922 Holladay Street, Portsmouth, VA 23704
- Added:
- Jun 29, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 7 at 4:06 pm
Property Features for 922 Holladay Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS-60
- Standard status
- Active
- Size
- 3,030 SF
Taxes and HOA fees
- Tax Annual Amount
- 4198
Utilities
- Water front features
- Waterfront
Building Details
- Year built
- 1895
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Malisa Hawkins (757) 553-8843
Listing office 1st Class Real Estate Flagship 200 Golden Oak Court Ste 305, Virginia Beach, VA (757) 995-1301
Listing date Jun 29, 2026
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.
HighLights
- Duplex in Historic Portsmouth, VA built in 1895
- Fully rehabbed within the past 5 years with new roof and new windows
- New HVAC systems plus updated flooring and modern finishes throughout
- Downstairs unit: 3 bedrooms, 1.5 bath; vacant and previously rented for $1,888
- Upstairs unit: 3 large bedrooms, 1 full bath; currently tenant uses a Section 8 voucher at 1,739
Overview
The property is located in the heart of Historic Portsmouth, Virginia, near schools, shopping, and restaurants, with easy interstate access noted in the remarks. Zoning is listed as RS-60. The sale also includes an adjacent lot at 908 Holladay St.
For buyers seeking a straightforward income setup, the downstairs unit is vacant, while the upstairs unit is currently occupied by a tenant using a Section 8 voucher. The listing states downstairs was previously renting for $1,888 and total rental income potential of $3,500 per month. With both units fully remodeled and separate, this duplex can support a range of residential income strategies consistent with the current configuration and condition.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.7k | $13.44 |
| − Vacancy | −$3.1k | −$1.03 |
| EGI | $37.6k | $12.41 |
| − OpEx | −$11.3k | −$3.72 |
| NOI | $26.3k | $8.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Portsmouth
- State
- Virginia
- Longitude
- -76.3090365
- Latitude
- 36.8391498
