Ad #8026965
MLS #10635401
Opportunities like 1523 & 1525 Des Moines Ave are the *hidden
1525 Des Moines Ave, Portsmouth, VA 23704
$260,000
--Beds
--Baths
1,476Sqft
--Acres
About this property
Opportunities like 1523 & 1525 Des Moines Ave are the *hidden gems* of the Portsmouth market. This dual-asset acquisition allows you to offset your hold of cost from Day 1 with a current tenant 1523 paying $900/month (10,800 in annual gross income), while you unlock the explosive potential of the adjacent unit. By converting 1525 into a premium 3-bedroom, 2-bedroom residence, you aren't just renovating-you are engineering equity. In a market where 3/2 units command premium rents, a strategic conversion can significantly optimize you Cap Rate. With a 3-year-old roof already protecting you investment, your capital can be focused entirely on the high-ROI interior finishes that drive appraisal value. 1525 has all-in-one washer /dryer. Has electrical charger outlet.
Property Features
0 Beds
0 Baths
1,476 Sqft
Built in 1953
0.000 Acres
Shingle Roof
$3,145 / yr property tax
Portsmouth County
PRENTIS PLACE Community
Additional Photos
Contact Information
Elizabeth Abrams
Abrams Realty
757-642-0118
Location
Listing Agent: Elizabeth Abrams 757-642-0118
Broker: Abrams Realty 757-642-0118 Listing Site
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Abrams Realty 757-642-0118 Listing Site
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
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$260,000
--
Beds
--
Baths
1,476
Sqft
1525 Des Moines Ave, Portsmouth, VA 23704
By contacting this agent you agree to these Terms and Conditions.
MLS# 10635401
Opportunities like 1523 & 1525 Des Moines Ave are the *hidden
$260,000
1525 Des Moines Ave, Portsmouth, VA 23704
--
Beds
--
Baths
1,476
Sqft
--
Acres
$260,000
1525 Des Moines Ave, Portsmouth, VA 23704
-- Beds
-- Baths
1,476 Sqft
-- Acres
Opportunities like 1523 & 1525 Des Moines Ave are the *hidden gems* of the Portsmouth market. This dual-asset acquisition allows you to offset your hold of cost from Day 1 with a current tenant 1523 paying $900/month (10,800 in annual gross income), while you unlock the explosive potential of the adjacent unit. By converting 1525 into a premium 3-bedroom, 2-bedroom residence, you aren't just renovating-you are engineering equity. In a market where 3/2 units command premium rents, a strategic conversion can significantly optimize you Cap Rate. With a 3-year-old roof already protecting you investment, your capital can be focused entirely on the high-ROI interior finishes that drive appraisal value. 1525 has all-in-one washer /dryer. Has electrical charger outlet.
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Property Details
HOME DETAILS
0 Beds
0 Baths
1,476 Sqft
Built in 1953
0.000 Acres
EXTERIOR
Shingle Roof
FINANCIAL & COMMUNITY
$3,145 / yr property tax
Portsmouth County
PRENTIS PLACE Community
See More Details
Location
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Ad Statistics
Ad Number
8026965
Viewed
0 time
Listing Status
Active
Added
Jun 23, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Real Estate Information Network, Inc.
Source Property ID
10635401
Listing Agent: Elizabeth Abrams 757-642-0118
Broker: Abrams Realty 757-642-0118 Listing Site
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Abrams Realty 757-642-0118 Listing Site
Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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