Fantastic Cash-flow Opportunity. Quadplex featuring two 3BR/1BA units and two 2BR/1BA units. Property needs repairs and updates, which is reflected in the price. Once improved and fully occupied, projected rent is $4,000+/month. Priced well below market—recent comparable quadplex sales in similar condition have closed at $360,000 and $375,000. Convenient location: 6 minutes to Rivers Casino, and under 20 minutes to ODU and NSU.
Multi-familyProperty Type
1928Year Built
$63Price/Sq.Ft.
Listed by Jeremy Stansbury• Exit Realty Professionals
Listed by Basia Stansbury• Exit Realty Professionals
Bought with Stephanie Merfalen• Atlantic Sothebys Int'l Realty
The HR sub-district is intended for residential uses, but also allows some public and institutional uses, all subject to the use-specific standards in Sec. 40.2-217 Use-Specific Standards.
Zone overlays
Cradock Historic District
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Group
Housing-Single unit
Infrastructure
Bed & breakfast
Public service
Educational/school
Park & open space
Property details
Interior
Unit 1 Information
Heating: Electric
# of Baths: 1
# of Bedrooms: 3
Cooling: Window/Wall
Flooring: Vinyl, Wood
Parking: Street
Approximate Sq. Ft.: 1000
Unit Description: 71
Unit 2 Information
# of Baths: 1
# of Bedrooms: 2
Cooling: Window/Wall
Flooring: Vinyl, Wood
Heating: Electric
Parking: Street
Approximate Sq. Ft.: 1000
Unit Description: 72
Unit 3 Information
# of Baths: 1
# of Bedrooms: 2
Cooling: Window/Wall
Flooring: Vinyl, Wood
Heating: Electric
Parking: Street
Approximate Sq. Ft.: 1000
Unit Description: 73
Unit 4 Information
# of Baths: 1
# of Bedrooms: 3
Cooling: Window/Wall
Flooring: Vinyl, Wood
Heating: Electric
Parking: Street
Approximate Sq. Ft.: 1000
Unit Description: 74
Exterior
Exterior Information
Exterior Siding: Vinyl
Roof: Asphalt Shingle
Property Information
Property Type: Quadruplex
Style: Side by Side
Foundation Type: Crawl
Ownership Type: Simple
Utilities
Utilities Information
Separate Meters: All
Sewer Type: City/County
Water Type: City/County
Water Heater Type: Electric
Location
School Information
Elementary School: James Hurst Elementary
Middle School: Cradock Middle
High School: Woodrow Wilson
Location Information
Neighborhood Name: CRADOCK
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,988
Stories: 2.0
Lot Size: 9,583 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1928
Year Renovated: —
County: Portsmouth
APN: 04090 210
Home facts updated by county records on Aug 25, 2026
Other
Misc. Information
Fixer Upper
Around this home
Schools
Cradock Elementary School
Public K-6 • Assigned • 0.1mi
1/10
Cradock Middle School
Public 7-8 • Assigned • 0.4mi
2/10
Manor High School
Public 9-12 • Assigned • 3.5mi
3/10
Provided by GreatSchools
Climate risks
6/10 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)
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67
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54
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75
82
69
79
66
71
54
64
46
52
35
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May
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Sun exposure
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.