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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2326 Elm Avenue in Portsmouth, VA is listed for $254,000 ($141 per sqft). Built in 1924, the home offers 1,800 sqft of living space on a N/A lot.

Agent Description

Solid income-producing duplex offering immediate cash flow with total rents of $2,725/month at a $260,000 asking price. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that appeal to long-term tenants. Recent updates include refreshed finishes in one unit with new countertops and appliances, along with major system improve

ments that reduce future capital expenses-full plumbing updates, including a main sewer line replacement in 2024, new water heaters in both units, and completed foundation work in 2025/2026. Situated on a spacious corner lot in a central location with strong rental demand, this property presents a wonderful addition to any portfolio with upside potential over time.

Key Features

  • Built in 1924

Property Details

1924

Monthly Cost Estimate

$1,358/mo

20% down · 6.5% · 30 years

Principal$184
Interest$1,101
Insurance$74

Estimates only. Actual payments may vary.

Location

2326 Elm Avenue

Portsmouth, VA 23704

PRENTIS PARK

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2326 Elm Avenue is listed at $254,000 ($141/sqft). The estimated monthly payment is $1,101 based on 20% down at 6.5% interest.

Key features include: Built in 1924.

This property is listed by Chad Keeney and can be reached at (757) 955-5692 or chadkeeney1@gmail.com.

CK

Chad Keeney

Agent at Latitude Realty Co.

(757) 955-5692

Listed by Latitude Realty Co. · View on Broker Site

MLS# 10627739· Source: listhub· Updated 60 days ago

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2326 Elm Avenue, Portsmouth, VA 23704

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