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    Virginia Multifamily Properties for Sale

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    Richmond, VA Roanoke, VA Fredericksburg, VA
    465 listings
    Richmond Multifamily Investment Opportunity
    $989,000
    6,448 SF
    Richmond Multifamily Investment Opportunity

    2115 Phaup Street, Richmond, VA 23223

    Nine-unit multifamily property with stabilized income in Richmond, Virginia.
    • High Cap Rate: Enjoy stabilized rental income with an approximate 8.5% cap rate, potentially reaching 9.5% based on current seller‑provided operating figures.
    • Consistent Unit Mix: Features nine 2‑bedroom, 1‑bath residences, each approximately 700 square feet.
    • Newer Roof and Exterior Access: Benefit from a newer roof and new exterior access, reducing immediate maintenance.
    • Durable Brick Construction: The low‑maintenance brick facade ensures long‑term structural integrity.
    • Strong Rent Roll: All units are tenant occupied, supported by a strong rent roll.
    Updated: May 24
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    Income-Producing Multifamily Property on 3.68 Acres
    $650,000
    10,000 SF
    Income-Producing Multifamily Property on 3.68 Acres

    108 Kitten Lane, Rural Retreat, VA 24368

    Seven units plus lot rent income near Interstate 81.
    • Strong existing cash flow with an NOI of approximately $66,105 and gross annual income of approximately $73,800.
    • 3.86 acres of land offering tremendous opportunity for future development or expansion.
    • Seven income‑producing units (four 2‑bedroom, 1‑bath units; two 3‑bedroom, 2‑bath units; and one 2‑bedroom, 1‑bath unit) plus lot rent income from two tenant‑owned mobile homes.
    • Excellent accessibility, located directly on Route 11, 3 minutes from Exit 60 off Interstate 81, and 10 minutes from Wytheville.
    • All units are individually metered with public water and sewer, simplifying management.
    Updated: May 1
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    Mixed-Use Highway Retail & Apartments
    $2,500,000
    2,115 SF
    Mixed-Use Highway Retail & Apartments

    High-visibility Rt. 58 property combining a former gas station convenience store, caf area, showroom, and multiple apartments.

    43 Old Well Rd, Spencer, VA 24165

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    Fully Leased Triplex Investment
    $519,000
    4,048 SF
    Fully Leased Triplex Investment

    Triplex with three rental units and recent roof, window, and mini-split upgrades in a multifamily residential zone.

    1341 MT CLINTON PIKE, Harrisonburg, VA 22801

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    Renovated Mixed-Use Building in Culpeper
    $699,900
    3,200 SF
    Renovated Mixed-Use Building in Culpeper

    Mixed-use commercial building with residential units in Culpeper, VA.

    1012 S MAIN Street, Culpeper, VA 22701

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    Historic Inn with Event Space
    $1,450,000
    9,737 SF
    Historic Inn with Event Space

    Boutique inn featuring rental suites and event space.

    404 Cabell Street, Lynchburg, VA 24504

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    Two-Home Creekfront Income Property
    $550,000
    1,764 SF
    Two-Home Creekfront Income Property

    Two well-maintained residences on a creekfront lot provide flexible residential income or multi-generational living options.

    557 Burkes Ford Rd, Dugspur, VA 24325

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    Residential Income Duplex Opportunity
    $889,000
    1,232 SF
    Residential Income Duplex Opportunity

    Duplex on a small lot with RN-A zoning and by-right ability to add a rear dwelling unit.

    326 NW 10TH ST, Charlottesville, VA 22903

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    Lynchburg Multifamily Investment Opportunity
    $899,000
    6,792 SF
    Lynchburg Multifamily Investment Opportunity

    Income-producing 8-plex near restaurants, businesses, and local colleges.

    1664 Graves Mill Road, Lynchburg, VA 24502

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    Fully Occupied 4-Unit Multifamily
    $640,000
    2,716 SF
    Fully Occupied 4-Unit Multifamily

    Four fully occupied units with modern interiors and a subdividable lot for potential additional residence or multifamily.

