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    Melfa, VA
    Residential Income

    Melfa, VA Residential Income Properties for Sale

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    Accomac, VA Onancock, VA Onley, VA Locustville, VA Wachapreague, VA Quinby, VA Pungoteague, VA Painter, VA
    3-Unit Apartment Building
    Updated: Sep 1
    3-Unit Apartment Building

    19385 MAIN ST, Melfa, VA 23410

    $299,000
    2,860 sqft 0.25 AC lot
    Three‑unit multifamily property totaling 2,860 square feet
    Unit mix includes two 2‑bedroom/1‑bath apartments and one 1‑bedroom/1‑bath apartment
    Each apartment has an eat‑in kitchen and separate access
    Tenant‑occupied with residents paying their own utility bills
    0.25‑acre property at 19385 Main St, Melfa, VA 23410
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Melfa, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Victorian Mixed-Use Property
    Victorian Mixed-Use Property

    58 MARKET ST, Onancock, VA 23417

    $466,000
    4,419 sqft 0.49 AC lot

    Residentially zoned building with original woodwork, a welcoming porch, and a private courtyard in downtown Onancock.

    View details
    Duplex With Additional Rental Cottage
    Duplex With Additional Rental Cottage

    3437 LAWSONIA ROAD, Crisfield, MD 21817

    $259,900
    3,032 sqft

    Three-rental configuration with two duplex units and a separate cottage on an individually driven rear portion.

    View details
    Two-Unit Duplex with Recent Updates
    Two-Unit Duplex with Recent Updates

    2899 Byrdtown Road, Crisfield, MD 21817

    $184,900
    1,600 sqft

    Lead-free certification and washer/dryer hookups add practical features for occupants.

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    Live-Work Property with Detached Garage
    Live-Work Property with Detached Garage

    141 Market St, Onancock, VA 23417

    $675,000

    Commercial and residential right on Market Street with ample off-street parking and fenced yards.

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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.

    Parksley, VA Land Opportunity
    Parksley, VA Land Opportunity

    ALICATO RD lot: 3,4, Parksley, VA 23421

    $68,000
    4.93 AC lot

    Approximately 4.93 acres of cleared, even-grade residential land.

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    Agricultural Land with Two Parcels
    Agricultural Land with Two Parcels

    5.75 AC LANKFORD HWY, Parksley, VA 23417

    $79,000
    5.75 AC lot

    Agricultural zoning and separate parcels support a flexible rural land configuration.

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    Wooded Corner Lot in Belle Haven
    Wooded Corner Lot in Belle Haven

    1 SCARBOROUGH LANE lot: 1, Belle Haven, VA 23306

    Contact for pricing
    1.38 AC lot

    1.38 acre residential lot with utilities and creek access.

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    Cleared Pond-View Waterfront Lot
    Cleared Pond-View Waterfront Lot

    CRIPPEN VIEW lot: 20, Parksley, VA 23421

    $65,000
    1.05 AC lot

    Cleared 1-acre lot in a gated waterfront community, positioned for a pond view and dock access.

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    Off-Market Properties in Melfa, VA

    Consider similar Off-Market properties in Melfa, 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.

    27249 Pne Rdg Dr
    MOBILE HOME PARK, TRAILER PARK

    27249 Pne Rdg Dr, Melfa, VA 23410-3223

    Value Estimation by Request
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    Pne Rdg Rd
    MOBILE HOME PARK, TRAILER PARK

    Pne Rdg Rd, Melfa, VA 23410

    Value Estimation by Request
    View details

    Melfa, VA Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Melfa, VA on our real estate platform. These investment opportunities span a total of 2,860 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for residential income properties in Melfa, VA average $299,000 — 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

    Multifamily properties 1
    Triplexes 1

    Demographics Overview

    Population 2,393
    Population Growth (5Y) +38.6%
    Median Household Income $50,313
    College Educated 32.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.48%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Accomack County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Accomack County

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