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    New London, CT Residential Income Properties for Sale

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    Dental-Anchored Mixed-Use Property
    Updated: Jul 15
    Dental-Anchored Mixed-Use Property

    27 Broad Street, New London, CT 06320

    $849,000
    5,510 sqft 0.31 AC lot
    5,510‑square‑foot mixed‑use building on 0.31 acres
    Dental practice occupies the commercial component
    Four apartments: two 2BR/1BA and two 1BR/1BA units
    100% leased
    C‑1 zoning with public water and public sewer
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    15-Room Apartment Building
    Updated: Jul 27
    15-Room Apartment Building

    35 Linden Street, New London, CT 06320

    $675,000
    4,220 sqft 0.11 AC lot
    15‑room layout across 3 floors
    Each floor has 5 rental rooms, a full kitchen, and a full bathroom
    Separate heating system and electrical panel for each floor
    4,220 square feet on a 0.11‑acre site
    R‑2 zoning in New London, CT
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    Renovated Three-Family Triplex
    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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    Renovated 12-Unit Apartment Building
    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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    Updated Two-Unit Duplex
    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
    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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    Four-Unit Multifamily Property
    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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    15-Room Apartment Building
    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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    Three-Unit Multifamily Building
    Three-Unit Multifamily Building

    20 Reed Street, New London, CT 06320

    $325,000
    3,134 sqft 0.14 AC lot

    C-1-zoned property with a detached two-car garage, off-street parking, and public utilities.

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    Updated Two-Family Duplex
    Updated Two-Family Duplex

    57 Garfield Avenue, New London, CT 06320

    $350,000
    2,244 sqft 0.20 AC lot

    Tenant-occupied duplex with month-to-month leases, public utilities, and residential zoning.

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    Mixed-Use Building with Dental Tenant
    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
    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
    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
    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
    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
    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
    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
    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
    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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    Duplex With Tandem Garage
    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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    Triplex With Detached Garage
    Triplex With Detached Garage

    20 Reed Street, New London, CT 06320

    $325,000
    3,134 sqft

    Three-family layout with off-street parking and a detached two-car garage in downtown New London.

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    Historic Mixed-Use Apartment & Retail Building
    Historic Mixed-Use Apartment & Retail Building

    35 Union Street, 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.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    26 Rosemary Street, New London, CT 06320

    $419,900
    2,557 sqft

    Well-maintained three-family with two-bedroom units, a refreshed vacant first-floor apartment, tenant-paid utilities, and a detached 2-car garage.

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    Duplex with Nearly Finished Basement
    Duplex with Nearly Finished Basement

    89 Hempstead Street, New London, CT 06320

    $339,900
    1,330 sqft

    The property carries R-3 zoning and includes ductless heating.

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    New London, CT Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in New London, CT, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 245,245 square feet of properties for sale, with an estimated market value of $37,443,500.

    Sale prices for residential income properties in New London, CT start at $249,900, averaging $1,207,854, 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

    Multifamily properties 51
    Apartment buildings 23
    Triplexes 10
    Duplexes 9
    Quadplexes 6

    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 $1.2M

    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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