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    Newport News, VA
    Duplex

    Newport News, VA Duplexes for Sale

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    Newport News Duplex Investment
    Updated: May 1
    Newport News Duplex Investment

    716 31st Street, Newport News, VA 23607

    $240,000
    1,680 sqft
    Duplex built in 1940
    Waterfront feature
    Each unit has LVP flooring, updated windows, and modern HVAC systems
    Utilities are separately metered for each unit
    Leases reported as secured through 2027
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    This listing looks promising.

    Here's a quick look at some key insights for

    716 31st Street, Newport News, VA 23607

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $277K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1940
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Newport News, 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.

    Renovated Duplex with Shared Backyard
    Renovated Duplex with Shared Backyard

    9220 Atwood Avenue, Norfolk, VA 23503

    $389,000
    1,600 sqft

    Over/under duplex features new flooring, cabinets, countertops, and appliances, with a large shared backyard.

    View details
    Bayfront Duplex with Direct Beach Access
    Bayfront Duplex with Direct Beach Access

    842 W Ocean View (A-B) Avenue, Norfolk, VA 23503

    $1,850,000
    3,332 sqft

    R-12 zoned bayfront duplex built in 1984 with a shingle roof and direct beach access.

    View details
    Two-Story Commercial Building with Apartments
    Two-Story Commercial Building with Apartments

    2538 W Pembroke Avenue, Hampton, VA 23661

    $575,000
    5,100 sqft 0.34 AC lot

    Two-story building with first-floor office/warehouse space and two upstairs 2-bedroom apartments accessed via a private side entrance.

    View details
    Mixed-Use Building Near I-664
    Mixed-Use Building Near I-664

    2538 W Pembroke Avenue, Hampton, VA 23661

    $575,000
    5,100 sqft 0.34 AC lot

    Two-story commercial building with apartments and warehouse near I-664.

    View details

    Newport News, VA Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Newport News, VA on our real estate platform. These investment opportunities span a total of 1,680 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for duplexes in Newport News, VA average $240,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 1
    Mobile home & RV parks 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23607 $240K

    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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