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    Portsmouth, VA
    Triplex

    Portsmouth, VA Triplexes for Sale

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    Updated Triplex with Detached Garage
    Updated: Apr 2
    Updated Triplex with Detached Garage

    1510 Parker Avenue, Portsmouth, VA 23704

    $495,000
    3,460 sqft
    Triplex configuration offers significant rental income potential or flexible living arrangements.
    Each unit features desirable amenities: granite countertops, stainless steel appliances, and in‑unit laundry.
    Separate utility meters for each unit simplify property management.
    Includes a spacious 3‑bedroom, 2‑bath single‑family home.
    Detached garage provides additional storage or parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1510 Parker Avenue, Portsmouth, VA 23704

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $429K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Three-Unit Triplex with Back Deck
    Three-Unit Triplex with Back Deck

    244 Ethel Avenue, Norfolk, VA 23504

    $499,900
    2,250 sqft

    Triplex with three separate units, including a renovated third unit and a back deck.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    408 N Catherine Street, Ahoskie, NC 27910

    $110,000
    704 sqft 0.12 AC lot

    Three-unit income property in Ahoskie, with prior updates completed and remaining improvements to finalize.

    View details
    Residential Income Triplex
    Residential Income Triplex

    3941 Omohundro Avenue, Norfolk, VA 23504

    $455,000
    2,730 sqft

    Triplex for sale in Norfolk, offered as-is with outstanding code violations requiring permitted city inspections.

    View details
    Brick Mixed-Use Building with Offices
    Brick Mixed-Use Building with Offices

    101 W Main St, Ahoskie, NC 27910

    $127,000
    0.10 AC lot

    Brick mixed-use building offers downstairs office space and upstairs residential potential with multiple separate entrances.

    View details

    Portsmouth, VA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 3,460 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for three-family homes in Portsmouth, VA average $495,000 — 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 16
    Apartment buildings 1
    Short term rental properties 1
    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 $495K

    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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