

43 days on market
$960,000
243 Maryland Ave
Portsmouth, Virginia 23707
MLS# 10617169 · PORT NORFOLK · Portsmouth VA
Updated Apr 6, 2026 · Source: REIN MLS
Est. payment
$5,949/mo
Edit below
Price / sq ft
$0
0 sq ft
Days on market
43
HOA
None
Year built
1971
55 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
0
Garage
No
Schools
- ElementaryJohn Tyler Elementary School2/10
- MiddleChurchland Middle School5/10
- 5/10
Info provided by GreatSchools
About this home
8-unit brick apartment building with a new roof and 2BR/1BA units. Multiple levers to increase cash flow, including rent adjustments and utility reimbursement. Mostly month-to-month leases offer flexibility. Attractive opportunity for 1031 or long-term portfolio investors. Prime location short distance to the interstate, shipyards, and employment centers keeps demand strong and vacancies low. Please do not disturb re…
Listed by John Powers · BHHS RW Towne Realty
Location & Neighborhood
Location & Street View
243 Maryland AVE, Portsmouth
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
0
Stories
2
Fireplaces
0
Flooring
Carpet, Ceramic, Laminate/LVP
Heating
Basebd,Electric
Cooling
Window/Wall
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$960,000
Price / Sq Ft
$0
Annual Taxes
$8,248
Monthly Tax
$687
HOA
None
Tax Rate (effective)
0.86%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 27, 2026 | $960,000 | — |
| Currently listed | — | $960,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$665,140
Land
$109,020
Improvement
$556,120
Parcel ID: 01380360 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Portsmouth
Portsmouth combines historic naval heritage with affordable, character-rich neighborhoods. Olde Towne Portsmouth offers tree-lined streets of restored 18th- and 19th-century homes with sweeping Elizabeth River views — one of the largest collections of pre-Revolutionary architecture in the country. Churchland, Cradock, and West Park View provide established family neighborhoods at price points well below comparable Norfolk or Virginia Beach properties. The city is home to Norfolk Naval Shipyard, one of the Navy's oldest and largest, ensuring consistent demand from civilian shipyard workers and active-duty Navy personnel.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$5,949/moPrincipal & interest
$4,981
Property tax
$687
Home insurance
$280
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10617169
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$960,000
243 Maryland AVE, PORTSMOUTH VA 23707
Portsmouth, Virginia 23707
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