1221 Poquoson AVE, Poquoson, VA 23662

• 5,290 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

February 15, 2026 at 4:37AM

Listing Office:

EXP Realty LLC : 866-825-7169

Listing Agent:

Hea Joo Kim :

MLS ID:

10613932

Interior

• Flooring: Laminate/LVP
• A/C: Central AirHeat Pump
• Heating: ElectricForced Hot AirHeat Pump

Exterior

• General: BrickOther
• Parking: 1-25 SpcsUnpaved

Construction

• Roofing: Asphalt ShingleOther
• General: ConcreteRenovatedCrawlSlab

Location

• County: Poquoson VA

Lot

• Zoning: R2
• Current Use: Multifamily Apt

Utilities

• Utilities: City SewerCity WaterElectric