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Six-Unit Apartment Building
For Sale
$229,000

18 N Main St, Newport, NY 13406

Fully occupied apartment property with updated systems, separate electric metering, outdoor space, and off-street parking.

Property Size3,717 SF
Price / SF$61.61
Days on Market23

Property Features for 18 N Main St

General Information

Standard status Active
Size 3,717 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR, 4 x 1BR
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

yard

Building Details

Year Built 1880
Buildings 1
Listing Agency: Keller-Williams Mohawk Valley
Listed By: Delbert Ball · License #10401246417
Source: Skinnercnyrealty
Added: Aug 9 Changed: Aug 30 Last Checked: Aug 30 at 6:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller-Williams Mohawk Valley

Investment Insights

Based on property information with market context.

This 3,717-square-foot apartment building contains six units: two two-bedroom apartments and four one-bedroom apartments. The property is fully occupied and was built in 1880, with updates that include a propane boiler installed in 2025, six separate electric meters, six hot water heaters, and vinyl replacement windows and doors. Roofing combines steel and asphalt materials.

The property includes a large yard, green space, and off-street parking. It is near a playground and park, approximately minutes from Herkimer and about 25 minutes from Utica. Commercial zoning, village water, and a septic tank are also part of the property’s existing configuration.

Key Highlights

  • Six‑unit building with two 2‑bedroom units and four 1‑bedroom units
  • 3,717 square feet; fully occupied
  • Propane boiler installed in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Butcher Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 13406, NY

392
Population
222
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
85
Density / Sq Mi
$98,000
Median Household Income
$46,027
Median Earnings
$800
Median Rent
$139,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with updated systems, separate electric metering, outdoor space, and off-street parking.
Where is this apartment building located?
The property is located at 18 N Main St Newport, NY.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Six‑unit building with two 2‑bedroom units and four 1‑bedroom units; 3,717 square feet; fully occupied; Propane boiler installed in 2025
More about this property
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