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Suffolk, VA Apartment Buildings for Sale

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Corapeake, NC Gates, NC Windsor, VA Chesapeake, VA Carrsville, VA Portsmouth, VA Sunbury, NC Zuni, VA
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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Apartment Community in Growing City
Updated: Jan 27
Apartment Community in Growing City

1000 Meridian Obici Way, Suffolk, VA 23434

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Premier Class A apartment community
Located in Hampton Roads’ fastest growing city
Located in Virginia’s 5th fastest growing city
Built in 2016
Apartment Community
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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 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.

Five-Unit Multifamily Investment
Five-Unit Multifamily Investment

367 Middle Street, Portsmouth, VA 23704

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3,080 sqft

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

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Historic Multifamily with Balconies
Historic Multifamily with Balconies

1000 Westover Avenue, Norfolk, VA 23507

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18,060 sqft 0.32 AC lot

18-unit apartment building with renovated kitchens, refurbished hardwood floors, 9-foot ceilings, and on-site laundry facilities.

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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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78-Unit Multifamily Apartment Building
78-Unit Multifamily Apartment Building

1001 7th Street, Portsmouth, VA 23704

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Apartment multifamily property offering 78 units for sale.

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Suffolk, VA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Suffolk, VA on our real estate platform.

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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