Ad #7878565
MLS #10638682
Rare opportunity to acquire a well-maintained 5-unit multifamily
367 Middle St, Portsmouth, VA 23704
$650,000
--Beds
--Baths
--Sqft
--Acres
About this property
Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Portsmouth's highly sought-after Olde Towne Historic District. The property consists of two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base. Positioned in one of Hampton Roads' most desirable neighborhoods, the property is just blocks from the Elizabeth River waterfront, Portsmouth-Norfolk Ferry, restaurants, coffee shops, museums, parks, and entertainment venues. Surrounded by major employment centers including Naval Medical Center Portsmouth, Norfolk Naval Shipyard, and Rivers Casino Portsmouth, the asset benefits from strong and consistent rental demand. Select units convey furnished, creating additional upside through furnished, mid-term, or executive rental strategiesbining stable cash flow, a proven rental history, limited local multifamily inventory, and long-term appreciation potential, this turnkey asset presents an exceptional opportunity for investors seeking both current income and future growth in a supply-constrained waterfront market.?
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1852
0.000 Acres
Off Street
Metal Roof
Heat Pump (Heating)
$7,394 / yr property tax
Portsmouth County
OLDE TOWNE - 11 Community
Additional Photos
Contact Information
Alex Winfield
Coastal Group, Inc.
757-233-9595
Location
Listing Agent: Alex Winfield 757-233-9595
Broker: Coastal Group, Inc. 757-233-9595 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: Coastal Group, Inc. 757-233-9595 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 11, 2026
Photo Gallery
$650,000
--
Beds
--
Baths
--
Sqft
367 Middle St, Portsmouth, VA 23704
By contacting this agent you agree to these Terms and Conditions.
MLS# 10638682
Rare opportunity to acquire a well-maintained 5-unit multifamily
$650,000
367 Middle St, Portsmouth, VA 23704
--
Beds
--
Baths
--
Sqft
--
Acres
$650,000
367 Middle St, Portsmouth, VA 23704
-- Beds
-- Baths
-- Sqft
-- Acres
Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Portsmouth's highly sought-after Olde Towne Historic District. The property consists of two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base. Positioned in one of Hampton Roads' most desirable neighborhoods, the property is just blocks from the Elizabeth River waterfront, Portsmouth-Norfolk Ferry, restaurants, coffee shops, museums, parks, and entertainment venues. Surrounded by major employment centers including Naval Medical Center Portsmouth, Norfolk Naval Shipyard, and Rivers Casino Portsmouth, the asset benefits from strong and consistent rental demand. Select units convey furnished, creating additional upside through furnished, mid-term, or executive rental strategiesbining stable cash flow, a proven rental history, limited local multifamily inventory, and long-term appreciation potential, this turnkey asset presents an exceptional opportunity for investors seeking both current income and future growth in a supply-constrained waterfront market.?
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1852
0.000 Acres
EXTERIOR
Off Street
Metal Roof
INTERIOR
Heat Pump (Heating)
FINANCIAL & COMMUNITY
$7,394 / yr property tax
Portsmouth County
OLDE TOWNE - 11 Community
See More Details
Location
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Ad Statistics
Ad Number
7878565
Viewed
61 times
Listing Status
Active
Added
Jun 13, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Real Estate Information Network, Inc.
Source Property ID
10638682
Listing Agent: Alex Winfield 757-233-9595
Broker: Coastal Group, Inc. 757-233-9595 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: Coastal Group, Inc. 757-233-9595 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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