Smart investors, take note! Opportunity is calling from the heart of Westhaven in Central Portsmouth—a proven multifamily corridor celebrated for steady tenancy and powerful portfolio growth. This 4,800-square-foot, 8-unit brick-block building showcases solid construction, thoughtful management, and key capital improvements with a new roof and windows in 2022. Six units are currently leased, generating strong income with a projected market rent surpassing $9,300 monthly. A RUBS utility system minimizes owner expenses and maximizes cash flow, while proximity to Olde Towne Portsmouth, Rivers Casino, Norfolk Naval Shipyard, and I-264 ensures perpetual renter demand. Surrounded by shopping, dining, and dynamic city redevelopment, this property positions itself for long-term appreciation and stable returns. Photos Virtually Staged. Hurry to schedule a private viewing now before someone else buys YOUR INVESTMENT!
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Zillow last checked:
Listing updated:
Listed by:
Lea Marie Ngowakl,
Atlantic Sothebys Int'l Realty757-777-9870
Source: REIN Inc.,MLS#: 10630942
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Appliances
Included: Electric Water Heater
Features
Flooring: Carpet, Laminate/LVP, Vinyl
Common walls with other units/homes: No One Above
Property
Parking
Parking features: Parking Lot, Off Street, On Street
Has uncovered spaces: Yes
Features
Stories: 2
Details
Zoning: URH
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Block, Brick
Foundation: Slab
Roof: Other
Condition
Year built: 1964
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected
Community & HOA
Community
Subdivision: Westhaven
Location
Region: Portsmouth
Financial & listing details
Annual tax amount: $4,753
Date on market: 4/23/2026
Electric utility on property: Yes
Estimated market value
Zestimate®
$882,300
Estimated sales range
$838,000 - $926,000
Rent Zestimate®
$1,275/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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