2326 Elm Ave, Portsmouth, Virginia

$254,000

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1,800

Square feet

About 2326 Elm Ave

Solid income-producing duplex offering immediate cash flow with total rents of $2,725/month at a $260,000 asking price. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that appeal to long-term tenants. Recent updates include refreshed finishes in one unit with new countertops and appliances, along with major system improvements that reduce future capital expenses—full plumbing updates, including a main sewer line replacement in 2024, new water heaters in both units, and completed foundation work in 2025/2026. Situated on a spacious corner lot in a central location with strong rental demand, this property presents a wonderful addition to any portfolio with upside potential over time.

Features of 2326 Elm Ave

MLS® # 10627739
Price $254,000
Bathrooms 0.00
Square Footage 1,800
Year Built 1924
Type Multi Family Residential
Sub-Type Duplex
Style Side by Side
Status Active

Community Information

Address 2326 Elm Ave
Area Central Portsmouth
Subdivision PRENTIS PARK
City Portsmouth
State Virginia
Zip Code 23704

Amenities

Is Waterfront No
Waterfront Not Waterfront
Has Pool No

Interior

Fireplace No

Exterior

Exterior Vinyl
Roof Composite
Foundation Crawl

School Information

Elementary Douglass Park Elementary
Middle Churchland Middle
High IC Norcom

Additional Information

Days on Market 160
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLatitude Realty Co.

Listing Map

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