Tenant-Occupied Historic
For Sale
$337,400
Pending
254 Maryland Ave, Portsmouth, VA 23707
Two leased units combine period details with flexible interior space and outdoor areas.
Property Size4,328 SF
Days on Market11
Property Features for 254 Maryland Ave
General Information
Standard status
Pending
Size
4,328 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
front porch
huge deck
massive patio
privacy-fenced lot
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
East West Realty-Hampton Roads
Listed By:
Inlet Realty
(757) 276-3330
Source:
Inletrealty
Added: Sep 5
Changed: Sep 14
Last Checked: Sep 14 at 8:45AM
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 East West Realty-Hampton Roads
Investment Insights
Based on property information with market context.
Located at 254 Maryland Avenue in Portsmouth’s Port Norfolk area, this duplex dates to 1910 and offers two tenant-occupied units. Interior features include 9-foot ceilings, Andersen replacement windows, a Pella storm door, a floored attic, a third-floor suite, a spiral staircase, and substantial storage. Appliances convey in AS-IS condition.
Outdoor features include a front porch, a large deck, a broad patio, and an oversized privacy-fenced lot. Lease terms for both units extend through 06/30/2027. The property is near Olde Towne Portsmouth destinations such as The Bier Garden, The Commodore, and High Street, with access to Naval Medical Center Portsmouth, the Midtown Tunnel, and regional highways.
Outdoor features include a front porch, a large deck, a broad patio, and an oversized privacy-fenced lot. Lease terms for both units extend through 06/30/2027. The property is near Olde Towne Portsmouth destinations such as The Bier Garden, The Commodore, and High Street, with access to Naval Medical Center Portsmouth, the Midtown Tunnel, and regional highways.
Key Highlights
- Two‑unit duplex built in 1910
- Both units occupied with leases extending through 06/30/2027
- 9‑foot ceilings, Andersen replacement windows, and a Pella storm door
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
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Business Placement
Demographics for 23707, VA
14,316
Population
7,216
Households
2
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
3.9 sq mi
ZIP Area
3,671
Density / Sq Mi
$51,070
Median Household Income
$37,932
Median Earnings
$1,076
Median Rent
$222,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased units combine period details with flexible interior space and outdoor areas.
Where is this duplex located?
The property is located at 254 Maryland Ave Portsmouth, VA.
What is the asking price?
The asking price for this property is $337,400.
What are key features of this property?
This property features: Two‑unit duplex built in 1910; Both units occupied with leases extending through 06/30/2027; 9‑foot ceilings, Andersen replacement windows, and a Pella storm door