    12020 Winfree Street, Chester, VA 23831

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    Three-Unit Residential Income Property
    $2,090,000
    3,072 SF
    Three-Unit Residential Income Property

    Three 3BR/2BA apartments with on-site parking on a roughly 0.26-acre lot in Arlington.

    3812 13TH Street N, Arlington, VA 22201

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    Colonial Multifamily with Courtyard
    $1,080,000
    4,804 SF
    Colonial Multifamily with Courtyard

    Colonial-style income property with 10-foot ceilings, hardwood floors, and recent roof, window, and appliance updates.

    2125 Grove Avenue, Richmond, VA 23220

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    Over-Under Duplex
    $509,000
    2,646 SF
    Over-Under Duplex

    Well-maintained over-under duplex with renovated upper unit, established lower unit, and tenants responsible for utilities.

    Harrisonburg, VA 22801

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    Rockingham Duplex: Renovated and Maintained
    $509,000
    2,646 SF
    Rockingham Duplex: Renovated and Maintained

    Well-maintained duplex in Rockingham County with renovated upper unit.

    Harrisonburg, VA 22801

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    Mixed-Use Income Property For Sale
    $699,000
    2,600 SF
    Mixed-Use Income Property For Sale

    Multi-tenant property with cash flow on a corner lot.

    5976 Virginia Ave, Pembroke, VA 24136

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    Side-by-Side Multifamily Portfolio
    $1,600,000
    8,263 SF
    Side-by-Side Multifamily Portfolio

    Five R-4 zoned homes with current rental income and walkability to Radford University.

    1201 - 1217 Fairfax Street, Radford, VA 24141

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    Charming Duplex in Winchester, VA
    $599,900
    3,511 SF
    Charming Duplex in Winchester, VA

    Versatile duplex with historic charm and income potential.

    1400 VALLEY Avenue, Winchester, VA 22601

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    Lynchburg Multifamily Investment Opportunity
    $899,000
    6,792 SF
    Lynchburg Multifamily Investment Opportunity

    Income-producing 8-plex in high-traffic location with strong rental history.

    1664 Graves Mill Road, Lynchburg, VA 24502

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    Turnkey Multifamily with Heat Pumps
    $1,150,000
    6,087 SF
    Turnkey Multifamily with Heat Pumps

    Fully leased-feeling rental property with separate electric meters, owner-paid water, and four off-street parking spaces in Richmond.

    2517 Grove Avenue, Richmond, VA 23220

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    Galax Multifamily Investment Opportunity
    $339,000
    3,045 SF
    Galax Multifamily Investment Opportunity

    Four-unit property with long-term and short-term rental income potential.

    508 W Stuart Dr, Galax, VA 24333

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    Multi-Family Residential Property with Pool
    $950,000
    6,042 SF
    Multi-Family Residential Property with Pool

    Four-bedroom main home and two rented apartments above a three-bay garage, set on 1.93 acres with a fenced pool.

    108 HOMESTEAD Lane, Maurertown, VA 22644

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    Historic Duplex With Two 4BR Units
    $1,069,950
    5,703 SF
    Historic Duplex With Two 4BR Units

    Built in 1908, this duplex offers two 4-bedroom, 2-bath apartments with dedicated laundry, storage, and recent interior upgrades.

    2034 W Grace Street, Richmond, VA 23220

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    Fredericksburg Triplex: Investor Opportunity
    $849,900
    4,723 SF
    Fredericksburg Triplex: Investor Opportunity

    Income-producing triplex near University of Mary Washington.

    1318 DANDRIDGE Street, Fredericksburg, VA 22401

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    New Construction Multifamily in Richmond
    $699,000
    2,669 SF
    New Construction Multifamily in Richmond

    New construction duplex in historic Manchester, near downtown Richmond.

    115 W 10th Street, Richmond, VA 23224

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    Virginia Multifamily Properties Investment Opportunities Market Analysis

    Explore 465 multifamily properties for sale in Virginia, showcased through 465 active listings on our real estate platform. These investment opportunities span a total of 2,092,147 square feet of properties for sale, with an estimated market value of $257,642,174.

    Sale prices for multifamily properties in Virginia start at $34,900, averaging $930,116, and reaching up to $11,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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