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$750,000
10642554 MLS
Located in the rapidly growing and improving Park Place neighborhood of Norfolk, this quadruplex at 410 W 28th St offers a prime investment opportunity. Each unit is approximately 925 sq ft and individually metered. And recently updated. Near to Norfolk's shipyards, downtown Norfolk, and in Maury High, Blair Middle, and St. Helena Elementary School District, this property is positioned for strong rental demand. Take advantage of the upward-trending Norfolk community and seize the opportunity to grow your rental income portfolio.

410 W 28th Street, West Norfolk
$1,500,000
10642053 MLS
Come and see this first! These gorgeous mostly renovated units have tons of natural light throughout and a large living room. The kitchens have newer cabinetry and stainless steel appliances. These super clean / move in ready units boast fresh paint, LVP flooring, carpet, new bathrooms, and washer / dryer hookups provided. Check this 12 plex out before it's gone! 12 Units for sale, 7/12 units currently occupied, 4 are being renovated, 1 will be left needing a full turn. There is still plenty of meat on the bone here, the current plan would leave one unit needing a full rehab.

1007 Green Street, Central Portsmouth
$349,900
10641931 MLS
Duplex Located in the Heart of Historic Portsmouth, Virginia. Fully Rehabbed Within the Past 5 Years, This Property Features a New Roof, New Windows, New HVAC Systems, Updated Flooring, and Modern Finishes Throughout. Downstairs Unit Offers 3 Spacious Bedrooms, 1.5-Bath The Upstairs Unit Also Features 3 Large Bedrooms with 1 Full Bath, Also Fully Remodeled, with Hardwood Floors and Stainless Steel Appliances. Both Units Include Washer/Dryer Hookups. Situated Near Schools, Shopping, Restaurants, and Easy Interstate Access, Current Tenant in Upstairs Unit Uses Section 8 Voucher at 1739. The Downstairs Unit is Vacant and Was Previously Renting for $1888 . Total Rental Income Potential is $3500 Per Month. *Property Also Includes 908 Holladay St (the lot beside this one).**Some Photos are not current and are from the renovation in 2022. *

922 Holladay Street, Central Portsmouth
$400,000
10641816 MLS
Side-by-side, townhouse style duplex just blocks from the beach on cul-de-sac. Each unit features 2 bedrooms, and 1 bath, with new flooring and tile baths. Well maintained throughout. One unit occupied and the other is vacant and ready! Just minutes from the beaches and local dining! Both units offer stackable washer/dryers, refrigerators, electric stoves, microwaves and dishwashers. Each has a back door leaking to a small private patio. Two dedicated sheds provide extra storage for bikes and beach chairs!

9554 Lakeside Drive, North Norfolk
$650,000
10641772 MLS
Exceptional income producing property just one block from the beach! This 4-unit apartment building features four 1BR/1BA units, all currently rented with tenants who wish to renew, providing immediate income. Appointment needed for showings. Recent updates include new mini-split HVAC systems in all units (2023), fresh interior paint (2024), new roof (2020), new PVC plumbing, new fencing, and Ring cameras that convey. Units are separately metered for gas and electric with one shared water meter. Units 1, 3, and 4 share a common washer/dryer, while Unit 2 has its own private washer/dryer plus a renovated kitchen with quartz countertops, new cabinets, and appliances (2023). Unit 3 features updated cabinets, countertops, appliances, and LVP flooring. Unit 4 includes a new tiled shower (2024). Bonus common laundry/storage room. Walk to the beach, restaurants, shopping, and public transit.

143 W Balview Avenue, North Norfolk
$434,000
10640946 MLS
Renovated over/under duplex in the heart of Portsmouth! Located with easy access to highways, bases, shopping, and restaurants. Tenants in both units, photos from when it was vacant. Unit 1 has LVP flooring throughout the main living areas. This unit has 3 bedrooms and 1.5 bathrooms, kitchen, dining area, living room, and extra space for storage. The kitchen has beautiful quartz counters and stainless appliances. Unit 2 has LVP flooring throughout the main living areas. This unit has 3 bedrooms, 2 bathrooms, kitchen, dining area, and living room. The primary bedroom has an attached bathroom. The kitchen has beautiful quartz counters, stainless appliances, and a pantry. All appliances convey. Come see it today!

