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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Newport News, VA
$ 204,900
ROI
29.3
Cash Flow/m
544- 4 Bed
- 2 Bath
- 1518 sft
1121 35th St, Newport News, VA, 23607
$ 275,000
ROI
21.7Cash Flow/m
150- - Bed
- - Bath
- 1500 sft
734 30th St, Newport News, VA, 23607
$ 155,000
ROI
34.7Cash Flow/m
646- - Bed
- - Bath
- - sft
111 Tyler Ave, Newport News, VA, 23601
Currently Rented
Rental Income
$ 240,000
ROI
20.6Cash Flow/m
57- 4 Bed
- 2 Bath
- 1680 sft
716 31st St, Newport News, VA, 23607
Why Invest in Newport News, Virginia?
Multi-family properties in Newport News, VA offer strong investment potential with steady rental demand driven by the local shipyard and military presence. Average rents around $1,400 support solid cash flows, while cap rates hover at 6-7%. Annual appreciation of 5% and high renter occupancy near 45% make it attractive for passive income. Low vacancy and growing employment bolster long-term returns in this Hampton Roads gem.
8.5%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Multi-family properties benefit from high renter demand due to shipyard jobs and military presence. Steady appreciation around 5% and cap rates of 6.5% provide reliable returns. Low vacancy supports consistent cash flow.
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