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New construction
  • $650,000

    2001 Azalea Ave, Portsmouth, VA 23704

    --beds
    --baths
    5,000sqft
    : 
    $4,487/mo
    Get pre-qualified
    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
    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!
    2 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Valencia Kelly,

    Keffer Realty 757-482-2606

    Source: REIN Inc.,MLS#: 10659101MLS Logo

      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

        YearProperty taxesTax 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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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Prentis Park

        Getting around

        41 / 100
        Car-Dependent
        39 / 100
        Some Transit

        Nearby schools

        GreatSchools rating
        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.

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