Newport, NY
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    Newport, NY Apartment Buildings for Sale

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    Fully Occupied 6-Unit Building
    $229,000
    3,717 SF

    Fully Occupied 6-Unit Building

    18 N Main St, Newport, NY 13406

    Well-maintained 6-unit apartment building with steady rental income.

    • Fully occupied 6‑unit apartment building providing immediate rental income.
    • Recent updates include a new propane boiler (2025), six electric meters, six hot water heaters, and vinyl replacement windows and doors.
    • Large yard and green space with off‑street parking, a rare find for multi‑family properties.
    • Mix of two‑bedroom and one‑bedroom units.
    • Durable steel and asphalt roof.
    Updated: May 5
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, NY, 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.

    Herkimer Five-Unit Investment Property
    $449,000
    5,008 SF

    Herkimer Five-Unit Investment Property

    Renovated, fully occupied investment property with immediate income potential.

    516 Steuben rd, Herkimer, NY 13350
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    Redevelopment Opportunity on Main Street
    $275,000
    46,000 SF

    Redevelopment Opportunity on Main Street

    Mixed-use redevelopment opportunity in Little Falls, New York.

    2-8 West Main Street, Little Falls, NY 13365
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    Little Falls Multifamily Investment Opportunity
    $125,000
    3,240 SF

    Little Falls Multifamily Investment Opportunity

    Six-unit apartment building on a corner lot in Little Falls.

    40 N William Street, Little Falls, NY 13365
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    Mixed-Use Student Housing Investment
    Contact for pricing
    36,500 SF

    Mixed-Use Student Housing Investment

    Mixed-use property with student housing and commercial revenue streams.

    650 W German St, Herkimer, NY 13350
    View details

    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.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    0.10 Acres

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
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    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Newport, NY Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Newport, NY on our real estate platform. These investment opportunities span a total of 3,717 square feet of properties for sale, with an estimated market value of $229,000.

    Sale prices for two-family homes in Newport, NY start at $229,000, averaging $229,000, and reaching up to $229,000 — 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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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $55.48 per sq ft
    Tax Rate 3.24%
    Avg Loan-to-Value 65.0%

    Newport Demographics Overview

    Population 2,120
    Population Growth (5Y) -9.6%
    Median Household Income $83,125
    College Educated 25.3%

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