Residential Income

Newport News, VA Residential Income Properties for Sale

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Duplex with Separate Utility Meters
Updated: Oct 29
Duplex with Separate Utility Meters

716 31st Street, Newport News, VA 23607

$225,000
1,680 sqft
Two‑unit duplex with 1,680 square feet
Leases extend through 2027
Utilities are separately metered
R4 zoning
Built in 1940 with a shingle roof
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Renovated Duplex
Updated: Oct 5
Renovated Duplex

739 18th Street, Newport News, VA 23607

$236,000
1,200 sqft
1,200‑square‑foot duplex in Newport News
Rehabbed in 2024
One of the two units is tenant‑occupied
Built in 1940 with a shingle roof
Zoned R4
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Two-Unit Residential Duplex
Two-Unit Residential Duplex

1121 35th Street, Newport News, VA 23607

$159,900
1,518 sqft

Each residence has a two-bedroom, one-bathroom layout and its own entrance.

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See hot listings in Newport News

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Two-Unit Duplex with Separate Meters
Two-Unit Duplex with Separate Meters

556 Bellwood Rd #A, Newport News, VA 23607

$270,000
1,000 sqft

Tenant-occupied duplex with central air, independent electrical and gas service, and shared water between the units.

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Two-Unit Residential Duplex
Two-Unit Residential Duplex

556 Bellwood Road, Newport News, VA 23607

$270,000
1,000 sqft

The units offer a two-bedroom layout and a one-bedroom layout, each with central air.

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Land and Farms, Newport News, VA
Land and Farms, Newport News, VA

17247 Warwick Boulevard, Newport News, VA 23603

$700,000
2.17 AC lot

Industrial land · 2.17 Acres

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Land and Farms, Newport News, VA
Land and Farms, Newport News, VA

74 Normandy Lane, Newport News, VA 23606

$125,000
0.92 AC lot

Residential land & home lots · 0.92 Acres

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Renovated Duplex
Renovated Duplex

739 18th St, Newport News, VA 23607

$236,000
1,200 sqft

One of the two units is occupied by a tenant, while the other remains available for owner use or rental.

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Updated Duplex with Separate Utilities
Updated Duplex with Separate Utilities

732 30th St, Newport News, VA 23607

$287,000
1,494 sqft

Two-unit residential property with refreshed interiors, individual utility metering, and washer/dryer connections in each residence.

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Side-by-Side Duplex
Side-by-Side Duplex

1038 28th St, Newport News, VA 23607

$194,900
1,200 sqft

Two residential units each offer two bedrooms and one full bathroom in a longstanding multifamily property.

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Two-Unit Duplex with Separate Entrances
Two-Unit Duplex with Separate Entrances

1121 35th St, Newport News, VA 23607

$159,900
1,518 sqft

Two residential units feature modern kitchens, contemporary baths, and independent entrances.

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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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Two-Unit Duplex
Two-Unit Duplex

A-556 Bellwood Rd, Newport News, VA 23601

$270,000

Both residences have central air, with separate gas and electrical meters and shared water service.

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Duplex with Multiple Living Areas
Duplex with Multiple Living Areas

Newport News, VA 23602

$255,000

Two residential units provide separate living arrangements for occupants or rental use.

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14 active listings match your search: Residential Income for sale in Newport News, VA. Based on your search, we've also compiled 66 Potential Opportunities for your consideration: 4 properties in nearby cities, 58 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex on Large Lot
Duplex on Large Lot

2508 Shell Road, Hampton, VA 23661

$285,000
2,208 sqft

The property is offered in its current condition, with buyers responsible for evaluating its condition and permitted use.

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Renovated Over-Under Duplex
Renovated Over-Under Duplex

10361 Center Street, Carrollton, VA 23314

$445,000
1,840 sqft

Two separate residences offer distinct layouts, with the upper home recently updated.

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Multifamily Property
Multifamily Property

2508 Shell Rd, Hampton, VA 23661

$285,000
2,208 sqft 0.54 AC lot

Offered in as-is condition, with property and use due diligence assigned to the buyer.