273 Elm Avenue, Central Portsmouth
$850,000
10640877 MLS
Wonderful North End property with so much potential. Upstairs rent is $1500/monthly. Located on the Atlantic Ave service road, short distance to Edgar Cayce, oceanfront, Fort Story, restaurants, tourist attractions. Off street parking with driveway. Large storage room on the back has possibilities for expansion into first floor living space. Washer/dryer on second floor belongs to tenant. Survey in listing pictures. Seller will make no repairs.

6604 Atlantic Avenue, Northeast Virginia Beach
$320,000
10640811 MLS
Add this to your portfolio! Must have appointment. Both units occupied. Located just a short distance to the water. Culpeppers Boat rentals very close to enjoy a quick fishing trip or grab some steamed crabs!

121 Broad Street, Central Portsmouth
$439,900
10640266 MLS
Welcome to historic Phoebus, where timeless architecture meets coastal charm. Situated on a corner lot, this two-story home offers partial water views of Mill Creek and the Bay from the upper porch. Currently configured as a duplex, each unit features 3 bedrooms and 1 full bath, produce rental income, multi-generational living, or owner occupancy. The home could also be converted back into a spacious single-family residence with 6 bedrooms and 2 full baths. Interior features include hardwood floors, high ceilings, built-in bookshelves, and ceramic-tiled bathrooms. Outside, enjoy double covered porches, a detached garage, and a prime location near downtown Phoebus, Fort Monroe, and Buckroe Beach. The property offers tremendous potential. TLC includes a fresh coat of paint and ceiling drywall repairs related to a previous leak in the upper unit, making this a great opportunity to add value in one of Hampton's most desirable historic communities. Property sold as-is. Enjoy the water view from the top unit and top deck. Don't miss it!

226 S Willard Avenue, Hampton East
$499,900
10640205 MLS
Remarkable multifamily opportunity at 1607 E Ocean View Ave, located on a high lot directly across from the Chesapeake Bay with water views from the upstairs apartment. Ideal for owner-occupants or investors, this versatile duplex offers strong income potential in a highly desirable coastal location. The first-floor unit features a spacious 4-bedroom, 2-bath layout with large, airy rooms and high ceilings throughout. The kitchen offers abundant cabinetry, a pantry, and excellent workspace for everyday living. Generously sized bedrooms and well-proportioned living and dining areas provide comfortable functionality. The unit also includes its own washer/dryer hookups for added convenience. The upper level is a separate 1-bedroom apartment with water views, remodeled in 2016, offering a private and well-maintained multifunctional space. Each unit is separately equipped, making this property ideal for dual occupancy or rental income strategies. Extensive updates provide peace of mind, including a new sewer line from house to street (2019), complete electrical rewiring, sealed crawl space, new garbage disposal, Google smart thermostat, new flooring, and updated appliances in Unit 1. Bathrooms feature new toilets, lighting, mirrors, and faucets. A newly installed ADT security system with cameras and door/window sensors enhances security. Exterior highlights include a private backyard and ample off-street parking. The location offers exceptional convenience—just steps from the Chesapeake Bay, beaches, and coastal recreation, and a short drive to Naval Station Norfolk. Rare opportunity to own a duplex just steps from the bay with income-producing potential and numerous upgrades throughout!

1607 E Ocean View Avenue, North Norfolk
$350,000
10639458 MLS
Investor and owner-occupant opportunity in a designated Portsmouth Opportunity Zone. This 2-story duplex unlocks flexible income potential: run it as a traditional two-unit rental, or convert to the co-living model it was originally designed for, with up to 3 rentable rooms (2 up + 1 down). At approximately $800 per room market rent, the by-the-room scenario projects roughly $2,400 per month in gross potential income, giving an investor two paths to a strong cash-on-cash return. Three bedrooms and 2.5 baths across two stacked units. 2025 upgrades include luxury vinyl plank flooring and ductless mini-split systems, plus forced-air heat and central air. Eat-in kitchen, fireplace, covered patio, wood deck, fenced backyard, and a detached storage outbuilding. Low-maintenance vinyl and brick exterior. Public transportation is on the corner; the surrounding area is improving. All appliances convey.

