Edgehill, Yorktown, VA Real Estate | Edgehill, Yorktown, VA Multi-Family Homes for Sale

Just a five-minute walk to the beach in Virginia Beaches highly sought-after North-End, this unique coastal property offers a rare opportunity to own two connected residences with flexibility, privacy, character, and potential income opportunities. The primary residence (approx. 1,339 sqft) features abundant natural light, fresh paint, an updated kitchen with newer appliances, fireplaces, half bath, and a spacious primary suite with flexible space attached, private en-suite bath with jetted tub, private balcony, and rooftop terrace. A separate hallway full bathroom provides additional convenience. The adjoining residence (approx. 1,080 sqft) offers a private entrance while maintaining interior connectivity, along with an updated kitchen, newer appliances, fresh paint, two spacious bedrooms, a full bathroom provides additional, private patio, and outdoor shower. Recent improvements include completely new roof(2026), exterior paint, refreshed outdoor living spaces, updated landscaping, renovated kitchens, and newer appliances. The unique connected-yet-separate design creates possibilities for multigenerational living, guest accommodations, personal use, or potential rental income. A rare North End offering moments from the sand, combining coastal charm, versatility, and lifestyle in one of Virginia Beaches most desirable neighborhoods

207 89th Street, Northeast Virginia Beach

$350,000

10643837 MLS

Over/Under Duplex. With Recent Updates, Both Units Have 2 Bedrooms And 1 Bathroom, Central Air & Heating, And Tenants Pay Their Own Utilities. Inquire About This Property Today, But Please Do Not Disturb The Tenants. Sale Includes Adjacent Vacant Lot. Buyer To Perform Own Due Diligence.

415 Middlesex Street, East Norfolk

$330,000

10643824 MLS

Come See This Side-By-Side Duplex In A Central Location Near Olde Towne, Naval Hospital, Shipyard, Port, And Interstates. With Recent Updates, Both Units Have 3 Bedrooms And 1 Bathroom, Central Air & Heating, And Tenants Pay Their Own Utilities. Inquire About This Property Today, But Please Do Not Disturb The Tenants.

827 Mt Vernon Avenue, Central Portsmouth

$700,000

10643752 MLS

Exceptional investment opportunity in Norfolk’s Cottage Line neighborhood of Ocean View, just across the street from the Chesapeake Bay. This all-brick, 3,175-square-foot building offers five apartments: four 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, plus a detached income-producing garage and off-street parking. Current gross rental income is $6,475/month ($77,700/year), with potential for additional growth as units turn over. Unit E was recently renovated with an updated kitchen and bath, luxury vinyl plank flooring and fresh paint, providing a proven model for future improvements. Each apartment is separately metered for electricity, paid by the tenants. Owner pays gas, water, sewer and trash, averaging approximately $500–$700/month. Unit C has washer/dryer hookups. High-elevation lot with no flood insurance required. All apartments and the garage are currently occupied. Commercial financing is typically required for properties with five or more units.

1957 E Ocean View Avenue, North Norfolk

$184,900

10643796 MLS

This single story side-by-side duplex offers a solid investment opportunity with multiple income-producing units. The property contains 4 bedrooms and 2 bathrooms across its layout, providing flexibility for various tenant configurations and leasing strategies. The multi-unit structure allows investors to generate revenue from separate income streams while maintaining a single property management footprint. Each unit operates independently, creating appeal to tenants seeking their own entrance and private space. The configuration supports both long-term residential leasing and owner-occupant scenarios where one unit can offset carrying costs through income from the others. Contact us to schedule a showing.

