Add Listing
    Newport News, VA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Newport News, VA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Hampton, VA Gloucester, VA Yorktown, VA
    7 results
    Former YMCA Commercial Building
    $299,900
    5,415 SF
    Former YMCA Commercial Building

    2702 Orcutt Avenue, Newport News, VA 23607

    Commercial building in Newport News with revitalization potential.
    • Versatile commercial building suitable for various uses
    • High potential for revitalization and investment opportunity
    • Located blocks away from Whittaker Place
    • Former YMCA building
    • Potential for 10+ Apartment Complex
    Updated: Feb 23
    View details
    Newport News Mobile Home Park
    $2,599,999
    2,431 SF
    Newport News Mobile Home Park

    5115 Jefferson Avenue, Newport News, VA 23605

    Mobile home park with lots and apartments for sale.
    • 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.
    Updated: Dec 17, 2025
    View details
    Newport News Duplex Investment
    $240,000
    1,680 SF
    Newport News Duplex Investment

    Well-maintained duplex with leases secured through 2027 in Newport News.

    716 31st Street, Newport News, VA 23607

    View details
    Residential Portfolio in Excellent Location
    $750,000
    0.34 Acres
    Residential Portfolio in Excellent Location

    Five properties in prime location with value-add potential.

    2 Colonial Place, Newport News, VA 23601

    View details
    Seventeen-Unit Multifamily Portfolio
    $1,700,000
    0.32 Acres
    Seventeen-Unit Multifamily Portfolio

    Seventeen units in Newport News, Virginia.

    10710 Jefferson Ave, Newport News, VA 23601

    View details
    Colony Square Apartments Portfolio
    Contact for pricing
    4.27 Acres
    Colony Square Apartments Portfolio

    Ninety-two unit apartment portfolio in Newport News, Virginia.

    52 Colony Square Ct, Newport News, VA 23602

    View details
    Newport News Multifamily Investment Opportunity
    $1,700,000
    11,050 SF
    Newport News Multifamily Investment Opportunity

    Seventeen-unit portfolio in Newport News, Virginia.

    10710 Jefferson Ave, Newport News, VA 23601

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Newport News, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Poquoson Income-Producing Property
    $1,995,000
    5,290 SF
    Poquoson Income-Producing Property

    13-unit property on 2.08 acres in Poquoson, Virginia.

    1221 Poquoson Avenue, Poquoson, VA 23662

    View details
    Commercial Building with Residential Income
    $575,000
    0.34 Acres
    Commercial Building with Residential Income

    Two-story commercial building with apartments and warehouse near I-664.

    2538 W Pembroke AVE, Hampton, VA 23661

    View details
    Mixed-Use Building Near I-664
    $575,000
    5,100 SF
    Mixed-Use Building Near I-664

    Two-story commercial building with apartments and warehouse near I-664.

    2538 W Pembroke Avenue, Hampton, VA 23661

    View details
    7.9 Acres Mixed-Use Development Land
    $2,650,000
    7.90 Acres
    7.9 Acres Mixed-Use Development Land

    7.9 acres of land approved for mixed-use development.

    200 Fountains Ln, Poquoson, VA 23662

    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.

    Land in Church View, VA
    $39,900
    Land in Church View, VA

    Wooded land with road frontage, mobile homes permitted.

    Wares Bridge, Church View, VA 23032

    View details
    Residential Land in Murfreesboro, NC
    $60,000
    3.09 Acres
    Residential Land in Murfreesboro, NC

    3.09 acres of unrestricted land for residential development.

    Wise Store Rd. Lot 1, Murfreesboro, NC 27855

    View details
    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

    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)
    4,230 SF Lot: 18.66 Acres
    Value Estimation by Request

    201 Kingstowne Rd, Newport News, VA 23606

    View details
    501 Waters Edge Dr
    APARTMENT HOUSE (5+ UNITS)
    5,623 SF Lot: 25.00 Acres
    Value Estimation by Request

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

    View details
    13304 De Wald Cir
    APARTMENT HOUSE (5+ UNITS)
    2,780 SF Lot: 16.48 Acres
    Value Estimation by Request

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

    View details
    1100 William Styron S Sq
    APARTMENT HOUSE (5+ UNITS)
    4,475 SF Lot: 1.56 Acres
    Estimated value
    $1,795,000

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

    View details
    96 31st St
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 0.17 Acres
    Value Estimation by Request

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

    View details
    82 30th St
    APARTMENT HOUSE (5+ UNITS)
    600 SF Lot: 0.17 Acres
    Value Estimation by Request

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

    View details
    85 29th St
    APARTMENT HOUSE (5+ UNITS)
    450 SF Lot: 1.39 Acres
    Value Estimation by Request

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

    View details
    614 Peninsula Dr
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 35.50 Acres
    Value Estimation by Request

    614 Peninsula Dr, Newport News, VA 23605-2928

    View details
    900 Old Ml Ct
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 6.10 Acres
    Value Estimation by Request

    900 Old Ml Ct, Newport News, VA 23602

    View details
    307 Saint Thomas Dr
    APARTMENT HOUSE (5+ UNITS)
    4,432 SF Lot: 20.73 Acres
    Estimated value
    $38,250,000

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

    View details
    100 Riv Trce Way
    APARTMENT HOUSE (5+ UNITS)
    2,414 SF Lot: 3.20 Acres
    Value Estimation by Request

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

    View details
    520 Logan Pl
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 0.34 Acres
    Estimated value
    $57,000,000

    520 Logan Pl, Newport News, VA 23601-3338

    View details
    410 Logan Pl
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 1.29 Acres
    Estimated value
    $57,000,000

    410 Logan Pl, Newport News, VA 23601-3340

    View details
    559 Logan Pl
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 4.50 Acres
    Estimated value
    $57,000,000

    559 Logan Pl, Newport News, VA 23601-3324

    View details
    500 Logan Pl
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 2.21 Acres
    Estimated value
    $57,000,000

    500 Logan Pl, Newport News, VA 23601-3360

    View details
    831 Madeline Pl
    APARTMENT HOUSE (5+ UNITS)
    2,246 SF Lot: 1.49 Acres
    Estimated value
    $17,500,000

    831 Madeline Pl, Newport News, VA 23606

    View details
    47 Traverse Rd
    APARTMENT HOUSE (5+ UNITS)
    100 SF Lot: 11.10 Acres
    Estimated value
    $76,000,000

    47 Traverse Rd, Newport News, VA 23606-3532

    View details

    Newport News, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Newport News, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 20,576 square feet of properties for sale, with an estimated market value of $4,839,899.

    Sale prices for multifamily properties in Newport News, VA start at $240,000, averaging $1,209,974, 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.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 4
    Duplexes 1
    Mobile home & RV parks 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    23607 $270K
    23601 $1.4M
    23605 $2.6M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Popular Categories

    Most Searched ZIP Codes in Newport News, VA

    • 23601
    • 23607
    • 23602
    • 23605

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!