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    Newport News, VA
    Residential Income

    Newport News, VA Residential Income Properties for Sale

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    Renovated Side-by-Side Duplex
    Updated: Sep 8
    Renovated Side-by-Side Duplex

    1010 36th Street, Newport News, VA 23607

    $286,000
    1,550 sqft
    1,550‑square‑foot side‑by‑side duplex
    Renovated in 2024 with new roof, HVAC, water heater, and appliances
    Fully occupied residential property
    R4 zoning
    Waterfront location
    View details
    Waterfront Over-Under Duplex
    Updated: Aug 13
    Waterfront Over-Under Duplex

    1121 35th Street, Newport News, VA 23607

    $189,000
    1,518 sqft
    Two‑unit over‑under duplex with 1,518 square feet
    Each residence includes 2 bedrooms and 1 bathroom
    Separate entrances serve the individual units
    Kitchens feature LPV flooring and storage
    R4 zoning in Newport News
    View details
    Waterfront Duplex
    Waterfront Duplex

    556 Bellwood Road, Newport News, VA 23607

    $270,000
    1,000 sqft

    Two-unit residential property with central air, individual electric and gas meters, and month-to-month occupancy.

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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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    Mobile Home Park With Apartments
    Mobile Home Park With Apartments

    5115 Jefferson Avenue, Newport News, VA 23605

    $2,599,999
    2,431 sqft 1.93 AC lot

    C2-zoned property combines mobile home lots, apartment units, and off-street parking in a multi-tenant configuration.

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    Waterfront Duplex
    Waterfront Duplex

    716 31st Street, Newport News, VA 23607

    $240,000
    1,680 sqft

    Two-unit property with separately metered utilities, updated windows, and modern HVAC systems.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Newport News Industrial Land Parcel
    Newport News Industrial Land Parcel

    17247 WARWICK Boulevard, Newport News, VA 23603

    $749,900
    2.15 AC lot

    2.15 acres of M2 zoned land for sale.

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

    1121 35th St, Newport News, VA 23607

    $189,000
    1,518 sqft

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

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    Waterfront Commercial Land
    Waterfront Commercial Land

    14375 Old Courthouse Way, Newport News, VA 23608

    $59,600
    0.34 AC lot

    C1 Retail Commercial zoning includes retail sales, with additional business categories subject to possible conditional approval.

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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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    Renovated Duplex with New Systems
    Renovated Duplex with New Systems

    1010 36th St, Newport News, VA 23607

    $286,000
    1,550 sqft

    Fully occupied duplex renovated in 2024 with updated major building systems and appliances.

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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.

    View details
    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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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Newport News, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

    Waterfront Quadplex Property
    Waterfront Quadplex Property

    411 Lee Street, Hampton, VA 23669

    $449,000
    2,338 sqft

    Combined residential buildings offer multiple income-producing units with a renovated vacant unit and detached backyard structures.

    View details
    Waterfront Over-Under Duplex
    Waterfront Over-Under Duplex

    10361 Center Street, Carrollton, VA 23314

    $450,000
    1,840 sqft

    Two separate residences include a renovated upper unit and distinct bedroom layouts.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    329 S Armistead Ave, Hampton, VA 23669

    $425,000
    2,460 sqft

    Four updated apartments share a covered front porch and off-street parking near downtown and the waterfront.

    View details
    Renovated Over-Under Duplex
    Renovated Over-Under Duplex

    10361 Center St, Carrollton, VA 23314

    $450,000
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    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:
    No data
    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:
    No data
    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:
    No data
    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 25,991 square feet of properties for sale, with an estimated market value of $5,876,399.

    Sale prices for residential income properties in Newport News, VA start at $59,600, averaging $452,030, and reaching up to $2,599,999 — 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 13
    Duplexes 10
    Apartment buildings 2
    Mobile home & RV parks 1
    Single family properties 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
    23608 $59.6K
    23607 $232.8K
    23603 $749.9K
    23605 $2.6M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport News city

    Office

    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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    Most Searched ZIP Codes in Newport News, VA

    • 23607
    • 23601
    • 23602
    • 23603
    • 23605
    • 23608

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