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    Newport News, VA Apartment Buildings for Sale

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    Newport News Multifamily Investment Opportunity
    Updated: Mar 9
    Newport News Multifamily Investment Opportunity

    10710 Jefferson Ave, Newport News, VA 23601

    Contact for pricing
    11,050 sqft 0.32 AC lot
    Portfolio consists of seventeen units total.
    Mix of unit types: studio, one‑bedroom, and two‑bedroom units.
    Located at 10710 & 10714 Jefferson Avenue and 500 Powellville Lane, Newport News, VA 23061.
    Built in 1960.
    10710 Jefferson Avenue is situated on 0.32 acres.
    View details
    See hot listings in Newport News

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    1 active listing matches your search: Apartment Building for sale in Newport News, VA. Based on your search, we've also compiled 75 Potential Opportunities for your consideration: 4 properties in nearby cities and 71 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

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

    13-Unit Apartment Property
    13-Unit Apartment Property

    1221 Poquoson Ave, Poquoson, VA 23662

    $1,700,000
    5,290 sqft

    Multi-building residential asset with apartments, duplexes, and a detached cottage on a substantial parcel.

    View details
    13-Unit Apartment Property
    13-Unit Apartment Property

    1221 Poquoson Avenue, Poquoson, VA 23662

    $1,700,000
    5,290 sqft 2.08 AC lot

    R2-zoned residential property with multiple structures and paved parking.

    View details
    Renovated 8-Unit Apartment Building
    Renovated 8-Unit Apartment Building

    350 Staten Street, Norfolk, VA 23503

    $1,390,000
    3,700 sqft 0.16 AC lot

    All units are furnished and remodeled, with granite countertops, custom cabinetry, new appliances, and on-site laundry.

    View details
    Renovated Multifamily Building Near Ocean
    Renovated Multifamily Building Near Ocean

    350 Staten St, Norfolk, VA 23503

    $1,390,000
    3,700 sqft

    Fully renovated, eight-unit apartment building near Ocean View Pier.

    View details

    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

    Estimated value:
    $14,265,000
    4,230 sqft 18.66 AC lot
    View details
    501 Waters Edge Dr
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value: by Request
    5,623 sqft 25.00 AC lot
    View details
    13304 De Wald Cir
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value: by Request
    2,780 sqft 16.48 AC lot
    View details
    1100 William Styron S Sq
    APARTMENT HOUSE (5+ UNITS)

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

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

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

    Estimated value:
    $5,410,000
    100 sqft 0.17 AC lot
    View details
    82 30th St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $19,085,000
    600 sqft 0.17 AC lot
    View details
    85 29th St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $5,410,000
    450 sqft 1.39 AC lot
    View details
    614 Peninsula Dr
    APARTMENT HOUSE (5+ UNITS)

    614 Peninsula Dr, Newport News, VA 23605-2928

    Estimated value: by Request
    100 sqft 35.50 AC lot
    View details
    900 Old Ml Ct
    APARTMENT HOUSE (5+ UNITS)

    900 Old Ml Ct, Newport News, VA 23602

    Estimated value:
    $280,000
    100 sqft 6.10 AC lot
    View details
    307 Saint Thomas Dr
    APARTMENT HOUSE (5+ UNITS)

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

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

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

    Estimated value:
    $305,000
    2,414 sqft 3.20 AC lot
    View details
    520 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    520 Logan Pl, Newport News, VA 23601-3338

    Estimated value:
    $57,000,000
    100 sqft 0.34 AC lot
    View details
    410 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    410 Logan Pl, Newport News, VA 23601-3340

    Estimated value:
    $57,000,000
    100 sqft 1.29 AC lot
    View details
    559 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    559 Logan Pl, Newport News, VA 23601-3324

    Estimated value:
    $57,000,000
    100 sqft 4.50 AC lot
    View details
    500 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    500 Logan Pl, Newport News, VA 23601-3360

    Estimated value:
    $57,000,000
    100 sqft 2.21 AC lot
    View details
    831 Madeline Pl
    APARTMENT HOUSE (5+ UNITS)

    831 Madeline Pl, Newport News, VA 23606

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

    47 Traverse Rd, Newport News, VA 23606-3532

    Estimated value:
    $76,000,000
    100 sqft 11.10 AC lot
    View details
    946 Marcus Dr
    APARTMENT HOUSE (5+ UNITS)

    946 Marcus Dr, Newport News, VA 23602-7241

    Estimated value:
    $76,000,000
    100 sqft 14.00 AC lot
    View details
    568 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    568 Logan Pl, Newport News, VA 23601-3327

    Estimated value: by Request
    100 sqft 6.80 AC lot
    View details
    409 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    409 Logan Pl, Newport News, VA 23601-3305

    Estimated value: by Request
    4,463 sqft 3.20 AC lot
    View details
    5201 Huntington Ave
    APARTMENT HOUSE (5+ UNITS)

    5201 Huntington Ave, Newport News, VA 23607-2069

    Estimated value:
    $140,000
    100 sqft 0.23 AC lot
    View details
    587 Chinkapin Trl
    APARTMENT HOUSE (5+ UNITS)

    587 Chinkapin Trl, Newport News, VA 23608

    Estimated value:
    $33,650,000
    4,140 sqft 18.76 AC lot
    View details
    603 74th St
    APARTMENT HOUSE (5+ UNITS)

    603 74th St, Newport News, VA 23605-2756

    Estimated value:
    $265,000
    0.46 AC lot
    View details

    Newport News, VA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Newport News, VA on our real estate platform. These investment opportunities span a total of 11,050 square feet of properties for sale.

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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.

    How Realmo verifies these figures

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    Popular Searches in Newport News, VA

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    Most Searched ZIP Codes in Newport News, VA

    • 23601

    Featured Newport News Real Estate Agencies

    Realmo connects you with licensed Newport News CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Liz Moore & Associates
    11801 Canon Boulevard Newport News, VA 23606
    Phone: (757) 873-2707
    www.lizmoore.com
    Peninsula Realty Group, Inc./ RE/MAX Elevate
    744 Thimble Shoals Blvd Newport News, VA 23606
    Phone: (757) 873-3636
    www.remaxelevatesells.com
    garrett Realty Partners
    11864 Canon Blvd Ste 103 Newport News, VA 23606
    Phone: (757) 873-1002
    www.garrettrealtypartners.com
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