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Newport, MI Apartment Buildings for Sale

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Garden-Style Apartment Community
Updated: Apr 10
Garden-Style Apartment Community

Newport, MI 48166

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15.60 AC lot
144‑unit apartment community in Newport, MI on a 15.6‑acre site.
Twelve 2½‑story garden‑style buildings with a unit mix from 650 SF 1BR to 950 SF 2BR.
96% occupancy, maintained over the trailing 12‑month period.
Landlord‑paid gas‑forced air furnaces with replacements completed over the last five years.
2012 coin‑operated laundry with all new machines; pool, clubhouse, and plenty of parking.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Apartment Building with Historic Barn
Apartment Building with Historic Barn

3778 N Custer Road, Monroe, MI 48162

$599,000
5,532 sqft 2.19 AC lot

Apartment building with six rental units, separate utilities, and a renovated dairy barn with loft plus attached office space.

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Mixed-Use Apartment Building
Mixed-Use Apartment Building

23905 Eureka, Taylor, MI 48180

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Fully occupied 10-unit mixed-use apartment building with immediate residential income.

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Two Bedroom Cooperative Unit
Two Bedroom Cooperative Unit

9602 Cornell St, Taylor, MI 48180

$45,999

744 sq ft, 2 bedrooms, 1 bath cooperative unit.

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Apartment Portfolio Investment
Apartment Portfolio Investment

423 Washington Street, Monroe, MI 48162

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Two well-maintained multifamily properties totaling 74 units across 1929 and 1969 buildings with multiple studio and bedroom layouts.

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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.

Land Near Shepherd University
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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Central Business Zoned Development Land
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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Asheville Development Opportunity: 5.94 Acres
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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Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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Newport, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Newport, MI on our real estate platform.

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Demographics Overview

Population 14K
Population Growth (5Y) +20.4%
Median Household Income $70,923
College Educated 26.1%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Newport fall within the 25,000 to 50,000 square foot range.

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