163 Choate Street, Central Portsmouth

$1,850,000

10643308 MLS

Rare opportunity to own Chesapeake Bayfront living with built-in income potential. Offered together for $1,850,000, this package includes 840 & 842 W Ocean View Ave, combining a Bayfront duplex and adjoining fourplex for a total of six units. Enjoy wide Chesapeake Bay views, direct beach access, boating, fishing, kayaking, beach walks, and beautiful sunsets just outside your door. An exceptional opportunity to enjoy a waterfront residence while generating rental income from the remaining units, or acquire the entire property as a distinctive income-producing investment. The waterfront duplex also offers potential for future conversion into a single residence, subject to applicable approvals. Convenient Norfolk location near military installations, interstates, marinas, dining, shopping, and area beaches. Seller can provide a termite and moisture letter. Properties must be sold together. Qualified buyers only; shown by appointment.

842 West Ocean View (A-B) Avenue, North Norfolk

$1,850,000

10643299 MLS

Rare opportunity to own Chesapeake Bayfront living with built-in income potential. Offered together for $1,850,000, this package includes 840 & 842 W Ocean View Ave, combining a Bayfront duplex and adjoining fourplex for a total of six units. Enjoy wide Chesapeake Bay views, direct beach access, boating, fishing, kayaking, beach walks, and beautiful sunsets just outside your door. An exceptional opportunity to enjoy a waterfront residence while generating rental income from the remaining units, or acquire the entire property as a distinctive income-producing investment. The waterfront duplex also offers potential for future conversion into a single residence, subject to applicable approvals. Convenient Norfolk location near military installations, interstates, marinas, dining, shopping, and area beaches. Seller can provide a termite and moisture letter. Properties must be sold together. Qualified buyers only; shown by appointment.

840 W Ocean View Avenue, North Norfolk

$1,650,000

10643222 MLS

Back on market at no fault to seller - call for more info. Incredible investment opportunity right in the heart of Ghent! Gorgeous, historic building in an absolutely prime location within one mile of: CHKD, EVMS, Sentara Norfolk General Hospital, the Chrysler Museum, the Harrison Opera House, the Norfolk Scope Arena, and so much more! Current rents totaling $11,120 with room to increase.

324 Colonial Avenue, West Norfolk

$314,900

10642676 MLS

Turnkey duplex offering immediate rental income and flexibility for both investors and owner-occupants! The downstairs unit is currently rented for $1,600/month to a tenant who would like to remain, while the upstairs unit is being left vacant to give the next owner the option to move in or place their own tenant. Previously fully rented, the vacant unit offers strong rental potential for an investor looking to maximize income. Offering a total of 6 bedrooms and 3 full baths, the first-floor unit features 3 bedrooms and 2 baths, while the second-floor unit includes 2 bedrooms, a bonus room, and 1 full bath. Updates completed between 2023–2025 include newer flooring, carpet, paint, kitchens, baths, lighting, ductwork, crawlspace barrier, and plumbing drain lines. Additional features include separate water, gas, and electric meters, spacious porches, a 4-car driveway, and additional street parking. Live in one unit while collecting $1,600/month in rental income from the other, or lease both units and add an income-producing property to your investment portfolio. The vacant upstairs unit is easy to show and available for tours anytime. The occupied downstairs unit requires 48-hour notice.

1802 Atlanta Avenue, Central Portsmouth

$324,900

10643104 MLS

Recently updated duplex available for investors or owner occupants that want to live in one side and rent out the other! Comparable area rentals getting $1100-$1300 per month. Ready for move in and you can set the rental price to maximize cash flow. Schedule your private viewing today!

607 E Pembroke Avenue, Hampton West

$750,000

10642554 MLS

Located in the rapidly growing and improving Park Place neighborhood of Norfolk, this quadruplex at 410 W 28th St offers a prime investment opportunity. Each unit is approximately 925 sq ft and individually metered. And recently updated. Near to Norfolk's shipyards, downtown Norfolk, and in Maury High, Blair Middle, and St. Helena Elementary School District, this property is positioned for strong rental demand. Take advantage of the upward-trending Norfolk community and seize the opportunity to grow your rental income portfolio.

