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    Virginia Beach, VA Multifamily Properties for Sale

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    Side-by-Side Duplex
    Updated: Sep 18
    Side-by-Side Duplex

    4308 Lee Avenue, Virginia Beach, VA 23455

    $625,000
    1,848 sqft
    Two 2BR/1BA units in 1,848 square feet
    R5R zoning; built in 1950
    Concrete block construction with stucco finish and shingle roof
    New plumbing drains run to the street; central air conditioning
    One unit has a remodeled kitchen and LVP; the other includes an office, fresh paint, and LVP throughout
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    Side-by-Side Duplex
    Updated: Oct 1
    Side-by-Side Duplex

    207 89th Street, Virginia Beach, VA 23451

    $980,000
    2,419 sqft
    Two residences: approximately 1,339 SF and 1,080 SF
    Five‑minute walk to the beach in Virginia Beach’s North End
    Larger residence has a primary suite, jetted tub, balcony, and rooftop terrace
    Second residence includes two bedrooms, a private patio, and an outdoor shower
    Separate entrances with interior connectivity between residences
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    Oceanfront 3-Unit Residential Property
    Oceanfront 3-Unit Residential Property

    316 16th Street, Virginia Beach, VA 23451

    $995,000
    2,946 sqft

    Three separate living spaces offer a range of residential configurations near the Virginia Beach Oceanfront.

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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Renovated Duplex with Ensuite Baths
    Renovated Duplex with Ensuite Baths

    1103 Cypress Ave, Virginia Beach, VA 23451

    $989,000
    2,550 sqft

    Two updated residences offer open living areas, fenced outdoor space, and rental-income functionality.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1512 Mediterranean Avenue, Virginia Beach, VA 23451

    $599,900
    1,922 sqft

    Vacant brick residence with driveway parking and updated kitchens and bathrooms.

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    Renovated Duplex
    Renovated Duplex

    1103 Cypress Avenue, Virginia Beach, VA 23451

    $989,000
    2,550 sqft

    Two separate residences feature updated interiors and fenced outdoor space in Virginia Beach.

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    Two-Unit Residential Duplex
    Two-Unit Residential Duplex

    826 13th Street, Virginia Beach, VA 23451

    $575,000
    1,568 sqft

    Both residences are leased, with current terms ending in 2027.

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

    4308 Lee Ave, Virginia Beach, VA 23455

    $625,000
    1,848 sqft

    Single-story duplex with refreshed interiors, central air, and two separate residential units near Chesapeake Bay.

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

    313 Scott Lane, Virginia Beach, VA 23451

    $395,000
    1,600 sqft

    Each residence has two bedrooms and one bath, with R5D zoning and updated kitchens.

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

    739 S Rosemont Road, Virginia Beach, VA 23452

    $375,000
    2,142 sqft

    Both residences have month-to-month tenants, with different plans regarding continued occupancy.

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    Furnished Duplex Near Beach
    Furnished Duplex Near Beach

    4401 Ocean View Ave, Virginia Beach, VA 23455

    $1,250,000
    3,536 sqft

    Updated kitchens and bathrooms support furnished short-term rental operations near beach access and local restaurants.

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    Over-Under Duplex
    Over-Under Duplex

    241 Middle Lane, Virginia Beach, VA 23454

    $350,000
    1,502 sqft

    Both residences have been remodeled and are currently rented.

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    Waterfront Land with Private Dock
    Waterfront Land with Private Dock

    3665 Sandpiper Road, Virginia Beach, VA 23456

    $389,000

    Gated resort parcel with short-term rental approval, water views, and furnished recreational improvements.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    313 Scott Ln, Virginia Beach, VA 23451

    $395,000
    1,600 sqft 0.17 AC lot

    Each residence has two bedrooms, one bathroom, and refreshed kitchens with different countertop finishes.

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    Renovated Short-Term Rental Property
    Renovated Short-Term Rental Property

    3665 Sandpiper Road, Virginia Beach, VA 23456

    $315,000

    Coastal rental property with a covered deck, private dock, and access to shared recreational amenities.

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    One-Bedroom RV Trailer
    One-Bedroom RV Trailer

    3665 Sandpiper Road, Virginia Beach, VA 23456

    $200,000

    A 2011 unit with a deck and awning is located in an RV park beside Back Bay.

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    Remodeled Duplex with Rental Flexibility
    Remodeled Duplex with Rental Flexibility

    1512 Mediterranean Ave, Virginia Beach, VA 23451

    $599,900
    1,922 sqft

    Updated kitchens, bathrooms, and flooring support owner occupancy or short- and long-term rental use.

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    RV Lot with Full Hookups
    RV Lot with Full Hookups

    3665 Sandpiper Road, Virginia Beach, VA 23456

    $185,000

    The site accommodates RVs up to 42 feet and is positioned between Back Bay and the Atlantic Ocean.

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    Multifamily Townhome Portfolio
    Multifamily Townhome Portfolio

    2007 Baltic Ave, Virginia Beach, VA 23451

    $9,950,000
    29,590 sqft

    Fee-simple ownership across a residential portfolio near the beach and boardwalk.

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    12-Unit Short-Term Rental Portfolio
    12-Unit Short-Term Rental Portfolio

    2007 Baltic Avenue, Virginia Beach, VA 23451

    $9,950,000
    29,590 sqft 0.45 AC lot

    Fee-simple townhomes within Virginia Beach’s short-term rental overlay district.

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    Duplex Property with Established Tenancy
    Duplex Property with Established Tenancy

    739 S Rosemont Rd, Virginia Beach, VA 23452

    $375,000
    2,142 sqft

    Two residences are leased month to month, with one occupant preferring to remain and the other planning to move.

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    Interior RV Lot with Water Views
    Interior RV Lot with Water Views

    3665 Sandpiper Road, Virginia Beach, VA 23456

    $195,000

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

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    2-Unit Remodeled Duplex
    2-Unit Remodeled Duplex

    241 Middle Ln, Virginia Beach, VA 23454

    $350,000
    1,502 sqft

    Both residences are remodeled and tenant-occupied, with a fenced backyard serving the ground-floor unit.

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    Multifamily Property with Driveway Parking
    Multifamily Property with Driveway Parking

    6604 Atlantic Ave, Virginia Beach, VA 23451

    $799,999
    1,450 sqft

    Rear storage space and off-street parking support the property's residential configuration.

    View details
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    Virginia Beach, VA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Virginia Beach, VA, showcased through 37 active listings on our real estate platform. These investment opportunities span a total of 95,891 square feet of properties for sale, with an estimated market value of $41,426,799.

    Sale prices for multifamily properties in Virginia Beach, VA start at $185,000, averaging $1,119,643, and reaching up to $9,950,000 — 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

    Duplexes 16
    Mobile home & RV parks 11
    Short term rental properties 9
    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 457K
    Population Growth (5Y) +8.7%
    Median Household Income $92,332
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23452 $375K
    23456 $539.4K
    23454 $639K
    23455 $833.3K
    23451 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.98%
    Property Tax per SF $10.26 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Virginia Beach city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Popular Searches in Virginia Beach, VA

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    Most Searched ZIP Codes in Virginia Beach, VA

    • 23456
    • 23451
    • 23454
    • 23455
    • 23452

    Featured Virginia Beach Real Estate Agencies

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

    Atkinson Realty
    210 40th Street Virginia Beach, VA 23451
    Phone: 17574252500
    www.atkinsonrealtysales.com
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