243 Maryland Avenue, Portsmouth, VA 23707

Local realty services provided by:ERA Real Estate Professionals
243 Maryland Avenue,Portsmouth, VA 23707
$1,035,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Condominium
  • Active
Listed by: john powers
Office: bhhs rw towne realty
MLS#:10617169
Source:VA_REIN

Price summary

  • Price:$1,035,000

About this home

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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Home facts

  • Year built:1971
  • Listing ID #:10617169
  • Updated:January 30, 2026 at 10:14 AM

Heating and cooling

  • Cooling:Window/Wall
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1971

Schools

  • High school:Churchland
  • Middle school:Churchland Middle
  • Elementary school:Waterview Elementary

Utilities

  • Water:City Water, Water Available, Water Heater - Electric
  • Sewer:City Sewer, Sewer Available

Finances and disclosures

  • Price:$1,035,000
  • Tax amount:$8,248
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