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2,920 sqft

$425,000

344 Maryland Ave, Portsmouth VA, 23707

Price per sqft$145.55
Built in1910
Property size2,920 sqft
Property typeMulti-family

Overview

Pending

Under Contract

Listed May 8, 2026

Updated 3 weeks ago

This fully occupied 4-unit multifamily property offers a strong rental history and dependable cash flow potential. Each unit features 1 bedroom, 1 bathroom, a private entrance, and separately metered gas and electric utilities, providing added convenience for both owners and tenants. Off-street parking is accessible from a private rear alley, and one unit includes additional attic storage space. Recent maintenance improvements include a newer crawl space moisture barrier with dual access points. Ideally located in Historic Port Norfolk near the Elizabeth River waterfront, with easy access to downtown Portsmouth, Norfolk Naval Shipyard, and the Midtown Tunnel to Norfolk. A well-maintained investment opportunity with broad tenant appeal. Showings are by appointment only.

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$4,210
Tax Frequency
Annually
55+/Senior Community
No
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Courtesy of A Better Way Realty Inc.

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