350 monthly(10 months remaining). The other side is newly vacant. This duplex sits in a central location on a 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:
6
Year built:
1920
Baths:
4.00
MLS#:
10554044

ADDITIONAL INFORMATION

Located in Port Norfolk, just 10 minutes from Downtown Norfolk and convenient to Military bases, Portsmouth terminals, highways, etc. 259 Broad Street is a three-story multifamily property, featuring six spacious 3-BR / 1-BA units, off-street parking. The property was renovated in 2022 and has all new flooring, restored cabinetry, fresh paint, new appliances, and new bathrooms. The property is 100% occupied. Take advantage of this cash flowing property today!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
2.00
MLS#:
10552998

ADDITIONAL INFORMATION

Investor Special!! Two 2 bedroom, 1 bathroom units, with potential to make 3/1. Great opportunity to add to rental portfolio after flip or Fix&Flip.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
2.00
MLS#:
10551409

ADDITIONAL INFORMATION

This side-by-side duplex is a fixer upper with a lot of potential. Each unit has 3 bedrooms and 1 bathroom. You can choose to renovate it as a duplex or convert it to a single family home. It's conveniently located near NNSY and downtown Portsmouth. This home will not last!

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:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1942
Baths:
2.00
MLS#:
10546075

ADDITIONAL INFORMATION

Looking for cash flow? Brick side by side low exterior maintenance duplex. Building minutes from interstate, Casino, downtown, etc. unit 387 recently painted, new light fixtures, exterior security doors, toilet. Unit 387 rents for $1200, unit 385 $1000 a month. Don't miss your investment opportunity!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
3.00
MLS#:
10545220
Subdivision:
Olde Towne

ADDITIONAL INFORMATION

Downtown Portsmouth prime location just 2 blocks from Restaurants, Pubs, Commodore Theater, Museums, Waterfront and any of your other needs. Great rental location or turn back into large single family home.Property to be sold in AS-IS, WHERE-IS condition. Seller to make no repairs. Cash or rehab financing only.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
4.00
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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
10523214

ADDITIONAL INFORMATION

Recently renovated investment property with convenient access to shopping outlets, the interstate, and the shipyard. Appliances, mini-split heating & cooling, and flooring installed end of 2021 to start of 2022 and full records of maintenance available. Fully rented and cash-flowing prior to re-listing. A great addition to any portfolio!

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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 $265,000. 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 $265,000. 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

    $265,000
    12.9% change since last quarter
  • # Active listings

    371
    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