37 Farragut St Portsmouth, VA 23702
Cradock NeighborhoodEstimated payment $3,305/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 10581651

APN: 0411-0630
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