Duplex with Fenced
1909 High Street, Portsmouth, VA 23704
For Sale
$329,999
Multi Family Residential, Over/Under, Portsmouth, VA
Property Size1,581 SF
Price / SF$208.73
Days on Market144
Property Features for 1909 High Street
General Information
Property type
Property subtype
Zoning
Subdivision
Lot features
Elementary school
Middle school
Directions
Standard status
Size
Taxes and HOA fees
Tax Annual Amount
Amenities
eat-in kitchen
fireplace
covered patio
wood deck
fenced backyard
detached storage outbuilding
Building Details
Year built
Roof type
Architectural style
Listing Agency:
Cottage Street Realty LLC
(703) 848-9292
Listed By:
Debbie Crevier-Kent · License #0225030213
(703) 242-0005
Added: Jun 17
Changed: Oct 2
Last Checked: Nov 7 at 11:06AM
MLS# 10639458
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story duplex contains two stacked units with a combined 3 bedrooms and 2.5 baths across 1,581 square feet. Interior features include an eat-in kitchen and fireplace. The exterior offers a covered patio, wood deck, fenced backyard, and detached storage outbuilding, with vinyl and brick finishes. Shingle roofing completes the property’s exterior features.
2025 improvements include luxury vinyl plank flooring and ductless mini-split systems. The building also has forced-air heat and central air. NMU zoning and designation within a Portsmouth Opportunity Zone are additional property details. Public transportation is available at the corner.
2025 improvements include luxury vinyl plank flooring and ductless mini-split systems. The building also has forced-air heat and central air. NMU zoning and designation within a Portsmouth Opportunity Zone are additional property details. Public transportation is available at the corner.
Key Highlights
- Two‑story duplex with 3 bedrooms and 2.5 baths across 1,581 square feet
- 2025 upgrades include luxury vinyl plank flooring and ductless mini‑split systems
- Forced‑air heat and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,730
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,600
$274.6K
Cap Rate 7%
$196,143
$196.1K
Cap Rate 9%
$152,556
$152.6K
Market Conditions
NOI Build-Up for 1,581 SF
Gross rent
$21.2K $13.44/SF
− Vacancy
−$1.6K −$1.03/SF
EGI
$19.6K $12.41/SF
− OpEx
−$5.9K −$3.72/SF
NOI
$13.7K $8.68/SF
Area
Portsmouth County, VA
Vacancy
7.69%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,600
Cap Rate 7%
$196,143
Cap Rate 9%
$152,556
Alternative Uses
Best Use
Multifamily LT 5
$196.1K
$171.6K – $228.8K
NOI $13,730 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$180.8K
$158.2K – $211.0K
NOI $12,658 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$503.3K
$440.4K – $587.2K
NOI $35,233 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
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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
$197,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Portsmouth, VA
Properties on Market for Duplexes in Portsmouth
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two-story property has stacked units, updated climate systems, and a fenced outdoor area.
Where is this duplex located?
The property is located at 1909 High Street Portsmouth, VA.
What is the asking price?
The asking price for this property is $329,999.
What are key features of this property?
This property features: Two‑story duplex with 3 bedrooms and 2.5 baths across 1,581 square feet; 2025 upgrades include luxury vinyl plank flooring and ductless mini‑split systems; Forced‑air heat and central air
