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    Chesapeake, VA Multifamily Properties for Sale

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    Virginia Beach, VA Norfolk, VA Portsmouth, VA
    Mixed-Use Property Near Downtown Norfolk
    $435,000
    4,000 SF

    Mixed-Use Property Near Downtown Norfolk

    1300 Bainbridge Boulevard, Chesapeake, VA 23324

    Fully rented mixed-use property with commercial and residential spaces.

    • Fully rented mixed‑use property generating exceptional income ($3,825 gross monthly rents).
    • Two commercial spaces and three residential apartments with 5 separate electric meters.
    • Well‑maintained property with attentive owner of 50 years.
    • Prime location near Interstates 464 & 64 and the Poindexter Street corridor.
    • Close proximity to Chesapeake's new municipal building and parking garage.
    Updated: Sep 26, 2025
    View details
    Chesapeake Duplex Investment Opportunity
    $239,900
    2,345 SF

    Chesapeake Duplex Investment Opportunity

    1136 Jackson Avenue, Chesapeake, VA 23324

    Duplex in South Norfolk with income potential near major interstates.

    • 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.
    Updated: Apr 24
    View details
    Chesapeake Duplex on Corner Lot
    $389,900
    1,624 SF

    Chesapeake Duplex on Corner Lot

    Rare duplex opportunity with income potential in Chesapeake, Virginia.

    2300 Battery Park Road, Chesapeake, VA 23323
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    Luxury Multifamily Community in Chesapeake
    Contact for pricing

    Luxury Multifamily Community in Chesapeake

    Luxury multifamily community in Chesapeake's Edinburgh neighborhood, offering immediate scale.

    236 Red Knot Way, Chesapeake, VA 23322
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    Commercial Land with Rental Income
    $1,250,000
    1.32 Acres

    Commercial Land with Rental Income

    1.32 acres with rental income and redevelopment potential.

    2060 S Military Hwy, Chesapeake, VA
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Chesapeake, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Portsmouth Quadplex: Cash-Flow Opportunity
    $300,000
    4,000 SF

    Portsmouth Quadplex: Cash-Flow Opportunity

    Quadplex in Portsmouth, VA, with cash-flow potential.

    73 Decatur Street, Portsmouth, VA 23702
    View details
    Portsmouth Duplex on Oversized Lot
    $189,999
    1,420 SF

    Portsmouth Duplex on Oversized Lot

    Duplex in Portsmouth with potential for expansion.

    2200 Pearl Street, Portsmouth, VA 23704
    View details
    Brick Apartment Building Value-Add Opportunity
    $925,000
    9,536 SF

    Brick Apartment Building Value-Add Opportunity

    12-unit brick apartment building with value-add potential in Norfolk.

    516-522 Dinwiddie St, Norfolk, VA 23523
    View details
    Mixed-Use Development in Downtown Norfolk
    Contact for pricing
    50,000 SF

    Mixed-Use Development in Downtown Norfolk

    Vibrant mixed-use property with retail, apartments, and parking.

    440 Monticello Ave, Norfolk, VA 23510
    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.

    Hertford, NC One-Acre Parcel
    $54,900
    1.00 Acre

    Hertford, NC One-Acre Parcel

    One-acre parcel in Hertford, NC, ready for your dream home.

    229 Little River Shores Road lot: 6, Hertford, NC 27944
    View details
    Waterfront Land in Elizabeth City
    $550,000
    53.50 Acres

    Waterfront Land in Elizabeth City

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

    Driftwood Drive lot: 0, Elizabeth City, NC 27909
    View details
    Waterfront Land in Elizabeth City
    Contact for pricing
    0.28 Acres

    Waterfront Land in Elizabeth City

    0.28-acre waterfront lot with canal frontage and river views.

    Driftwood Drive lot: 770, Elizabeth City, NC 27909
    View details
    Wooded Corner Lot in Glen Cove
    Contact for pricing
    0.44 Acres

    Wooded Corner Lot in Glen Cove

    0.437-acre wooded corner lot in a friendly neighborhood.

