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Norwich, CT Apartment Buildings for Sale

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7-Unit Multifamily Property
Updated: Jun 6
7-Unit Multifamily Property

7 Broad Street, Norwich, CT 06360

$795,000
5,069 sqft 0.39 AC lot
7‑unit multifamily property, originally built in 1820
Unit mix includes three 2‑bedroom units, two 1‑bedroom units, and two studio units
Currently 100% occupied, with two units recently leased at market rents
Tenant‑paid utilities plus off‑street parking
Public water and sewer services; sits on a 0.39‑acre lot
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Griswold Multifamily Conversion Opportunity
Updated: Mar 10
Griswold Multifamily Conversion Opportunity

54 North Main St, Griswold, CT 06351

$650,000
24,099 sqft
Town approved plans for conversion to 43 apartments (37 one‑bedroom, 6 two‑bedroom).
Great re‑development opportunity in an area with high demand for apartments.
24,099 SF commercial building with 2 stories and full basement.
13 handicap accessible units on the first floor.
Financing available through Jewett City Bank.
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Former School Approved for Apartments
Former School Approved for Apartments

54 North Main Street, Griswold, CT 06351

$650,000
14,543 sqft 14,543.00 AC lot

Two-story commercial building with approved plans for 43 apartments.

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Multifamily Duplex Portfolio For Sale
Multifamily Duplex Portfolio For Sale

292 asylum street norwich, Norwich, CT 06360

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10,010 sqft

Portfolio of 10 apartment units and 5 houses, fully leased.

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6-Unit Apartment Building
6-Unit Apartment Building

30 Main St, Griswold, CT 06351

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Two-story residential property with efficiency and one-bedroom apartment layouts near downtown Griswold.

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11-Unit Mixed-Use Property
11-Unit Mixed-Use Property

1 E Main St, Griswold, CT 06351

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Residential and commercial spaces share a building with separate utilities and coin-operated laundry.

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Four-Story Mixed-Use Property
Four-Story Mixed-Use Property

287-291 Main St, Norwich, CT 06360

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Brick downtown property combines residential apartments with retail space.

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Multifamily
Multifamily

103 Thermos Ave, Norwich, CT 06360

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Apartment buildings

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Norwich, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Apartment Building
5-Unit Apartment Building

8 Highview Avenue, Hopkinton, RI 02832

$833,000
3,597 sqft 0.80 AC lot

Lead-certified multifamily property with two updated residences, off-street parking, and R-1 zoning.

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Mixed-Use Building with Dental Tenant
Mixed-Use Building with Dental Tenant

27 Broad Street, New London, CT 06320

$849,000
5,510 sqft

Five-unit Victorian brick building with a ground-floor dental practice and four residential units, fully occupied.

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Affordable Housing Multifamily Property
Affordable Housing Multifamily Property

332 Canonchet Rd, Hopkinton, RI 02873

Contact for pricing
22,076 sqft 3.70 AC lot

15-unit affordable housing property with easy access to I-95.

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8-Unit Mixed-Use Property
8-Unit Mixed-Use Property

78 Broad St, New London, CT 06320

Contact for pricing

Three apartments have been fully renovated, alongside four retail suites.

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Off-Market Properties in Norwich, CT

Consider similar Off-Market properties in Norwich, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

214 Broadway
APARTMENT HOUSE (5+ UNITS)

214 Broadway, Norwich, CT 06360-4322

$270,000
Estimated value
6,064 sqft 0.28 AC lot
View details
40 Boswell Ave
APARTMENT HOUSE (UNDER 5 UNITS)

40 Boswell Ave, Norwich, CT 06360-4579

$260,000
Estimated value
3,930 sqft 0.20 AC lot
View details
195-197 Laurel Hl Ave
APARTMENT HOUSE (UNDER 5 UNITS)

195-197 Laurel Hl Ave, Norwich, CT 06360

$365,000
Estimated value
4,938 sqft 0.17 AC lot
View details
526 Canterbury Tpke
APARTMENT HOUSE (UNDER 5 UNITS)

526 Canterbury Tpke, Norwich, CT 06360-1316

$685,000
Estimated value
4,293 sqft 2.37 AC lot
View details
12 Aspinook St
APARTMENT HOUSE (UNDER 5 UNITS)

12 Aspinook St, Griswold, CT 06351-1843

$60,000
Estimated value
2,800 sqft 0.17 AC lot
View details
60-62 Pearl St
APARTMENT HOUSE (UNDER 5 UNITS)

60-62 Pearl St, Norwich, CT 06360

$335,000
Estimated value
5,158 sqft 0.54 AC lot
View details
180 Prospect St
APARTMENT HOUSE (UNDER 5 UNITS)

180 Prospect St, Norwich, CT 06360-3809

$215,000
Estimated value
3,979 sqft 0.42 AC lot
View details
25 Boswell Ave
APARTMENT HOUSE (UNDER 5 UNITS)

25 Boswell Ave, Norwich, CT 06360-4580

$260,000
Estimated value
3,550 sqft 0.31 AC lot
View details
139 Boswell Ave
APARTMENT HOUSE (UNDER 5 UNITS)

139 Boswell Ave, Norwich, CT 06360-4581

$385,000
Estimated value
4,232 sqft 0.56 AC lot
View details
172 Broadway
APARTMENT HOUSE (UNDER 5 UNITS)

172 Broadway, Norwich, CT 06360-4498

$395,000
Estimated value
2,928 sqft 0.18 AC lot
View details
16 Spaulding St
APARTMENT HOUSE (UNDER 5 UNITS)

16 Spaulding St, Norwich, CT 06360-3661

$325,000
Estimated value
3,539 sqft 0.12 AC lot
View details
568 Main St
APARTMENT HOUSE (5+ UNITS)

568 Main St, Norwich, CT 06360-3257

$375,000
Estimated value
4,284 sqft 0.08 AC lot
View details
30 Anthony St
APARTMENT HOUSE (5+ UNITS)

30 Anthony St, Griswold, CT 06351-2210

$900,000
Estimated value
7,570 sqft 0.37 AC lot
View details
12 Penobscot St
APARTMENT HOUSE (UNDER 5 UNITS)

12 Penobscot St, Norwich, CT 06360-5968

$315,000
Estimated value
2,462 sqft 0.16 AC lot
View details
80 Old Division St
APARTMENT HOUSE (UNDER 5 UNITS)

80 Old Division St, Norwich, CT 06360-7701

$310,000
Estimated value
2,392 sqft 0.19 AC lot
View details
677 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

677 Main St, Norwich, CT 06360-2856

$300,000
Estimated value
2,599 sqft 0.11 AC lot
View details

Norwich, CT Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Norwich, CT, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 53,721 square feet of properties for sale, with an estimated market value of $2,095,000.

Sale prices for two-family homes in Norwich, CT start at $650,000, averaging $698,333, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 42K
Population Growth (5Y) +2.5%
Median Household Income $70,774
College Educated 36.4%

High-Yield Neighborhoods for Investment

Identify Norwich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06360 $795K

Taxes & Financing

Tax Rate (average for all types) 4.31%
Property Tax per SF $54.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New London County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norwich fall within the 100,000+ square foot range.

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