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    Colonial Heights, VA
    Residential Income

    Colonial Heights, VA Residential Income Properties for Sale

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    Chesterfield, VA Chester, VA Prince George, VA Petersburg, VA Hopewell, VA North Chesterfield, VA Disputanta, VA Sutherland, VA
    Renovation-Ready Triplex
    Updated: Jul 31
    Renovation-Ready Triplex

    318 E Westover Avenue, Colonial Heights, VA 23834

    $219,900
    2,884 sqft 0.14 AC lot
    Three‑unit triplex totaling 2884 square feet
    Unit mix includes one 2 Bed 1 Bath residence and two 1 Bed 1 Bath units
    Separate gas meters serve the units
    Built in 1927 on a 0.14‑acre parcel
    Public water and Public Sewer
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    Triplex Property with Separate Gas Meters
    Updated: Aug 2
    Triplex Property with Separate Gas Meters

    318 E Westover Ave, Colonial Heights, VA 23834

    $219,900
    2,884 sqft
    Three‑unit triplex with a two‑bedroom lower unit and two one‑bedroom upper units
    Full renovation required; offered as‑is, where‑is
    Separate gas meters for the units
    Built in 1927
    Located at 318 E Westover Ave, Colonial Heights, VA 23834
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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 13 Potential Opportunities for your consideration. Besides 2 Active listings in Colonial Heights, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    12020 Winfree St, Chester, VA 23831

    $640,000
    2,716 sqft

    Fully occupied multifamily property with refreshed interiors, separate electric meters, and a subdividable lot.

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    Mixed-Use Event and Apartment Property
    Mixed-Use Event and Apartment Property

    136 River Street, Petersburg, VA 23803

    $1,450,000
    1.50 AC lot

    Property package combines an established event facility, residential apartments, and additional parking in Petersburg’s River Street area.

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    Mixed-Use Event and Residential Property
    Mixed-Use Event and Residential Property

    136 River St, Petersburg, VA 23803

    $1,450,000

    Property package combines an event facility, apartments, and additional parking across multiple parcels.

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    Land, Chester, VA
    Land, Chester, VA

    421 E Hundred Road, Chester, VA 23836

    $349,950
    0.84 AC lot

    Commercial land · 0.84 Acres

    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.

    Petersburg Land with Expansion Potential
    Petersburg Land with Expansion Potential

    2025 Dupuy Road, Petersburg, VA 23803

    $39,900
    0.56 AC lot

    Land with upside expansion potential for new home construction.

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    61+ Acres in Chester, VA
    61+ Acres in Chester, VA

    4721 Eves Lane, Chester, VA 23831

    $3,701,373
    61.74 AC lot

    61+ acres in Chester, VA, suitable for various uses.

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    Two-Acre Lot in Chesterfield, VA
    Two-Acre Lot in Chesterfield, VA

    707 Greyledge Boulevard, Chesterfield, VA 23836

    $499,999
    2.00 AC lot

    2-acre lot with potential for residential rezoning.

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    Wooded Homesite in Chesdin Landing
    Wooded Homesite in Chesdin Landing

    15412 Isle Pines Drive, Chesterfield, VA 23838

    $130,000
    3.06 AC lot

    Private 3.06 acre wooded homesite in resort-style community.

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    Off-Market Properties in Colonial Heights, VA

    Consider similar Off-Market properties in Colonial Heights, 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.

    17216 Rte 1st 1
    MOBILE HOME PARK, TRAILER PARK

    17216 Rte 1st 1, Colonial Heights, VA 23834

    Estimated value:
    $2,140,000
    4.64 AC lot
    View details
    2900 Whitehouse Rd
    Land

    2900 Whitehouse Rd, Colonial Heights, VA 23834

    Estimated value:
    by Request
    View details
    2323 Arrowfield Rd
    MOBILE HOME PARK, TRAILER PARK

    2323 Arrowfield Rd, Colonial Heights, VA 23834

    Estimated value:
    $235,000
    7.07 AC lot
    View details

    Colonial Heights, VA Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Colonial Heights, VA on our real estate platform. These investment opportunities span a total of 5,768 square feet of properties for sale, with an estimated market value of $439,800.

    Sale prices for residential income properties in Colonial Heights, VA average $219,900 — 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

    Multifamily properties 2
    Triplexes 2

    Demographics Overview

    Population 27K
    Population Growth (5Y) +7.8%
    Median Household Income $82,314
    College Educated 40.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23834 $219.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.07%
    Property Tax per SF $12.83 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Colonial Heights fall within the 25,000 to 50,000 square foot range.

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