Residential Income

New Milford, CT Residential Income Properties for Sale

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6 properties
Mixed-Use Downtown Investment Property
Updated: Jul 21
Mixed-Use Downtown Investment Property

17 Church Street, New Milford, CT 06776

$699,900
3,781 sqft
Mixed‑use building (1912) in New Milford with street‑level commercial plus two upstairs residential apartments
Fully occupied with tenants in both commercial and residential units for immediate income
Two upstairs apartments, each with 3 bedrooms and a full bath
Street‑level units include an operating hair salon and a local restaurant
Each unit offers just under 1,000 SF of finished space
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Residential Income Property
Updated: Aug 2
Residential Income Property

85 Prospect Hill Road, New Milford, CT 06776

$1,599,999
8,891 sqft
1880 construction date
R8 zoning
Units positioned on different floors
Off‑street and on‑street paved parking
Full unfinished basement
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Historic 14-Unit Multifamily Lofts
Historic 14-Unit Multifamily Lofts

29 West Street, New Milford, CT 06776

Contact for pricing
17,056 sqft

Fourteen residential units with loft-style interiors, electric heat pumps, and in-unit washer/dryers in most homes.

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Mixed-Use Building with Office Suites
Mixed-Use Building with Office Suites

14 Elm Street, New Milford, CT 06776

$639,900
3,456 sqft

Updated mixed-use building with three office suites, two 1-bedroom apartments, rented storage, and a rear parking lot.

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Two-Unit Duplex with Open Layout
Two-Unit Duplex with Open Layout

4 Riverview Ct, New Milford, CT 06776

$425,000

Two residential units offer three bedrooms in one and two bedrooms plus a den in the other.

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36-Unit Apartment Community
36-Unit Apartment Community

45 Fort Hill Rd, New Milford, CT 06776

Contact for pricing

36 market-rate apartments in three buildings with 76 parking spaces, including 36 covered tenant-reserved spaces.

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Based on your search, we've compiled 50 Potential Opportunities for your consideration. Besides 6 Active listings in New Milford, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 Off-Market properties to explore as potential leads, 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.

Residential Acreage with Home
Residential Acreage with Home

245 Hoop Pole Hill Road, Woodbury, CT 06798

$1,000,000
62.00 AC lot

62 acres with a 3-bedroom home and open fields, mature woodlands, and rolling meadows.

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Hunting Land with 3-Bedroom Home
Hunting Land with 3-Bedroom Home

Hoop Pole Hill, Woodbury, CT 06798

$250,000
14.90 AC lot

For sale includes 14.9± acres with a 3-bedroom home and rolling meadows, mature woodlands, and open fields.

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Proposed Multifamily Apartment Complex
Proposed Multifamily Apartment Complex

854-874 Federal Rd, Brookfield, CT 06804

Contact for pricing

Planned 181-unit multifamily development with clubhouse and pool, configured across five residential buildings and one mixed residential/retail building.

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Renovated Apartments with Expansion Potential
Renovated Apartments with Expansion Potential

1030 Federal Rd, Brookfield, CT 06804

Contact for pricing
15,804 sqft

Brookfield apartments with approved expansion for 15 units.

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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.

Agricultural Land with 4 Ponds
Agricultural Land with 4 Ponds

45 Old Pumpkin Hill Road, New Milford, CT 06776

$895,000
62.98 AC lot

Large working acreage with open fields, spring-fed ponds, and established hay production.

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Roxbury Land with Approved Driveway
Roxbury Land with Approved Driveway

204 North Street lot: 3, Roxbury, CT 06783

$775,000
26.68 AC lot

26.68 acre lot with engineering and driveway approved.

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Roxbury Land with Historic Charm
Roxbury Land with Historic Charm

179 South Street, Roxbury, CT 06783

$985,000
12.74 AC lot

12.7-acre Roxbury land with views, historic barn, and potential.

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Approved Building Site in Washington
Approved Building Site in Washington

Popple Swamp Road lot: 1 060804, Washington, CT 06794

$750,000
13.45 AC lot

13.45 acre approved building site with engineering complete.

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Off-Market Properties in New Milford, CT

Consider similar Off-Market properties in New Milford, 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.

