# 401 Maryland Avenue, Portsmouth, VA 23707

> **TL;DR:** multi-family, $1,075,000, built 1985. Est. $4,658/mo. Listed 194 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,075,000 |
| Year Built | 1985 |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 194 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,658 |
| **Total** | **$4,658** |

## Nearby Schools

- **Elementary:** Waterview Elementary
- **Middle:** Churchland Middle
- **High:** Churchland

## Property Highlights

- Built in 1985
- 2 stories

## Description

### Agent Description
Nicely updated brick building featuring ten 1-bedroom apartments, each approx. 724 sq ft with large, flexible rooms. Current layouts offer spacious 1BR living, but the generous square footage provides a potential value-add path to convert to 2-bedroom units (subject to zoning and approvals), creating strong upside in both rent and property value. Renovations include modern finishes, refreshed kitchens/baths, and clean common areas, making this an attractive turnkey asset today with excellent future potential. Prime Portsmouth location close to shipyards, interstates, and employment centers keeps demand strong and vacancies low. Please do not disturb residents under any circumstances.

## Location

- **Address:** 401 Maryland Avenue, Portsmouth, VA 23707
- **Neighborhood:** PORT NORFOLK

## Listing Agent

- **Name:** Christian Phillips
- **Brokerage:** Inlet Realty
- **Phone:** 7576755164
- **Email:** christian@inletrealty.com

## Primary Photo

![401 Maryland Avenue - Primary Photo](http://lh.rdcpix.com/ab38e33d82090e2822f5640caff6f749l-f2292949547r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/401-maryland-avenue-portsmouth-va-23707-10610808)*

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**MLS#:** 10610808 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/401-maryland-avenue-portsmouth-va-23707-10610808)

---

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  "name": "401 Maryland Avenue, Portsmouth, VA 23707",
  "description": "Nicely updated brick building featuring ten 1-bedroom apartments, each approx. 724 sq ft with large, flexible rooms. Current layouts offer spacious 1BR living, but the generous square footage provides a potential value-add path to convert to 2-bedroom units (subject to zoning and approvals), creating strong upside in both rent and property value. Renovations include modern finishes, refreshed kitchens/baths, and clean common areas, making this an attractive turnkey asset today with excellent fut",
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  "datePosted": "2026-06-19",
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