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Apartment in Portsmouth, VA

$1,035,000 Get Pre-Approved

243 Maryland Avenue, Portsmouth, VA, 23707

Description

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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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Portsmouth Expert Agent

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Additional Listing Details:

11 days on HouseJet

Last Refresh: 02/04/2026 09:00:03 PM UTC

MLS #: 10617169

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Listing Agent

John Powers

Berkshire Hathaway HomeServices RW Towne Realty

Phone: 757-690-0439