Charlottesville, VA Multifamily Properties for Sale

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Updated: Jun 1

Residential Income Duplex Opportunity

326 NW 10TH ST, Charlottesville, VA 22903

$889,000

1,232 sqft 0.21 AC lot

RN‑A zoning (Charlottesville 2023 Development Code) with a third dwelling permitted in the rear by right
RN‑A allows up to 2.5 stories (35 ft) and building coverage up to 65% for multi‑unit projects (6,000 SF minimum lot)
Heat pump heating and central air conditioning
Public water and public sewer
Built in 1925

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Updated: May 19

Remodeled Side-by-Side Duplex

530 CLEVELAND AVE, Charlottesville, VA 22903

$519,000

2,400 sqft 0.25 AC lot

Side‑by‑side duplex (both units) with total makeover including new appliances, kitchen cabinets, light fixtures, and windows
Renovations include new roof, siding, vinyl flooring throughout, and tiled showers in both units
Huge new rear deck and new concrete walkway completed as part of the remodel
Year built: 1986
Utilities: public water and public sewer

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Quadplex with Separate Entrances

207 DOUGLAS AVE, Charlottesville, VA 22902

$1,035,000

2,777 sqft 0.20 AC lot

Four rental units on a flat landscaped lot, each with washer/dryer and separate electric meters.

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Fontaine Avenue Income Property

2401 FONTAINE AVE, Charlottesville, VA 22903

$825,000

2,400 sqft 0.50 AC lot

Two-unit property near UVA with development potential.

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Renovated Over-Under Duplex

1408 BAKER ST, Charlottesville, VA 22903

$520,000

1,920 sqft 0.17 AC lot

Fully renovated, legal over-under duplex with separate turnkey units, in-unit laundry, and fenced outdoor space.

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Two-Unit Brick Income Duplex

2401 FONTAINE AVE, Charlottesville, VA 22903

$825,000

2,300 sqft 0.42 AC lot

Two separately metered units with shared laundry and off-street parking, positioned on a nearly half-acre lot zoned CX-5.

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Zoned Duplex with Expansion Potential

911 WEST ST, Charlottesville, VA 22903

$779,000

1,716 sqft 0.15 AC lot

Income-producing duplex with RN-A zoning that supports additional units under an Affordable Dwelling Unit bonus.

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Albemarle County Investment Opportunity

1700-1704 Old Brook Rd, Charlottesville, VA

$780,000

3,298 sqft 7.96 AC lot

Two residences on 7.9 acres in Albemarle County.

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Renovated Triplex with Off-Street Parking

403 ALTAMONT CIR, Charlottesville, VA 22902

$1,295,000

3,156 sqft 0.12 AC lot

Renovated triplex configured as three separate apartments with off-street parking in Charlottesville.

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Duplex With In-Unit Laundry

821 CABELL AVE, Charlottesville, VA 22903

$650,000

1,950 sqft 0.17 AC lot

Two well-kept units in Charlottesville, including in-unit washer/dryer, with one unit on terrace level.

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Belmont Investment Property with Cottage

207 DOUGLAS AVE, Charlottesville, VA 22902

$1,035,000

Investment property in Belmont with four units and off-street parking.

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Brick Triplex with Separate Decks

402 NE 13TH ST, Charlottesville, VA 22902

$775,000

1,800 sqft 0.17 AC lot

Three-unit brick triplex with two main-level units and a walk-out basement unit, each with outdoor living space.

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Two-Unit Residential Duplex

511 STONEHENGE AVE, Charlottesville, VA 22902

$469,000

2,000 sqft 0.13 AC lot

Well-configured duplex with separate heating and cooling systems, offering two distinct living layouts and a fully fenced yard.

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Altamont Circle Investment Opportunity

403 ALTAMONT CIR, Charlottesville, VA 22902

$1,295,000

Three apartments near Charlottesville's Historic Downtown Pedestrian Mall.

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Renovated Duplex Redevelopment Site

1210 CHERRY AVE, Charlottesville, VA 22903

$499,000

1,440 sqft 0.22 AC lot

Renovated 2-unit duplex on a 0.22-acre Residential-B redevelopment parcel with one unit vacant at closing.

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Historic Duplex Income Property

704 BLENHEIM AVE, Charlottesville, VA 22902

$549,000

1,726 sqft 0.08 AC lot

Historic stucco home configured as two separate units, offering flexible rental income potential.

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Charlottesville Triplex Investment Opportunity

402 13TH ST, Charlottesville, VA 22902

$775,000

Rare triplex near downtown Charlottesville with strong appreciation history.

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Residential Income Property with Two Homes

1704 OLD BROOK RD, Charlottesville, VA 22901

$780,000

3,298 sqft 7.96 AC lot

Two separate residences on a sizable lot offer a contractor or investor rehab-and-rent opportunity.

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Two-Bedroom Condominium Home

545 BURGOYNE RD #2, Charlottesville, VA 22901

$180,000

Move-in ready 2-bedroom, 1-bath condo with a walk-in shower replacement tub and a new water heater.

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Renovated Over/Under Duplex with Screened Porch

1408 BAKER ST #A & B, Charlottesville, VA 22903

$520,000

0.17 AC lot

Turnkey over/under duplex with in-unit laundry, separate meters, and outdoor space minutes from UVA.

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Gated Multi-Family Condo Unit

235 YELLOWSTONE DR #102, Charlottesville, VA 22903

$245,000

0.02 AC lot

Fully leased 4BR/4BA condo-style unit with in-unit laundry and kitchen, plus HOA-covered utilities and amenities.

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Updated Multi-Family Condo with In-Unit Laundry

2527 HYDRAULIC RD #50, Charlottesville, VA 22901

$150,000

Updated condo with in-unit washer/dryer, gas cooking, and assigned parking included with HOA.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Charlottesville, VA, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

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.

MOBILE HOME PARK, TRAILER PARK

3533 Br Hl Rd, Charlottesville, VA 22911-9157

$3,230,000

Estimated value

5,400 sqft 13.84 AC lot

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HIGH-RISE APARTMENTS

350 Portico Way, Charlottesville, VA 22911-8480

$1,360,000

Estimated value

101,938 sqft 2.94 AC lot

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Charlottesville, VA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Charlottesville, VA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 33,413 square feet of properties for sale, with an estimated market value of $11,189,000.

Sale prices for multifamily properties in Charlottesville, VA start at $469,000, averaging $745,933, and reaching up to $1,295,000 — 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

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	$740K
22902	$901K
22903	$1.2M

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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