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    Cape Charles, VA
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    Cape Charles, VA Residential Income Properties for Sale

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    Cheriton, VA Capeville, VA Eastville, VA
    Turnkey Duplex Investment Opportunity
    $899,000
    3,072 SF

    Turnkey Duplex Investment Opportunity

    521 Monroe Avenue, Cape Charles, VA 23310

    Fully renovated duplex in historic Cape Charles with strong rental income.

    • Turnkey duplex investment opportunity with established vacation rental history and strong income potential.
    • Fully renovated in 2020 with all furniture, appliances, and decor conveying.
    • Two identical units, each with 3 bedrooms and 2 full baths.
    • Minutes from public beach access, local shops, restaurants, and entertainment.
    • Includes modern amenities: stainless appliances, in‑unit washers & dryers, central HVAC, and double‑pane windows.
    Updated: May 12
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    Retail Space Restaurant Conversion Ready
    $290,000
    3,150 SF

    Retail Space Restaurant Conversion Ready

    21229 S. Bayside Rd., Cape Charles, VA 23310

    Prime retail space suitable for restaurant conversion near downtown.

    • Ready for restaurant conversion with potential for 70 guests.
    • Prime location: 5 minutes from downtown Cape Charles and less than a mile from a major highway.
    • Potential for covered outdoor seating (subject to permits).
    • Opportunity to build two apartments above the retail space.
    • Suitable for various dining concepts (fine dining, casual, cafe, bar).
    Updated: Aug 27, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Cape Charles, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Poquoson Income-Producing Property
    $1,995,000
    5,290 SF

    Poquoson Income-Producing Property

    13-unit property on 2.08 acres in Poquoson, Virginia.

    1221 Poquoson Avenue, Poquoson, VA 23662
    View details
    Hampton Duplex Ready for Occupancy
    $285,000
    1,571 SF

    Hampton Duplex Ready for Occupancy

    Move-in/rent-ready duplex in Hampton, VA. Ideal investment opportunity.

    12 Tennis Lane, Hampton, VA 23663
    View details
    Turn-Key Two-Story Home
    $299,900
    0.08 Acres

    Turn-Key Two-Story Home

    Move-in ready 3-bedroom home near parks and beaches.

    108 E Howard St, Hampton, VA 23663
    View details
    Poquoson Mixed-Use Development For Sale
    $4,900,000
    20,000 SF

    Poquoson Mixed-Use Development For Sale

    Mixed-use property with retail, office, and residential units.

    200 Fountains Ln, Poquoson, VA
    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.

    Cape Charles Building Lot
    $99,000
    0.25 Acres

    Cape Charles Building Lot

    Building lot in gated community, close to amenities.

    BRIDGETON DRIVE lot: 34, Cape Charles, VA 23310
    View details
    Cleared Lot in Gated Community
    $150,000
    0.21 Acres

    Cleared Lot in Gated Community

    Cleared lot in bayside gated community with amenities.

    KINGS CT lot: 154, Cape Charles, VA 23310
    View details
    Waterfront Homesite in Cape Charles
    $919,900
    1.47 Acres

    Waterfront Homesite in Cape Charles

    1.4-acre waterfront homesite with Bay Creek amenities.

    124 CREEKSIDE LN lot: 19, Cape Charles, VA 23310
    View details
    Golf Course Lot in Bay Creek
    $315,000
    0.28 Acres

    Golf Course Lot in Bay Creek

    Premier lot for custom home with golf course views.

    227 MUIRFIELD DRIVE lot: 14, Cape Charles, VA 23310
    View details

    Cape Charles, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Cape Charles, VA on our real estate platform. These investment opportunities span a total of 6,222 square feet of properties for sale, with an estimated market value of $1,189,000.

    Sale prices for residential income properties in Cape Charles, VA start at $290,000, averaging $594,500, and reaching up to $899,000 — 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

    Duplexes 1
    Multifamily properties 1
    Short term rental properties 1

    Demographics Overview

    Population 4,934
    Population Growth (5Y) +8.5%
    Median Household Income $53,482
    College Educated 46.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23310 $594.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.76%
    Property Tax per SF $37.11 per sq ft
    Average Loan-to-Value 65.0%

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