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  • $540,100

    37 Farragut St, Portsmouth, VA 23702

    12beds
    5baths
    4,400sqft
    Quadruplex
    Built in 1918
    -- sqft lot
    $576,200 Zestimate®
    $123/sqft
    $1,608 Estimated rent

    Home value

    $576,200

    $490,000 - $674,000

    $1,608/mo

    Zestimate® history
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    $1,608/mo

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    $3,416/mo

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    What's special

    This cash flowing quadplex is a rare find in the heart of Portsmouth! Featuring four generously sized 3 bedroom units, each offering 1,100 square feet of living space, this well-maintained asset is poised to deliver immediate income and future upside. Two of the four units are currently secured under one year leases at $1,900+ per month, providing reliable, built-in revenue. Located just minutes from the Norfolk Naval Shipyard, Portsmouth Naval Hospital, and vibrant Downtown Portsmouth, tenants enjoy easy access to major employers, transit, and amenities. Whether you’re expanding your portfolio or entering a thriving rental market, this property checks all the boxes for dependable returns and long term value. Don’t miss this prime opportunity to own a high performing, centrally located asset in one of Hampton Roads' most active rental corridors.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angel Kornegay,

    ONYX Realty Professionals LLC 757-278-3945

    Bought with:

    Eric Gardner

    RE/MAX Alliance

    Source: REIN Inc.,MLS#: 10581651MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 5
    Appliances
    • Included: Electric Water Heater
    Features
    • Has basement: No
    Interior area
    • Total interior livable area: 4,400 sqft

    Property

    Features
    • Fencing: Full,Privacy,Wood
    • Waterfront features: Not Waterfront
    • Frontage length: 106'
    Lot
    • Dimensions: 106' x 92' x 104' x 92'
    Details
    • Parcel number: 04110630
    • Zoning: HR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Sewer: City/County
    • Water: City/County

    Community & HOA

    Community
    • Subdivision: Cradock
    Location
    • Region: Portsmouth

    Financial & listing details

    • Price per square foot: $123/sqft
    • Tax assessed value: $313,870
    • Annual tax amount: $3,775
    • Date on market: 5/2/2025

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2025$3,892 +3.1%$313,870 +2.3%
    2024$3,775 -0.1%$306,880 +1.5%
    2023$3,779 +5.7%$302,310 +9.9%
    2022$3,575 +29.6%$275,030 +29.6%
    2021$2,758 +4.3%$212,160 +4.3%
    2019$2,645 $203,460
    2018$2,645 $203,460
    2017$2,645 -6.7%$203,460
    2016$2,834 +7.1%$203,460
    2015$2,645 +2.4%$203,460
    2014$2,584 $203,460
    2013$2,584 $203,460
    2012$2,584 -9.1%$203,460 -9.1%
    2011$2,842 +2.4%$223,800
    2010$2,775 $223,800
    2009$2,775 +2.5%$223,800
    2008$2,708 +10.3%$223,800 +14.8%
    2007$2,456 +1.8%$194,890 +9.9%
    2006$2,412 +21.5%$177,340 +28.6%
    2005$1,985 +9.2%$137,870 +10%
    2004$1,818 +10.9%$125,360 +8.6%
    2003$1,639 +3%$115,430 +3%
    2002$1,591 +12.2%$112,070 +12.2%
    2001$1,419 $99,910
    Find assessor info on the county website

    Neighborhood: Cradock

    Nearby schools

    GreatSchools rating
    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.

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    $576,200
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    +$11,524
    With Zillow Showcase(estimated)
    $587,724