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    Newport News, VA Multifamily Properties for Sale

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    12 properties
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    Renovated Duplex
    Updated: Oct 5
    Renovated Duplex

    739 18th Street, Newport News, VA 23607

    $236,000
    1,200 sqft
    1,200‑square‑foot duplex in Newport News
    Rehabbed in 2024
    One of the two units is tenant‑occupied
    Built in 1940 with a shingle roof
    Zoned R4
    View details
    Two-Unit Residential Duplex
    Updated: Sep 4
    Two-Unit Residential Duplex

    556 Bellwood Road, Newport News, VA 23607

    $270,000
    1,000 sqft
    1,000‑square‑foot duplex built in 1938
    Unit A has 2 bedrooms, 1 bathroom, and an additional room
    Unit B has 1 bedroom, 1 bathroom, and a great room
    Central air in both units; separate electrical and gas meters
    Water service is shared between the units
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    Two-Unit Residential Duplex
    Two-Unit Residential Duplex

    1121 35th Street, Newport News, VA 23607

    $159,900
    1,518 sqft

    Each residence has a two-bedroom, one-bathroom layout and its own entrance.

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    See hot listings in Newport News

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Two-Unit Duplex with Separate Meters
    Two-Unit Duplex with Separate Meters

    556 Bellwood Rd #A, Newport News, VA 23607

    $270,000
    1,000 sqft

    Tenant-occupied duplex with central air, independent electrical and gas service, and shared water between the units.

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    Duplex with Updated HVAC
    Duplex with Updated HVAC

    716 31st Street, Newport News, VA 23607

    $240,000
    1,680 sqft

    Separate utility meters support independent billing for the two residences.

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    C1-Zoned Commercial Land
    C1-Zoned Commercial Land

    14375 Old Courthouse Way, Newport News, VA 23608

    $59,600
    0.34 AC lot

    The parcel’s retail-commercial zoning allows a range of retail businesses, with other uses potentially requiring conditional approval.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Two-Unit Duplex with Separate Entrances
    Two-Unit Duplex with Separate Entrances

    1121 35th St, Newport News, VA 23607

    $159,900
    1,518 sqft

    Two residential units feature modern kitchens, contemporary baths, and independent entrances.

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    Updated Duplex with Separate Utilities
    Updated Duplex with Separate Utilities

    732 30th St, Newport News, VA 23607

    $287,000
    1,494 sqft

    Two-unit residential property with refreshed interiors, individual utility metering, and washer/dryer connections in each residence.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    1038 28th St, Newport News, VA 23607

    $194,900
    1,200 sqft

    Two residential units each offer two bedrooms and one full bathroom in a longstanding multifamily property.

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    Newport News Multifamily Investment Opportunity
    Newport News Multifamily Investment Opportunity

    10710 Jefferson Ave, Newport News, VA 23601

    Contact for pricing
    11,050 sqft 0.32 AC lot

    Seventeen-unit portfolio in Newport News, Virginia.

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    Two-Unit Duplex
    Two-Unit Duplex

    A-556 Bellwood Rd, Newport News, VA 23601

    $270,000

    Both residences have central air, with separate gas and electrical meters and shared water service.

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    Duplex with Multiple Living Areas
    Duplex with Multiple Living Areas

    Newport News, VA 23602

    $255,000

    Two residential units provide separate living arrangements for occupants or rental use.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Newport News, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Renovated Over-Under Duplex
    Renovated Over-Under Duplex

    10361 Center Street, Carrollton, VA 23314

    $445,000
    1,840 sqft

    Two separate residences offer distinct layouts, with the upper home recently updated.

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    Duplex on Large Lot
    Duplex on Large Lot

    2508 Shell Road, Hampton, VA 23661

    $285,000
    2,208 sqft

    The property is offered in its current condition, with buyers responsible for evaluating its condition and permitted use.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    329 S Armistead Ave, Hampton, VA 23669

    $425,000
    2,460 sqft

    Four updated apartments share a covered front porch and off-street parking near downtown and the waterfront.

    View details
    Renovated Over-Under Duplex
    Renovated Over-Under Duplex

    10361 Center St, Carrollton, VA 23314

    $445,000
    1,840 sqft 0.50 AC lot

    Two-unit residential property with separate living spaces and an updated upper residence.