1909 High Street, Central Portsmouth
$625,000
10638682 MLS
Rare opportunity to acquire a well-maintained 5-unit multifamily property in the heart of Portsmouth's highly sought-after Olde Towne Historic District. The property consists of two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, offering an attractive unit mix that appeals to a broad tenant base. Positioned in one of Hampton Roads' most desirable neighborhoods, the property is just blocks from the Elizabeth River waterfront, Portsmouth-Norfolk Ferry, restaurants, coffee shops, museums, parks, and entertainment venues. Surrounded by major employment centers including Naval Medical Center Portsmouth, Norfolk Naval Shipyard, and Rivers Casino Portsmouth, the asset benefits from strong and consistent rental demand. Select units convey furnished, creating additional upside through furnished, mid-term, or executive rental strategies. Combining stable cash flow, a proven rental history, limited local multifamily inventory, and long-term appreciation potential, this turnkey asset presents an exceptional opportunity for investors seeking both current income and future growth in a supply-constrained waterfront market.?

367 Middle Street, Central Portsmouth
$389,000
10639013 MLS
Beautifully renovated duplex in Norfolk's Willoughby Terrace! New flooring throughout, new cabinets, countertops and appliances. This over/under duplex has a large shared backyard. Blocks from the beach, bases and interstate. Great investment opportunity! Upstairs will be vacant in September.

9220 Atwood Avenue, North Norfolk
$425,000
10638051 MLS
Excellent investment property located just two blocks from Old Dominion University and one short block from Old Dominion Village, providing convenient access to a variety of shops, restaurants, and local amenities. This duplex is ideally situated to attract student tenants due to its close proximity to campus. The property features two units in an upstairs/downstairs configuration, with each unit offering two bedrooms and one bathroom and all new exterior siding. Both units are currently leased, with one lease operating on a month-to-month basis, offering flexibility for a future owner-occupant or investor.

856 W 43rd Street, West Norfolk
$1,190,000
10637846 MLS
Rare opportunity to own a triplex in the heart of the Virginia Beach Oceanfront area. Situated on 16th Street just three blocks from the beach, this property offers exceptional flexibility for investors, owner-occupants, or those seeking income-producing potential. The main residence features 3 bedrooms and 2 bathrooms on the first level, while the second-floor unit offers 2 bedrooms and 1 bathroom. An additional 1-bedroom, 1-bath apartment provides even more rental possibilities. Located within the Short-Term Rental Overlay District, buyers should perform their own due diligence regarding short-term rental requirements and approvals. Enjoy close proximity to the beach, boardwalk, dining, shopping, entertainment, and everything the Oceanfront has to offer. Opportunities like this in such a desirable location are hard to find.

316 16th Street, Northeast Virginia Beach
$750,000
10637678 MLS
Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 511 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.

540 Ashlawn Drive, North Norfolk
$750,000
10637677 MLS
Investment opportunity in a 6-unit brick apartment building. All units have recently renovated. Currently fully occupied, this property provides strong rental income and long-term potential. To be sold with another fully renovated and fully rented 6 unit apartment building at 540 Ashlawn Drive. A great option for those looking to expand or begin their investment portfolio.

511 Ashlawn Drive, North Norfolk
$1,895,000
10636540 MLS
Historic multifamily investment opportunity in the West Ghent neighborhood of Norfolk. Hampton Apartments consists of 16 units in a classic brick garden-style apartment building built in 1923. This 4-story property offers strong rental potential near Downtown Norfolk, EVMS, ODU, Sentara, shopping, dining, entertainment, and major employment centers. Property features off-street parking, separately metered utilities, and a mix of spacious apartment layouts. Convenient access to interstates, military installations, and public transportation further enhances tenant appeal. Excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Norfolk’s established urban neighborhoods. Portfolio sale opportunity available; call listing agent for details.

1006 Brandon Avenue, West Norfolk
$1,950,000
10636533 MLS
Located in the Ghent neighborhood of Norfolk, Newton Hall presents an opportunity to acquire a 12 unit apartment asset in one of Hampton Roads’ established urban districts. Built in 1925, this brick garden-style apartment community combines historic character with strong investment fundamentals and long-term upside potential. The property consists of 12 residential units across three stories and includes two-bedroom apartments. Conveniently located near Downtown Norfolk, EVMS, Sentara, ODU, military installations, shopping, dining, and entertainment, the property benefits from proximity to major employment, educational, and lifestyle amenities. Investors will appreciate the stability of the asset, potential rental growth opportunities, and the opportunity to own a multifamily property in one of Norfolk’s established neighborhoods. This offering may also be part of a larger portfolio opportunity. Contact listing agent for additional details.

