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$600,000
Est. payment /mo
3,716 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,716 sqft
Price per Sqft $161
Subdivision Olde Towne - 119
MLS Listing ID 10647679
Style Over/Under
HOA Y/N No
Year Built 1910
Annual Tax Amount $6,253
Lot Size 3716.000 Acres
Property Sub-Type Duplex
Property Description
A truly one-of-a-kind income-producing property in the heart of Historic Olde Towne Portsmouth. Unlike typical area duplexes, 534 Hampton Place offers an exceptional combination of size, character, and proven income potential. Built as a duplex in the early 1900s, this historic multiple dwelling stands apart because of its expansive layout and unique footprint. The seller considers it their highest-performing short-term rental, consistently generating strong Airbnb income in one of Portsmouth's most desirable, walkable neighborhoods. Just steps from High Street, restaurants, waterfront attractions, entertainment, the ferry to Norfolk, the Naval Medical Center, and the U.S. Coast Guard Base, the location attracts leisure and business travelers. With approximately 3,716 square feet, it is one of the larger duplexes in Olde Towne. Continued downtown revitalization, waterfront improvements, and residential growth position this property for immediate cash flow and long-term appreciation.
Location
State VA
County Portsmouth
Area 21 - Central Portsmouth
Zoning HR
Interior
Hot Water Gas
Exterior
Fence None
Waterfront Description Not Waterfront
Roof Type Asphalt Shingle
Building
Foundation Basement, Crawl
Sewer City/County
Water City/County
Schools
Elementary Schools Park View Elementary
Middle Schools Churchland Middle
High Schools Ic Norcom
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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