Norwich, CT Apartment Buildings for Sale

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Updated: Jun 6

7-Unit Multifamily Property

7 Broad Street, Norwich, CT 06360

$895,000

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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Updated: Jun 5

7-Unit Multifamily Apartment Building

202 Broadway, Norwich, CT 06360

$895,000

3,861 sqft

7‑unit multifamily property built in 1843
100% occupancy with current off‑street parking
Units reported in above‑market condition, supporting immediate rent growth
Projected NOI of approximately $88K based on pro forma rents
Projected 14% cash‑on‑cash return referenced in the remarks

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Griswold Multifamily Conversion Opportunity

54 North Main St, Griswold, CT 06351

$650,000

24,099 sqft

24,099 SF building with approved plans for 43 apartments.

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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

292 asylum street norwich, Norwich, CT 06360

$1,700,000

10,010 sqft

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Norwich, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Building with Dental Tenant

27 Broad Street, New London, CT 06320

$899,000

5,510 sqft

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

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Mixed-Use Historic Building

117 Water Street, Stonington, CT 06378

$4,250,000

12,145 sqft 0.12 AC lot

11-unit mixed-use building with renovated residential suites and four commercial spaces featuring off-the-sidewalk entry and glass storefronts.

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Mixed-Use Historic Building

117 Water Street, Stonington, CT 06378

$4,250,000

12,145 sqft 0.12 AC lot

Historic mixed-use property with seven residential suites and four storefront-ready commercial suites.

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Historic Mixed-Use Apartment & Retail Building

35 Union St, New London, CT 06320

$13,000,000

75,075 sqft

Converted from a 1872 hotel, it combines apartments, ground-floor retail, and a restored ballroom in one owned property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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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.

APARTMENT HOUSE (5+ UNITS)

214 Broadway, Norwich, CT 06360-4322

$560,000

Estimated value

6,064 sqft 0.28 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

40 Boswell Ave, Norwich, CT 06360-4579

Value Estimation by Request

3,930 sqft 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

195-197 Laurel Hl Ave, Norwich, CT 06360

Value Estimation by Request

4,938 sqft 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

526 Canterbury Tpke, Norwich, CT 06360-1316

$675,000

Estimated value

4,293 sqft 2.37 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

12 Aspinook St, Griswold, CT 06351-1843

Value Estimation by Request

2,800 sqft 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

60-62 Pearl St, Norwich, CT 06360

Value Estimation by Request

5,158 sqft 0.54 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

180 Prospect St, Norwich, CT 06360-3809

Value Estimation by Request

3,979 sqft 0.42 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

25 Boswell Ave, Norwich, CT 06360-4580

Value Estimation by Request

3,550 sqft 0.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

139 Boswell Ave, Norwich, CT 06360-4581

Value Estimation by Request

4,232 sqft 0.56 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

172 Broadway, Norwich, CT 06360-4498

Value Estimation by Request

2,928 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

16 Spaulding St, Norwich, CT 06360-3661

Value Estimation by Request

3,539 sqft 0.12 AC lot

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APARTMENT HOUSE (5+ UNITS)

568 Main St, Norwich, CT 06360-3257

Value Estimation by Request

4,284 sqft 0.08 AC lot

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APARTMENT HOUSE (5+ UNITS)

30 Anthony St, Griswold, CT 06351-2210

$900,000

Estimated value

7,570 sqft 0.37 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

12 Penobscot St, Norwich, CT 06360-5968

Value Estimation by Request

2,462 sqft 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

80 Old Division St, Norwich, CT 06360-7701

Value Estimation by Request

2,392 sqft 0.19 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

677 Main St, Norwich, CT 06360-2856

Value Estimation by Request

2,599 sqft 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

251 Laurel Hl Ave, Norwich, CT 06360-6339

Value Estimation by Request

2,511 sqft 0.31 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

112 Mckinley Ave, Norwich, CT 06360-3604

Value Estimation by Request

3,201 sqft 0.12 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

187 Laurel Hl Ave, Norwich, CT 06360-6356

Value Estimation by Request

3,037 sqft 0.08 AC lot

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Norwich, CT Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Norwich, CT, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 57,582 square feet of properties for sale, with an estimated market value of $4,790,000.

Sale prices for two-family homes in Norwich, CT start at $650,000, averaging $958,000, and reaching up to $1,700,000 — 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	$1.1M

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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Norwich, CT Apartment Buildings for Sale

7 Broad Street, Norwich, CT 06360

202 Broadway, Norwich, CT 06360

54 North Main St, Griswold, CT 06351

54 North Main Street, Griswold, CT 06351

292 asylum street norwich, Norwich, CT 06360

Opportunities in Nearby Cities

27 Broad Street, New London, CT 06320

117 Water Street, Stonington, CT 06378

117 Water Street, Stonington, CT 06378

35 Union St, New London, CT 06320

Potential Development Sites for Consideration

69 Martense Street, Brooklyn, NY 11226

107 HOWARD Street, La Plata, MD 20646

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

215 N Bear Creek Road, Asheville, NC 28806

Off-Market Properties in Norwich, CT

214 Broadway, Norwich, CT 06360-4322

40 Boswell Ave, Norwich, CT 06360-4579

195-197 Laurel Hl Ave, Norwich, CT 06360

526 Canterbury Tpke, Norwich, CT 06360-1316

12 Aspinook St, Griswold, CT 06351-1843

60-62 Pearl St, Norwich, CT 06360

180 Prospect St, Norwich, CT 06360-3809

25 Boswell Ave, Norwich, CT 06360-4580

139 Boswell Ave, Norwich, CT 06360-4581

172 Broadway, Norwich, CT 06360-4498

16 Spaulding St, Norwich, CT 06360-3661

568 Main St, Norwich, CT 06360-3257

30 Anthony St, Griswold, CT 06351-2210

12 Penobscot St, Norwich, CT 06360-5968

80 Old Division St, Norwich, CT 06360-7701

677 Main St, Norwich, CT 06360-2856

251 Laurel Hl Ave, Norwich, CT 06360-6339

112 Mckinley Ave, Norwich, CT 06360-3604

187 Laurel Hl Ave, Norwich, CT 06360-6356

Norwich, CT Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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