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

    700 Grn Tree Cir

    APARTMENT HOUSE (5+ UNITS) • 190,194 SF
    Value Estimation
    $31,440,000
    700 Grn Tree Cir, Chesapeake, VA 23320-3748
    View details
    1401 Deep Crk Blvd Trlr, Unit 124

    1401 Deep Crk Blvd Trlr, Unit 124

    MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
    Value Estimation by Request
    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3748
    View details
    4400 Deborah Ct, Unit 1

    4400 Deborah Ct, Unit 1

    APARTMENT HOUSE (5+ UNITS) • 142,320 SF
    Value Estimation
    $15,750,000
    4400 Deborah Ct, Chesapeake, VA 23321-4337
    View details
    1401 Deep Crk Blvd Trlr, Unit 50

    1401 Deep Crk Blvd Trlr, Unit 50

    MOBILE HOME PARK, TRAILER PARK • 0.12 Acres
    Value Estimation by Request
    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747
    View details
    2500 Number 10th Ln

    2500 Number 10th Ln

    MOBILE HOME PARK, TRAILER PARK • 100 SF
    Value Estimation by Request
    2500 Number 10th Ln, Chesapeake, VA 23323-6327
    View details
    1401 Deep Crk Blvd Trlr, Unit 87

    1401 Deep Crk Blvd Trlr, Unit 87

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747
    View details
    1401 Deep Crk Blvd Trlr, Unit 48

    1401 Deep Crk Blvd Trlr, Unit 48

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747
    View details
    1401 Deep Crk Blvd Trlr, Unit 162

    1401 Deep Crk Blvd Trlr, Unit 162

    MOBILE HOME PARK, TRAILER PARK • 0.10 Acres
    Value Estimation by Request
    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3750
    View details
    500 Blue Bell St, Unit 100

    500 Blue Bell St, Unit 100

    APARTMENT HOUSE (5+ UNITS) • 43,800 SF
    Value Estimation
    $40,750,000
    500 Blue Bell St, Chesapeake, VA 23323-1426
    View details
    1401 Deep Crk Blvd Trlr, Unit 96

    1401 Deep Crk Blvd Trlr, Unit 96

    MOBILE HOME PARK, TRAILER PARK • 0.09 Acres
    Value Estimation by Request
    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747
    View details
    Armstrong Ln

    Armstrong Ln

    APARTMENT HOUSE (5+ UNITS) • 11.74 Acres
    Value Estimation by Request
    Armstrong Ln, Chesapeake, VA 23322
    View details
    100 Fairwind Dr, Unit 101

    100 Fairwind Dr, Unit 101

    APARTMENT HOUSE (5+ UNITS) • 256,041 SF
    Value Estimation
    $2,700,000
    100 Fairwind Dr, Chesapeake, VA 23320-4027
    View details
    205 Ml Crk Pkwy, Unit 3B

    205 Ml Crk Pkwy, Unit 3B

    APARTMENT HOUSE (5+ UNITS) • 11,250 SF
    Value Estimation by Request
    205 Ml Crk Pkwy, Chesapeake, VA 23323-1087
    View details
    217 Ml Crk Pkwy, Unit 3B

    217 Ml Crk Pkwy, Unit 3B

    APARTMENT HOUSE (5+ UNITS) • 11,250 SF
    Value Estimation by Request
    217 Ml Crk Pkwy, Chesapeake, VA 23323-1089
    View details
    245 Ml Crk Pkwy, Unit 2D

    245 Ml Crk Pkwy, Unit 2D

    APARTMENT HOUSE (5+ UNITS) • 11,250 SF
    Value Estimation by Request
    245 Ml Crk Pkwy, Chesapeake, VA 23323-1084
    View details
    229 Ml Crk Pkwy, Unit 2D

    229 Ml Crk Pkwy, Unit 2D

    APARTMENT HOUSE (5+ UNITS) • 11,250 SF
    Value Estimation by Request
    229 Ml Crk Pkwy, Chesapeake, VA 23323-1093
    View details
    213 Ml Crk Pkwy, Unit 2D

    213 Ml Crk Pkwy, Unit 2D

    APARTMENT HOUSE (5+ UNITS) • 11,250 SF
    Value Estimation by Request
    213 Ml Crk Pkwy, Chesapeake, VA 23323-1085
    View details
    241 Ml Crk Pkwy, Unit 2B

    241 Ml Crk Pkwy, Unit 2B

    APARTMENT HOUSE (5+ UNITS) • 14,460 SF
    Value Estimation by Request
    241 Ml Crk Pkwy, Chesapeake, VA 23323-1083
    View details
    233 Ml Crk Pkwy, Unit 2B

    233 Ml Crk Pkwy, Unit 2B

    APARTMENT HOUSE (5+ UNITS) • 14,460 SF
    Value Estimation by Request
    233 Ml Crk Pkwy, Chesapeake, VA 23323-1094
    View details

    Chesapeake, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Chesapeake, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,345 square feet of properties for sale, with an estimated market value of $674,900.

    Sale prices for multifamily properties in Chesapeake, VA start at $239,900, averaging $337,450, 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.

    List
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    Top Commercial Asset Segments

    Apartment buildings 3
    Duplexes 2
    Mobile home & RV parks 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    23324 $249.9K

    Taxes & Financing

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

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    Most Searched ZIP Codes in Chesapeake, VA

    • 23324
    • 23322

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