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    Portsmouth, VA
    Short Term Rental

    Portsmouth, VA Short Term Rental Properties for Sale

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    Updated Duplex with Porches
    Updated: Jul 10
    Updated Duplex with Porches

    114 Riverview Ave, Portsmouth, VA 23704

    $320,000
    2,900 sqft 4.50 AC lot
    Two‑unit duplex with a 2‑bedroom, 1‑bath configuration on each level
    Approximately 1,700 square feet downstairs and 1,200 square feet upstairs
    Currently operated as an established Airbnb with rental history
    Updated flooring, refreshed bathrooms, and upgraded kitchen cabinetry
    Covered front and rear porches plus a fenced backyard
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    This listing looks promising.

    Here's a quick look at some key insights for

    114 Riverview Ave, Portsmouth, VA 23704

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $360K
      Above asking

    • Property Type

      Single Family Residence
      Built 1900
    View Property Analytics
    Updated Duplex with Separate Entrances
    Updated: Jul 10
    Updated Duplex with Separate Entrances

    238 Webster Ave, Portsmouth, VA 23704

    $330,000
    2,260 sqft
    Two‑unit duplex totaling 2,260 square feet
    Each unit offers 2 bedrooms, 1 full bath, and approximately 1,130 square feet
    Built in 1913 with updated flooring, renovated bathrooms, and upgraded kitchen cabinetry
    Currently operated as an established Airbnb with rental history
    Separate entrances, covered front porch, backyard, and storage shed
    View details
    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.

    Renovated Side-by-Side Duplex
    Renovated Side-by-Side Duplex

    521 Monroe Avenue, Cape Charles, VA 23310

    $899,000
    3,072 sqft

    Two furnished residences offer flexible long-term and short-term rental use near Cape Charles beach access, shops, dining, and entertainment.

    View details
    Furnished Duplex Near Beach
    Furnished Duplex Near Beach

    4401 Ocean View Ave, Virginia Beach, VA 23455

    $1,955,000
    3,536 sqft

    Updated kitchens and bathrooms support furnished short-term rental operations near beach access and local restaurants.

    View details
    Multifamily Townhome Portfolio
    Multifamily Townhome Portfolio

    2007 Baltic Ave, Virginia Beach, VA 23451

    $9,950,000
    29,590 sqft

    Fee-simple ownership across a residential portfolio near the beach and boardwalk.

    View details
    Historic Furnished Duplex
    Historic Furnished Duplex

    307-309 RANDOLPH AVE, Cape Charles, VA 23310

    $960,000
    3,656 sqft 0.13 AC lot

    Two residences offer flexible layouts with updated kitchens, period details, and furnished interiors near the beach.

    View details

    Portsmouth, VA Short Term Rental Properties Market Trends and Statistics

    Explore 2 short term rental properties for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 5,160 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for short term rental properties in Portsmouth, VA start at $320,000, averaging $325,000, and reaching up to $330,000 — 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 30
    Apartment buildings 2
    Short term rental properties 2
    Triplexes 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 $325K

    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.

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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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