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16-Unit Apartment Building
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642 Dresden Dr, Newport News, VA 23601

Multifamily property with two-bedroom, one-bathroom residences built in 1965.

Property SizeContact for details
Lot Size0.87 Acres
Days on Market144

Property Features for 642 Dresden Dr

General Information

Standard status Active
Lot size 0.87 Acres
Property subtype Multifamily

Units

Unit Mix 16 x 2BR/1BA
Multifamily Units 16

Building Details

Year Built 1965
Listing Agency: Marcus & Millichap - Hampton Roads
Listed By: Altay Uzun · License #VA 0225214405
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:28PM

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 Marcus & Millichap - Hampton Roads

Investment Insights

Based on property information with market context.

This apartment property includes sixteen two-bedroom, one-bathroom residences within a multifamily configuration. The building was constructed in 1965 and occupies approximately 0.87 acres.

The property is located at 642 Dresden Dr in Newport News, Virginia 23601.

Key Highlights

  • 16 two‑bedroom, one‑bathroom apartment units
  • Built in 1965
  • Situated on +/- 0.87 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Nail Salon Building Supply

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 23601, VA

25,729
Population
12,593
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,477
Density / Sq Mi
$71,345
Median Household Income
$48,310
Median Earnings
$1,231
Median Rent
$235,600
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 - Multifamily property with two-bedroom, one-bathroom residences built in 1965.
Where is this apartment building located?
The property is located at 642 Dresden Dr Newport News, VA.
What are key features of this property?
This property features: 16 two‑bedroom, one‑bathroom apartment units; Built in 1965; Situated on +/- 0.87 acres
More about this property
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