Map of Property

Kennedy Drive Apartments

19 Kennedy Drive, Portsmouth, VA 23702

  • For Sale $1,500,000
  • Property Type Multi-Family
  • Property Size 14,538 SF
  • Units 20
  • Lot Size 5.94 Acre
  • Year Built 1965
  • Date Updated Apr 17, 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.
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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

Contacts

broker
John Wessling, Sr., CCIM

S.L. Nusbaum Realty Co.

Location

Getting Around

  • Walk Score ®

    27/100 Car-Dependent

  • Transit Score ®

    22/100 Minimal Transit

  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • NNSY Community Recreation Center

    0.52 miles

  • Popeyes

    0.66 miles

  • Burger King

    0.73 miles

  • Mariner's Reef

    0.79 miles

  • Dunkin'

    0.97 miles

  • Arby's

    1.07 miles

  • Pollard's Chicken & Catering

    1.07 miles

  • Great China

    1.08 miles

  • McDonald's

    1.13 miles

  • Wendy's

    1.14 miles

  • Cradock Middle School

    0.42 miles

  • Cradock Elementary School

    0.72 miles

  • Busy Bee Nursery - Kindergarten

    0.78 miles

  • Brighton Elementary School

    1.23 miles

  • Emily Spong Preschool Center

    1.46 miles

  • Victory Elementary School

    1.55 miles

  • Portsmouth Christian School

    1.74 miles

  • Rena B. Wright Primary School

    1.74 miles

  • Ida Barbour Early Learning Center

    1.79 miles

  • Douglass Park Elementary School

    1.98 miles

  • Jolies Kindercare & Preschool

    2.37 miles

  • Happyland Day Care Center

    2.53 miles

  • Quality Day Care

    2.58 miles

  • Day Care Child Dev Tidewater L/h

    2.71 miles

  • Apple Tree Learning Center

    4.14 miles

  • Children's Harbor

    4.61 miles

  • Young Minds on the Rise Preschool

    4.74 miles

  • Creative World Day Care

    4.99 miles

  • Basics Primary School & Daycare

    5.04 miles

  • Childtime

    5.45 miles

Frequently Asked Questions

How much does Kennedy Drive Apartments cost?

The space currently listed for sale at Kennedy Drive Apartments asks for $1,500,000.

What is the total square footage of Kennedy Drive Apartments?

Kennedy Drive Apartments totals 14,538 square feet.

When was this property built?

Kennedy Drive Apartments was built in 1965.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
John Wessling, Sr., CCIM

S.L. Nusbaum Realty Co.

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