Corner-Lot
For Sale
$280,000
1503 Elm Ave, Portsmouth, VA 23704
Two units offer spacious bedrooms, contemporary paint and flooring, separate utility metering, and distinct layouts.
Property Size3,390 SF
Price / SF$82.60
Days on Market83
Property Features for 1503 Elm Ave
General Information
Standard status
Active
Size
3,390 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
RE/MAX Ultra
Listed By:
Reigne Brown · License #225230979
(757) 204-5750
Source:
Horakrealtygroup
Added: Jul 29
Changed: Oct 1
Last Checked: Oct 7 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Ultra
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Investment Insights
Based on property information with market context.
Built in 1900, this 3,390-square-foot duplex includes two residential units with spacious bedrooms, contemporary paint and flooring, and differing layouts. The property sits on an oversized corner lot with partial fencing, providing a distinct physical setting for the building. Separate metering for all utilities serves each unit.
The duplex is located at 1503 Elm Ave in Portsmouth, near military bases, shipyards, naval hospitals, shopping, a casino, entertainment, and noted landmarks. Freeways, bridges, and tunnels provide access to the surrounding area.
The duplex is located at 1503 Elm Ave in Portsmouth, near military bases, shipyards, naval hospitals, shopping, a casino, entertainment, and noted landmarks. Freeways, bridges, and tunnels provide access to the surrounding area.
Key Highlights
- 3,390‑square‑foot duplex with two residential units
- Built in 1900
- Oversized corner lot with partial fencing
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 23704, VA
19,505
Population
9,538
Households
2
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
4,334
Density / Sq Mi
$44,739
Median Household Income
$34,488
Median Earnings
$1,279
Median Rent
$197,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two units offer spacious bedrooms, contemporary paint and flooring, separate utility metering, and distinct layouts.
Where is this duplex located?
The property is located at 1503 Elm Ave Portsmouth, VA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 3,390‑square‑foot duplex with two residential units; Built in 1900; Oversized corner lot with partial fencing
