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Property profile

1520 Prentis Ave Portsmouth, VA 23704

FOR SALE
Residential income homes
Property ID
US87-0458170
5,324 SF 0.12 ac lot Built 1900
Last sale Jan 2022 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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Market Trends Soon

Property summary

AI-generated overview

This Portsmouth multi-family quadplex is located in the Prentis Park area and contains approximately 5,324 square feet across four units. The building is configured with 12 bedrooms, 4 full bathrooms, and 2 half bathrooms. Utilities are separated by unit, with individual electric and water meters for each unit. The crawl space includes a moisture barrier and a dehumidifier. The property features recently replaced hot water heaters for all units and has front-loading washer/dryers in each unit.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$334k
Assessed land$34k
Assessed improvement$300k
Effective rate1.33%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$260k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$6k
Operating expenses−$20k
NOI · 5.44% cap applied$46k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$55 – $141

Cap rate analysis

How does the asset earn?
5.44%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
URM
JurisdictionPORTSMOUTH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm9.0
Electrical Service8.6
Furniture Store8.5

Location

1520 Prentis Ave Portsmouth, VA 23704
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1420 Elm, Portsmouth, VA 23704-4549 $430,000 Jan 2024 4,580 SF
403 Dinwiddie, Portsmouth, VA 23704-2533 $470,000 Dec 2022 3,976 SF
409 Dinwiddie, Portsmouth, VA 23704-2515 $530,000 Oct 2022 4,348 SF
301 Dinwiddie, Portsmouth, VA 23704-2517 $323,500 Aug 2022 5,070 SF
430 Ss, Portsmouth, VA 23704-3659 $287,000 Oct 2020 4,388 SF
1618 Ward, Portsmouth, VA 23704-1751 $260,000 Mar 2020 4,114 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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