410 W 28th Street, West Norfolk

$1,500,000

10642053 MLS

Come and see this first! These gorgeous mostly renovated units have tons of natural light throughout and a large living room. The kitchens have newer cabinetry and stainless steel appliances. These super clean / move in ready units boast fresh paint, LVP flooring, carpet, new bathrooms, and washer / dryer hookups provided. Check this 12 plex out before it's gone! 12 Units for sale, 7/12 units currently occupied, 4 are being renovated, 1 will be left needing a full turn. There is still plenty of meat on the bone here, the current plan would leave one unit needing a full rehab.

1007 Green Street, Central Portsmouth

$349,900

10641931 MLS

Duplex Located in the Heart of Historic Portsmouth, Virginia. Fully Rehabbed Within the Past 5 Years, This Property Features a New Roof, New Windows, New HVAC Systems, Updated Flooring, and Modern Finishes Throughout. Downstairs Unit Offers 3 Spacious Bedrooms, 1.5-Bath The Upstairs Unit Also Features 3 Large Bedrooms with 1 Full Bath, Also Fully Remodeled, with Hardwood Floors and Stainless Steel Appliances. Both Units Include Washer/Dryer Hookups. Situated Near Schools, Shopping, Restaurants, and Easy Interstate Access. Both Units are vacant. Upstairs Was Previously Renting for 1739; while The Downstairs Unit was Previously Renting for $1888 . Total Rental Income Potential is $3500 Per Month. *Property Also Includes 908 Holladay St (the lot beside this one).**Some Photos are not current and are from the renovation in 2022. *

922 Holladay Street, Central Portsmouth

$650,000

10641772 MLS

Exceptional income producing property just one block from the beach! This 4-unit apartment building features four 1BR/1BA units, all currently rented with tenants who wish to renew, providing immediate income. Appointment needed for showings. Recent updates include new mini-split HVAC systems in all units (2023), fresh interior paint (2024), new roof (2020), new PVC plumbing, new fencing, and Ring cameras that convey. Units are separately metered for gas and electric with one shared water meter. Units 1, 3, and 4 share a common washer/dryer, while Unit 2 has its own private washer/dryer plus a renovated kitchen with quartz countertops, new cabinets, and appliances (2023). Unit 3 features updated cabinets, countertops, appliances, and LVP flooring. Unit 4 includes a new tiled shower (2024). Bonus common laundry/storage room. Walk to the beach, restaurants, shopping, and public transit.

143 W Balview Avenue, North Norfolk

$425,000

10640946 MLS

Renovated over/under duplex in the heart of Portsmouth! Located with easy access to highways, bases, shopping, and restaurants. Tenants in both units, photos from when it was vacant. Unit 1 has LVP flooring throughout the main living areas. This unit has 3 bedrooms and 1.5 bathrooms, kitchen, dining area, living room, and extra space for storage. The kitchen has beautiful quartz counters and stainless appliances. Unit 2 has LVP flooring throughout the main living areas. This unit has 3 bedrooms, 2 bathrooms, kitchen, dining area, and living room. The primary bedroom has an attached bathroom. The kitchen has beautiful quartz counters, stainless appliances, and a pantry. All appliances convey. Come see it today!

273 Elm Avenue, Central Portsmouth

$850,000

10640877 MLS

Wonderful North End property with so much potential. Upstairs rent is $1500/monthly. Located on the Atlantic Ave service road, short distance to Edgar Cayce, oceanfront, Fort Story, restaurants, tourist attractions. Off street parking with driveway. Large storage room on the back has possibilities for expansion into first floor living space. Washer/dryer on second floor belongs to tenant. Survey in listing pictures. Seller will make no repairs.

6604 Atlantic Avenue, Northeast Virginia Beach

$320,000

10640811 MLS

Add this to your portfolio! Must have appointment. Both units occupied. Located just a short distance to the water. Culpeppers Boat rentals very close to enjoy a quick fishing trip or grab some steamed crabs!

