1802 Atlanta Avenue, Portsmouth, VA 23704

Portsmouth
Local realty services provided by:Better Homes and Gardens Real Estate Native American Group
1802 Atlanta Avenue,Portsmouth, VA 23704
$324,999
  • - Beds
  • - Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Mar 28
    12:00 pm - 03:00 pm
Listed by: shannon paschall
Office: atcoastal realty
MLS#:10625129
Source:VA_REIN

Price summary

  • Price:$324,999
  • Price per sq. ft.:$135.42

About this home

OPEN HOUSE SATURDAY FROM 12–3 PM — COME SEE IT WITH YOUR AGENT! Turnkey income-producing duplex offering a rare investor opportunity with strong cash flow and a cap rate that’s hard to find. Fully leased, with 6 bedrooms and 3 full baths, with both units rented at $1,600 each ($3,200/mo). The first-floor unit offers 3 bedrooms and 2 baths, while the second-floor unit includes 2 bedrooms plus a bonus room, 1 bath. Both units updated with newer flooring, upgraded kitchens and baths, and modern lighting. Exterior features include spacious porches, a 4-car driveway and street parking. With separate water, gas, & electric meters. Recent updates from 2023–2025 include new carpet, fresh paint, updated kitchens & baths, new ductwork, crawlspace moisture barrier, & new plumbing drain lines. Home values in Hampton Roads continue to appreciate at an estimated 3–5% annually—making this an ideal opportunity to a cash-flowing asset while building long-term wealth. Property being sold as-is.

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Home facts

  • Year built:1930
  • Listing ID #:10625129
  • Updated:March 28, 2026 at 09:25 AM

Rooms and interior

  • Living area:2,400 sq. ft.

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1930
  • Building area:2,400 sq. ft.
  • Lot Features:Shed
  • Construction Materials:Brick, Vinyl
  • Foundation Description:Crawl

Schools

  • High school:IC Norcom
  • Middle school:Cradock Middle
  • Elementary school:Brighton Elementary

Utilities

  • Water:City/County, Water Heater - Gas
  • Sewer:City/County

Finances and disclosures

  • Price:$324,999
  • Price per sq. ft.:$135.42
  • Tax amount:$3,245
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