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. New LVP and carpet throughout!
Welcome to your next investment opportunity in Portsmouth, VA. This move-in ready duplex offers immediate income potential. Live in one unit and rent the other, or add to your portfolio with a property that'??s ready to perform from day one. The upstairs unit is currently occupied, allowing you to start collecting rent without delay.With the City of Portsmouth continuing to invest in revitalization and development, now is the time to secure a property in a market positioned for growth.Schedule your showing today and see how this duplex can start working for you.
Spacious over 2,000 sq. ft. duplex situated on a 0.14-acre lot, offering an excellent investment opportunity! Each unit provides generous living space with great potential for possible rental income. The property needs some TLC, making it a great project for investors or buyers looking to customize and add value. Conveniently located near shopping, the interstate, and more! Don'??t miss the chance to bring new life to this property and maximize its possibilities! Call today for more information and to schedule your tour.
Investment opportunity in Portsmouth! This 8-unit multifamily features two 2-bedroom/1-bath units and six 1-bedroom/1-bath units. Property needs renovation but has great income potential once updated. Convenient location with strong rental demand in the area. Cash or hard money buyers only.
Great Income Opportunity in this Quad Plex that is currently rented month to month for a total of $3,000! Roof replaced within 3yrs. Exterior painted within a year and newer LVP flooring in 3 of the 4 units. Unit 1 is a first level apartment with 2 bedrooms. Units 2 & 3 are upstairs and are mirror images. The rear first level has access to the backyard, detached garage and alley access. Separate water, gas, and power meters. 24hr+notice to view property.
Outstanding investment opportunity in the Prentis Park area of Portsmouth. This multi-family quadplex offers approximately 5,324 sq. ft. with 12 bedrooms and 4 full bathrooms and 2 half bathrooms across four units. Each unit is 3 bedrooms, 1.5 bathroom (downstairs) and 3 bedrooms, 1 bathroom (upstairs). Each unit has its own electric and water meters, making utility management simple. The crawl space has a moisture barrier and dehumidifier installed. There are all new hot water heaters in the units. This property has a camera surveillance system, carpet and flooring replaced in 2022/2023, and all units have front loading washer/dryers. Most units are currently tenant-occupied, providing immediate rental income. This property is section 8 approved. The property is conveniently located near major roadways, public transportation, and entertainment.
Beautifully renovated over/under duplex in historic Portsmouth! First floor apartment has 3 bedrooms, 1.5 baths, a huge bonus flex space and the second floor space has 3 beds, 2 full bathrooms, a large balcony and more! Both living spaces have the gorgeous old charm character with the luxuries of modern upgrades, tons of light, and flowing floor plan. Quartz countertops, stainless steel appliances, LVP flooring in all living areas and lovely carpet in bedrooms PLUS separate utility meters, private washer/dryer hookups, off street parking, a fenced-in yard, and close proximity to restaurants, shopping, transportation, bases and more. This an amazing opportunity for an investor just looking to add to their portfolio or the saavy home buyer looking to live in one and rent out the other. Call to set up your private showing today!
This income-producing duplex features separate water and electric meters, individual A/C units, and washer and dryer for each unit. Both units are currently rented as short to mid-term term rentals and stay consistently booked. Recent renovations include updated kitchen cabinets, countertops, appliances, remodeled bathrooms, and fresh paint throughout. Off-street parking and privacy fence around the backyard. This is a turnkey property offering strong cash flow and open for short, mid, or long-term rental potential. Professionally managed and management company has availability to help the new owner keep the property as an investment property.
Calling all serious investors! This Quadraplex building in Cradock is a rare find at an unbeatable price. Strong Rental Potential and separate meters for each unit, this property is a value-add dream for anyone looking to upgrade their portfolio!Located in a high-demand rental market near the Norfolk Naval Shipyard and major transition routes this property is ideal for long-term tenants or short term rental strategies! Set up a showing today!!!

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Portsmouth is located in Virginia. 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.
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.