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New London, CT

Multifamily

New London, CT Multifamily Properties for Sale

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Waterford, CT Groton, CT Ledyard, CT East Lyme, CT Niantic, CT Montville, CT Stonington, CT Mystic, CT

17 properties

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Mixed-Use Five-Unit Brick Building

Updated: Jul 15

Mixed-Use Five-Unit Brick Building

27 Broad Street, New London, CT 06320

$899,000

5,510 sqft 0.31 AC lot

Five‑unit Victorian brick mixed‑use building (c. 1900) generating $111,281 gross annual income with stabilized NOI of $70,563
9.81% cap rate at the $899,000 asking price; proforma NOI of $88,233 at market rents
Ground‑floor dental practice tenant on a long‑term lease paying $4,423/month; four residential units above are fully occupied
Residential mix: two 2BR/1BA units and two 1BR/1BA units; all occupied with heat and hot water owner‑paid
Remodeled residential units include LVP flooring, updated kitchens, and stainless appliances (3 of 4 units)

Four-Unit Residential Income Property

Updated: Jun 29

Four-Unit Residential Income Property

49 Chappell Street, New London, CT 06320

$595,000

5,000 sqft 0.36 AC lot

Multi‑home property with a single‑family home plus three townhouse‑like rentals on one lot
Natural gas heating and public water; public sewer
Three rental units include a 1‑bedroom, a 1‑bedroom (lower level), and a 2‑bedroom two‑level unit
Single‑family home features 2 bedrooms with heating and plumbing systems (state of the are described in remarks)
Cooling is provided by window unit(s)

Two-Family Home With Adjacent Lot

Two-Family Home With Adjacent Lot

57 Garfield Avenue, New London, CT 06320

$350,000

2,244 sqft 0.20 AC lot

Two-family residence with tenant-occupied month-to-month leases and recent mechanical updates, plus an adjacent lot.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Mixed-Use Building with Dental Tenant

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.

Mixed-Use Building in Downtown New London

Mixed-Use Building in Downtown New London

53-55 Bank St, New London, CT 06320

$1,625,000

10,636 sqft

Mixed-use property with commercial unit and apartments in downtown.

Mixed-Use Waterfront Building

Mixed-Use Waterfront Building

90-94 Bank St, New London, CT 06320

$1,900,000

12,311 sqft

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

Fully Leased Mixed-Use Building

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.

Mixed-Use Building with Retail and Apartments

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.

Two-Family Residential Income Property

Two-Family Residential Income Property

14 West Pleasant Street, New London, CT 06320

$449,900

2,132 sqft

Two 3-bedroom, 1-bath units with separate utilities and basements, newly painted exterior, and a four-year-old roof.

Historic Mixed-Use Apartment & Retail Building

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.

Mixed-Use Building in Downtown

Mixed-Use Building in Downtown

53 Bank St, New London, CT 06320

$1,625,000

10,636 sqft

Mixed-use property with commercial space and apartments in downtown New London.

Restaurant Bar with Apartments

Restaurant Bar with Apartments

9 Tilley St, New London, CT 06320

Contact for pricing

4,173 sqft

Turnkey restaurant and bar with a second-floor apartment unit and an outdoor patio.

Three-Unit Residential Income Property

Three-Unit Residential Income Property

35 Denison Avenue, New London, CT 06320

$450,000

3,354 sqft

Three-family building with individual floor units, two bedrooms each, off-street parking, and washer/dryer hookups.

Three-Family with Hardwood Floors

Three-Family with Hardwood Floors

205 Crystal Ave, New London, CT 06320

$250,000

Three-family income property with hardwood floors, natural gas, and both on- and off-street parking.

Two-Family Duplex with Flex Space

Two-Family Duplex with Flex Space

96 Blinman St, New London, CT 06320

$350,000

Move-in-ready two-family duplex with separate utilities and flexible interior space for work, play, or home office use.

Downtown Commercial Building Ready Buildout

Downtown Commercial Building Ready Buildout

27 Bank Street, New London, CT 06320

$750,000

11,676 sqft 0.08 AC lot

Four-story, 11,656 SF commercial building with development opportunity.

Downtown Commercial Building Ready for Buildout

Downtown Commercial Building Ready for Buildout

27 Bank St, New London, CT 06320

$750,000

11,656 sqft

Four-story, 11,656 SF building with approvals for mixed-use development.

Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in New London, CT, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

Off-Market Properties in New London, CT

Consider similar Off-Market properties in New London, 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 (UNDER 5 UNITS)

45 Tilley St, New London, CT 06320-8001

Value Estimation by Request

3,944 sqft 0.09 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

17 Dow St, New London, CT 06320-3738

Value Estimation by Request

2,728 sqft 0.27 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

10 Mtn Ave, New London, CT 06320-5692

Value Estimation by Request

1,920 sqft 0.08 AC lot

144 Montauk Ave

APARTMENT HOUSE (UNDER 5 UNITS)

144 Montauk Ave, New London, CT 06320-4866

Value Estimation by Request

3,309 sqft 0.11 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

26 Sherman St, New London, CT 06320-4540

Value Estimation by Request

2,460 sqft 0.42 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

127 Squire St, New London, CT 06320-3420

Value Estimation by Request

3,872 sqft 0.19 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

14 Franklin St, New London, CT 06320-5964

Value Estimation by Request

2,804 sqft 0.08 AC lot

New London, CT Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in New London, CT, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 181,819 square feet of properties for sale, with an estimated market value of $26,367,900.

Sale prices for multifamily properties in New London, CT start at $350,000, averaging $1,883,421, and reaching up to $13,000,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 27K

Population Growth (5Y) +0.7%

Median Household Income $60,224

College Educated 41.7%

High-Yield Neighborhoods for Investment

Identify New London submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
06320	$1.9M

Taxes & Financing

Tax Rate (average for all types) 3.72%

Property Tax per SF $25.71 per SF

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in New London fall within the 10,000 to 25,000 square foot range.

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