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Renovated Over-Under Duplex
Renovated Over-Under Duplex

10361 Center St, Carrollton, VA 23314

$445,000
1,840 sqft 0.50 AC lot

Two-unit residential property with separate living spaces and an updated upper residence.

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.

Deep-Waterfront Residential Land
Deep-Waterfront Residential Land

231 Benthall Road, Hampton, VA 23664

$250,000
1.34 AC lot

1.34-acre waterfront lot with direct access to the Chesapeake Bay and 6 feet of water at low tide.

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North Suffolk Residential Development Site
North Suffolk Residential Development Site

7707 Crittenden Rd, Suffolk, VA 23432

Contact for pricing
117 sqft 117.00 AC lot

117-acre residential development site in a rapidly growing market.

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Waterfront Land with Bay Access
Waterfront Land with Bay Access

1404 Seaford Road, Seaford, VA 23696

$800,000
5.73 AC lot

RR-zoned waterfront parcel with public water and sewer service.

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Waterfront Estate Lot Opportunity
Waterfront Estate Lot Opportunity

1000 S England Circle, Williamsburg, VA 23185

$1,300,000
12.30 AC lot

12.3-acre waterfront estate lot near Colonial Williamsburg.

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Off-Market Properties in Newport News, VA

Consider similar Off-Market properties in Newport News, 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.

201 Kingstowne Rd
APARTMENT HOUSE (5+ UNITS)

201 Kingstowne Rd, Newport News, VA 23606

Estimated value:
$14,265,000
4,230 sqft 18.66 AC lot
View details
501 Waters Edge Dr
APARTMENT HOUSE (5+ UNITS)

501 Waters Edge Dr, Newport News, VA 23606-0030

Estimated value: by Request
5,623 sqft 25.00 AC lot
View details
13304 De Wald Cir
APARTMENT HOUSE (5+ UNITS)

13304 De Wald Cir, Newport News, VA 23602-5709

Estimated value: by Request
2,780 sqft 16.48 AC lot
View details
1100 William Styron S Sq
APARTMENT HOUSE (5+ UNITS)

1100 William Styron S Sq, Newport News, VA 23606-2877

Estimated value:
$1,795,000
4,475 sqft 1.56 AC lot
View details
96 31st St
APARTMENT HOUSE (5+ UNITS)

96 31st St, Newport News, VA 23607-3344

Estimated value:
$5,410,000
100 sqft 0.17 AC lot
View details
82 30th St
APARTMENT HOUSE (5+ UNITS)

82 30th St, Newport News, VA 23607-3818

Estimated value:
$19,085,000
600 sqft 0.17 AC lot
View details
85 29th St
APARTMENT HOUSE (5+ UNITS)

85 29th St, Newport News, VA 23607-3820

Estimated value:
$5,410,000
450 sqft 1.39 AC lot
View details
614 Peninsula Dr
APARTMENT HOUSE (5+ UNITS)

614 Peninsula Dr, Newport News, VA 23605-2928

Estimated value: by Request
100 sqft 35.50 AC lot
View details
900 Old Ml Ct
APARTMENT HOUSE (5+ UNITS)

900 Old Ml Ct, Newport News, VA 23602

Estimated value:
$280,000
100 sqft 6.10 AC lot
View details
307 Saint Thomas Dr
APARTMENT HOUSE (5+ UNITS)

307 Saint Thomas Dr, Newport News, VA 23606-4365

Estimated value:
$38,250,000
4,432 sqft 20.73 AC lot
View details

Newport News, VA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Newport News, VA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 22,860 square feet of properties for sale, with an estimated market value of $3,388,700.

Sale prices for residential investment properties in Newport News, VA start at $125,000, averaging $260,669, and reaching up to $700,000 — 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 12
Duplexes 11
Apartment buildings 1

Demographics Overview

Population 188K
Population Growth (5Y) -3.4%
Median Household Income $66,006
College Educated 28.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23606 $125K
23607 $226.5K
23602 $255K
23601 $270K
23603 $700K

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $18.38 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Newport News city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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