121 Broad Street, Central Portsmouth

$419,900

10640266 MLS

Two-story corner-lot property in Phoebus with partial water views of Mill Creek and the Bay from the upper porch and deck! This versatile property is currently configured as a duplex featuring two separate units, each with 3 bedrooms and 1 full bath. The floor plan can also easily convert back into a large 6-bedroom, 2-bathroom single-family home. Interior features include classic hardwood floors, high ceilings, built-in bookshelves, and ceramic-tiled bathrooms. Outside, the property offers double covered porches and a detached garage. It is conveniently located near downtown Phoebus, Fort Monroe, and Buckroe Beach. The property is sold as-is and offers an excellent opportunity to add equity with minor cosmetic updates, including a fresh coat of paint and a ceiling drywall patch from a previously resolved upper-unit leak. Buyers may also have the opportunity to assume an existing VA loan at a 2.9% interest rate, subject to lender approval and qualification criteria. Whether you are looking for a flexible income-producing asset or a spacious primary residence, this property offers exceptional potential.

226 S Willard Avenue, Hampton East

$499,900

10640205 MLS

Remarkable multifamily opportunity at 1607 E Ocean View Ave, located on a high lot directly across from the Chesapeake Bay with water views from the upstairs apartment. Ideal for owner-occupants or investors, this versatile duplex offers strong income potential in a highly desirable coastal location. The first-floor unit features a spacious 4-bedroom, 2-bath layout with large, airy rooms and high ceilings throughout. The kitchen offers abundant cabinetry, a pantry, and excellent workspace for everyday living. Generously sized bedrooms and well-proportioned living and dining areas provide comfortable functionality. The unit also includes its own washer/dryer hookups for added convenience. The upper level is a separate 1-bedroom apartment with water views, remodeled in 2016, offering a private and well-maintained multifunctional space. Each unit is separately equipped, making this property ideal for dual occupancy or rental income strategies. Extensive updates provide peace of mind, including a new sewer line from house to street (2019), complete electrical rewiring, sealed crawl space, new garbage disposal, Google smart thermostat, new flooring, and updated appliances in Unit 1. Bathrooms feature new toilets, lighting, mirrors, and faucets. A newly installed ADT security system with cameras and door/window sensors enhances security. Exterior highlights include a private backyard and ample off-street parking. The location offers exceptional convenience—just steps from the Chesapeake Bay, beaches, and coastal recreation, and a short drive to Naval Station Norfolk. Rare opportunity to own a duplex just steps from the bay with income-producing potential and numerous upgrades throughout!

1607 E Ocean View Avenue, North Norfolk

$329,999

10639458 MLS

Investor and owner-occupant opportunity in a designated Portsmouth Opportunity Zone. This 2-story duplex unlocks flexible income potential: run it as a traditional two-unit rental, or convert to the co-living model it was originally designed for, with up to 3 rentable rooms (2 up + 1 down). At approximately $800 per room market rent, the by-the-room scenario projects roughly $2,400 per month in gross potential income, giving an investor two paths to a strong cash-on-cash return. Three bedrooms and 2.5 baths across two stacked units. 2025 upgrades include luxury vinyl plank flooring and ductless mini-split systems, plus forced-air heat and central air. Eat-in kitchen, fireplace, covered patio, wood deck, fenced backyard, and a detached storage outbuilding. Low-maintenance vinyl and brick exterior. Public transportation is on the corner; the surrounding area is improving. All appliances convey.

1909 High Street, Central Portsmouth

$625,000

10638682 MLS

Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Portsmouth's highly sought-after Olde Towne Historic District. The property consists of two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base. Positioned in one of Hampton Roads' most desirable neighborhoods, the property is just blocks from the Elizabeth River waterfront, Portsmouth-Norfolk Ferry, restaurants, coffee shops, museums, parks, and entertainment venues. Surrounded by major employment centers including Naval Medical Center Portsmouth, Norfolk Naval Shipyard, and Rivers Casino Portsmouth, the asset benefits from strong and consistent rental demand. Select units convey furnished, creating additional upside through furnished, mid-term, or executive rental strategies. Combining stable cash flow, a proven rental history, limited local multifamily inventory, and long-term appreciation potential, this turnkey asset presents an exceptional opportunity for investors seeking both current income and future growth in a supply-constrained waterfront market.?

