Norfolk, VA Multifamily properties for sale

Updated: Jul 8

6-Unit Bayfront Multifamily Property

840 W Ocean View Avenue, Norfolk, VA 23503

$1,600,000

4,020 sqft

Six units across a bayfront duplex and adjoining fourplex
4,020 square feet across the two properties
Direct beach access and Chesapeake Bay views
R‑12 zoning
Built in 1984

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Updated: Oct 5

Updated Duplex with Detached Garage

1139 E Leicester Avenue, Norfolk, VA 23503

$500,000

2,400 sqft

Two units, each with 3 bedrooms and 2 full bathrooms
2,400 square feet in a building constructed in 1931
Detached storage garage
One unit is vacant; the other has been tenant‑occupied since 2021 on a month‑to‑month basis
2022 work included roof, windows, electrical, downstairs HVAC, flooring, appliances, and paint

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Waterfront Duplex with Garage Apartment

937 Little Bay Avenue, Norfolk, VA 23503

$575,000

1,600 sqft

Waterfront duplex with a detached apartment, private beach, and off-street parking.

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Mixed-Use Property with Retail

5010 Princess Anne Rd E, Norfolk, VA 23502

$2,149,849

17,500 sqft

Two-level configuration combines commercial spaces with residential tenants in an established Norfolk property.

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Two-Unit Duplex with Garages

8100 Turner Road, Norfolk, VA 23518

$600,000

2,192 sqft

Separate living, dining, kitchen, and laundry areas serve each residence.

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Duplex with Separate Yards

1551 Spruce Street, Norfolk, VA 23502

$280,000

2,100 sqft

Each residence has its own backyard area, and occupants are responsible for utilities.

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Individually Metered Quadplex

410 W 28th Street, Norfolk, VA 23508

$675,000

3,700 sqft

The four residences are configured in an over-under layout.

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Renovated Multifamily Building Near Ocean

350 Staten St, Norfolk, VA 23503

$1,390,000

3,700 sqft

Fully renovated, eight-unit apartment building near Ocean View Pier.

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Two-Unit Brick Duplex

911 Mildred Street, Norfolk, VA 23518

$330,000

1,600 sqft

Both residences are occupied and have separate utility meters.

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Two-Unit Residential Duplex

4885 Kennebeck Avenue, Norfolk, VA 23513

$260,000

1,450 sqft

Separate upper and lower residences offer distinct bedroom and kitchen layouts.

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Updated Duplex with Private Yards

1012 Balview Ave, Norfolk, VA 23503

$525,000

2,656 sqft

Two residential units provide three bedrooms, two baths, and individual backyard space.

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Side-by-Side Duplex with Creek

4204 Mayflower Road, Norfolk, VA 23508

$256,000

1,600 sqft

As-is two-unit property with R-8 zoning and renovation potential.

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Two-Unit Side-by-Side Duplex

1557 Birch Street, Norfolk, VA 23502

$257,000

1,590 sqft

Both residences have two bedrooms and one full bathroom, with separate HVAC systems replaced in different years.

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Side-by-Side Duplex with Separate Yards

1551 Spruce St, Norfolk, VA 23502

$280,000

2,100 sqft

Two units provide distinct bedroom and bathroom layouts, and tenants pay their own utilities.

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Side-by-Side Duplex

606 Walker Avenue, Norfolk, VA 23523

$295,000

1,676 sqft

Separate meters and a mix of leased and vacant occupancy support flexible use of the two residences.

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Over-Under Duplex

119 Beechwood Avenue, Norfolk, VA 23505

$150,000

2,024 sqft

A fenced residential income property is offered as-is, with the seller making no repairs.

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Duplex with Shared Laundry

652 Dune St, Norfolk, VA 23503

$297,500

1,900 sqft 0.80 AC lot

The building has a two-level layout with separate 3-bedroom and 1-bedroom residences.

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Over-Under Duplex

652 Dune Street, Norfolk, VA 23503

$297,500

1,900 sqft

Two residential units include a shared laundry room on the ground level.

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Quadplex with In-Unit Laundry

840 W Ocean View Ave, Norfolk, VA 23503

$1,600,000

4,020 sqft

Four-unit rental property near Chesapeake Bay, beaches, shopping, dining, and major military installations.

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Updated Two-Unit Duplex

717 W 35th Street, Norfolk, VA 23508

$310,000

1,680 sqft

The property combines a two-bedroom residence with a separate one-bedroom unit, offering a flexible residential layout.

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Side-by-Side Duplexes

1147 Modoc Ave, Norfolk, VA 23503

$350,000

1,446 sqft

Two-unit residential property near the beach, offering a flexible owner-occupant or rental arrangement.

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Renovated 8-Unit Apartment Building

350 Staten Street, Norfolk, VA 23503

$1,390,000

3,700 sqft 0.16 AC lot

All units are furnished and remodeled, with granite countertops, custom cabinetry, new appliances, and on-site laundry.

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Townhouse-Style Duplex

6221 Geneva Way, Norfolk, VA 23513

$339,500

1,900 sqft

Side-by-side residences are positioned on a cul-de-sac, with leases scheduled to continue through August 2027.

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Over-Under Duplex with Adjacent Lot

415 Middlesex Street, Norfolk, VA 23523

$299,900

1,580 sqft

Two separately occupied residences each offer a two-bedroom layout, with a vacant parcel included in the sale.

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Norfolk, VA Multifamily Properties Market Trends and Statistics

Explore 81 multifamily properties for sale in Norfolk, VA, showcased through 81 active listings on our real estate platform. These investment opportunities span a total of 233,979 square feet of properties for sale, with an estimated market value of $52,266,198.

Sale prices for multifamily properties in Norfolk, VA start at $150,000, averaging $687,713, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
23509	$275K
23513	$284.8K
23523	$310K
23518	$457.5K
23504	$599.3K

Neighborhood

Average Price

23509

$275K

23513

$284.8K

23523

$310K

23518

$457.5K

23504

$599.3K

Featured Norfolk Real Estate Agencies

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

Judy Boone Realty

809 E. Ocean View Avenue Norfolk, VA 23503

Phone: 17575872800