$539,900
PENDING

Estimated payment $3,305/month

Total Views 1,894
-- Bed
-- Bath
4,400 Sq Ft
$123 Price per Sq Ft

About This Home

This cash flowing quadplex is a rare find in the heart of Portsmouth! Featuring four generously sized 3 bedroom units, each offering 1,100 square feet of living space, this well-maintained asset is poised to deliver immediate income and future upside. Two of the four units are currently secured under one year leases at $1,900+ per month, providing reliable, built-in revenue. Located just minutes from the Norfolk Naval Shipyard, Portsmouth Naval Hospital, and vibrant Downtown Portsmouth, tenants enjoy easy access to major employers, transit, and amenities. Whether you’re expanding your portfolio or entering a thriving rental market, this property checks all the boxes for dependable returns and long term value. Don’t miss this prime opportunity to own a high performing, centrally located asset in one of Hampton Roads' most active rental corridors.

Listing Agent

Kornegay Vonshaqet

ONYX Realty Professionals LLC Listed on: 05/02/2025

ONYX Realty Professionals LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 106'x92'x104'x92'
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Home Design

  • 4,400 Sq Ft Home
  • Quadruplex
  • Side-by-Side
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Schools

  • Cradock Elementary School
  • Cradock Middle School
  • Manor High School

Utilities

  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • Cradock Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,775

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi Family Residential
  • Property Sub Type: Quadruplex
  • Property Type - Cross Property: Multi Family Residential
  • Style: Side by Side
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • LP/ Sq Ft: 122.70
  • Estimated Year Built: 1918
  • Address Street Name Website: Farragut
  • Address Street Num Website: 37
  • Address Website: 37 Farragut ST
  • Market Time: 34
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Year Built: 1918

Interior Features

  • Estimated Sq Ft: 4400

Exterior Features

  • Exterior Siding: Vinyl
  • Fence Description: Full, Privacy, Wood Fence
  • Foundation Type: Slab
  • Roof: Asphalt Shingle
  • Waterfront Description: Not Waterfront

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Electric
  • Water Type: City/County

Schools

  • Elementary School: Cradock Elementary
  • Middle School: Cradock Middle
  • High School: Manor High

Lot Info

  • Lot Depth: 92'
  • Lot Front: 106'
  • Waterfront YN: No
  • Lot Dimensions: 106'X92'X104'X92'
  • Zoning: HR

Building Info

  • New Construction YN: No

Multi Family

  • Meters Separate: Electric, Water

Tax Info

  • Tax Amount Approx: 3775

MLS Schools

  • Elementary School: Cradock Elementary
  • School High School: Manor High
  • Middle School: Cradock Middle

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $539,900 -- $123 / Sq Ft
Source: Real Estate Information Network (REIN)

Source: Real Estate Information Network (REIN)

MLS Number: 10581651

Real Estate Information Network (REIN)

APN: 0411-0630