Five-Unit Multifamily
For Sale
$625,000
367 Middle St, Portsmouth, VA 23704
Well-maintained 5-unit multifamily property with a mix of 2-bedroom and 1-bedroom, 1-bath units.
Property SizeContact for details
Days on Market85
Property Features for 367 Middle St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
5
Building Details
Year Built
1852
Tenancy
Multi
Listing Agency:
Coastal Group Inc.
Listed By:
Alex Winfield
(757) 233-9595
Source:
Horakrealtygroup
Added: Jun 17
Changed: Sep 8
Last Checked: Sep 8 at 7:47AM
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 Coastal Group Inc.
Investment Insights
Based on property information with market context.
Well-maintained five-unit multifamily property offered for sale, featuring two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. The unit mix provides multiple floorplan options for tenants, and select units convey furnished.
Located in Portsmouth’s Olde Towne Historic District, the property is described as being just blocks from the Elizabeth River waterfront and the Portsmouth-Norfolk Ferry. The surrounding area includes restaurants, coffee shops, museums, parks, and entertainment venues.
This income-focused configuration includes a total of five residential units, with furnishing conveyed for select units, supporting straightforward leasing and tenant transition needs.
Located in Portsmouth’s Olde Towne Historic District, the property is described as being just blocks from the Elizabeth River waterfront and the Portsmouth-Norfolk Ferry. The surrounding area includes restaurants, coffee shops, museums, parks, and entertainment venues.
This income-focused configuration includes a total of five residential units, with furnishing conveyed for select units, supporting straightforward leasing and tenant transition needs.
Key Highlights
- Well‑maintained 5‑unit multifamily property built in 1852
- Unit mix includes two 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units
- Select units are furnished, allowing for furnished, mid‑term, or executive rentals
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,691
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
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 5-unit multifamily property with a mix of 2-bedroom and 1-bedroom, 1-bath units.
Where is this apartment building located?
The property is located at 367 Middle St Portsmouth, VA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Well‑maintained 5‑unit multifamily property built in 1852; Unit mix includes two 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units; Select units are furnished, allowing for furnished, mid‑term, or executive rentals
