Multifamily

Cape Charles, VA Multifamily Properties for Sale

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Cheriton, VA Capeville, VA Eastville, VA
Turnkey Duplex Investment Opportunity
Updated: May 12
Turnkey Duplex Investment Opportunity

521 Monroe Avenue, Cape Charles, VA 23310

$899,000
3,072 sqft
Turnkey duplex investment opportunity with established vacation rental history and strong income potential.
Fully renovated in 2020 with all furniture, appliances, and decor conveying.
Two identical units, each with 3 bedrooms and 2 full baths.
Minutes from public beach access, local shops, restaurants, and entertainment.
Includes modern amenities: stainless appliances, in‑unit washers & dryers, central HVAC, and double‑pane windows.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cape Charles, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Poquoson Income-Producing Property
Poquoson Income-Producing Property

1221 Poquoson Avenue, Poquoson, VA 23662

$1,995,000
5,290 sqft · 2.08 AC lot

13-unit property on 2.08 acres in Poquoson, Virginia.

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Corner-Lot Duplex with Double Porches
Corner-Lot Duplex with Double Porches

226 S Willard Avenue, Hampton, VA 23663

$449,000
2,740 sqft

Two-story duplex on a corner lot with partial Mill Creek and Bay views, currently configured as two 3-bedroom units.

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Elmwood Trailer Park Investment Opportunity
Elmwood Trailer Park Investment Opportunity

959 N King Street, Hampton, VA 23669

$775,000
2.58 AC lot

High-performance, 15-site trailer park on 2.58 acres.

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7.9 Acres Mixed-Use Development Land
7.9 Acres Mixed-Use Development Land

200 Fountains Ln, Poquoson, VA 23662

$2,650,000
7.90 AC lot

7.9 acres of land approved for mixed-use development.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

10.88 Acre Wooded Building Lot
10.88 Acre Wooded Building Lot

10.88 AC Beech Creek Road, Gloucester, VA 23061

$135,000
10.88 AC lot

10.88 acre wooded lot in Gloucester County, Virginia.

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Gloucester Land Parcel For Sale
Gloucester Land Parcel For Sale

10.88 AC Beech Creek Road, Gloucester, VA 23061

$125,000
10.88 AC lot

10.88 acre wooded building lot in Gloucester County, Virginia.

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Land in Church View, VA
Land in Church View, VA

Wares Bridge, Church View, VA 23032

$39,900

Wooded land with road frontage, mobile homes permitted.

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Chincoteague Island Lot with Utilities
Chincoteague Island Lot with Utilities

2339 BAY BREEZE DR lot: 44, Chincoteague, VA 23336

$104,900
0.05 AC lot

Residential lot with utilities near Curtis Merritt Harbor.

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Cape Charles, VA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Cape Charles, VA on our real estate platform. These investment opportunities span a total of 3,072 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for multifamily properties in Cape Charles, VA start at $899,000, averaging $899,000, and reaching up to $899,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Short term rental properties 1

Demographics Overview

Population 4,934
Population Growth (5Y) +8.5%
Median Household Income $53,482
College Educated 46.7%

High-Yield Neighborhoods for Investment

Identify Cape Charles submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23310 $899K

Taxes & Financing

Tax Rate (average for all types) 0.76%
Property Tax per SF $37.11 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Northampton County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Northampton County

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