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

1221 Poquoson Ave, Poquoson, VA 23662

Multi-building residential asset with apartments, duplexes, and a detached cottage on a substantial parcel.

Property Size5,290 SF
Price / SF$340.26
Days on Market37

Property Features for 1221 Poquoson Ave

General Information

Standard status Active
Size 5,290 SF

Building Details

Year Built 1949
Listing Agency: EXP Realty LLC
Listed By: Hea Joo Kim
Source: Horakrealtygroup
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 30 at 7:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Investment Insights

Based on property information with market context.

This apartment property comprises 13 residential units across an 8-unit apartment complex, two duplex buildings, and one single-family cottage. The improvements were built in 1949 and occupy a 2.08-acre parcel, creating a multi-structure configuration with varied residential layouts.

The property is located at 1221 Poquoson Ave in Poquoson, Virginia. Public water, sewer, and utilities are available, and the site provides access to major routes, employment centers, and daily amenities. The property size is reported as 5,290.

Key Highlights

  • 13 total units across an 8‑unit apartment complex, two duplex buildings, and one single‑family cottage
  • 2.08‑acre residential income property
  • 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.

Location Intelligence

Trade Area within ½ mile

70
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-building residential asset with apartments, duplexes, and a detached cottage on a substantial parcel.
Where is this apartment building located?
The property is located at 1221 Poquoson Ave 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 total units across an 8‑unit apartment complex, two duplex buildings, and one single‑family cottage; 2.08‑acre residential income property; Public water, sewer, and utilities available
More about this property
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