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    Chesapeake, VA Residential Income Properties for Sale

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    Virginia Beach, VA Norfolk, VA Portsmouth, VA
    8 results
    Mixed-Use Building with Rental Units
    $435,000
    4,000 SF
    Mixed-Use Building with Rental Units

    1300 Bainbridge Boulevard, Chesapeake, VA 23324

    Fully rented mixed-use property with two retail spaces and three apartments, supported by five electric meters.
    • Mixed‑use property built in 1920 with two commercial spaces and three residential apartments
    • Fully rented with gross monthly rents totaling $3,825
    • Five separate electricity meters
    • Owner occupies an additional office space with half bath and separate entrance
    • Natural gas/forced air and heat pump heating; central air plus wall/window A/C units
    Updated: Sep 26, 2025
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    Chesapeake Duplex Investment Opportunity
    $230,000
    2,345 SF
    Chesapeake Duplex Investment Opportunity

    1136 Jackson Avenue, Chesapeake, VA 23324

    Duplex in South Norfolk with income potential near major interstates.
    • Income‑producing duplex featuring two units, each with 2 bedrooms and 1 bathroom.
    • Excellent location near major interstates, Jordan Bridge, shipyard, and downtown Norfolk and Portsmouth.
    • Opportunity to renovate and maximize rental income.
    • Live in one unit and rent out the other.
    • Priced with renovation potential in mind.
    Updated: Apr 24
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    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

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    Updated Condo with Two Suites
    $320,000
    1,870 SF
    Updated Condo with Two Suites

    Updated condo featuring two primary suites and modern amenities.

    745 Lacy Oak Drive, Chesapeake, VA 23320

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    Like-New Chesapeake Townhome-Style Condo
    $370,000
    1,739 SF
    Like-New Chesapeake Townhome-Style Condo

    Spacious 3 bed, 2.5 bath condo in luxury Chesapeake community.

    1212 Parkley Drive, Chesapeake, VA 23320

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    Luxury Multifamily Community in Chesapeake
    Contact for pricing
    Luxury Multifamily Community in Chesapeake

    Luxury multifamily community in Chesapeake's Edinburgh neighborhood, offering immediate scale.

    236 Red Knot Way, Chesapeake, VA 23322

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    Renovated Chesapeake Property For Sale
    $209,900
    972 SF
    Renovated Chesapeake Property For Sale

    Renovated Chesapeake property with new features and convenient location.

    613 Harbour North Drive, Chesapeake, VA 23320

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    Commercial Land with Rental Income
    $1,250,000
    1.32 Acres
    Commercial Land with Rental Income

    1.32 acres with rental income and redevelopment potential.

    2060 S Military Hwy, Chesapeake, VA

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Chesapeake, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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 Duplex with Renovation Potential
    $120,000
    1,800 SF
    Portsmouth Duplex with Renovation Potential

    1930s duplex in Portsmouth, ready for transformation and renovation.

    1925 Elm Avenue, Portsmouth, VA 23704

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    Portsmouth Duplex on Oversized Lot
    $189,999
    1,420 SF
    Portsmouth Duplex on Oversized Lot

    Duplex in Portsmouth with potential for expansion.

    2200 Pearl Street, Portsmouth, VA 23704

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    Brick Apartment Building Value-Add Opportunity
    $925,000
    9,536 SF
    Brick Apartment Building Value-Add Opportunity

    12-unit brick apartment building with value-add potential in Norfolk.

    516-522 Dinwiddie St, Norfolk, VA 23523

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    Mixed-Use Development in Downtown Norfolk
    Contact for pricing
    50,000 SF
    Mixed-Use Development in Downtown Norfolk

    Vibrant mixed-use property with retail, apartments, and parking.

    440 Monticello Ave, Norfolk, VA 23510

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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.

    Residential Lot in Chesapeake
    $73,999
    Residential Lot in Chesapeake

    Residential lot available in Chesapeake, Virginia.

    1243 New Born Ct, Chesapeake, VA 23322

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    Moyock, NC Prime Location Land
    $899,900
    17.95 Acres
    Moyock, NC Prime Location Land

    17+ acres in Moyock, near VA border, zoned General Business.

    Caratoke Highway, Moyock, NC 27958

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    South Mills Land For Sale
    $179,900
    10.01 Acres
    South Mills Land For Sale

    10.01-acre lot with 4.73 acres cleared in South Mills.

    343 Highway N lot: B, South Mills, NC 27976

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    Carrollton Land for Residential Development
    $1,000,000
    95.68 Acres
    Carrollton Land for Residential Development

    95.68 acres in growing Carrollton community, ideal for development.

