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Tenant-Occupied Townhouse
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5611 Gregory Ct, Portsmouth, VA 23703

Townhouse in Portsmouth’s Churchland area, currently occupied by a tenant and offered within a larger portfolio.

Property SizeContact for details
Days on Market134

Property Features for 5611 Gregory Ct

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Asking Price $11,555,000
Multifamily Units 83
Listing Agency: Inlet Realty
Listed By: Christian Phillips · License #0225248295
Source: Crexi
Added: Apr 24 Changed: Sep 4 Last Checked: Aug 29 at 2:22PM

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 Inlet Realty

Investment Insights

Based on property information with market context.

This tenant-occupied townhouse in Portsmouth’s Churchland area includes 2 bedrooms and 1.5 baths. The property is being offered as part of an 83-door portfolio.

Interior access is restricted while the unit is occupied. Showings require a ratified contract, and any offer should remain contingent on an interior inspection. Tenants should not be disturbed.

Key Highlights

  • 2‑bedroom, 1.5‑bath townhouse
  • Located in Churchland, Portsmouth, VA
  • Tenant occupied

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

83
Residential units

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby

Demographics for 23703, VA

26,388
Population
10,856
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
1,898
Density / Sq Mi
$75,804
Median Household Income
$46,288
Median Earnings
$1,377
Median Rent
$273,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Townhouse in Portsmouth’s Churchland area, currently occupied by a tenant and offered within a larger portfolio.
Where is this multifamily property located?
The property is located at 5611 Gregory Ct Portsmouth, VA.
What are key features of this property?
This property features: 2‑bedroom, 1.5‑bath townhouse; Located in Churchland, Portsmouth, VA; Tenant occupied
More about this property
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