

367 Middle StreetPortsmouth, VA 23704
Multi-Family367 Middle Street Overview
- Time on Site:
- 20 days
- Visits:
- 3
Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Portsmouth's highly sought-after Olde Towne Historic District.? The property consists of two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base.? Positioned in one of Hampton Roads' most walkable and desirable neighborhoods, the property is just blocks from the Elizabeth River waterfront, Portsmouth-Norfolk Ferry, restaurants, coffee shops, museums, parks, and entertainment venues.? Surrounded by major employment centers including Naval Medical Center Portsmouth, Norfolk Naval Shipyard, and Rivers Casino Portsmouth, the asset benefits from strong and consistent rental demand.? Select units convey furnished, creating additional upside through furnished, mid-term, or executive rental strategies.? Combining stable cash flow, a proven rental history, limited local multifamily inventory, and long-term appreciation potential, this turnkey asset presents an exceptional opportunity for investors seeking both current income and future growth in a supply-constrained waterfront market.?
367 Middle Street Facts & Features
- Type Multi-Family
Details
General
School Information
- Elementary School: Park View Elementary
- Middle Or Junior School: Churchland Middle
- High School: IC Norcom
Building Information
- Type of Apartment: Other
- Year Built: 1852
Location/Region
- County Or Parish: Portsmouth VA
- MLS Area Major: 21 - Central Portsmouth
- Subdivision Name: OLDE TOWNE - 119
Tax Information
- Tax Annual Amount: $7,394.00
General Information
- Contingency Exists: Non Contingent
- Disclosures: Disclosure Statement
- Furnished: 0
- Neighborhood Name: OLDE TOWNE
- Ownership: Simple
- Property Type: Apartments 3+
- Zoning: HR
Interior
Parking Information
- Garage: No
Building Interior
- Appliances Dishwashers: 5
- Appliances Disposals: 0
- Appliances Dryers: 0
- Appliances Ranges: 5
- Appliances Refrigerators: 5
- Appliances Washers: 0
- Water Heater Type: Electric
General Information
- Cooling: Central Air, Window/Wall
- Flooring: Carpet, Laminate/LVP
- Foundation Details: Basement
- Heating: Heat Pump W/A
- Stories Total: 2.0000
Exterior
Parking Information
- Parking Features: Off Street
Building Exterior/Construction
- Construction Materials: Frame
- Exterior Siding: Brick,Other
- Roof: Metal
General Information
- Utilities: City Sewer,City Water,Electric,Telephone Avail
Unit Information
Unit 1 Details
- Beds Total: 1
- Baths Total: 1.0000
Unit 2 Details
- Beds Total: 2
- Baths Total: 1.0000
Unit 3 Details
- Baths Total: 1.0000
Unit 4 Details
- Baths Total: 1.0000
367 Middle Street Neighborhood
Community
23704 (PORTSMOUTH) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.367 Middle Street Monthly Cost
367 Middle Street Market Data
Based on the last 30 days in this zip code
367 Middle Street History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: REIN MLS | Active |
|
| 6/10/2026Source: REIN MLS | June 10, 2026 |