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About This Home
This 0-bedroom, 0-bathroom commercial at 1221 Poquoson Avenue in Poquoson, VA is listed for $1,995,000 ($377 per sqft). Built in 1949, the home offers 5,290 sqft of living space on a 2.08 acres lot.
Rare opportunity to acquire a 13-unit income-producing property situated on 2.08 acres in the heart of Poquoson. The asset includes an 8-unit apartment complex, two duplex buildings (4 units), and one single-family cottage, offering a diversified unit mix and multiple income streams within a single acquisition.
Offered at $1,995,000, this property provides scale, land, and long-term upside in a market with limited multifamily supply. The expansive parcel supports value-add potential through operational improvements, rent optimization, or future redevelopment strategies.
Public water, sewer, and utilities are available. Strategically located along Poquoson Avenue with convenient access to major routes, employment centers, and daily amenities. Great for investors seeking a stable asset with land, unit density, and strong fundamentals in a resilient Hampton Roads submarket. Financials and additional details available upon request. Private tours by appointment only.
Key Features
- Built in 1949
- 2.08 acre lot
Property Details
Amenities
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1221 Poquoson Avenue
Poquoson, VA 23662
ALL OTHERS AREA 111
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1221 Poquoson Avenue is listed at $1,995,000 ($377/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 2.08 acre lot.
This property is listed by Hea Joo Kim and can be reached at (866) 825-7169 or heajookimrealtor@gmail.com.


