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    Portsmouth, VA
    Quadplex

    Portsmouth, VA Quadplexes for Sale

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    Rehabilitated Waterfront Quadplex
    Updated: Sep 3
    Rehabilitated Waterfront Quadplex

    1601 Elm Avenue, Portsmouth, VA 23704

    $650,000
    3,800 sqft
    Four‑unit property with approximately 3,800 square feet
    All four units are rented; tenants pay their own utilities
    Extensive renovation completed approximately 5 years ago
    Updated kitchens with stainless steel appliances, granite countertops, and new cabinetry
    Waterfront features
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    Rehabilitated Quadplex
    Updated: Sep 5
    Rehabilitated Quadplex

    1601 Elm Ave, Portsmouth, VA 23704

    $650,000
    3,800 sqft
    Four‑unit quadplex at 1601 Elm Ave, Portsmouth, VA 23704
    Fully rented property
    Extensive top‑to‑bottom rehabilitation completed approximately 5 years ago
    Stainless steel appliances and granite countertops
    New cabinetry and updated flooring
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Waterfront Quadplex
    Updated Waterfront Quadplex

    410 W 28th Street, Norfolk, VA 23508

    $750,000
    3,700 sqft

    Four individually metered residences with recent updates and R-11 zoning.

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    Renovated Quadplex with Vacancy
    Renovated Quadplex with Vacancy

    1261 N King St, Hampton, VA 23669

    $260,000
    2,400 sqft

    Four-unit residential property offering renovated interiors, established tenancy, and flexibility for an owner-occupant.

    View details
    Updated Historic District Quadplex
    Updated Historic District Quadplex

    742 Shirley Ave, Norfolk, VA 23517

    $675,000
    4,190 sqft

    Four-unit property with updated interiors and three units currently leased.

    View details
    Leased 4-Unit Quadplex
    Leased 4-Unit Quadplex

    493 Seaboard Ave, Hampton, VA 23664

    Contact for pricing

    Four residential units are offered in their current as-is condition with leases documented through 03/31/2024.

    View details

    Portsmouth, VA Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 7,600 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for four-unit buildings in Portsmouth, VA average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 32
    Triplexes 2
    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 97K
    Population Growth (5Y) -6.7%
    Median Household Income $59,342
    College Educated 29.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $16.32 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portsmouth city

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Portsmouth city

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Portsmouth fall within the 100,000+ square foot range.

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    Popular Searches in Portsmouth, VA

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    Most Searched ZIP Codes in Portsmouth, VA

    • 23704

    Featured Portsmouth Real Estate Agencies

    Realmo connects you with licensed Portsmouth CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    BPRE
    739 High Street, Suite 104 Portsmouth, VA 23707
    Phone: 17575532536
    www.bpreal.estate

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