367 Middle Street, Central Portsmouth

$287,000

10637805 MLS

Investor opportunity in Newport News! Well-maintained duplex featuring two 2-bedroom, 1-bath units, each with separate utility meters and washer/dryer hookups for added tenant convenience and simplified property management.The property has been updated with major improvements, including a newer roof (2019), updated HVAC systems (2019 & 2026), renovated kitchens with granite countertops and stainless steel appliances (2019), and newer carpet (2026). These upgrades offer strong tenant appeal and help minimize immediate capital expenses for the next owner.Conveniently located near Newport News Shipbuilding, major employers, shopping, dining, and interstate access. Whether expanding an existing portfolio or entering the multi-family market, this duplex presents an excellent investment opportunity with modern updates already in place. Both units are currently occupied.

732 30th Street, Newport News South

$750,000

10637678 MLS

Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 511 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.

540 Ashlawn Drive, North Norfolk

$750,000

10637677 MLS

Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 540 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.

511 Ashlawn Drive, North Norfolk

$1,895,000

10636540 MLS

Historic multifamily investment opportunity in the West Ghent neighborhood of Norfolk. Hampton Apartments consists of 16 units in a classic brick garden-style apartment building built in 1923. This 4-story property offers strong rental potential near Downtown Norfolk, EVMS, ODU, Sentara, shopping, dining, entertainment, and major employment centers. Property features off-street parking, separately metered utilities, and a mix of spacious apartment layouts. Convenient access to interstates, military installations, and public transportation further enhances tenant appeal. Excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Norfolk’s established urban neighborhoods. Portfolio sale opportunity available; call listing agent for details.

1006 Brandon Avenue, West Norfolk

$1,950,000

10636533 MLS

Located in the Ghent neighborhood of Norfolk, Newton Hall presents an opportunity to acquire a 12 unit apartment asset in one of Hampton Roads’ established urban districts. Built in 1925, this brick garden-style apartment community combines historic character with strong investment fundamentals and long-term upside potential. The property consists of 12 residential units across three stories and includes two-bedroom apartments. Conveniently located near Downtown Norfolk, EVMS, Sentara, ODU, military installations, shopping, dining, and entertainment, the property benefits from proximity to major employment, educational, and lifestyle amenities. Investors will appreciate the stability of the asset, potential rental growth opportunities, and the opportunity to own a multifamily property in one of Norfolk’s established neighborhoods. This offering may also be part of a larger portfolio opportunity. Contact listing agent for additional details.

1414 Hampton Boulevard, West Norfolk

$1,100,000

10636032 MLS

The Marl Inn Bed & Breakfast is a rare turnkey boutique inn in the heart of historic Yorktown, set on .5 AC double lot just steps from Yorktown Beach, Riverwalk, Colonial National Historical Park Visitor Center, and the American Revolution Museum. 1 of only 3 lodging properties within Yorktown’s historic core, this owner-operated inn offers a unique hospitality investment in a high-demand destination. 5 guest suites each feature ensuite baths and individual HVAC; 3 include full kitchens, and four have private exterior entrances, creating sought-after apartment-style accommodations with exceptional guest privacy. A spacious owner’s quarters allows comfortable on-site living without impacting income potential. Built in 1978, the Colonial-style property offers modern windows, central air/mini-splits, and public water/sewer for efficient operation. Positioned in the center of upcoming VA250 celebrations through 2031, Yorktown is poised for increased tourism, visibility and growth.

220 Church Street, York County North

$899,000

10634730 MLS

Rare turnkey duplex investment opportunity in the heart of historic Cape Charles. Fully renovated in 2020, this coastal property features two identical units, each offering 3 bedrooms, 2 full baths, spacious living areas, full kitchens with stainless appliances, dining areas, hardwood flooring, wall-to-wall carpet, attic storage, and in-unit washers & dryers. Both units include central HVAC with heat pumps, double-pane windows, electric water heaters, patios, and off-street parking with a stone driveway. All furniture, appliances, and decor purchased in 2021 convey, making this a true move-in ready or short-term rental opportunity. Property has 4 years of established vacation rental history with strong income potential. Located just minutes from public beach access, local shops, restaurants, and entertainment in one of Virginia’s most popular coastal towns. 1 unit is occupied with a year lease ending in 2027 and the other unit has several short term rentals through August 2026

521 Monroe Avenue, Northampton

$1,600,000

10634189 MLS

Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink. Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.

