Multi Family homes for sale & real estate in Portsmouth, VA

Multi Family Home for sale in Portsmouth, VA:

Duplex nestled in the heart of Suffolk. This property offers 2 separate units, each featuring 2 bedrooms and 1.5 bathrooms with approximately 1064 sq. ft. of living space per unit. Both units are currently occupied by month-to-month tenants, offering flexibility for future owners. Conveniently close to local amenities, schools, and parks. Don't miss this opportunity to invest in this delightful duplex!

Multi Family Home for sale in Portsmouth, VA:

This triplex is a prime investment, offering strong rental income currently bringing in $3075/month. The property includes a 4-bedroom, 1-bath main unit (1,200 sq. ft. ) with central heat/air, in-unit washer/dryer; currently rented for $1,200/month with potential for an increase. The second unit is a 1-bedroom, 1-bath apartment (600 sq. ft. ) featuring a mini-split AC, window unit, fridge, and gas range, currently rented for $925/month under a renewed lease. The third unit, a unique garage conversion, offers 1-bedroom, 1-bath, in-unit washer/dryer, and 480 sq. ft. (plus a loft) with updated features, also rented under a renewed lease, renting for $900/month. Additional updates include a new

Multi Family Home for sale in Portsmouth, VA:

Discover this unique and versatile home, originally a duplex but now transformed into a spacious 6-bedroom single-family residence. Currently functioning as a rooming house, this property offers a flexible layout perfect for various needs. The first floor features two cozy bedrooms and a shared bathroom, along with a functional kitchen and a welcoming living room, ideal for relaxation or entertaining. Upstairs, the second floor boasts four additional bedrooms, another shared bathroom, and a convenient laundry room. The property also includes a large attic, perfect for bonus storage or potential additional space to customize to your liking. Outdoor living is a highlight, with three porches p

Multi Family Home for sale in Portsmouth, VA:

Side by side duplex, separately metered, fully rented, opportunity for savvy investor.

Multi Family Home for sale in Portsmouth, VA:

For sale: a stunning 12-unit, all-brick apartment building in Norfolk's sought-after Ghent neighborhood. This 3-story building includes 3 one-bedroom, 1-bath units; 6 two-bedroom, 1-bath units; and 3 three-bedroom, 2-bath units, generating a total monthly rent of $19,775. The property boasts a 6.2% cap rate and underwent complete renovations in 2018, including new kitchens with granite countertops and high-end cabinetry, new bathrooms, and new electrical and plumbing systems. Each unit features a washer/dryer and mini-split HVAC systems, with tenants paying all utilities. The freshly sealed roof ensures low maintenance. Conveniently located near EVMS and multiple military bases, this fully

Multi Family Home for sale in Portsmouth, VA:

Great opportunity for investors looking in Ghent! All four units are occupied and will be available to view once under contract. Convenient location to ODU, Naval Bases, and Hospitals as well as numerous restaurants and shops. There is even an on-site laundry facility. You don't want to miss out on this! Seller to make no repairs.

Multi Family Home for sale in Portsmouth, VA:

Sunnybrook Apartments is a 48 unit complex consisting of 7 buildings. 44 two bed/one bath, and 4 one bed/one bath garden style apartments with washers and dryers in all but one building. Numerous improvements within the last 18 months, including kitchen and bathroom updates, LVP flooring throughout, and extensive exterior brick and landscaping updating. Open common areas provide a homey, community back yard feeling. Extensive parking can easily accommodate full occupancy. Tenants pay all utilities other than trash removal. Rental prices have increased significantly in the past 12 months and Sunnybrook maintains near to full occupancy. Location is prime! Just minutes from shipyard, schools,

Multi Family Home for sale in Portsmouth, VA:

INVESTOR ALERT -- Are you looking for INSTANT INCOME? This lucrative mixed-use property is churning out $3,825 PER MONTH! This quality building features 2 COMMERCIAL SPACES + 3 RESIDENTIAL UNITS -- ALL 5 Units have yearly leases in place and SEPARATE METERS for Electricity. The very attentive owner of almost 50 YEARS has maintained and improved this premium property, and it really shows! Come see some recent improvements as well. There’s PARKING too, in the rear of the property. The FABULOUS LOCATION is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! Nearby, you’ll find neighborhood Parks, area Interstates and downtown Norfolk. ACT FAST --