Multifamily

Charlottesville, VA Multifamily Properties for Sale

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Duplex with By-Right Expansion Potential
Updated: Jun 1
Duplex with By-Right Expansion Potential

326 NW 10TH ST, Charlottesville, VA 22903

$889,000
1,232 sqft 0.21 AC lot
RN‑A zoning allows a third dwelling at the rear by right
1,232 square feet with two bedrooms and two bathrooms
0.21‑acre lot
Zoning allows buildings up to 2.5 stories or 35 feet
Multi‑unit projects may have up to 65% building coverage on a 6,000‑square‑foot minimum lot
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Two-Unit Duplex
Updated: Aug 14
Two-Unit Duplex

112 HARMON ST, Charlottesville, VA 22903

$619,000
2,464 sqft 0.12 AC lot
Two residences, each with 2 bedrooms and 1 full bath
2,464 square feet on a 0.12‑acre lot
Fully leased
Built in 1973
Hardwood flooring, central air, and electric baseboard heat
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Brick Triplex
Brick Triplex

402 NE 13TH ST, Charlottesville, VA 22902

$775,000
2,700 sqft 0.17 AC lot

Three residences offer individual outdoor spaces, with a common yard and dedicated driveways for the upper-level homes.

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Multifamily Property in CX-5 District
Multifamily Property in CX-5 District

2303 Fontaine Ave, Charlottesville, VA 22903

$1,550,000
5,527 sqft

Multifamily asset positioned within a mixed-use corridor district that supports residential and commercial development.

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MULTI-FAMILY, CHARLOTTESVILLE, VA
MULTI-FAMILY, CHARLOTTESVILLE, VA

1210 CHERRY AVE, Charlottesville, VA 22903

$499,000
1,440 sqft 0.22 AC lot

Residential land & home lots · 1,440 SF

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NX-8 Multifamily Development Site
NX-8 Multifamily Development Site

922 E JEFFERSON ST, Charlottesville, VA 22902

$1,200,000

NX-8 zoning supports multifamily, office, retail, and other mixed-use redevelopment options.

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Multifamily Property with Historic Structure
Multifamily Property with Historic Structure

117 Altamont Circle, Charlottesville, VA 22903

Contact for pricing

Multifamily property featuring a contributing historical structure.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Charlottesville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

9-Unit Apartment Building Package
9-Unit Apartment Building Package

17 ROSEWOOD CT, Fishersville, VA 22939

$1,995,000
11,728 sqft

Condominium units feature separate utility metering, with attached garages included for five units.

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2-Unit Duplex with Private Porches
2-Unit Duplex with Private Porches

817 Grayson Ave, Waynesboro, VA 22980

$300,000
2,530 sqft

Separate entrances, in-unit laundry, and individual gas and electric meters serve both residences.

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Multi-Purpose Property on 38 Acres
Multi-Purpose Property on 38 Acres

272 Mule Academy Rd, Fishersville, VA 22939

$4,775,000
141,073 sqft 38.00 AC lot

141,000+ SF building structures near I-64 and Augusta Health.

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Mixed-Use Development Opportunity
Mixed-Use Development Opportunity

322 W MAIN St, Waynesboro, VA 22980

$799,000

Mixed-use development opportunity with plans for retail and residential.

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Off-Market Properties in Charlottesville, VA

Consider similar Off-Market properties in Charlottesville, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3533 Br Hl Rd
MOBILE HOME PARK, TRAILER PARK

3533 Br Hl Rd, Charlottesville, VA 22911-9157

Estimated value:
$3,290,000
5,400 sqft 13.84 AC lot
View details
350 Portico Way
HIGH-RISE APARTMENTS

350 Portico Way, Charlottesville, VA 22911-8480

Estimated value:
$1,360,000
101,938 sqft 2.94 AC lot
View details
421 9Th St
Multifamily properties

421 9Th St, Charlottesville, VA 22903

Estimated value: by Request
2,036 sqft 0.14 AC lot
View details
201-239 Elliott Ave
Individual retail properties

201-239 Elliott Ave, Charlottesville, VA 22902

Estimated value: by Request
1.00 AC lot
View details
1700 Old Brook Rd
Multifamily properties

1700 Old Brook Rd, Charlottesville, VA 22901

Estimated value: by Request
3,298 sqft 7.96 AC lot
View details
1200 Wertland St, Unit 6
APARTMENT HOUSE (5+ UNITS)

1200 Wertland St, Charlottesville, VA 22903-2873

Unit 6
Estimated value:
$240,000
4,368 sqft 0.57 AC lot
View details
1025 Wertland St, Unit 1213
APARTMENT HOUSE (5+ UNITS)

1025 Wertland St, Charlottesville, VA 22903-2827

Unit 1213
Estimated value:
$240,000
5,136 sqft 4.27 AC lot
View details
1207 Wertland St, Unit 11
APARTMENT HOUSE (5+ UNITS)

1207 Wertland St, Charlottesville, VA 22903-2802

Unit 11
Estimated value:
$405,000
7,624 sqft 0.93 AC lot
View details
1300 Wertland St
APARTMENT HOUSE (5+ UNITS)

1300 Wertland St, Charlottesville, VA 22903-2838

Estimated value:
$370,000
12,378 sqft 0.18 AC lot
View details
1252 Wertland St
APARTMENT HOUSE (5+ UNITS)

1252 Wertland St, Charlottesville, VA 22903-2844

Estimated value:
$625,000
19,794 sqft 0.49 AC lot
View details
1021 Wertland St
APARTMENT HOUSE (5+ UNITS)

1021 Wertland St, Charlottesville, VA 22903-2876

Estimated value:
$885,000
39,146 sqft 1.37 AC lot
View details
1308 Wertland St
APARTMENT HOUSE (5+ UNITS)

1308 Wertland St, Charlottesville, VA 22903-3178

Estimated value:
$305,000
3,863 sqft 0.43 AC lot
View details
1532 Virginia Ave, Unit 36
APARTMENT HOUSE (5+ UNITS)

1532 Virginia Ave, Charlottesville, VA 22903-2602

Unit 36
Estimated value:
$825,000
45,700 sqft 0.76 AC lot
View details
68 University Way
APARTMENT HOUSE (5+ UNITS)

68 University Way, Charlottesville, VA 22903-1848

Estimated value:
$405,000
17,560 sqft 0.33 AC lot
View details
83 University Gdns, Unit 136
APARTMENT HOUSE (5+ UNITS)

83 University Gdns, Charlottesville, VA 22903-2516

Unit 136
Estimated value:
$1,045,000
62,192 sqft 2.94 AC lot
View details
10 University Cir
APARTMENT HOUSE (5+ UNITS)

10 University Cir, Charlottesville, VA 22903-1849

Estimated value:
$530,000
21,175 sqft 0.27 AC lot
View details
32 University Cir
APARTMENT HOUSE (5+ UNITS)

32 University Cir, Charlottesville, VA 22903-1850

Estimated value:
$465,000
20,143 sqft 0.30 AC lot
View details

Charlottesville, VA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Charlottesville, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 13,363 square feet of properties for sale, with an estimated market value of $5,532,000.

Sale prices for multifamily properties in Charlottesville, VA start at $499,000, averaging $922,000, and reaching up to $1,550,000 — 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 2
Triplexes 1

Demographics Overview

Population 126K
Population Growth (5Y) +4.8%
Median Household Income $94,549
College Educated 46.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
22901 $550K
22903 $804.3K
22902 $864.8K

Taxes & Financing

Tax Rate (average for all types) 0.91%
Property Tax per SF $5.44 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Albemarle County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Charlottesville fall within the 100,000+ square foot range.

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