765 48th Street, West Norfolk

$525,000

10633770 MLS

Impressive 1880 Victorian duplex in Olde Towne - a charming mix of original exterior and interior features and modern conveniences. Enjoy single story living downstairs. Lovely floorplan, large rooms, hardwood floors, tall windows, working fireplaces, and 12ft ceilings. Primary suite features an arched turret sitting area, fireplace, large open concept bathroom, walk in closet/dressing room/laundry area. Elegant living room has original moldings and fireplace. Real cook's kitchen has sitting and dining areas which open onto a deck overlooking the large rear garden with brick patio, large side deck + storage shed. Upstairs, 1450 sf of living space, features an arched turret sitting area, two decorative fireplaces, a covered porch to sit and enjoy Elizabeth River views, a large bonus room with washer/dryer. Short distance to the ferry, Portsmouth Naval Hospital &the Naval Shipyard. Suitable for live-in owner, multi-generational living or investment property.

318 Court Street, Central Portsmouth

$240,000

10632720 MLS

Investor opportunity in the heart of Newport News! This well-maintained duplex at 716 31st St is the perfect addition to your rental portfolio, with leases already secured through 2027?providing immediate and stable cash flow. Each unit features durable LVP flooring, updated windows, and modern HVAC systems, offering low-maintenance ownership and tenant comfort. Utilities are separately metered, maximizing efficiency and simplifying management. Whether you?re a seasoned investor looking to expand or just starting to build your portfolio, this property checks all the boxes. Conveniently located near major employers, shipyard, and interstate access, making it an attractive option for long-term tenants. Don?t miss this turnkey income-producing property!

716 31st Street, Newport News South

$570,000

10631748 MLS

Great opportunity to own a fourplex with strong income potential. Each unit is separately metered, with tenants paying all utilities. The property offers flexibility to live in one unit while renting the others, or lease all four units for maximum cash flow with projected rents around $5,000 per month.Conveniently located near schools, restaurants, and everyday amenities, this property is well positioned for steady rental demand. One unit is currently vacant and available for viewing. Additional units can be shown after ratified contract.Ideal for investors or owner-occupants looking to build long-term wealth and generate consistent income.

730 Roswell Avenue, East Norfolk

$425,000

10630197 MLS

Unique investment and business opportunity set on 3 private acres with multiple income streams already in place. This versatile property features a duplex with two rental units—a 2-bedroom unit on the first floor and a studio apartment on the second—both recently remodeled inside, offering turnkey residential income or owner-occupancy with supplemental rent.The property also includes a separate shop building with its own address, septic system, and established rental income. The shop offers flexibility for a wide range of business uses, making it an excellent option for entrepreneurs, contractors, or investors seeking commercial potential alongside residential income.A shared well services both the duplex& shop. Additional features include a detached garage building, providing ample storage or workspace.With three total rental opportunities and mixed-use flexibility, this property is well-suited for investors looking to expand their portfolio or buyers seeking a live/work setup.

12910 John Clayton Memorial Highway, Mathews

$230,000

10629896 MLS

Duplex offering 2 bedrooms and 1 full bath per unit. Property includes a detached garage, carport, and partially finished attic, providing additional potential for storage or future use. Currently tenant-occupied. Drive-by showings only—please respect tenant privacy. Interior access will be granted upon ratification of a contract. Property is being sold strictly as-is, where-is. Seller will make no repairs. Property may not qualify for traditional financing; cash or rehab loan options are preferred.

