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Norfolk, VA Multifamily Properties for Sale

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11 results
Bayfront Quadruplex Multifamily Investment Opportunity
$2,000,000
4,020 SF

Bayfront Quadruplex Multifamily Investment Opportunity

840 W Ocean View Avenue, Norfolk, VA 23503

Rare bayfront investment opportunity with strong income potential.

  • Rare bayfront investment opportunity on the Chesapeake Bay with strong income potential.
  • Package sale includes a bayfront duplex with private beach access and panoramic water views.
  • Duplex offers flexible options: live in one unit and rent the other, rent both, or convert to a single residence (subject to approvals).
  • Includes a well‑maintained four‑unit building providing a reliable income stream.
  • Ideal for boating, fishing, kayaking, and enjoying sunsets.
Updated: Mar 3
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Turnkey Quadplex Near the Bay
$898,000
3,200 SF

Turnkey Quadplex Near the Bay

1439 W Ocean View Avenue, Norfolk, VA 23503

Norfolk quadplex with private decks and strong rental history.

  • Turnkey quadplex with great rental history.
  • Located across the street from the bay.
  • Units A and C are fully renovated.
  • Each unit has a private deck.
  • Separate electric meters for each unit.
Updated: Jan 27
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Norfolk Quadruplex Residential Investment Property
$600,000
3,068 SF

Norfolk Quadruplex Residential Investment Property

Turnkey investment property with fully occupied units, collecting $1299 rent.

711 Easy Street, Norfolk, VA 23505
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Norfolk Quadplex Multifamily Residential Property
$1,075,000
4,400 SF

Norfolk Quadplex Multifamily Residential Property

Multifamily residential property in Norfolk, Virginia, near the beach.

9544 20th Bay & 9546 20th Bay Street, Norfolk, VA 23518
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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
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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
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Renovated Bar/Tavern with Apartments
$599,900
6,723 SF

Renovated Bar/Tavern with Apartments

Renovated bar/tavern with two apartments in historic Riverview.

4024 Granby Street, Norfolk, VA 23504
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Norfolk Multifamily Investment Opportunity
$3,375,000
32,793 SF

Norfolk Multifamily Investment Opportunity

16-unit multifamily community in Norfolk, Virginia.

230 E 40th St, Norfolk, VA 23504
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Norfolk Multifamily Investment Opportunity
$1,800,000
4,347 SF

Norfolk Multifamily Investment Opportunity

Thirteen-unit multifamily property in Norfolk, Virginia.

1208 W Ocean View Ave, Norfolk, VA 23503
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Value-Add Multifamily Opportunity
$1,500,000

Value-Add Multifamily Opportunity

12-unit multifamily property with value-add potential in Norfolk, VA.

1315 Little Bay Ave, Norfolk, VA 23503
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Balview Triplex Investment Opportunity
$289,000
1,603 SF

Balview Triplex Investment Opportunity

Income-producing triplex in Balview, close to amenities.

256 W Balview Ave, Norfolk, VA 23503
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Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 11 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property Near Downtown Norfolk
$435,000
4,000 SF

Mixed-Use Property Near Downtown Norfolk

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

1300 Bainbridge Boulevard, Chesapeake, VA 23324
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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
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Commercial Building with Apartments
$575,000
5,100 SF

Commercial Building with Apartments

Two-story commercial building with warehouse and apartments for sale.

2538 W Pembroke Avenue, Hampton, VA 23661
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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
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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.

Vacant Lot in Virginia Beach
$59,400

Vacant Lot in Virginia Beach

Vacant lot in a Mobile Home Community for sale.

1268 Hawk Avenue, Virginia Beach, VA 23453
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Waterfront RV Lot with Amenities
$289,000

Waterfront RV Lot with Amenities

Waterfront RV lot with resort-style amenities in Virginia Beach.

3665 Sandpiper Road, Virginia Beach, VA 23456
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Waterfront Resort Property Near Ocean
$360,000

Waterfront Resort Property Near Ocean

Resort property with waterfront views, amenities, and beach access.

3665 Sandpiper Road, Virginia Beach, VA 23456
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Interior RV Lot with Water Views
$195,000

Interior RV Lot with Water Views

Large RV lot with water views and resort-style amenities.

3665 Sandpiper Road, Virginia Beach, VA 23456
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Explore Off-Market Properties in Norfolk, VA

Consider similar Off-Market properties in Norfolk, 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.

7952 Woodall Rd

7952 Woodall Rd

MOBILE HOME PARK, TRAILER PARK • 0.44 Acres
Value Estimation by Request
7952 Woodall Rd, Norfolk, VA 23518
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229 Bute St

229 Bute St

HIGH-RISE APARTMENTS • 107,400 SF
Value Estimation
$21,500,000
229 Bute St, Norfolk, VA 23510-1405
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1351 Little Crk Rd

1351 Little Crk Rd

MOBILE HOME PARK, TRAILER PARK • 720 SF
Value Estimation
$1,200,000
1351 Little Crk Rd, Norfolk, VA 23518-3944
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117 City Hall Ave

117 City Hall Ave

HIGH-RISE APARTMENTS • 61,038 SF
Value Estimation
$10,925,000
117 City Hall Ave, Norfolk, VA 23510-1733
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4601 Mayflower Rd

4601 Mayflower Rd

HIGH-RISE APARTMENTS • 170,364 SF
Value Estimation
$28,610,000
4601 Mayflower Rd, Norfolk, VA 23508-2749
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6659 Virginia Bch Blvd

6659 Virginia Bch Blvd

MOBILE HOME PARK, TRAILER PARK • 1,701 SF
Value Estimation
$10,035,000
6659 Virginia Bch Blvd, Norfolk, VA 23502-3035
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3584 Argonne Ave

3584 Argonne Ave

MOBILE HOME PARK, TRAILER PARK • 644 SF
Value Estimation
$7,215,000
3584 Argonne Ave, Norfolk, VA 23509-2161
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7000 Auburn Ave

7000 Auburn Ave

HIGH-RISE APARTMENTS • 170,152 SF
Value Estimation
$40,695,000
7000 Auburn Ave, Norfolk, VA 23513-1106
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7921 Woodall Rd

7921 Woodall Rd

MOBILE HOME PARK, TRAILER PARK • 1,109 SF
Value Estimation
$950,000
7921 Woodall Rd, Norfolk, VA 23518-3453
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7928 Redmon Rd

7928 Redmon Rd

MOBILE HOME PARK, TRAILER PARK • 1.01 Acres
Value Estimation
$975,000
7928 Redmon Rd, Norfolk, VA 23518-3447
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130 Brooke Ave

130 Brooke Ave

HIGH-RISE APARTMENTS • 14,250 SF
Value Estimation
$16,740,000
130 Brooke Ave, Norfolk, VA 23510-1804
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7947 Woodall Rd

7947 Woodall Rd

MOBILE HOME PARK, TRAILER PARK • 2,800 SF
Value Estimation by Request
7947 Woodall Rd, Norfolk, VA 23518-3449
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7947 Thompson Rd

7947 Thompson Rd

MOBILE HOME PARK, TRAILER PARK • 1,053 SF
Value Estimation by Request
7947 Thompson Rd, Norfolk, VA 23518-3544
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Norfolk, VA Multifamily Properties Investment Opportunities Market Analysis

Explore 42 multifamily properties for sale in Norfolk, VA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 1,094,392 square feet of properties for sale, with an estimated market value of $80,295,000.

Sale prices for multifamily properties in Norfolk, VA start at $285,000, averaging $8,921,666, and reaching up to $21,500,000 — 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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