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    322 Florida Ave Portsmouth, VA 23707

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    For Sale
    $214,100

    Side-by-side duplex, live in one, rent the other.

    Property size:
    3,000 SF

    Property Features for 322 Florida Ave

    General Information

    Size
    3,000 SF

    Building Details

    Year built
    1910

    Source: Keller Williams Coastal Virginia Chesapeake Agent Danette Culpepper

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Duplex with Income Potential

    This side-by-side duplex presents an opportunity for historic home ownership with income potential. The identical units each feature 3 bedrooms, 1 bath, a family room, and a kitchen. The property includes off-street parking and a partially fenced backyard. A shed is also located on the premises. Its location provides convenient access to tunnels, military bases, shopping areas, a casino, and schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.3382321
    Latitude
    36.8492867

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    FAQs

    What type of property is this?
    Duplex - Side-by-side duplex, live in one, rent the other.
    Where is this duplex located?
    The property is located at 322 Florida Ave Portsmouth, VA.
    What is the asking price?
    The asking price for this property is $214,100.
    What are key features of this property?
    This property features: - Income-generating potential: Live in one unit and rent out the other side of the duplex.; - Historic charm: Own a property built in 1910.; - Three bedrooms in each unit: Ample space for families or tenants.
    Request Owner's contact information
    322 Florida Ave Portsmouth, VA 23707
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    Portsmouth, VA 23707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    322 Florida Ave Portsmouth, VA 23707
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