    22056 Brewers Neck BLVD, Carrollton, VA 23314

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    Off-Market Properties in Chesapeake, VA

    Consider similar Off-Market properties in Chesapeake, 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.

    700 Grn Tree Cir
    APARTMENT HOUSE (5+ UNITS)
    190,194 SF Lot: 12.40 Acres
    Estimated value
    $31,440,000

    700 Grn Tree Cir, Chesapeake, VA 23320-3748

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    1401 Deep Crk Blvd Trlr, Unit 124
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.12 Acres
    Value Estimation by Request
    Unit 124

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3748

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    4400 Deborah Ct, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    142,320 SF Lot: 12.03 Acres
    Estimated value
    $15,750,000
    Unit 1

    4400 Deborah Ct, Chesapeake, VA 23321-4337

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    1401 Deep Crk Blvd Trlr, Unit 50
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.12 Acres
    Value Estimation by Request
    Unit 50

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    View details
    2500 Number 10th Ln
    MOBILE HOME PARK, TRAILER PARK
    100 SF Lot: 1.73 Acres
    Value Estimation by Request

    2500 Number 10th Ln, Chesapeake, VA 23323-6327

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    1401 Deep Crk Blvd Trlr, Unit 87
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.09 Acres
    Value Estimation by Request
    Unit 87

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    View details
    1401 Deep Crk Blvd Trlr, Unit 48
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.09 Acres
    Value Estimation by Request
    Unit 48

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    View details
    1401 Deep Crk Blvd Trlr, Unit 162
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.10 Acres
    Value Estimation by Request
    Unit 162

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3750

    View details
    500 Blue Bell St, Unit 100
    APARTMENT HOUSE (5+ UNITS)
    43,800 SF Lot: 2.50 Acres
    Estimated value
    $40,750,000
    Unit 100

    500 Blue Bell St, Chesapeake, VA 23323-1426

    View details
    1401 Deep Crk Blvd Trlr, Unit 96
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.09 Acres
    Value Estimation by Request
    Unit 96

    1401 Deep Crk Blvd Trlr, Chesapeake, VA 23323-3747

    View details
    Armstrong Ln
    APARTMENT HOUSE (5+ UNITS)
    Lot: 11.74 Acres
    Value Estimation by Request

    Armstrong Ln, Chesapeake, VA 23322

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    100 Fairwind Dr, Unit 101
    APARTMENT HOUSE (5+ UNITS)
    256,041 SF Lot: 12.32 Acres
    Estimated value
    $2,700,000
    Unit 101

    100 Fairwind Dr, Chesapeake, VA 23320-4027

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    205 Ml Crk Pkwy, Unit 3B
    APARTMENT HOUSE (5+ UNITS)
    11,250 SF Lot: 12.00 Acres
    Value Estimation by Request
    Unit 3B

    205 Ml Crk Pkwy, Chesapeake, VA 23323-1087

    View details
    217 Ml Crk Pkwy, Unit 3B
    APARTMENT HOUSE (5+ UNITS)
    11,250 SF Lot: 12.00 Acres
    Value Estimation by Request
    Unit 3B

    217 Ml Crk Pkwy, Chesapeake, VA 23323-1089

    View details
    245 Ml Crk Pkwy, Unit 2D
    APARTMENT HOUSE (5+ UNITS)
    11,250 SF Lot: 12.00 Acres
    Value Estimation by Request
    Unit 2D

    245 Ml Crk Pkwy, Chesapeake, VA 23323-1084

    View details
    229 Ml Crk Pkwy, Unit 2D
    APARTMENT HOUSE (5+ UNITS)
    11,250 SF Lot: 12.00 Acres
    Value Estimation by Request
    Unit 2D

    229 Ml Crk Pkwy, Chesapeake, VA 23323-1093

    View details

    Chesapeake, VA Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Chesapeake, VA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 12,550 square feet of properties for sale, with an estimated market value of $1,954,800.

    Sale prices for residential income properties in Chesapeake, VA start at $209,900, averaging $325,800, and reaching up to $435,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Multifamily properties 6
    Apartment buildings 3
    Duplexes 2
    Mobile home & RV parks 1

    Property Size Breakdown

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

    Demographics Overview

    Population 251K
    Population Growth (5Y) +7.1%
    Median Household Income $99,233
    College Educated 31.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23320 $300K
    23324 $337.5K
    23323 $389.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.79%
    Property Tax per SF $12.24 per sq ft
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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    Most Searched ZIP Codes in Chesapeake, VA

    • 23320
    • 23324
    • 23322
    • 23323

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