    View details

    Off-Market Properties in Newport News, VA

    Consider similar Off-Market properties in Newport News, 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.

    201 Kingstowne Rd
    APARTMENT HOUSE (5+ UNITS)

    201 Kingstowne Rd, Newport News, VA 23606

    Estimated value:
    $14,265,000
    4,230 sqft 18.66 AC lot
    View details
    501 Waters Edge Dr
    APARTMENT HOUSE (5+ UNITS)

    501 Waters Edge Dr, Newport News, VA 23606-0030

    Estimated value: by Request
    5,623 sqft 25.00 AC lot
    View details
    13304 De Wald Cir
    APARTMENT HOUSE (5+ UNITS)

    13304 De Wald Cir, Newport News, VA 23602-5709

    Estimated value: by Request
    2,780 sqft 16.48 AC lot
    View details
    1100 William Styron S Sq
    APARTMENT HOUSE (5+ UNITS)

    1100 William Styron S Sq, Newport News, VA 23606-2877

    Estimated value:
    $1,795,000
    4,475 sqft 1.56 AC lot
    View details
    96 31st St
    APARTMENT HOUSE (5+ UNITS)

    96 31st St, Newport News, VA 23607-3344

    Estimated value:
    $5,410,000
    100 sqft 0.17 AC lot
    View details
    82 30th St
    APARTMENT HOUSE (5+ UNITS)

    82 30th St, Newport News, VA 23607-3818

    Estimated value:
    $19,085,000
    600 sqft 0.17 AC lot
    View details
    85 29th St
    APARTMENT HOUSE (5+ UNITS)

    85 29th St, Newport News, VA 23607-3820

    Estimated value:
    $5,410,000
    450 sqft 1.39 AC lot
    View details
    614 Peninsula Dr
    APARTMENT HOUSE (5+ UNITS)

    614 Peninsula Dr, Newport News, VA 23605-2928

    Estimated value: by Request
    100 sqft 35.50 AC lot
    View details
    900 Old Ml Ct
    APARTMENT HOUSE (5+ UNITS)

    900 Old Ml Ct, Newport News, VA 23602

    Estimated value:
    $280,000
    100 sqft 6.10 AC lot
    View details
    307 Saint Thomas Dr
    APARTMENT HOUSE (5+ UNITS)

    307 Saint Thomas Dr, Newport News, VA 23606-4365

    Estimated value:
    $38,250,000
    4,432 sqft 20.73 AC lot
    View details
    100 Riv Trce Way
    APARTMENT HOUSE (5+ UNITS)

    100 Riv Trce Way, Newport News, VA 23602-5564

    Estimated value:
    $305,000
    2,414 sqft 3.20 AC lot
    View details
    520 Logan Pl
    APARTMENT HOUSE (5+ UNITS)

    520 Logan Pl, Newport News, VA 23601-3338

    Estimated value:
    $57,000,000
    100 sqft 0.34 AC lot
    View details

    Newport News, VA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Newport News, VA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 21,660 square feet of properties for sale, with an estimated market value of $2,402,300.

    Sale prices for multifamily properties in Newport News, VA start at $59,600, averaging $218,390, and reaching up to $287,000 — 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

    Duplexes 10
    Apartment buildings 2

    Demographics Overview

    Population 188K
    Population Growth (5Y) -3.4%
    Median Household Income $66,006
    College Educated 28.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23608 $59.6K
    23607 $240.7K
    23602 $255K
    23601 $270K
    23605 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $18.38 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport News city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Newport News, VA

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    Most Searched ZIP Codes in Newport News, VA

    • 23607
    • 23601
    • 23602
    • 23608

    Featured Newport News Real Estate Agencies

    Realmo connects you with licensed Newport News CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Peninsula Realty Group, Inc./ RE/MAX Elevate
    744 Thimble Shoals Blvd Newport News, VA 23606
    Phone: (757) 873-3636
    www.remaxelevatesells.com
    garrett Realty Partners
    11864 Canon Blvd Ste 103 Newport News, VA 23606
    Phone: (757) 873-1002
    www.garrettrealtypartners.com
    Greggarrettrealty.com
    11864 Canon Blvd, Suite 103 Newport News, VA
    Phone: (757) 534-7500
    Why this one?
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