The flats in Norfolk Crescent, Hayling Island, have been boarded up for two years since they were deemed a fire hazard.
They were once owned by notorious landlord and former councillor Christopher Mincham, but he lost them when he was declared ban
krupt last year.
Now chartered surveyors Edward Symmons, of Southampton, say a housing developer is on the verge of buying the site.
The firm said it was hoping to sell the block – currently made up of six bedsits – for between £300,000 and £400,000.
Surveyor Chris Wright said it had been a difficult time trying to sell the property as there had been a number of attempted break-ins.
He said: 'It has been a challenging one.
'It's in an absolute state. Pigeons have got in and fouled everywhere.
'It needs gutting and starting again.'
The Regency-style row of terrace houses was built in the 1820s and is now a Grade-II listed building.
The company said it was presently in the 'delicate stages' of striking a deal with a developer.
But Mr Wright said any developer buying the block would breathe new life into the area, which was once the pride of Hayling Island.
'We do have an offer on the table. We are just waiting to see that our client is happy to proceed,' he added.
Havant Borough Council served a closure order on the flats in 2006 because they were deemed unsafe to live in.
The council also shut a neighbouring block of flats in Norfolk Crescent, where Mr Mincham was the landlord, after tenants Nigel Claridge, 55, and Tony Handley, 37, were killed in a fire in August 2004.
Once the flats are bought, they will still have the closure order on them.
They will not be able to be lived in until the authorities are satisfied they meet fire safety regulations.
The full article contains 338 words and appears in The News newspaper.