37 Farragut St Portsmouth, VA 23702
Property details
About 37 Farragut St
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.
Highlights
Summary
- Basement: Yes
- Architectural Style: Side by Side
- List Price: $539,900
- Price/SqFt: $122
- Annual Tax Amount: $3,774
- Tax Year: 2024
- Year Built: 1918
- Living Area: 4,400 SqFt
- MLS Number: 10581651
- Office Name: ONYX Realty Professionals LLC
- Listing Agent: Angel Kornegay
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Last updated on: 5/29/2025, 4:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$539,900
37 Farragut St
$6,411
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $306,880 | $3,774 |
| 2023 | $302,310 | $3,778 |
| 2022 | $275,030 | $3,575 |
| 2021 | $212,160 | $2,758 |
| 2020 | $212,160 | $2,758 |
| 2019 | $203,460 | $2,644 |
| 2018 | $203,460 | $2,644 |
| 2017 | $203,460 | $2,644 |
History based on county public records data.
Nearby schools
1
Cradock Elementary School
Public District KG-6
0.4 mi
•18 Dahlgren Ave
4
Victory Elementary School
Public District KG-6
1.2 mi
•2828 Greenwood Dr
2
Brighton Elementary School
Public District KG-6
1.2 mi
•1100 Portsmouth Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,400. Typical income of Portsmouth, VA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Pro Boxing
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Qdoba
What do the neighbors drive?
Mazda
Dodge
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Urban Adult Contemporary
This home is located at 37 Farragut St in Portsmouth, VA and zip code 23702 in the Cradock neighborhood. This 4,400 square foot home was built in 1918. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $539,900.
In April 2025 more than 0 listings in Portsmouth, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 0 were sold below. The number of listings in Portsmouth, VA increased by 6% between March and April 2025. Listings spent 44 days on the market in April 2025, and had a median list price of $230,000 during the same period.