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    Chesapeake, VA
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    Chesapeake, VA Multifamily Properties for Sale

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    Mixed-Use Retail and Apartments
    Updated: Sep 26, 2025
    Mixed-Use Retail and Apartments

    1300 Bainbridge Boulevard, Chesapeake, VA 23324

    $435,000
    4,000 sqft 0.12 AC lot
    Mixed‑use property with 2 commercial spaces and 3 residential apartments
    Fully rented with gross monthly rents totaling $3,825
    Five separate electricity meters
    Owner additional office space with a half bath and a separate entrance
    Year built 1920; shingle roof
    View details
    Chesapeake Duplex Investment Opportunity
    Updated: Apr 24
    Chesapeake Duplex Investment Opportunity

    1136 Jackson Avenue, Chesapeake, VA 23324

    $230,000
    2,345 sqft
    Income‑producing duplex featuring two units, each with 2 bedrooms and 1 bathroom.
    Excellent location near major interstates, Jordan Bridge, shipyard, and downtown Norfolk and Portsmouth.
    Opportunity to renovate and maximize rental income.
    Live in one unit and rent out the other.
    Priced with renovation potential in mind.
    View details
    Commercial Land with Rental Income
    Commercial Land with Rental Income

    2060 S Military Hwy, Chesapeake, VA

    $1,250,000
    1.32 AC lot

    1.32 acres with rental income and redevelopment potential.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Chesapeake, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, 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.

    Updated Triplex with Detached Garage
    Updated Triplex with Detached Garage

    1510 Parker Avenue, Portsmouth, VA 23704

    $495,000
    3,460 sqft

    Updated triplex offers three separate units with in-unit laundry and separate utility meters.

    View details
    Turnkey Duplex with Separate Utilities
    Turnkey Duplex with Separate Utilities

    1802 Atlanta Avenue, Portsmouth, VA 23704

    $314,900
    2,400 sqft

    Duplex with two units, separate meters, and recent updates including flooring, kitchens, baths, and plumbing work.

    View details
    Norfolk Duplex with Garage
    Norfolk Duplex with Garage

    2615 Ballentine Boulevard, Norfolk, VA 23509

    $230,000
    2,665 sqft

    Duplex with garage, carport, and partially finished attic.

    View details
    Historic Ghent Duplex Opportunity
    Historic Ghent Duplex Opportunity

    817 Maury Ave, Norfolk, VA 23517

    $250,000
    3,922 sqft

    Charming duplex in Norfolk's Ghent Historic District, close to downtown.

    View details

    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.

    Waterfront Land in Elizabeth City
    Waterfront Land in Elizabeth City

    Driftwood Drive lot: 0, Elizabeth City, NC 27909

    $550,000
    53.50 AC lot

    53.5-acre waterfront property with development potential in Elizabeth City, NC.

    View details
    Waterfront Canal-Front Land
    Waterfront Canal-Front Land

    Driftwood Drive lot: 770, Elizabeth City, NC 27909

    Contact for pricing
    0.28 AC lot

    Build-ready waterfront land with canal frontage and river views suited for boating and everyday water access.

    View details
    Wooded Corner Lot in Glen Cove
    Wooded Corner Lot in Glen Cove

    114 Spindrift Trail lot: 73, Elizabeth City, NC 27909

    Contact for pricing
    0.44 AC lot

    0.437-acre wooded corner lot in a friendly neighborhood.

    View details
    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.

    View details

    Off-Market Properties in Chesapeake, VA

    Consider similar Off-Market properties in Chesapeake, 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.

    700 Grn Tree Cir
    APARTMENT HOUSE (5+ UNITS)

    700 Grn Tree Cir, Chesapeake, VA 23320-3748

    $31,440,000
    Estimated value
    190,194 sqft 12.40 AC lot
    View details
    1401 Deep Crk Blvd Trlr, Unit 124
    MOBILE HOME PARK, TRAILER PARK

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3748

    Unit 124
    Value Estimation by Request
    0.12 AC lot
    View details
    4400 Deborah Ct, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    4400 Deborah Ct, Chesapeake, VA 23321-4337

    Unit 1
    $15,750,000
    Estimated value
    142,320 sqft 12.03 AC lot
    View details
    1401 Deep Crk Blvd Trlr, Unit 50
    MOBILE HOME PARK, TRAILER PARK

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    Unit 50
    Value Estimation by Request
    0.12 AC lot
    View details
    2500 Number 10th Ln
    MOBILE HOME PARK, TRAILER PARK

