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2326 Elm Avenue, 
Portsmouth, VA 23704

$254,000

—

Bed

—

Bath

1,800

Sq Ft

Multi-Family

Active

Listed by

Chad Keeney

Latitude Realty Co.

757-955-9692

Last updated:

September 28, 2026, 09:18 AM

MLS#

10627739

Source:

VA REIN

About This Home

2326 Elm Avenue

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.

Home Facts

Multi-Family

Built in 1924

Price Summary

254,000

$141 per Sq. Ft.

MLS #:

10627739

Last Updated:

September 28, 2026, 09:18 AM

Rooms & Interior

Interior

Living Area:

1,800 Sq. Ft.

Structure

Structure

Architectural Style:

Side by Side

Building Area:

1,800 Sq. Ft.

Year Built:

1924

Finances & Disclosures

Finances

Price:

$254,000

Price per Sq. Ft:

$141 per Sq. Ft.

Source:VA REIN
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.