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    Portsmouth, VA
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    Portsmouth, VA Short Term Rental Properties for Sale

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    Portsmouth Duplex with Two 2BR Units
    Updated: Jul 8
    Portsmouth Duplex with Two 2BR Units

    114 Riverview Avenue, Portsmouth, VA 23704

    $320,000
    2,900 sqft
    Portsmouth duplex at 114 Riverview Avenue with Waterfront feature
    Each unit has 2 bedrooms and 1 full bath
    Approx. 1,700 SF downstairs and 1,200 SF upstairs (per provided description)
    Currently used as an established Airbnb with proven rental history (short- or long‑term use)
    Updated flooring, refreshed bathrooms, and kitchens with upgraded cabinetry
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    This listing looks promising.

    Here's a quick look at some key insights for

    114 Riverview Avenue, 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
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    Two-Unit Duplex With Separate Entrances
    Updated: Jul 8
    Two-Unit Duplex With Separate Entrances

    238 Webster Avenue, Portsmouth, VA 23704

    $330,000
    2,260 sqft
    1913 duplex with Waterfront feature
    Two separate units: each has 2 bedrooms and 1 full bath
    Each unit is about 1,130 SF; currently operated as an established Airbnb with proven rental history
    Updates include renovated bathrooms and kitchens with upgraded cabinetry, plus updated flooring
    Covered front porch, separate unit entrances, and backyard space with a 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.

    All-Brick Eight-Unit Apartment Building
    All-Brick Eight-Unit Apartment Building

    350 Staten Street, Norfolk, VA 23503

    $1,390,000
    3,700 sqft 0.16 AC lot

    Fully renovated eight-unit apartment building with on-site laundry and assigned parking; all units occupied.

    View details
    Side-by-Side Duplex with STR Permits
    Side-by-Side Duplex with STR Permits

    4401 Ocean View Avenue, Virginia Beach, VA 23455

    $1,800,000
    3,536 sqft

    Licensed short-term rental duplex with recently updated kitchens and bathrooms, sold fully furnished near the beach.

    View details
    Over-Under Duplex Short-Term Rental
    Over-Under Duplex Short-Term Rental

    4405 Ocean View Avenue, Virginia Beach, VA 23455

    $1,600,000
    3,260 sqft

    Two-unit over-under duplex with updated kitchens and baths, including an ADA-compliant downstairs unit, sold fully furnished.

    View details
    Turnkey Quadplex with Private Decks
    Turnkey Quadplex with Private Decks

    1439 W Ocean View Avenue, Norfolk, VA 23503

    $898,000
    3,200 sqft

    Turnkey quadplex offers separate electric metering and private decks for each unit.

    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 11
    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%

    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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