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    Portsmouth, VA
    Quadplex

    Portsmouth, VA Quadplexes for Sale

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    Chesapeake, VA Suffolk, VA Norfolk, VA Virginia Beach, VA Newport News, VA Carrollton, VA Hampton, VA
    4-Unit Quadplex
    Updated: Sep 18
    4-Unit Quadplex

    1520 Prentis Ave, Portsmouth, VA 23704

    $850,000
    5,324 sqft
    Four apartments totaling 5,324 square feet
    12 bedrooms, four full baths and two half baths
    Separate electric and water meters for each residence
    Stackable front‑loading washer‑dryers in all units
    Unit 2 has updated kitchen finishes, appliances, flooring and bathroom fixtures
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    Renovated 4-Unit Quadplex
    Updated: Sep 3
    Renovated 4-Unit Quadplex

    1601 Elm Avenue, Portsmouth, VA 23704

    $599,999
    3,800 sqft
    Four occupied residential units
    3,800 square feet
    Rehabilitation completed approximately 5 years ago
    Updates include stainless steel appliances, granite countertops, cabinetry, flooring, bathtubs, and toilets
    URH zoning
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    Rehabilitated Quadplex
    Rehabilitated Quadplex

    1601 Elm Ave, Portsmouth, VA 23704

    $599,999
    3,800 sqft

    Fully leased four-unit property with tenant-paid utilities and updated interior finishes.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Individually Metered Quadplex
    Individually Metered Quadplex

    410 W 28th Street, Norfolk, VA 23508

    $675,000
    3,700 sqft

    The four residences are configured in an over-under layout.

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    4-Unit Over-Under Quadplex
    4-Unit Over-Under Quadplex

    419 Craig St, Norfolk, VA 23523

    $450,000
    3,000 sqft

    The apartments each offer in-unit laundry, with three residences currently occupied.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    329 S Armistead Ave, Hampton, VA 23669

    $425,000
    2,460 sqft

    Four updated apartments share a covered front porch and off-street parking near downtown and the waterfront.

    View details
    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

    Portsmouth, VA Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in Portsmouth, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,924 square feet of properties for sale, with an estimated market value of $2,049,998.

    Sale prices for four-unit buildings in Portsmouth, VA start at $599,999, averaging $683,332, and reaching up to $850,000 — 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 31
    Quadplexes 3
    Triplexes 3
    Apartment buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23704 $683.3K

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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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: (757) 553-2536
    www.bpreal.estate
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