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12-Unit Apartment Building

600 74th St #12, Newport News, VA 23605

For Sale
New
$1,300,000

Every unit has a new HVAC system installed in 2025, alongside a range of interior and site upgrades.

Property SizeContact for details
Days on Market3

Property Features for 600 74th St #12

General Information

Standard status Active
Property subtype Apartments 3+
Zoning C2
Occupancy 100%

Site & Location

Neighborhood Camp Alexander

Additional Details

Multifamily Units 12
Tenant in Place Yes

Amenities

on-site security system

Building Details

Year Built 1966
Stories 2
Units 12
Listing Agency: Real Property Management Pen
Listed By: Baylee Wang
Source: Jamesallengroup
Added: Nov 11 Last Checked: Nov 13 at 1:11AM

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 Real Property Management Pen

Rey
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Investment Insights

Based on property information with market context.

This 12-unit apartment property at 600 74th St in Newport News, Virginia, was built in 1966. All units received new HVAC systems in 2025. Ten units have updated kitchens and bathrooms, and ten have new carpet. Eight water heaters have also been replaced.

Common-area and site work includes refreshed paint on stairs and walkways in 2024, replacement of the main pipeline in 2022, and parking lot resurfacing and fencing completed in 2022. An on-site security system is also in place. The property is zoned C2.

Key Highlights

  • 12‑unit apartment property built in 1966
  • New HVAC systems in all 12 units, installed in 2025
  • Updated kitchens and bathrooms in 10 units; new carpet in 10 units

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service Building Supply Accounting Firm

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

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

Demographics for 23605, VA

14,053
Population
6,944
Households
2
Avg Household Size
37
Median Age
18%
College-Educated
91%
High-School Grad
3.7 sq mi
ZIP Area
3,798
Density / Sq Mi
$52,899
Median Household Income
$36,286
Median Earnings
$1,187
Median Rent
$178,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Every unit has a new HVAC system installed in 2025, alongside a range of interior and site upgrades.
Where is this apartment building located?
The property is located at 600 74th St #12 Newport News, VA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 12‑unit apartment property built in 1966; New HVAC systems in all 12 units, installed in 2025; Updated kitchens and bathrooms in 10 units; new carpet in 10 units
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