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344 Maryland Ave, Portsmouth, VA, 23707

4beds
4baths
2,920sqft
$450,000
$154price/sqft
$3,166/moest. monthly cost
$126,640/yrincome needed

About This Home

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.

Getting Around

47
WalkingCar-Dependent
7
TransitMinimal Transit
44
BikeSomewhat Bikeable

Schools

2/10
5/10
Churchland Middle SchoolGrades 7-83.4 mi
5/10
Churchland High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Shingle Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Interior Area

  • Total interior livable area: 2,920 sqft

Property

Details

  • Zoning: HR

Features

  • Fencing: Partial
  • Waterfront features: Not Waterfront