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    Suffolk, VA
    Multifamily

    Suffolk, VA Multifamily Properties for Sale

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    2-Unit Duplex
    Updated: Aug 12
    2-Unit Duplex

    104 Day St, Suffolk, VA 23434

    $218,000
    2,284 sqft
    Two‑unit duplex with 2,284 square feet total
    Each unit includes 2 bedrooms, 1 bath, and 1,142 square feet
    Located in Downtown Suffolk
    Near dining, shopping, and growing development
    Built in 1754
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    Two-Story Mixed-Use Retail Income
    Updated: Jul 11
    Two-Story Mixed-Use Retail Income

    200 E Washington St, Suffolk, VA 23434

    $1,290,000
    0.24 AC lot
    Mixed‑use property with retail space and 11 residential units across two two‑story buildings
    Unit mix: three 1BD/1BA, three 2BD/1BA, one 2BD/3BA, plus one retail space
    Buildings built in 1920 and renovated in 2005
    +/- 0.24 acres total lot size
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    Duplex with Front Porches
    Duplex with Front Porches

    204 Central Ave, Suffolk, VA 23434

    $245,000
    2,200 sqft

    Two occupied rental units include separate porches, a carport, driveway, and divided storage shed.

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    See hot listings in Suffolk

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    200-208 E Washington Street, Suffolk, VA 23434

    Contact for pricing
    18,000 sqft 0.24 AC lot

    Two-story mixed-use asset combining residential units with a dedicated retail space in Suffolk, Virginia.

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    Triplex With Conversion Potential
    Triplex With Conversion Potential

    301 S Broad St, Suffolk, VA 23434

    $199,999

    Three-unit residential property near dining and shopping, with flexibility for renovation and reconfiguration.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 5 Active listings in Suffolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Brick Triplex with Screened Porch
    Brick Triplex with Screened Porch

    3824 Turnpike Rd, Portsmouth, VA 23701

    $300,000
    2,171 sqft 0.50 AC lot

    Three-unit brick property with separate entrances, shared laundry, storage, and substantial outdoor space.

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    3-Unit Brick Triplex
    3-Unit Brick Triplex

    3824 Turnpike Road, Portsmouth, VA 23701

    $300,000
    2,171 sqft

    The largest residence is vacant, while the other two units are occupied; shared laundry and a screened porch connect two units.

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

    163 Choate St, Portsmouth, VA 23707

    $184,900
    1,396 sqft

    Single-story duplex with separate entrances and private spaces for two independently operated residential units.

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    All-Brick Duplex with Two Units
    All-Brick Duplex with Two Units

    27 Carver Circle, Portsmouth, VA 23701

    $199,000
    1,380 sqft

    Single-level property with kitchens and living/dining areas in both residences.

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    Off-Market Properties in Suffolk, VA

    Consider similar Off-Market properties in Suffolk, 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.

    3872 Pughsville Rd
    MOBILE HOME PARK, TRAILER PARK

    3872 Pughsville Rd, Suffolk, VA 23435-2407

    Estimated value:
    $465,000
    2,417 sqft 0.18 AC lot
    View details
    3878 Pughsville Rd
    MOBILE HOME PARK, TRAILER PARK

    3878 Pughsville Rd, Suffolk, VA 23435-2407

    Estimated value:
    $360,000
    2,417 sqft 0.18 AC lot
    View details

    Suffolk, VA Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Suffolk, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 22,484 square feet of properties for sale, with an estimated market value of $1,952,999.

    Sale prices for multifamily properties in Suffolk, VA start at $199,999, averaging $488,249, and reaching up to $1,290,000 — 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

    Apartment buildings 2
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 96K
    Population Growth (5Y) +5.2%
    Median Household Income $90,027
    College Educated 44.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23434 $569.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.13%
    Property Tax per SF $27.23 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Suffolk city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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