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243 Maryland Ave

Portsmouth, VA 23707
  • $1,035,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: 10617169
UPDATED: 25 min ago
$1,035,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Port Norfolk
Type:
Multi-Family
Built:
1971
Area:
21 - Central Portsmouth

School Information

Elementary School:
Waterview Elementary
Middle School:
Churchland Middle
High School:
Churchland
School Ratings & Info

Description

8-unit brick apartment building with a new roof and 2BR/1BA units. Multiple levers to increase cash flow, including rent adjustments and utility reimbursement. Mostly month-to-month leases offer flexibility. Attractive opportunity for 1031 or long-term portfolio investors. Prime location short distance to the interstate, shipyards, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.

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www.judyreedrealty.com/homes/172357093
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243 Maryland Ave Portsmouth, VA 23707

  • Price: $1,035,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 25 min ago
  • ID#: 10617169
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Port Norfolk
Area:
21 - Central Portsmouth
Elementary School:
Waterview Elementary
Middle School:
Churchland Middle
High School:
Churchland
Property Description
8-unit brick apartment building with a new roof and 2BR/1BA units. Multiple levers to increase cash flow, including rent adjustments and utility reimbursement. Mostly month-to-month leases offer flexibility. Attractive opportunity for 1031 or long-term portfolio investors. Prime location short distance to the interstate, shipyards, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.
Exterior Features

Construction Frame Exterior Siding Brick Foundation Type Slab Garage YN No Lot Depth 140 Lot Dimensions 80X140 Lot Front 80 Parking 1 SpaceAssigned/Reserved Roof Asphalt Shingle

Interior Features

Cooling Window/Wall Dishwashers 8 Flooring Type CarpetCeramicLaminate/LVP Furnished YN No Heating BasebdElectric Ranges 8 Refrigerators 8 Water Heater Type Electric

Property Features

Apartment Type Garden Contingency Exists Non Contingent Disclosure Disclosure Statement Ownership Type Simple Possession SETTLEMENT Tax Amount Approx 8248 Utilities City SewerCity WaterElectricSewer AvailWater Avail Zoning HR

Real Estate Information Network logoListing provided courtesy of BHHS RW Towne Realty: 757-422-2200
© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


Real Estate Information Network logo© The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN, therefore, makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. The Duplicate Listings Disclaimer is as follows: Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-02-18T21:35:48.997.
 
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