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    Newport, NY
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    Newport, NY Multifamily Properties for Sale

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    Herkimer, NY Middleville, NY Schuyler, NY Poland, NY Utica, NY Ohio, NY Barneveld, NY Little Falls, NY
    Six-Unit Apartment Building with Yard
    Updated: May 5
    Six-Unit Apartment Building with Yard

    18 N Main St, Newport, NY 13406

    $229,000
    3,717 sqft
    3,717 SF fully occupied six‑unit apartment building with two two‑bedroom and four one‑bedroom units
    Brand‑new propane boiler installed in 2025
    Six separate electric meters and six hot water heaters
    Vinyl replacement windows and doors throughout
    Roof described as metal and rolled hot mop; exterior vinyl siding
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    Triplex Retreat with Main Chalet
    Updated: Jan 5
    Triplex Retreat with Main Chalet

    3595 Military Road, Newport, NY 13416

    $724,000
    3,854 sqft 18.00 AC lot
    18+ acres near the Adirondacks with main chalet plus guest cabin suites
    Main chalet: 3 bedrooms, 2 full bathrooms, and a full basement
    Guest cabin includes two suites: 2‑bedroom/1‑bath full kitchen plus 3–4‑bedroom/2‑bath suite with kitchen hookups
    Advanced net‑metering energy system with public utility access, on‑site hydroelectric power, battery storage, and diesel generator backup
    Heated 2‑car garage plus new water boiler
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Two-Unit Duplex with Outbuilding
    Two-Unit Duplex with Outbuilding

    Little Falls, NY 13365

    $120,000
    2,500 sqft

    Two apartments are leased month to month, with basement storage, an additional outbuilding, and nearby daily conveniences.

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    Two-Unit Duplex with Covered Porch
    Two-Unit Duplex with Covered Porch

    82 W Monroe Street, Little Falls, NY 13365

    $109,900
    1,526 sqft 0.10 AC lot

    Two-unit duplex with separate kitchens, a covered front porch, forced-air natural gas heat, and public water service.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    414 & 414 1/2 N Prospect St., Herkimer, NY 13350

    $109,900
    0.24 AC lot

    Two separate homes contain apartments with all units currently occupied.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    $399,999
    0.12 AC lot

    Fully renovated, well-maintained five-unit apartment building with off-street driveway parking and porch entries on a 0.115-acre lot.

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    Off-Market Properties in Newport, NY

    Consider similar Off-Market properties in Newport, NY. 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.

    688 Elm Tree Rd
    CAMPGROUND, RV PARK

    688 Elm Tree Rd, Newport, NY 13416-2513

    $250,000
    Estimated value
    640 sqft 9.00 AC lot
    View details

    Newport, NY Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Newport, NY on our real estate platform. These investment opportunities span a total of 7,571 square feet of properties for sale, with an estimated market value of $953,000.

    Sale prices for multifamily properties in Newport, NY start at $229,000, averaging $476,500, and reaching up to $724,000 — 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

    Apartment buildings 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Middleville $229K
    Newport $724K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Property Tax per SF $55.48 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Herkimer County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Newport, NY

    • 13406
    • 13416

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