Multifamily

Williamsburg, VA Multifamily Properties for Sale

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Surry, VA Elberon, VA Smithfield, VA Spring Grove, VA Dendron, VA Toano, VA Charles City, VA Claremont, VA
Renovated Two-Residence Multifamily Property
Updated: Jul 26
Renovated Two-Residence Multifamily Property

207 Neck O Land Rd, Williamsburg, VA 23185

$677,000
3.00 AC lot
Nearly 3 acres with two separate ranch residences
205 residence: 1,350 sq ft, 2 bedrooms, 2 full baths; renovated in 2008
207 residence: 1,450 sq ft, 3 bedrooms, 2 full baths; renovated in 2025
JCC‑permitted updates include plumbing, electrical, roofing, HVAC, siding, and appliances
Primary suites in both residences; 205 includes a fenced yard and 207 has a composite front porch
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Renovated Duplex with Two Ranch Homes
Updated: May 2
Renovated Duplex with Two Ranch Homes

205-207 Neck O Land Rd, Williamsburg, VA 23185

Contact for pricing
2,790 sqft
Nearly 3 private acres with two renovated ranch homes generating $4,000/month
205 residence: renovated in 2008 with 1,350 SF, 2BR/2BA, granite‑tiled baths, and fenced yard
207 residence: renovated in 2025 with 1,450 SF, 3BR/2BA, and a composite front porch
Both homes include primary suites; extensive renovations include updated plumbing, electrical, insulation, drywall, roofing, HVAC, siding, and appliances (JCC permitted)
Detached building on slab; detached buildings and sheds sold as‑is
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Resort Property with Pool
Resort Property with Pool

220 House of Burgesses Way, Williamsburg, VA 23185

Contact for pricing

Multi-building hospitality asset with private kitchens, outdoor unit spaces, parking, and recreational amenities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 3 Active listings in Williamsburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 2 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.

Mixed-Use Property with Rental Units
Mixed-Use Property with Rental Units

12910 John Clayton Memorial Highway, North, VA 23128

$425,000
2.97 AC lot

Combines remodeled residential units with a separate shop and detached garage for live/work flexibility.

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Newport News Multifamily Investment Opportunity
Newport News Multifamily Investment Opportunity

10710 Jefferson Ave, Newport News, VA 23601

Contact for pricing
11,050 sqft 0.32 AC lot

Seventeen-unit portfolio in Newport News, Virginia.

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Remodeled Duplex with Detached Shop
Remodeled Duplex with Detached Shop

12910 John Clayton Mem Highway, North, VA 23128

$425,000
2,574 sqft 2.97 AC lot

Two residential units accompany a separate shop, garage, and fenced grounds.

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Waterfront Commercial Land
Waterfront Commercial Land

14375 Old Courthouse Way, Newport News, VA 23608

$59,600
0.34 AC lot

C1 Retail Commercial zoning includes retail sales, with additional business categories subject to possible conditional approval.

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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.

Gloucester Land Parcel For Sale
Gloucester Land Parcel For Sale

10.88 AC Beech Creek Road, Gloucester, VA 23061

$125,000
10.88 AC lot

10.88 acre wooded building lot in Gloucester County, Virginia.

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Land in Church View, VA
Land in Church View, VA

Wares Bridge, Church View, VA 23032

$39,900

Wooded land with road frontage, mobile homes permitted.

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Off-Market Properties in Williamsburg, VA

Consider similar Off-Market properties in Williamsburg, 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.

5228 Newman Rd
CAMPGROUND, RV PARK

5228 Newman Rd, Williamsburg, VA 23188-9334

$2,685,000
Estimated value
1.40 AC lot
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115 Fenton Ml Rd
MOBILE HOME PARK, TRAILER PARK

115 Fenton Ml Rd, Williamsburg, VA 23188-2209

$135,000
Estimated value
1,781 sqft 6.56 AC lot
View details
701 Lightfoot Rd
CAMPGROUND, RV PARK

701 Lightfoot Rd, Williamsburg, VA 23188-9013

$6,710,000
Estimated value
168.23 AC lot
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901 Lightfoot Rd
CAMPGROUND, RV PARK

901 Lightfoot Rd, Williamsburg, VA 23188-9018

$6,710,000
Estimated value
32.04 AC lot
View details
414 Dunning St
APARTMENT HOUSE (5+ UNITS)

414 Dunning St, Williamsburg, VA 23185-3657

$305,000
Estimated value
1,768 sqft 0.23 AC lot
View details
223 Virginia Ave
APARTMENT HOUSE (5+ UNITS)

223 Virginia Ave, Williamsburg, VA 23185-3576

$285,000
Estimated value
2,048 sqft 0.16 AC lot
View details
103 Schenck Dr
MOBILE HOME PARK, TRAILER PARK

103 Schenck Dr, Williamsburg, VA 23188-2122

$280,000
Estimated value
672 sqft 1.03 AC lot
View details
706 Pollard Park
APARTMENT HOUSE (5+ UNITS)

706 Pollard Park, Williamsburg, VA 23185-4000

$285,000
Estimated value
2,949 sqft 0.13 AC lot
View details
4000 Newman Rd
CAMPGROUND, RV PARK

4000 Newman Rd, Williamsburg, VA 23188-2188

$375,000
Estimated value
2,881 sqft 66.52 AC lot
View details
5210 Newman Rd
CAMPGROUND, RV PARK

5210 Newman Rd, Williamsburg, VA 23188

$470,000
Estimated value
2,507 sqft 38.41 AC lot
View details
1319 Mt Vernon Ave
APARTMENT HOUSE (5+ UNITS)

1319 Mt Vernon Ave, Williamsburg, VA 23185-7153

$345,000
Estimated value
10,116 sqft 0.72 AC lot
View details
1316 Mt Vernon Ave
APARTMENT HOUSE (5+ UNITS)

1316 Mt Vernon Ave, Williamsburg, VA 23185-7158

$315,000
Estimated value
8,028 sqft 1.31 AC lot
View details
294 Ironbound Rd
APARTMENT HOUSE (5+ UNITS)

294 Ironbound Rd, Williamsburg, VA 23188-2673

$255,000
Estimated value
5,040 sqft 0.46 AC lot
View details
702 Henry St
APARTMENT HOUSE (UNDER 5 UNITS)

702 Henry St, Williamsburg, VA 23185-4128

$250,000
Estimated value
3,952 sqft 0.42 AC lot
View details
110 Fenton Ml Rd
MOBILE HOME PARK, TRAILER PARK

110 Fenton Ml Rd, Williamsburg, VA 23188-2220

$285,000
Estimated value
11.50 AC lot
View details
201 Cary St
APARTMENT HOUSE (5+ UNITS)

201 Cary St, Williamsburg, VA 23185-4063

$285,000
Estimated value
2,682 sqft 0.16 AC lot
View details
112 Indian Spgs Rd
APARTMENT HOUSE (5+ UNITS)

112 Indian Spgs Rd, Williamsburg, VA 23185-3951

$350,000
Estimated value
9,052 sqft 0.94 AC lot
View details

Williamsburg, VA Multifamily Properties Market Trends and Statistics

Explore 20 multifamily properties for sale in Williamsburg, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,790 square feet of properties for sale, with an estimated market value of $677,000.

Sale prices for multifamily properties in Williamsburg, VA average $677,000 — 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 1
Duplexes 1

Demographics Overview

Population 100K
Population Growth (5Y) +8.5%
Median Household Income $102,407
College Educated 30.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23185 $677K

Taxes & Financing

Tax Rate (average for all types) 0.74%
Property Tax per SF $10.18 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

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

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