Kennedy Drive Apartments

For Sale

19 Kennedy Drive, Portsmouth, VA 23702

This Portsmouth property for sale is located at 19 Kennedy Drive. The current listed sale price for Kennedy Drive Apartments is $1,500,000. Kennedy Drive Apartments is situated on a lot that is 5.94 acre in size.

Contacts

broker
John Wessling, Sr., CCIM

S.L. Nusbaum Realty Co.

Property Details

  • Property Type Multi-Family
  • Property Size 14,538 SF
  • Units 20
  • Lot Size 5.94 Acre
  • Year Built 1965
  • Date Updated Apr 23, 2025
Situated on the water overlooking Paradise Creek in Portsmouth, Virginia.This waterfront multifamily property sits on approximately 5.9 acres overlooking Paradise Creek in the Cradock Historic District of Portsmouth, Virginia. With significantly below-market rents, Kennedy Drive Apartments presents a value-add opportunity with immediate upside. Family owned and operated since constructed.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Value-Add opportunity
  • Occupancy: 68%
  • Long-term tenants
  • Each unit is equipped with electric range, oven and refrigerator
  • HVAC: Window Units
  • Located midway between Chesapeake and Downtown Norfolk
  • Proximity to major employers including Norfolk Naval Shipyard, BAE Systems, Bon Secours Medical Center and others

Getting around

  • 27/100

    Walk Score ®

  • 22/100

    Transit Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portsmouth, VA
  • Neighborhood Afton Village
  • Zip Code 23702
  • Market Richmond Tidewater

Points of Interest

  • Civic Plaza

    3.25 miles

  • MacArthur Square

    3.27 miles

  • Harbor Park

    3.35 miles

  • Norfolk

    3.37 miles

  • Monticello

    3.55 miles

  • York Street/Freemason

    3.62 miles

  • NSU

    3.72 miles

  • EVMC/Fort Norfolk

    3.89 miles

  • Ballentine/Broad Creek

    4.33 miles

  • Ingleside Road

    4.96 miles

  • Shell

    1.31 miles

  • BP

    1.40 miles

  • 7-Eleven

    1.56 miles

  • Amoco

    1.97 miles

  • Texaco

    2.10 miles

  • Tesla Supercharger

    6.21 miles

  • Electric Vehicle Charging Station

    6.60 miles

  • ChargePoint

    8.74 miles

  • Lot 42

    0.63 miles

  • County Street Garage

    2.25 miles

  • Civic Center Lot

    2.28 miles

  • Water Street Garage

    2.32 miles

  • Middle Street Garage

    2.41 miles

  • Harbor Court Parking Garage

    2.63 miles

  • Dominion Tower Parking Garage

    3.06 miles

  • Waterside Garage

    3.12 miles

  • CBP Parking

    3.13 miles

  • Main Street Garage

    3.19 miles

  • Days Inn

    1.25 miles

  • Budget Lodge

    2.19 miles

  • Super Value Inn Ports Mouth/Olde Town Area

    2.34 miles

  • Open 24 Lodge

    2.48 miles

  • Comfort Inn Olde Town

    2.49 miles

  • Riverwalk Inn & Suites Portsmouth

    2.53 miles

  • Renaissance Portsmouth-Norfolk Waterfront Hotel

    2.54 miles

  • National at Harbor Towers

    2.63 miles

  • Comfort Inn - Deep Creek

    2.64 miles

  • Econo Lodge

    2.88 miles

  • Food Lion

    1.14 miles

  • Kroger

    2.29 miles

  • Berkley Supermarket

    2.50 miles

  • Walmart Supercenter

    2.60 miles

  • Big Lots

    3.19 miles

  • Dillard's

    3.33 miles

  • Macarthur Center

    3.43 miles

  • Kohl's

    3.84 miles

  • Coast Guard Exchange

    4.37 miles

  • TJ Maxx

    4.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Wessling, Sr., CCIM

S.L. Nusbaum Realty Co.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.