2615 Ballentine Boulevard, East Norfolk

$680,000

10628843 MLS

Fantastic investment opportunity! This well-maintained six; 2 bedrooms, 1 bath-units, property offers steady income potential in a prime location. Each unit features spacious layouts and boasts ample parking. Ideal for seasoned investors or those just starting their real estate portfolio. Conveniently located near schools, shopping, and public transportation. Don't miss this chance to own a turnkey multi-family property that generates immediate cash flow!

712 Roswell Avenue, East Norfolk

$209,000

10628649 MLS

Turnkey investment opportunity with immediate income potential. This under-over Cape Cod is tenant occupied and offers built-in cash flow from day one. The first-floor unit features 2 bedrooms, 1 bath, and approx. 1,000 sqft. while the upstairs unit offers 1 Bedroom and 1 Bath, creating a strong rental setup for investors looking to expand their portfolio. With existing tenants in place, this property offers the advantage of steady income and reduced vacancy concerns. Whether you are a seasoned investor or looking to start building wealth through real estate, this property checks the boxes for value, functionality, and income production. Don’t miss your chance to add a solid income-producing property to your portfolio. Schedule your showing today and explore the potential this investment has to offer.

319 Ashlawn Drive, North Norfolk

$254,000

10627739 MLS

Solid income-producing duplex offering immediate cash flow with total rents of $2,725/month at a $260,000 asking price. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that appeal to long-term tenants. Recent updates include refreshed finishes in one unit with new countertops and appliances, along with major system improvements that reduce future capital expenses—full plumbing updates, including a main sewer line replacement in 2024, new water heaters in both units, and completed foundation work in 2025/2026. Situated on a spacious corner lot in a central location with strong rental demand, this property presents a wonderful addition to any portfolio with upside potential over time.

2326 Elm Avenue, Central Portsmouth

$425,000

10627210 MLS

Rare opportunity to live in one and already have a GREAT tenants on the other side paying a great portion of your mortgage. This is a great addition to you Real Estate portfolio or a good way to start a new one. The vacant unit is the 3 bedrooms, 2 full bathrooms. Both units completely remodeled within the last 6 months. A lot of new construction happening around the area, 4 blocks from the bay. Don't let this one slip by.

416 Maryland Avenue, Central Portsmouth

$1,390,000

10625144 MLS

*Back on the market at no fault of the property!* Prime income-producing asset in Ocean View! Seize the chance to invest in a stunning, all-brick, fully renovated eight-unit apartment building just steps from the iconic Ocean View Pier, the beach, and minutes from the base. Every unit has been meticulously remodeled—fully furnished, custom cabinets, granite countertops, new appliances, all new windows. All eight-units are occupied, two units are thriving as mid-term rentals, often enjoyed by traveling nurses and contract professionals. The building also features on-site laundry and assigned parking. With immediate cash flow, a prime location near highways, parks, basketball courts, and bike paths, this is a hands-off, top-tier investment. Everything is done—no work needed. Please note, out of respect for the tenants, do not disturb, contact, or approach them directly. Act now—this rare coastal market gem won’t last!

350 Staten Street, North Norfolk

$259,900

10623561 MLS

SEIZE THE OPPORTUNITY. THE 2027 ASSESSMENT HAS INCREASED BY OVER $35,000 OVER THE CURRENT YEAR 2026 ASSESSMENT. WHAT AN INVESTMENT! DON'T MISS THE OPPORTUNITY TO LIVE AND/OR INVEST IN THE HISTORICAL AREA OF DOWNTOWN. INCOME PRODUCING IN HAMPTON. THIS MASSIVE DUPLEX HAS OVER 2440 SQUARE FEET AND 2 CAR OFF STREET PARKING. THIS CORNER LOT HOME WITH MINIMUM LOVE AND CARE COULD BE INCOME PRODUCING AND A HUMBLE ABODE. WITH ONE MORTGAGE PAYMENT. OWNER PARTICIPATION IS LIMITED.

