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Updated 20-Unit Apartment Property
For Sale
$2,700,000

6797 6807 6822 LOT 9 VILLAGE S Drive, Gloucester, VA 23061

CommercialSale, Gloucester, VA

Property SizeContact for details
Lot Size2.07 Acres
Days on Market114

Property Features for 6797 6807 6822 LOT 9 VILLAGE S Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description MF-1
Parking 30
Vegetation Wooded
Lot features Conservation Area, Level, Wooded
Directions RT.17N; RIGHT-BUSINESS RT.17; ON LEFT ENTRANCE VILLAGE SOUTH DRIVE
Subdivision 116 - Gloucester
Standard status Active
APN 13402, 43456, 43457, 43458
Lot size 2.07 Acres

Taxes and HOA fees

Tax Description DEED BOOK ID 210000661
Legal Description DEED BOOK ID 210000661

Utilities

Sewer type Shared Septic
Heating system Forced Air, Heat Pump (Heating)
Water source Public

Building Details

Year built 1981
Building materials MetalSiding, VinylSiding
Roof type Composition
Architectural style Other
Listing Agency: Spencer Realty Of Virginia
Listed By: Debra H. Spencer · License #0225027107
Added: May 1 Changed: Aug 19 Last Checked: Aug 22 at 6:06PM
MLS# 202600727

Copyright © 2026 Chesapeake Bay & Rivers Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property contains 20 apartments distributed across 4 lots totaling 2.07 acres. All apartments have been updated, and each residence has private parking. The site includes wooded green space with a park-like setting. Built in 1981, the improvements feature metal and vinyl siding, composition roofing, forced-air and heat-pump heating, public water, and shared septic service.

The property is located in Gloucester, Virginia, within the Gloucester Village area and carries MF-1 multifamily zoning. The 20 apartments are fully rented, providing an established residential income configuration across the four parcels.

Key Highlights

  • 20 apartments across 4 lots totaling 2.07 acres
  • All 20 apartments have been updated
  • Private parking assigned to each apartment

Property Analytics

Current Use

Apartment buildings

Lease Details

20
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 23061, VA

22,256
Population
10,045
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
92%
High-School Grad
158.0 sq mi
ZIP Area
141
Density / Sq Mi
$91,547
Median Household Income
$48,392
Median Earnings
$1,199
Median Rent
$297,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four parcels provide wooded outdoor space and dedicated parking for every residence.
Where is this apartment building located?
The property is located at 6797 6807 6822 LOT 9 VILLAGE S Drive Gloucester, VA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 20 apartments across 4 lots totaling 2.07 acres; All 20 apartments have been updated; Private parking assigned to each apartment
More about this property
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