Let your incoming producing property pay the mortgage of your home. Great opportunity for an investor to live in one property while renting out the additional two apartments. Each of the three apartments is fully updated and turn-key ready, to include brand new appliances! This is a very convenient location to the Portsmouth shipyards. If you've been contemplating about getting into real estate investing, this property can be the beginning.
Sold
$334,000
122 Channing Ave, Portsmouth, VA 23702
7beds
3baths
2,400sqft
Triplex
Built in 1917
-- sqft lot
$348,800 Zestimate®
$139/sqft
$1,661 Estimated rent
Home value
$348,800
$290,000 - $419,000
$1,661/mo
Zestimate® history
Owner options
List your home for rent
$1,661/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,661/mo
Rent Zestimate®
Refinance and save
$2,118/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,118/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Austin Cade,
COVA Home Realty 757-287-9695
Bought with:
Edgar Munoz
Iron Valley Real Est. Prestige
Source: REIN Inc.,MLS#: 10598577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,400 sqft
Property
Features
- Fencing: Partial
- Waterfront features: Not Waterfront
- Frontage length: 56
Lot
- Size: 5,992 Square Feet
- Dimensions: 107 x 56
Details
- Parcel number: 04040810
- Zoning: URH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Cradock
Location
- Region: Portsmouth
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $235,140
- Annual tax amount: $2,877
- Date on market: 8/23/2025
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,916 +1.4% | $235,140 +0.5% |
| 2024 | $2,877 +7.2% | $233,870 +8.9% |
| 2023 | $2,684 +8.2% | $214,740 +12.5% |
| 2022 | $2,482 +14% | $190,910 +14% |
| 2021 | $2,177 +3.3% | $167,430 +3.3% |
| 2019 | $2,106 | $162,010 |
| 2018 | $2,106 +1.6% | $162,010 +1.6% |
| 2017 | $2,073 +233.5% | $159,460 |
| 2016 | $622 -70% | $159,460 -0.1% |
| 2015 | $2,074 +195.4% | $159,540 +188.6% |
| 2014 | $702 | $55,290 |
| 2013 | $702 -55.3% | $55,290 |
| 2012 | $1,572 -3.6% | $55,290 -56.9% |
| 2011 | $1,631 +2.4% | $128,390 |
| 2010 | $1,592 -7% | $128,390 -7% |
| 2009 | $1,712 +2.5% | $138,040 |
| 2008 | $1,670 +8.9% | $138,040 +13.4% |
| 2007 | $1,534 +7.7% | $121,720 +16.2% |
| 2006 | $1,425 +16.7% | $104,750 +23.5% |
| 2005 | $1,221 +12.9% | $84,810 +13.7% |
| 2004 | $1,081 +11.1% | $74,570 +8.8% |
| 2003 | $973 -0.4% | $68,550 -0.5% |
| 2002 | $978 +3% | $68,860 +3% |
| 2001 | $949 | $66,840 |
Find assessor info on the county website
Neighborhood: Cradock
Nearby homes
- $--3 bd1 ba1.1k sqft122 Channing Ave #3, Portsmouth, VA 23702Off Market
- $--1 bd1 ba500 sqft120 Channing Ave #2, Portsmouth, VA 23702Off Market
- $--3 bd1 ba1k sqft120 Channing Ave #1, Portsmouth, VA 23702Off Market
- $201,0003 bd1 ba1k sqft120 Channing Ave, Portsmouth, VA 23702Sold
- $196,900-- bd4 ba1.7k sqft124 Channing Ave, Portsmouth, VA 23702Off Market
- $--3 bd1 ba1.1k sqft124 Channing Ave #A, Portsmouth, VA 23702Off Market
- $---- bd1 ba-- sqft124 Channing Ave #4, Portsmouth, VA 23702Off Market
- $--1 bd1 ba-- sqft124 Channing Ave APT 1, Portsmouth, VA 23702Off Market
Nearby schools
GreatSchools rating
- 1/10Cradock Elementary SchoolGrades: K-6Distance: 0.5 mi
- 2/10Cradock Middle SchoolGrades: 7-8Distance: 0.5 mi
- 3/10Manor High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Cradock Elementary
- Middle: Cradock Middle
- High: Manor High
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$348,800
2% more
+$6,976
With Zillow Showcase(estimated)
$355,776
- Virginia
- Portsmouth City
- Portsmouth
- 23702
- Cradock
- 122 Channing Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Portsmouth Topics
