Multifamily

Newport, MI Multifamily Properties 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.

Duplex with Attached Garage
Duplex with Attached Garage

2288 Vivian Road, Monroe, MI 48162

$189,900
1,584 sqft 0.20 AC lot

Duplex featuring two 2-bedroom units with hardwood floors, a full basement, and an attached garage.

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Quad-Plex with Pole Barn
Quad-Plex with Pole Barn

Carleton, MI 48117

$389,900
3,000 sqft

Four-unit building with pole barn and fenced backyard.

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Four-Unit Multifamily Quadplex
Four-Unit Multifamily Quadplex

910 Monroe Street, Carleton, MI 48117

$255,000
3,485 sqft

Four rental units, each with 2 bedrooms and 1 bath, including one currently vacant unit previously used commercially.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

639 Michigan Avenue, Monroe, MI 48162

$126,900
1,510 sqft

Duplex-style property with two separate units, fenced yard, and shared-basement laundry facilities with separate utilities meters.

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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.

Expansive Land with Development Potential
Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000
354.27 AC lot

350+ acres of prime land with two scenic lakes.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

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0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Eastlake Marina District Land
Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000
5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Residential Land in Mount Gilead
Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

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0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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Newport, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Newport, MI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

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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