Multifamily

Colonial Heights, VA Multifamily Properties for Sale

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Chester, VA Chesterfield, VA Prince George, VA Petersburg, VA Hopewell, VA North Chesterfield, VA Disputanta, VA Sutherland, VA
Renovation-Ready Triplex
Updated: Jul 31
Renovation-Ready Triplex

318 E Westover Avenue, Colonial Heights, VA 23834

$219,900
2,884 sqft 0.14 AC lot
Three‑unit triplex totaling 2884 square feet
Unit mix includes one 2 Bed 1 Bath residence and two 1 Bed 1 Bath units
Separate gas meters serve the units
Built in 1927 on a 0.14‑acre parcel
Public water and Public Sewer
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Triplex Property with Separate Gas Meters
Updated: Aug 2
Triplex Property with Separate Gas Meters

318 E Westover Ave, Colonial Heights, VA 23834

$219,900
Three‑unit triplex with a two‑bedroom lower unit and two one‑bedroom upper units
Full renovation required; offered as‑is, where‑is
Separate gas meters for the units
Built in 1927
Located at 318 E Westover Ave, Colonial Heights, VA 23834
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Colonial Heights, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Historic Petersburg Apartment Building For Sale
Historic Petersburg Apartment Building For Sale

23 W Old St, Petersburg, VA 23803

$1,100,000
11,000 sqft

Five-unit apartment building with historic charm and modern upgrades.

View details
Mixed-Use Property with Retail
Mixed-Use Property with Retail

100 N Sycamore Street, Petersburg, VA 23803

$1,450,000
9,860 sqft

Includes leased retail, residential units, and rear office-garage flex space.

View details
Historic Mixed-Use Lofts
Historic Mixed-Use Lofts

133 N Sycamore St, Petersburg, VA 23803

Contact for pricing

Renovated historic property combines loft-style apartments with commercial spaces.

View details
12-Unit Apartment Building
12-Unit Apartment Building

37 Bollingbrook St, Petersburg, VA 23803

Contact for pricing

First-floor office space accompanies the apartment units in this multifamily property.

View details

Off-Market Properties in Colonial Heights, VA

Consider similar Off-Market properties in Colonial Heights, 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.

17216 Rte 1st 1
MOBILE HOME PARK, TRAILER PARK

17216 Rte 1st 1, Colonial Heights, VA 23834

$2,140,000
Estimated value
4.64 AC lot
View details
2323 Arrowfield Rd
MOBILE HOME PARK, TRAILER PARK

2323 Arrowfield Rd, Colonial Heights, VA 23834

$235,000
Estimated value
7.07 AC lot
View details

Colonial Heights, VA Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Colonial Heights, VA on our real estate platform. These investment opportunities span a total of 2,884 square feet of properties for sale, with an estimated market value of $439,800.

Sale prices for multifamily properties in Colonial Heights, VA average $219,900 — 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

Triplexes 2

Demographics Overview

Population 27K
Population Growth (5Y) +7.8%
Median Household Income $82,314
College Educated 40.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23834 $219.9K

Taxes & Financing

Tax Rate (average for all types) 1.07%
Property Tax per SF $12.83 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Colonial Heights fall within the 25,000 to 50,000 square foot range.

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