RARE NEW-CONSTRUCTION INVESTMENT OPPORTUNITY! Two spacious, attached, three-story townhomes on Azalea Avenue offered together as ONE purchase—not available individually. Ideal for investors seeking two rental properties in one acquisition or an owner-occupant who wants to live in one home and rent the other to help offset ownership expenses. Each residence offers approximately 2,500 square feet of thoughtfully designed living space, for approximately 5,000 square feet combined. Highlights include 9-foot ceilings, two primary suites per residence, granite countertops, upgraded lighting, ceiling fans, a private garage, and driveway parking. A second-story deck adds desirable outdoor living space—perfect for unwinding, entertaining, or enjoying fresh air without leaving home. The three-level floor plans offer flexibility for a range of living arrangements, with ample space for residents, guests, or work-from-home needs. Separate homes side by side provide the convenience of nearby ownership while preserving the independence of each residence. Looking for an owner-occupied investment opportunity? Make one townhome your personal residence and explore renting the neighboring home for supplemental income. Prefer a fully investment-focused purchase? Rent both townhomes and build a two-property portfolio with new construction. Either approach offers options for long-term ownership and potential income generation. A compelling opportunity for buyers who value spacious floor plans, modern finishes, garage parking, driveway parking, outdoor living space, and the versatility of two residences sold together. Purchase both, choose your strategy, and make the most of this distinctive new-construction offering!
New construction
$650,000
2001 Azalea Ave, Portsmouth, VA 23704
--beds
--baths
5,000sqft
Duplex
Built in 2026
-- sqft lot
$139,100 Zestimate®
$130/sqft
$-- HOA
What's special
Modern finishesDriveway parkingGranite countertopsCeiling fansSpacious attached three-story townhomesUpgraded lightingOutdoor living space
- 2 days
- 44
- 2
Zillow last checked:
Listing updated:
Listed by:
Valencia Kelly,
Keffer Realty 757-482-2606
Source: REIN Inc.,MLS#: 10659101
Facts & features
Interior
Appliances
- Included: Electric Water Heater
Interior area
- Total interior livable area: 5,000 sqft
Property
Features
- Fencing: None
- Waterfront features: Not Waterfront
- Frontage length: 75
Lot
- Size: 7,500 Square Feet
- Dimensions: 100 x 75
Details
- Parcel number: 01210050
- Zoning: UR
- Special conditions: Owner Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Asphalt Shingle
Condition
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Prentis Park
Location
- Region: Portsmouth
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $63,000
- Annual tax amount: $781
- Date on market: 10/23/2026
Estimated market value
$139,100
$103,000 - $179,000
$1,784/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $781 +0.8% | $63,000 |
| 2024 | $775 -1.6% | $63,000 |
| 2023 | $788 -52.9% | $63,000 -51% |
| 2022 | $1,671 +16.1% | $128,560 +16.1% |
| 2021 | $1,440 +5.8% | $110,760 +5.8% |
| 2019 | $1,361 | $104,710 |
| 2018 | $1,361 | $104,710 |
| 2017 | $1,361 +2352.6% | $104,710 |
| 2016 | $56 -95.8% | $104,710 +3.3% |
| 2015 | $1,318 +2.4% | $101,410 |
| 2014 | $1,288 | $101,410 |
| 2013 | $1,288 | $101,410 |
| 2012 | $1,288 -3.2% | $101,410 -3.2% |
| 2011 | $1,330 -0.7% | $104,710 -3.1% |
| 2010 | $1,339 -5.5% | $108,010 -5.5% |
| 2009 | $1,417 +2.5% | $114,270 |
| 2008 | $1,383 +2.7% | $114,270 +7% |
| 2007 | $1,346 +25.3% | $106,840 +35.2% |
| 2006 | $1,074 +14.5% | $79,000 +21.2% |
| 2005 | $939 +12.8% | $65,190 +13.6% |
| 2004 | $832 +14.1% | $57,370 +11.8% |
| 2003 | $729 +5.7% | $51,330 +5.7% |
| 2002 | $690 +3.8% | $48,580 +3.8% |
| 2001 | $664 | $46,780 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Prentis Park
Nearby schools
Schools provided by the listing agent
- Elementary: Cradock Elementary
- High: IC Norcom
Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