301 Washington Street, Hampton West

$795,000

10610809 MLS

Well-maintained brick apartment asset with six - two bedroom, one bath units, in a convenient Norfolk location close to shipyards, interstates, and major employment centers. Current monthly rents total $6,382, providing immediate income from day one with potential upside through strategic rent increases and value-add improvements. Two-story building with off-street parking and simple, functional layouts that stay in demand with residents. Ideal for investors looking to scale their portfolio with a stable, easy-to-rent property in an established rental corridor. Please do not disturb tenants under any circumstances.

1419 Goff Street, East Norfolk

$970,000

10610601 MLS

Fully remodeled six-unit building just two blocks from the beach, offering a rare, low-maintenance coastal investment. All units have been updated, making this a true plug-and-play addition to your portfolio with current monthly rents totaling $8,240 and room to adjust over time with the market. Each unit is on separate utility meters, simplifying management and boosting net income by shifting utility costs to residents. Located in a highly desirable, beachside neighborhood with strong rental demand, this property is ideal for investors seeking stable cash flow, modern finishes, and a prime Norfolk location near sand, surf, and local amenities.

1005 Hillside Avenue, North Norfolk

$2,550,000

10610417 MLS

2500 Leo Street is a rare opportunity to acquire a 24-unit multifamily asset in Norfolk with true value-add upside and plenty of “meat on the bone.” The property consists of twenty-four (24) two-bedroom, one-bath apartments, an attractive and highly rentable unit mix for the local tenant base. Current operations leave room for a new owner to reposition the asset through targeted renovations, improved management, and strategic rent increases to better align with market rates. Investors will appreciate the straightforward layout, consistent floorplans, and the ability to add value through interior upgrades, utility optimization, and enhanced resident amenities. With scale in a single location and strong demand for well-located two-bedroom rentals in Norfolk, 2500 Leo Street is ideal for both regional and out-of-area investors seeking stable cash flow today with meaningful upside over time. This is a solid value-add multifamily play ready for its next owner to take it to the next level

2500 Leo Street, West Norfolk

$275,000

10607416 MLS

Don't miss out on this 3 bedroom 2 bath duplex unit located conveniently near the shipyards, military bases, interstate access, and several shopping centers! Interior includes beautiful flooring, plentiful windows to let in lots of natural lighting, and washer/dryer hookups. Spacious yard is great for entertaining friends and family! Monthly Water Utility fee of $150.00 on each unit. Property is occupied, need additional notice to show property. Contact Listing agent for details.

370 Carver Circle, Central Portsmouth

$435,000

10603701 MLS

Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $4,250 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!

1300 Bainbridge Boulevard, Central Chesapeake

$1,500,000

10596064 MLS

Fully leased-This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. 1031 Exchange Key Highlights & Upgrades: 10 units featuring brand new kitchens and bathrooms All 12 units are equipped with brand new HVAC systems (2025) 8 units with new water heaters 10 units with new carpet for a modern, refreshed feel Freshly painted and enhanced stairs and walkways (2024) Major building systems updated, including main pipeline replacement (2022) Parking lot resurfaced and fencing installed (2022), improving overall safety and aesthetics On-site security system for added peace of mind

600 74th Street Unit 12, Newport News South

$9,950,000

10528979 MLS

An incredible investment opportunity only a few blocks to the beach & boardwalk & located right next to one of the largest & most highly anticipated developments at the VA Beach oceanfront, Atlantic Park. Atlantic Park will feature the 1st Wavegarden Cove wave pool in the US along with a large entertainment venue, retail shops & residential apartments. This portfolio consists of 12 fee-simple townhomes located within a POA. These units are all 3/4 bedroom 3 bath with most having 2 car garages. Total of 36 BR's, 36 BA's. The property is located within the VB overlay district for short term rentals & should qualify if the buyer goes through the proper steps & process with the City of VB. Buyer shall conduct their own research & complete any & all due diligence at their sole expense.

2007 Baltic Avenue, Northeast Virginia Beach

Edgehill, Yorktown, VA Multi-Family Properties for Sale

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