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Newport News, VA Apartment Buildings for Sale

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Multifamily Apartment Building
Updated: Jul 12
Multifamily Apartment Building

Newport News, VA 23606

Contact for pricing
Multifamily apartment building for sale at 12750 Nettles Drive, Newport News, VA
Built in 1993
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River Park Tower Multifamily Opportunity
Updated: Jan 27
River Park Tower Multifamily Opportunity

2601 West Ave, Newport News, VA 23607

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Landmark 184‑unit high‑rise with sweeping, unobstructed views of the James River.
Rare value‑add opportunity.
Walking proximity to Newport News Shipbuilding, Virginia’s largest private employer.
Newport News Shipbuilding is a division of Huntington Ingalls Industries, the largest military shipbuilding company in the United States.
Built in 1987.
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Car Lot with Studio Rental Units
Car Lot with Studio Rental Units

5936 Jefferson Ave, Newport News, VA 23605

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Established car lot plus vacant lot over an acre, with eight fully rented studio units included.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Newport News, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Mixed-Use Retail Income
Two-Story Mixed-Use Retail Income

200 E Washington St, Suffolk, VA 23434

$1,290,000
0.24 AC lot

Mixed-use property with retail space and 11 residential units across two two-story buildings.

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Norfolk Multifamily Investment Opportunity
Norfolk Multifamily Investment Opportunity

9631 Salem St, Norfolk, VA 23503

$2,610,000
2.83 AC lot

Eighteen-unit multifamily property in Norfolk, Virginia, on 2.83 acres.

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Norfolk Multifamily Investment Opportunity
Norfolk Multifamily Investment Opportunity

1208 W Ocean View Ave, Norfolk, VA 23503

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4,347 sqft 0.46 AC lot

Thirteen-unit multifamily property in Norfolk, Virginia.

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Apartment Community in Growing City
Apartment Community in Growing City

1000 Meridian Obici Way, Suffolk, VA 23434

Contact for pricing

Class A apartment community in Virginia's rapidly growing Suffolk.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Newport News, VA

Consider similar Off-Market properties in Newport News, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

201 Kingstowne Rd
APARTMENT HOUSE (5+ UNITS)

201 Kingstowne Rd, Newport News, VA 23606

Value Estimation by Request
4,230 sqft 18.66 AC lot
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501 Waters Edge Dr
APARTMENT HOUSE (5+ UNITS)

501 Waters Edge Dr, Newport News, VA 23606-0030

Value Estimation by Request
5,623 sqft 25.00 AC lot
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13304 De Wald Cir
APARTMENT HOUSE (5+ UNITS)

13304 De Wald Cir, Newport News, VA 23602-5709

Value Estimation by Request
2,780 sqft 16.48 AC lot
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1100 William Styron S Sq
APARTMENT HOUSE (5+ UNITS)

1100 William Styron S Sq, Newport News, VA 23606-2877

$1,795,000
Estimated value
4,475 sqft 1.56 AC lot
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96 31st St
APARTMENT HOUSE (5+ UNITS)

96 31st St, Newport News, VA 23607-3344

Value Estimation by Request
100 sqft 0.17 AC lot
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82 30th St
APARTMENT HOUSE (5+ UNITS)

82 30th St, Newport News, VA 23607-3818

Value Estimation by Request
600 sqft 0.17 AC lot
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85 29th St
APARTMENT HOUSE (5+ UNITS)

85 29th St, Newport News, VA 23607-3820

Value Estimation by Request
450 sqft 1.39 AC lot
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614 Peninsula Dr
APARTMENT HOUSE (5+ UNITS)

614 Peninsula Dr, Newport News, VA 23605-2928

Value Estimation by Request
100 sqft 35.50 AC lot
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900 Old Ml Ct
APARTMENT HOUSE (5+ UNITS)

900 Old Ml Ct, Newport News, VA 23602

Value Estimation by Request
100 sqft 6.10 AC lot
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307 Saint Thomas Dr
APARTMENT HOUSE (5+ UNITS)

307 Saint Thomas Dr, Newport News, VA 23606-4365

$38,250,000
Estimated value
4,432 sqft 20.73 AC lot
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100 Riv Trce Way
APARTMENT HOUSE (5+ UNITS)

100 Riv Trce Way, Newport News, VA 23602-5564

Value Estimation by Request
2,414 sqft 3.20 AC lot
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520 Logan Pl
APARTMENT HOUSE (5+ UNITS)

520 Logan Pl, Newport News, VA 23601-3338

Value Estimation by Request
100 sqft 0.34 AC lot
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410 Logan Pl
APARTMENT HOUSE (5+ UNITS)

410 Logan Pl, Newport News, VA 23601-3340

Value Estimation by Request
100 sqft 1.29 AC lot
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559 Logan Pl
APARTMENT HOUSE (5+ UNITS)

559 Logan Pl, Newport News, VA 23601-3324

Value Estimation by Request
100 sqft 4.50 AC lot
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500 Logan Pl
APARTMENT HOUSE (5+ UNITS)

500 Logan Pl, Newport News, VA 23601-3360

Value Estimation by Request
100 sqft 2.21 AC lot
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831 Madeline Pl
APARTMENT HOUSE (5+ UNITS)

831 Madeline Pl, Newport News, VA 23606

$17,500,000
Estimated value
2,246 sqft 1.49 AC lot
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47 Traverse Rd
APARTMENT HOUSE (5+ UNITS)

47 Traverse Rd, Newport News, VA 23606-3532

Value Estimation by Request
100 sqft 11.10 AC lot
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946 Marcus Dr
APARTMENT HOUSE (5+ UNITS)

946 Marcus Dr, Newport News, VA 23602-7241

Value Estimation by Request
100 sqft 14.00 AC lot
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568 Logan Pl
APARTMENT HOUSE (5+ UNITS)

568 Logan Pl, Newport News, VA 23601-3327

Value Estimation by Request
100 sqft 6.80 AC lot
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409 Logan Pl
APARTMENT HOUSE (5+ UNITS)

409 Logan Pl, Newport News, VA 23601-3305

Value Estimation by Request
4,463 sqft 3.20 AC lot
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5201 Huntington Ave
APARTMENT HOUSE (5+ UNITS)

5201 Huntington Ave, Newport News, VA 23607-2069

Value Estimation by Request
100 sqft 0.23 AC lot
View details

Newport News, VA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Newport News, VA, showcased through 3 active listings on our real estate platform.

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Demographics Overview

Population 188K
Population Growth (5Y) -3.4%
Median Household Income $66,006
College Educated 28.1%

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $18.38 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Newport News city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Newport News fall within the 100,000+ square foot range.

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