1414 Hampton Boulevard, West Norfolk
$375,000
10636160 MLS
Welcome to 739 and 741 S Rosemont! Built in 1999, it has newer plumbing and electrical than most duplexes in the area, located in central Virginia Beach. Both units are 2 bedroom and 1.5 bathrooms. Identical layout side x side. •Roof- is in good shape •HVAC- been maintained and replaced •Water heater replaced in 741 •Front and back doors were replaced recently at each unit. Both units are tenant occupied by great and easy going long time tenants, always pay on time! Both are currently on Month to Month leases and prepared to leave but would prefer to stay. Rent Roll available upon request. Sold As Is.

739 S Rosemont Road, South Central 1 Virginia Beach
$1,100,000
10636032 MLS
The Marl Inn Bed & Breakfast is a rare turnkey boutique inn in the heart of historic Yorktown, set on .5 AC double lot just steps from Yorktown Beach, Riverwalk, Colonial National Historical Park Visitor Center, and the American Revolution Museum. 1 of only 3 lodging properties within Yorktown’s historic core, this owner-operated inn offers a unique hospitality investment in a high-demand destination. 5 guest suites each feature ensuite baths and individual HVAC; 3 include full kitchens, and four have private exterior entrances, creating sought-after apartment-style accommodations with exceptional guest privacy. A spacious owner’s quarters allows comfortable on-site living without impacting income potential. Built in 1978, the Colonial-style property offers modern windows, central air/mini-splits, and public water/sewer for efficient operation. Positioned in the center of upcoming VA250 celebrations through 2031, Yorktown is poised for increased tourism, visibility and growth.

220 Church Street, York County North
$899,000
10634730 MLS
Rare turnkey duplex investment opportunity in the heart of historic Cape Charles. Fully renovated in 2020, this coastal property features two identical units, each offering 3 bedrooms, 2 full baths, spacious living areas, full kitchens with stainless appliances, dining areas, hardwood flooring, wall-to-wall carpet, attic storage, and in-unit washers & dryers. Both units include central HVAC with heat pumps, double-pane windows, electric water heaters, patios, and off-street parking with a stone driveway. All furniture, appliances, and decor purchased in 2021 convey, making this a true move-in ready or short-term rental opportunity. Property has 4 years of established vacation rental history with strong income potential. Located just minutes from public beach access, local shops, restaurants, and entertainment in one of Virginia’s most popular coastal towns. 1 unit is occupied with a year lease ending in 2027 and the other unit has several short term rentals through August 2026

521 Monroe Avenue, Northampton
$1,600,000
10634189 MLS
Rare waterfront midterm rental investment opportunity! This unique quad multifamily property sits on a quiet dead-end road and backs directly to the creek with deep water access, offering incredible potential for investors or owner-occupants alike. Units 1 & 3 feature fresh paint completed in 2025. Unit 1 has new faceplates outlets, switches and all appliances convey. Updated dock improvements (2026) with newer electrical boxes and cables (2025), and newer plumbing to the docks with backflow valves installed in 2026. The property also includes a large finished basement complete with a full bath, heating and cooling, refrigerator, and sink. Enjoy being just moments from water access, local cafes, and popular kayak and paddleboard rental spots, making it easy to experience the river lifestyle. 16 Docks and boat slips add even more value and appeal to this one-of-a-kind waterfront property.

765 48th Street, West Norfolk
$425,000
10633910 MLS
This fully occupied 4-unit multifamily property offers a strong rental history and dependable cash flow potential. Each unit features 1 bedroom, 1 bathroom, a private entrance, and separately metered gas and electric utilities, providing added convenience for both owners and tenants. Off-street parking is accessible from a private rear alley, and one unit includes additional attic storage space. Recent maintenance improvements include a newer crawl space moisture barrier with dual access points. Ideally located in Historic Port Norfolk near the Elizabeth River waterfront, with easy access to downtown Portsmouth, Norfolk Naval Shipyard, and the Midtown Tunnel to Norfolk. A well-maintained investment opportunity with broad tenant appeal. Showings are by appointment only.

