344 Maryland Ave, Portsmouth, VA, 23707
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
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,149 | $25,788 |
| Home Insurance * | $240 | $2,880 |
| Property Taxes | $336 | $4,032 |
| Electricity | $281 | $3,375 |
| Total | $3,006 | $36,072 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
For Sale by Agent
View on Zillow