Apartment Building

Suffolk, VA Apartment Buildings for Sale

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Corapeake, NC Windsor, VA Gates, NC Chesapeake, VA Sylva, NC Carrsville, VA Portsmouth, VA Sunbury, NC
Two-Story Mixed-Use Retail Income
Updated: Jul 11
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
Unit mix: three 1BD/1BA, three 2BD/1BA, one 2BD/3BA, plus one retail space
Buildings built in 1920 and renovated in 2005
+/- 0.24 acres total lot size
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Mixed-Use Property with Retail Space
Updated: Jul 9
Mixed-Use Property with Retail Space

200-208 E Washington Street, Suffolk, VA 23434

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18,000 sqft 0.24 AC lot
18,000‑square‑foot mixed‑use property
Residential units plus one retail space
Renovated in 2005
Originally built in 1920
Situated on +/- 0.24 acres
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Suffolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

The Mercer 8-Unit Apartment Building
The Mercer 8-Unit Apartment Building

740 W Princess Anne Rd, Norfolk, VA 23517

Contact for pricing
16,344 sqft

Historic multifamily property near Downtown Norfolk and several major medical institutions.

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Five-Unit Multifamily Investment
Five-Unit Multifamily Investment

367 Middle St, Portsmouth, VA 23704

$625,000

Well-maintained 5-unit multifamily property with a mix of 2-bedroom and 1-bedroom, 1-bath units.

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12-Unit Brick Apartment Building
12-Unit Brick Apartment Building

1414 Hampton Blvd, Norfolk, VA 23507

$1,950,000

Three-story garden-style property with two-bedroom residences in Norfolk’s Ghent neighborhood.

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8-Unit Apartment Building
8-Unit Apartment Building

740-742 West Princess Anne Road, Norfolk, VA 23517

$2,400,000

Historic multifamily property near Downtown Norfolk, major medical institutions, and the Ghent submarket.

View details

Suffolk, VA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Suffolk, VA on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $1,290,000.

Sale prices for two-family homes in Suffolk, VA average $1,290,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 96K
Population Growth (5Y) +5.2%
Median Household Income $90,027
College Educated 44.4%

High-Yield Neighborhoods for Investment

Identify Suffolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23434 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $27.23 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Suffolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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