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    Suffolk, VA Multifamily Properties for Sale

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    Corapeake, NC Windsor, VA Gates, NC
    6 results
    Suffolk Duplex with Oversized Garage
    $399,999
    3,500 SF

    Suffolk Duplex with Oversized Garage

    421 Hollywood Avenue, Suffolk, VA 23434

    Well-maintained Suffolk duplex with income potential and oversized garage.

    • Over 3400 sq ft of living space with potential to convert to a single‑family residence.
    • Oversized 4‑car garage with two separate entrances for storage, workshop, or revenue potential.
    • Spacious second‑floor unit (owner‑occupied) featuring 4 bedrooms, 2 full baths, newer stainless appliances, and a private primary suite.
    • First‑floor unit (tenant‑occupied) with 2 bedrooms and 1 full bath, providing immediate rental income.
    • Ideal for investors or owner‑occupants with multi‑generational living options (in‑law suite).
    Updated: Feb 23
    View details
    Suffolk Duplex For Sale
    $369,000
    2,280 SF

    Suffolk Duplex For Sale

    4617 Hardy Court, Suffolk, VA 23435

    Income-producing duplex in high-demand location with immediate cash flow.

    • Income‑producing duplex offering immediate cash flow
    • High‑demand location with waterfront features
    • Current annual gross income: $40,017
    • Recently remodeled for modern appeal
    • Newer roof provides peace of mind
    Updated: Apr 9
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    Suffolk Duplex Investment Opportunity
    $295,000
    2,567 SF

    Suffolk Duplex Investment Opportunity

    Two-unit duplex in downtown Suffolk with strong rental potential.

    216 Grace Street, Suffolk, VA 23434
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    Suffolk Duplex with Renovation Potential
    $149,000
    2,000 SF

    Suffolk Duplex with Renovation Potential

    Duplex in Suffolk, VA, partially renovated, ready for completion.

    220 N Lloyd Street, Suffolk, VA 23434
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    Development Opportunity in Suffolk, Virginia
    Contact for pricing

    Development Opportunity in Suffolk, Virginia

    Two-story buildings with additional acreage for future development.

    200 Kilby Shores Dr, Suffolk, VA 23434
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    Duplex with Renovations in Progress
    $149,000
    2,000 SF

    Duplex with Renovations in Progress

    Duplex for sale with significant renovations underway.

    220 N Lloyd Street, Suffolk, VA 23434
    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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, 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.

    Portsmouth Quadplex: Cash-Flow Opportunity
    $300,000
    4,000 SF

    Portsmouth Quadplex: Cash-Flow Opportunity

    Quadplex in Portsmouth, VA, with cash-flow potential.

    73 Decatur Street, Portsmouth, VA 23702
    View details
    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.

    1300 Bainbridge Boulevard, Chesapeake, VA 23324
    View details
    Portsmouth Duplex with Income Potential
    $210,000
    1,590 SF

    Portsmouth Duplex with Income Potential

    Occupant-ready duplex in Portsmouth, offering an appealing capitalization rate.

    163 Choate Street, Portsmouth, VA 23707
    View details
    Chesapeake Duplex on Corner Lot
    $389,900
    1,624 SF

    Chesapeake Duplex on Corner Lot

    Rare duplex opportunity with income potential in Chesapeake, Virginia.

    2300 Battery Park Road, Chesapeake, VA 23323
    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.

    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
    10.88 Acre Wooded Building Lot
    $135,000
    10.88 Acres

    10.88 Acre Wooded Building Lot

    10.88 acre wooded lot in Gloucester County, Virginia.

    10.88 AC Beech Creek Road, Gloucester, VA 23061
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    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 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

    3872 Pughsville Rd

    MOBILE HOME PARK, TRAILER PARK • 2,417 SF
    Value Estimation by Request
    3872 Pughsville Rd, Suffolk, VA 23435-2407
    View details
    3878 Pughsville Rd

    3878 Pughsville Rd

    MOBILE HOME PARK, TRAILER PARK • 2,417 SF
    Value Estimation by Request
    3878 Pughsville Rd, Suffolk, VA 23435-2407
    View details

    Suffolk, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 8 multifamily properties for sale in Suffolk, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,347 square feet of properties for sale, with an estimated market value of $1,361,999.

    Sale prices for multifamily properties in Suffolk, VA start at $149,000, averaging $272,399, and reaching up to $399,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 5
    Apartment buildings 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    23434 $242.6K
    23435 $369K

    Taxes & Financing

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

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