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13-Unit Apartment Property
For Sale
$1,800,000

1221 Poquoson Avenue, Poquoson, VA 23662

Commercial/Industrial, Poquoson, VA

Property Size5,290 SF
Lot Size2.08 Acres
Price / SF$340.26
Days on Market247

Property Features for 1221 Poquoson Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R2
Parking features Paved or Surfaced
Subdivision ALL OTHERS AREA 111
Directions Please use GPS
Standard status Active
Size 5,290 SF
Lot size 2.08 Acres

Taxes and HOA fees

Tax Annual Amount 6671

Utilities

Heating system Electric (Heating), Forced Air, Heat Pump (Heating)
Cooling system Heat Pump, Central Air

Building Details

Year built 1949
Roof type Shingle
Listing Agency: EXP Realty LLC
Listed By: Hea Joo Kim
Added: Dec 18, 2025 Changed: Aug 20 Last Checked: Aug 22 at 11:06AM
MLS# 10613932

Copyright © 2026 Real Estate Information Network, Inc. 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 13 residential units across an 8-unit apartment complex, two duplex buildings, and a single-family cottage. The improvements total 5,290 square feet on a 2.08-acre parcel, providing several residential configurations within one property. Built in 1949, the asset features shingle roofing, electric forced-air and heat-pump heating, central air, and paved or surfaced parking.

Located at 1221 Poquoson Avenue in Poquoson, Virginia, the property has access to public water, sewer, and utilities. R2 zoning and the existing mix of apartment, duplex, and cottage improvements define the current residential use. The combination of multiple structures, 13 units, and substantial land area offers a consolidated multifamily holding in Poquoson.

Key Highlights

  • 13 units across an 8‑unit apartment complex, two duplex buildings, and one single‑family cottage
  • 2.08‑acre parcel with 5,290 square feet of improvements
  • R2 zoning with public water, sewer, and utilities available

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop HVAC Service Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 23662, VA

12,460
Population
4,945
Households
2.5
Avg Household Size
43
Median Age
40%
College-Educated
97%
High-School Grad
15.4 sq mi
ZIP Area
809
Density / Sq Mi
$120,919
Median Household Income
$54,715
Median Earnings
$1,634
Median Rent
$403,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - R2-zoned residential property with multiple structures and paved parking.
Where is this apartment building located?
The property is located at 1221 Poquoson Avenue Poquoson, VA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 13 units across an 8‑unit apartment complex, two duplex buildings, and one single‑family cottage; 2.08‑acre parcel with 5,290 square feet of improvements; R2 zoning with public water, sewer, and utilities available
More about this property
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