Fantastic opportunity to own a triplex in Portsmouth, VA with built-in rental income! Great for an owner-occupant or investor, the largest unit (Unit A) is currently vacant and ready for occupancy, while Units B and C are occupied and producing income.This charming brick Cape Cod sits on approximately half an acre, set back from the road beneath beautiful mature trees offering privacy, shade and a scenic setting. Unit A offers front and rear access. Unit B is located above with a separate front entrance, while Unit C is positioned alongside Unit A with rear access. Between Units A and C is a screened porch and shared laundry area. The property also includes a storage shed and plenty of outdoor space.Live in one unit while the other two help offset your mortgage—or add 3 more doors to your investment portfolio with this unique income-producing property!
Under contract
$300,000
3824 Turnpike Rd, Portsmouth, VA 23701
--beds
--baths
2,171sqft
Triplex
Built in 1950
-- sqft lot
$298,300 Zestimate®
$138/sqft
$-- HOA
What's special
- 29 days
- 802
- 68
Zillow last checked:
Listing updated:
Listed by:
Kalynn Wachs,
Real Broker LLC 855-450-0442
Source: REIN Inc.,MLS#: 10651361
Facts & features
Interior
Appliances
- Included: Gas Water Heater
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,171 sqft
Video & virtual tour
Property
Features
- Fencing: None
- Waterfront features: Not Waterfront
Lot
- Size: 0.55 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 03380390
- Zoning: UR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: City/County
- Water: City/County
Community & HOA
Community
- Subdivision: Kingman Heights
Location
- Region: Portsmouth
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $278,080
- Annual tax amount: $3,448
- Date on market: 8/28/2026
Estimated market value
$298,300
$283,000 - $313,000
$1,631/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,448 +1.3% | $278,080 +0.5% |
| 2024 | $3,404 +1.9% | $276,720 +3.6% |
| 2023 | $3,340 +7.2% | $267,220 +11.5% |
| 2022 | $3,115 +0.8% | $239,640 +0.8% |
| 2021 | $3,091 +2.9% | $237,790 +2.9% |
| 2019 | $3,003 | $230,980 |
| 2018 | $3,003 | $230,980 |
| 2017 | $3,003 -3.6% | $230,980 |
| 2016 | $3,114 +3.7% | $230,980 +0% |
| 2015 | $3,002 +2.4% | $230,930 |
| 2014 | $2,933 | $230,930 |
| 2013 | $2,933 | $230,930 |
| 2012 | $2,933 | $230,930 |
| 2011 | $2,933 +2.4% | $230,930 |
| 2010 | $2,864 +0.5% | $230,930 +0.5% |
| 2009 | $2,850 +2.5% | $229,830 |
| 2008 | $2,781 -1.7% | $229,830 +2.3% |
| 2007 | $2,830 +7.8% | $224,570 +16.4% |
| 2006 | $2,624 +28.6% | $192,960 +36.1% |
| 2005 | $2,041 +13% | $141,730 +13.8% |
| 2004 | $1,806 +11.3% | $124,530 +9% |
| 2003 | $1,622 +3.7% | $114,200 +3.7% |
| 2002 | $1,564 +3.1% | $110,160 +3.1% |
| 2001 | $1,517 | $106,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Oregon Acres
Nearby schools
Schools provided by the listing agent
- Elementary: Westhaven Elementary
- Middle: William E. Waters 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.