    2500 Number 10th Ln, Chesapeake, VA 23323-6327

    Value Estimation by Request
    100 sqft 1.73 AC lot
    View details
    1401 Deep Crk Blvd Trlr, Unit 87
    MOBILE HOME PARK, TRAILER PARK

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    Unit 87
    Value Estimation by Request
    0.09 AC lot
    View details
    1401 Deep Crk Blvd Trlr, Unit 48
    MOBILE HOME PARK, TRAILER PARK

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    Unit 48
    Value Estimation by Request
    0.09 AC lot
    View details
    1401 Deep Crk Blvd Trlr, Unit 162
    MOBILE HOME PARK, TRAILER PARK

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3750

    Unit 162
    Value Estimation by Request
    0.10 AC lot
    View details
    500 Blue Bell St, Unit 100
    APARTMENT HOUSE (5+ UNITS)

    500 Blue Bell St, Chesapeake, VA 23323-1426

    Unit 100
    $40,750,000
    Estimated value
    43,800 sqft 2.50 AC lot
    View details
    1401 Deep Crk Blvd Trlr, Unit 96
    MOBILE HOME PARK, TRAILER PARK

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    Unit 96
    Value Estimation by Request
    0.09 AC lot
    View details
    Armstrong Ln
    APARTMENT HOUSE (5+ UNITS)

    Armstrong Ln, Chesapeake, VA 23322

    Value Estimation by Request
    11.74 AC lot
    View details
    100 Fairwind Dr, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    100 Fairwind Dr, Chesapeake, VA 23320-4027

    Unit 101
    $2,700,000
    Estimated value
    256,041 sqft 12.32 AC lot
    View details
    205 Ml Crk Pkwy, Unit 3B
    APARTMENT HOUSE (5+ UNITS)

    205 Ml Crk Pkwy, Chesapeake, VA 23323-1087

    Unit 3B
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details
    217 Ml Crk Pkwy, Unit 3B
    APARTMENT HOUSE (5+ UNITS)

    217 Ml Crk Pkwy, Chesapeake, VA 23323-1089

    Unit 3B
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details
    245 Ml Crk Pkwy, Unit 2D
    APARTMENT HOUSE (5+ UNITS)

    245 Ml Crk Pkwy, Chesapeake, VA 23323-1084

    Unit 2D
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details
    229 Ml Crk Pkwy, Unit 2D
    APARTMENT HOUSE (5+ UNITS)

    229 Ml Crk Pkwy, Chesapeake, VA 23323-1093

    Unit 2D
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details
    213 Ml Crk Pkwy, Unit 2D
    APARTMENT HOUSE (5+ UNITS)

    213 Ml Crk Pkwy, Chesapeake, VA 23323-1085

    Unit 2D
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details
    241 Ml Crk Pkwy, Unit 2B
    APARTMENT HOUSE (5+ UNITS)

    241 Ml Crk Pkwy, Chesapeake, VA 23323-1083

    Unit 2B
    Value Estimation by Request
    14,460 sqft 12.00 AC lot
    View details
    233 Ml Crk Pkwy, Unit 2B
    APARTMENT HOUSE (5+ UNITS)

    233 Ml Crk Pkwy, Chesapeake, VA 23323-1094

    Unit 2B
    Value Estimation by Request
    14,460 sqft 12.00 AC lot
    View details
    221 Ml Crk Pkwy, Unit 1C
    APARTMENT HOUSE (5+ UNITS)

    221 Ml Crk Pkwy, Chesapeake, VA 23323-1090

    Unit 1C
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details
    225 Ml Crk Pkwy, Unit 1A
    APARTMENT HOUSE (5+ UNITS)

    225 Ml Crk Pkwy, Chesapeake, VA 23323-1092

    Unit 1A
    Value Estimation by Request
    11,250 sqft 12.00 AC lot
    View details

    Chesapeake, VA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Chesapeake, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,593 square feet of properties for sale, with an estimated market value of $1,319,900.

    Sale prices for multifamily properties in Chesapeake, VA start at $230,000, averaging $329,975, and reaching up to $435,000 — 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

    Apartment buildings 1
    Duplexes 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 251K
    Population Growth (5Y) +7.1%
    Median Household Income $99,233
    College Educated 31.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23324 $310K
    23323 $389.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $12.24 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chesapeake city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Chesapeake, VA

    • 23324
    • 23322
    • 23323

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