Discover the unique opportunity this versatile two-home property offers! Situated on a single lot, this property features two detached single-family residences, making it ideal for multi-generational living, owner-occupants seeking rental income, or savvy investors looking to expand their portfolio. Updated in 2023, the first home offers 2 bedrooms, 1 bath, and an expansive open floor plan that seamlessly connects the living room, dining area, and kitchen. The second home features a spacious 1-bedroom, 1-bath design complete with a walk-in closet and an inviting open-concept layout with comfortable living space. Step outside and enjoy the covered patio, perfect for relaxing or entertaining, along with a manageable yard that provides outdoor enjoyment without extensive upkeep. Conveniently located near major interstate access, parks, schools, shopping, and dining, this property combines flexibility, functionality, and location. Whether you're looking to offset your mortgage with rental income or add a turnkey investment to your portfolio, this is an opportunity you won't want to miss. Schedule your private showing today! Now a short-sale. Price not yet approved by bank.
Single-familyProperty Type
1941Year Built
5,662 sq ftLot Size
$152Price/Sq.Ft.
Listed by Melody Cespedes• 1st Class Real Estate Flagship
Cradock, located between the Elizabeth River and Victory Boulevard, is a historic and residential Portsmouth neighborhood with brick rowhouses and a waterfront edge. The neighborhood’s character concentrates around the Cradock Historic District streetscape near Afton Parkway, where tidy front stoops, pocket greens, and a quiet, walkable grid set the tone. The Cradock Historic District reads like an early-20th-century planning lesson, with repeating façades and small courtyards that keep the streets feeling cohesive. Views and breezes shift near the river, while the interior blocks stay calm and orderly. Nearby civic anchors and ballfields shape daily routines without changing the neighborhood’s low-key cadence.
Provided by Walk Score and Local Logic
Market insights
103 Decatur St · $250,000
DAYS ON MARKET
78 days
The average home goes pending in 24 days.
SALE-TO-LIST
100.0%
Most homes are selling 0% above list price.
LIST PRICE
$250,000
Median list price in this area is $295,593. (18% higher than this home)
PRICE DROP
2 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Cable hookup
Ceiling fan
Pull-down attic stairs
Scuttle attic access
Walk-in closet
Bedrooms
First-floor bedroom with full bathroom
Master bedroom
Additional bedroom
Bathrooms
Two full bathrooms
Kitchen
Electric range
Dishwasher
Garbage disposal
Refrigerator
Laundry & utility
Washer hookup
Dryer hookup
Utility room
Flooring
Ceramic flooring
Laminate flooring
Heating & cooling
Electric heating
Other cooling
Exterior features
Patio
Back yard partially fenced with chain link fence
Home design
Detached bungalow/ranch
Single-story
Parking
Off-street parking via driveway
Street parking
Construction
Brick siding
Asphalt shingle roof
Crawl and slab foundation
Accessory dwelling unit (ADU) and storage shed
Utilities
City/County water
City/County sewer
Electric water heater
HOA & community
No HOA fees listed
Electricity and solar
View estimated energy costs and solar savings for this home
The Urban Residential UR district is established to accommodate a range of residential development as a principal use, along with mixed-use, neighborhood-serving commercial development, and institutional uses to encourage diverse development. These districts are mid-density, traditional neighborhoods.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Housing-Senior
Housing-Student
Infrastructure
Mixed use
Recreation
Golf related
Marina
Climate risks
5/10 Flood Factor
Estimated 47-57% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Portsmouth, VA • 23702
Average low and high temperatures (°F)
47
30
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34
67
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54
78
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75
82
69
79
66
71
54
64
46
52
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 103 Decatur St
$249,212
$788 under list price of $250K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $247K to $310K.