New London, CT Multifamily Properties for Lease

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Updated: Jun 10

Two-Bedroom Apartment Unit

575 Bank Street Unit 206, New London, CT 06320

$1,495/Mo

17,032 sqft

Unit 206 is a 2‑bedroom apartment at 575 Bank Street in New London, CT
Located on Bank St
Year built: 1919
Convenient for nearby employers and schools, including L&M Hospital, Electric Boat, the Navy Base, Pfizer, Mitchell College, and Conn College (10–15 minute drive)
Train station is about 5 minutes away

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Updated: Jul 20

Second-Floor One-Bedroom Apartment

251 Williams St 2, New London, CT 06320

$1,400/Mo

Updated one‑bedroom, second‑floor apartment
Heat included
Private entrance
Spacious eat‑in kitchen
Updated bathroom

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Three-Story Apartment Building

35 Linden St, New London, CT 06320

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Three-level rental property with separate kitchens, bathrooms, heating systems, and electrical panels on each floor.

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5-Unit Dental-Anchored Mixed-Use Property

27 Broad St, New London, CT 06320

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Fully leased downtown property combines a dental practice with four upstairs apartments and included heat and hot water.

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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 4 Active listings in New London, CT, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 34 Properties for Sales.

Multifamily properties for Lease in Nearby Cities

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

Mixed-Use Office and Apartments

296 Mitchell St, Groton, CT 06340

Contact for pricing

5,355 sqft 0.42 AC lot

Mixed-use building with an office suite, two apartments with private entrances, annex storage/workshop space, and a separately leased detached garage.

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Remodeled Apartments in Groton, CT

99 Grove Ave, Groton, CT 06340

$1,950/Mo

3.75 AC lot

Newly remodeled 2-bedroom apartments with in-unit washer/dryers.

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Mixed-Use Property with Office Space

82 Salem Tpke, Norwich, CT 06360

Contact for pricing

Street-level accessibility and upper-floor apartments support a combined commercial and short-term rental configuration.

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Restaurant with Apartments For Rent

170 & 178 Yantic Rd, Norwich, CT 06360

$4,236/Mo

2.78 AC lot

Former restaurant with apartments, renovation needed, near upcoming inn.

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Similar Spaces for Sale in New London, CT

Consider Similar Space for Sale. We found 34 Spaces matching your search parameters.

Renovated Six-Unit Apartment Building

119 Lincoln Avenue, New London, CT 06320

$949,900

4,134 sqft 0.30 AC lot

Fully occupied apartment property with dedicated parking and shared outdoor amenities.

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Dental-Anchored Mixed-Use Property

27 Broad Street, New London, CT 06320

$849,000

5,510 sqft 0.31 AC lot

Fully leased five-unit building combines a commercial occupant with four residential apartments in downtown New London.

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Renovated 12-Unit Apartment Building

82 Maple Avenue, New London, CT 06320

$1,700,000

8,732 sqft 0.34 AC lot

Two-story property with a mix of renovated, in-progress, and gutted units, plus a basement and open porch.

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15-Room Apartment Building

35 Linden Street, New London, CT 06320

$675,000

4,220 sqft 0.11 AC lot

Three-level residential property with five rental rooms, a kitchen, bathroom, heating system, and electrical panel on each floor.

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Renovated Three-Family Triplex

198 Montauk Avenue, New London, CT 06320

$715,000

2,369 sqft 0.17 AC lot

Three-family property with updated kitchens, baths, mechanical systems, laundry facilities, and off-street parking.

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Updated Two-Unit Duplex

93 Squire & 0 Moran Street, New London, CT 06320

$550,000

2,516 sqft 0.24 AC lot

Two three-bedroom units feature updated kitchens, separate utilities, and flexible interior space.

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Four-Unit Multifamily Property

144 Montauk Avenue, New London, CT 06320

$650,000

3,309 sqft 0.11 AC lot

Four separately metered apartments include a full unfinished basement, deck, replacement windows, and a recently installed roof.

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15-Room Apartment Building

35 Linden St, New London, CT 06320

$675,000

4,220 sqft

Three-floor configuration provides separate kitchens, bathrooms, heating systems, and electrical panels for each level.

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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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Fully Leased Mixed-Use Building

147 Bank St, New London, CT 06320

$1,350,000

8,701 sqft

Fully leased downtown New London building with ground-floor commercial space and apartments on the upper floors.

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Quadplex with New Roof

144 Montauk Ave, New London, CT 06320

$650,000

3,309 sqft 0.11 AC lot

Separate utility metering, basement storage, and replacement windows support practical multifamily operations.

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Mixed-Use Building with Passenger Elevator

12 Masonic St, New London, CT 06320

$2,175,000

20,948 sqft

Mixed-use building combining first-floor retail/office space, upper office suites, and four recently converted apartments.

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Updated Two-Family Duplex

93 Squire & 0 Moran Street, New London, CT 06320

$550,000

2,516 sqft

Two three-bedroom units feature separate utilities, updated kitchens, and flexible attic space.

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Renovated Three-Unit Triplex

198 Montauk Avenue, New London, CT 06320

$715,000

2,369 sqft

Updated three-family property with separate utilities, on-site laundry, and off-street parking.

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Mixed-Use Waterfront Building

90-94 Bank Street, New London, CT 06320

$1,888,000

12,311 sqft

Three-story mixed-use property offers apartments plus retail storefronts and an industrial/flex unit in a waterfront district.

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Mixed-Use Building with Retail and Apartments

153 Bank St, New London, CT 06320

$1,725,000

17,378 sqft

A 3-story mixed-use building combining ground-floor retail units with apartments above in downtown New London.

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Two-Unit Duplex with Basement

14 Blackhall Street, New London, CT 06320

$375,000

2,004 sqft

The property includes a front porch, basement utility space, and off-street parking.

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Three-Property Multifamily Portfolio

373-387 Jefferson Ave, New London, CT 06320

$730,000

3,482 sqft

Portfolio includes three residential properties, with two currently tenant occupied.

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Duplex With Tandem Garage

35 Moore Avenue, New London, CT 06320

$479,900

2,420 sqft

Two-unit residential property with updated interiors, separate utilities, basement storage, and covered porch space.

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Four-Unit Multifamily Property

49 Chappell Street, New London, CT 06320

$595,000

5,000 sqft 0.36 AC lot

Residential income property with a two-bedroom home and three additional rental units in New London.

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New London, CT Multifamily properties Lease Rates & Market Statistics

Explore 4 Multifamily properties for lease in New London, CT on Realmo, a commercial real estate exchange covering the New London area. The current inventory totals 17,032 square feet of properties.

Asking lease rates for Multifamily properties in New London start at $1,400/Mo, average $1,447/Mo, and reach $1,495/Mo at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Multifamily properties are one of the more limited space types in New London, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Other residential income properties (5 listings) elsewhere in the New London market.

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