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    Newport News County, VA Multifamily Properties for Sale

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    Newport News Duplex Investment
    Updated: May 1
    Newport News Duplex Investment

    716 31st Street, Newport News, VA 23607

    $240,000
    1,680 sqft
    Duplex built in 1940
    Waterfront feature
    Each unit has LVP flooring, updated windows, and modern HVAC systems
    Utilities are separately metered for each unit
    Leases reported as secured through 2027
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    This listing looks promising.

    Here's a quick look at some key insights for

    716 31st Street, Newport News, VA 23607

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $277K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1940
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    Newport News Mobile Home Park
    Updated: Dec 17, 2025
    Newport News Mobile Home Park

    5115 Jefferson Avenue, Newport News, VA 23605

    $2,599,999
    2,431 sqft 1.93 AC lot
    Proven profitability for 18 years with the same owner.
    Net annual profit of $200,000 in recent years.**
    30 lots total, plus 3 apartments.
    Leases range from $699-$1199.
    Two units on rent‑to‑own leases.
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    Multifamily Apartment Building
    Multifamily Apartment Building

    Newport News, VA 23606

    Contact for pricing

    For-sale multifamily apartment building located at 12750 Nettles Drive in Newport News, Virginia.

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    River Park Tower Multifamily Opportunity
    River Park Tower Multifamily Opportunity

    2601 West Ave, Newport News, VA 23607

    Contact for pricing

    184-unit high-rise with James River views in Newport News.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Car Lot with Studio Rental Units
    Car Lot with Studio Rental Units

    5936 Jefferson Ave, Newport News, VA 23605

    Contact for pricing

    Established car lot plus vacant lot over an acre, with eight fully rented studio units included.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Newport News County, VA, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

    Gloucester Land Parcel For Sale
    Gloucester Land Parcel For Sale

    10.88 AC Beech Creek Road, Gloucester, VA 23061

    $125,000
    10.88 AC lot

    10.88 acre wooded building lot in Gloucester County, Virginia.

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    Land in Church View, VA
    Land in Church View, VA

    Wares Bridge, Church View, VA 23032

    $39,900

    Wooded land with road frontage, mobile homes permitted.

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    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.

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    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

    Newport News County, VA Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Newport News County, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,111 square feet of properties for sale, with an estimated market value of $2,839,999.

    Sale prices for multifamily properties in Newport News County, VA start at $240,000, averaging $1,419,999, and reaching up to $2,599,999 — 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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