Multi Family homes for sale & real estate in Chesapeake, VA

Multi Family Home for sale in Chesapeake, VA:

This income-producing duplex features separate water and electric meters, individual A/C units, and washer and dryer for each unit. Both units are currently rented as short to mid-term term rentals and stay consistently booked. Recent renovations include updated kitchen cabinets, countertops, appliances, remodeled bathrooms, and fresh paint throughout. Private off-street parking and privacy fence around the backyard. This is a turnkey property offering strong cash flow and open for short, mid, or long-term rental potential. Professionally managed and management company has availability to help the new owner keep the property as an investment property.

Multi Family Home for sale in Chesapeake, VA:

Both units have been freshly painted and new flooring has been installed in both units. New kitchen Cabinets & Counter upstairs. Great investment opportunity, live in one unit and have the 2nd unit pay for nearly the whole mortgage payment or rent out both and save the profits. Prime location in downtown portsmouth on corner lot just 2 blocks from Restaurants, Pubs, Commodore Theater, Museums, Churches, Parks, Waterfront, Ferry to Norfolk and any of your other needs. Clear Termite and Moisture provede by seller!

Multi Family Home for sale in Chesapeake, VA:

Investor special! This home at 15 Cotton Place offers a rare opportunity to bring your vision to life in a growing area of Portsmouth. With solid bones and a functional layout, this property is perfect for a full renovation or rental investment. Located on a quiet street with easy access to major highways, shipyards, and downtown amenities. Cash or renovation financing only. Sold as-is — no repairs to be made by Seller. Bring your contractor and imagination!

Multi Family Home for sale in Chesapeake, VA:

Outstanding opportunity to finish a partially renovated fourplex in a desirable area near ODU, Ghent, and downtown Norfolk. Fourteen (14) total bedrooms (2: 3-beds; 2: 4-beds). Demo and framing already complete. If you're looking for a project with significant upside, this property offers the chance to customize final finishes and build value. Property is being sold as is.

Multi Family Home for sale in Chesapeake, VA:

LOCATION! LOCATION! LOCATION! LIVE in the HEART of GHENT in one part and RENT the 2nd part of the house! Impressive historic 6BR/4BATH Craftsman home in the most vibrant Norfolk’s neighborhood (Could be used as DUPLEX: Separate entrances, electric meters, 2 HVAC zones, 2 water heaters; shared laundry in basement). Fully updated in 2024-25: Roof, Kitchens, Bathrooms, Flooring, Paint, Plumbing, Electrical, Lights, HVAC, W/ H. 1st FLOOR UNIT: 2BR/2BA. Open layout with large windows. Gorgeously remodeled kitchen w/ quartz countertops, tall cabinets, farmer’s sink & SS appliances. SPACIOUS Master BR with walk-in closet & own bathroom. 2nd UNIT: 2 & 3rd FLOORS (4BR/2BA

Multi Family Home for sale in Chesapeake, VA:

Welcome Home to this rare waterfront gem in Westhaven, tucked away on a quiet, private street. This charming brick ranch duplex offers sweeping water views and versatile living options perfect for making memories or hosting extended family. The main residence features 2 bedrooms, 2 full baths, a spacious living room with built-ins, a formal dining room, and a kitchen with stainless steel appliances—all filled with natural light and serene views. The in-law apartment includes 1 bedroom, 1 full bath, and its own stunning water vistas. Enjoy peaceful mornings or vibrant gatherings on the wrap-around deck, or unwind by the water with deep water access and a private pier. With a 1-car atta