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.
Situated in the heart of Poquoson, Virginia, this is a once-in-a-lifetime opportunity to acquire the last remaining large parcel of deep waterfront land in the city. Spanning 15.09 acres, this pristine property boasts tons of breathtaking waterfront along desirable white house cove. This is the opportunity to create a dream development offering unparalleled views and direct access to the water.

The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
© 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.
REIN updates its listings on a daily basis. Data last updated: {{last updated}}.
Poquoson is located in Virginia. Poquoson, Virginia has a population of 12,382. Poquoson is less family-centric than the surrounding county with 39.59% of the households containing married families with children. The county average for households married with children is 39.59%.
The median household income in Poquoson, Virginia is $112,026. The median household income for the surrounding county is $112,026 compared to the national median of $69,021. The median age of people living in Poquoson is 43 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 45.7 inches per year, with 3.6 inches of snow per year.