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$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
$350,000
10635843 MLS
These side-by-side duplexes in Bayview are only 5 blocks to the beach! Nice opportunity for Investors or a Buyer looking to live in one side and rent the other.

1147 Modoc Avenue, North 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

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.