117 Dahlgren Avenue
Portsmouth, VA 23702
- – beds
- – baths
- 2,088 sqft
- $138 per sqft
- 1957 build
- – on site
Turnkey Investment with Long-Term Potential! This rare 4-unit multiplex sits on a huge, fenced corner lot and offers a solid foundation for your growing rental portfolio. Each unit features a 1-bedroom, 1-bath single-level layout, ideal for easy maintenance and tenant appeal. Units A, B, and C are tenant-occupied through January, with reliable tenants on year-long leases who are open to renewing. While the interiors offer room for cosmetic updates, the property is already generating consistent income and has plenty of upside potential. With strong rental demand in the area and space to add value over time, this is a prime buy-and-hold opportunity you don’t want to miss!
Last checked:
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Last updated May 17, 2025
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MLS# 10583846 —
The Building
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Year Built:1957
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Style:Side by Side
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Roof:Tar and Gravel
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Exterior Siding:Brick
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Foundation Type:Slab
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SqFt:2,088 Sqft
Financial & Terms
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Ownership Type:Simple
Location
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Area:21 - Central Portsmouth
The Property
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Property Type:Multi Family Residential
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Property Subtype:Quadruplex
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Lot Features:Corner
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Zoning:URH
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Waterfront Description:Not Waterfront
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Fence Description:Full, Picket, Wood Fence
Listing Agent
- Contact info:
- Office phone:
- (757) 490-7300
Taxes
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Tax Amount Approx:$3,410
The Listing
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Disclosures:Disclosure Statement
Utilities
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Water Type:City/County
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Meters Separate:Electric
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Sewer Type:City/County
Appliances
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Water Heater Type:Electric
Schools
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Elementary School:Cradock Elementary
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Middle School:Cradock Middle
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High School:Manor High
The Community
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Subdivision Name:CRADOCK
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/17/25
May 17, 2025
|
Listed / Active | REIN | $289,900 |