344 Maryland Ave, Central Portsmouth
$549,900
10633770 MLS
Impressive 1880 Victorian duplex in Olde Towne - a charming mix of original exterior and interior features and modern conveniences. Enjoy single story living downstairs. Lovely floorplan, large rooms, hardwood floors, tall windows, working fireplaces, and 12ft ceilings. Primary suite features an arched turret sitting area, fireplace, large open concept bathroom, walk in closet/dressing room/laundry area. Elegant living room has original moldings and fireplace. Real cook's kitchen has sitting and dining areas which open onto a deck overlooking the large rear garden with brick patio, large side deck + storage shed. Upstairs, 1450 sf of living space, features an arched turret sitting area, two decorative fireplaces, a covered porch to sit and enjoy Elizabeth River views, a large bonus room with washer/dryer. Short distance to the ferry, Portsmouth Naval Hospital &the Naval Shipyard. Suitable for live-in owner, multi-generational living or investment property.

318 Court Street, Central Portsmouth
$240,000
10632720 MLS
Investor opportunity in the heart of Newport News! This well-maintained duplex at 716 31st St is the perfect addition to your rental portfolio, with leases already secured through 2027?providing immediate and stable cash flow. Each unit features durable LVP flooring, updated windows, and modern HVAC systems, offering low-maintenance ownership and tenant comfort. Utilities are separately metered, maximizing efficiency and simplifying management. Whether you?re a seasoned investor looking to expand or just starting to build your portfolio, this property checks all the boxes. Conveniently located near major employers, shipyard, and interstate access, making it an attractive option for long-term tenants. Don?t miss this turnkey income-producing property!

716 31st Street, Newport News South
$570,000
10631748 MLS
Great opportunity to own a fourplex with strong income potential. Each unit is separately metered, with tenants paying all utilities. The property offers flexibility to live in one unit while renting the others, or lease all four units for maximum cash flow with projected rents around $5,000 per month.Conveniently located near schools, restaurants, and everyday amenities, this property is well positioned for steady rental demand. One unit is currently vacant and available for viewing. Additional units can be shown after ratified contract.Ideal for investors or owner-occupants looking to build long-term wealth and generate consistent income.

730 Roswell Avenue, East Norfolk
$425,000
10630197 MLS
Unique investment and business opportunity set on 3 private acres with multiple income streams already in place. This versatile property features a duplex with two rental units—a 2-bedroom unit on the first floor and a studio apartment on the second—both recently remodeled inside, offering turnkey residential income or owner-occupancy with supplemental rent.The property also includes a separate shop building with its own address, septic system, and established rental income. The shop offers flexibility for a wide range of business uses, making it an excellent option for entrepreneurs, contractors, or investors seeking commercial potential alongside residential income.A shared well services both the duplex& shop. Additional features include a detached garage building, providing ample storage or workspace.With three total rental opportunities and mixed-use flexibility, this property is well-suited for investors looking to expand their portfolio or buyers seeking a live/work setup.

12910 John Clayton Memorial Highway, Mathews
$230,000
10629896 MLS
Duplex offering 2 bedrooms and 1 full bath per unit. Property includes a detached garage, carport, and partially finished attic, providing additional potential for storage or future use. Currently tenant-occupied. Drive-by showings only—please respect tenant privacy. Interior access will be granted upon ratification of a contract. Property is being sold strictly as-is, where-is. Seller will make no repairs. Property may not qualify for traditional financing; cash or rehab loan options are preferred.

2615 Ballentine Boulevard, East Norfolk
$690,000
10628843 MLS
Fantastic investment opportunity! This well-maintained six; 2 bedrooms, 1 bath-units, property offers steady income potential in a prime location. Each unit features spacious layouts and boasts ample parking. Ideal for seasoned investors or those just starting their real estate portfolio. Conveniently located near schools, shopping, and public transportation. Don't miss this chance to own a turnkey multi-family property that generates immediate cash flow!

712 Roswell Avenue, East Norfolk

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.