8 Ee St
APARTMENT HOUSE (5+ UNITS)

8 Ee St, New Milford, CT 06776-3014

$275,000
Estimated value
2,774 sqft 0.26 AC lot
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53 Park Ln Rd
APARTMENT HOUSE (UNDER 5 UNITS)

53 Park Ln Rd, New Milford, CT 06776-2380

$435,000
Estimated value
2,900 sqft 0.57 AC lot
View details
106 Pumpkin Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

106 Pumpkin Hl Rd, New Milford, CT 06776-4651

$610,000
Estimated value
2,668 sqft 0.69 AC lot
View details
1 Ter Pl
APARTMENT HOUSE (UNDER 5 UNITS)

1 Ter Pl, New Milford, CT 06776-2853

$845,000
Estimated value
4,076 sqft 0.28 AC lot
View details
29 Anderson Ave
APARTMENT HOUSE (UNDER 5 UNITS)

29 Anderson Ave, New Milford, CT 06776-3670

$485,000
Estimated value
2,064 sqft 0.18 AC lot
View details
35 Anderson Ave
APARTMENT HOUSE (UNDER 5 UNITS)

35 Anderson Ave, New Milford, CT 06776-3669

$460,000
Estimated value
2,064 sqft 0.19 AC lot
View details
47 Poplar St
APARTMENT HOUSE (5+ UNITS)

47 Poplar St, New Milford, CT 06776-2920

$950,000
Estimated value
39,580 sqft 1.02 AC lot
View details
57 Grv St
APARTMENT HOUSE (UNDER 5 UNITS)

57 Grv St, New Milford, CT 06776-3678

$605,000
Estimated value
3,761 sqft 0.18 AC lot
View details
35 Church St
APARTMENT HOUSE (UNDER 5 UNITS)

35 Church St, New Milford, CT 06776-3098

$355,000
Estimated value
2,623 sqft 0.19 AC lot
View details
21 Nicholas Sq
APARTMENT HOUSE (UNDER 5 UNITS)

21 Nicholas Sq, New Milford, CT 06776-3592

$495,000
Estimated value
2,198 sqft 0.07 AC lot
View details
26 Riv Rd
APARTMENT HOUSE (UNDER 5 UNITS)

26 Riv Rd, New Milford, CT 06776-5543

$540,000
Estimated value
2,822 sqft 0.75 AC lot
View details
94 Boardman Rd
APARTMENT HOUSE (UNDER 5 UNITS)

94 Boardman Rd, New Milford, CT 06776-5551

$645,000
Estimated value
4,295 sqft 0.35 AC lot
View details
72 Grv St
APARTMENT HOUSE (UNDER 5 UNITS)

72 Grv St, New Milford, CT 06776-3633

$630,000
Estimated value
5,440 sqft 0.20 AC lot
View details
127 Railroad St
APARTMENT HOUSE (UNDER 5 UNITS)

127 Railroad St, New Milford, CT 06776-2717

$310,000
Estimated value
3,060 sqft 0.11 AC lot
View details
64 Boardman Rd
APARTMENT HOUSE (UNDER 5 UNITS)

64 Boardman Rd, New Milford, CT 06776-5515

$85,000
Estimated value
1.84 AC lot
View details
7 Bostwick Pl
APARTMENT HOUSE (UNDER 5 UNITS)

7 Bostwick Pl, New Milford, CT 06776-3577

$550,000
Estimated value
3,536 sqft 0.17 AC lot
View details
32 Poplar St
APARTMENT HOUSE (UNDER 5 UNITS)

32 Poplar St, New Milford, CT 06776-2902

$380,000
Estimated value
3,643 sqft 0.58 AC lot
View details
49 Prospect Hl Rd, Unit 51
APARTMENT HOUSE (UNDER 5 UNITS)

49 Prospect Hl Rd, New Milford, CT 06776-3711

Unit 51
$300,000
Estimated value
2,832 sqft 0.53 AC lot
View details

New Milford, CT Residential Income Properties Market Trends and Statistics

Explore 42 residential income properties for sale in New Milford, CT, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 33,184 square feet of properties for sale, with an estimated market value of $3,364,799.

Sale prices for residential income properties in New Milford, CT start at $425,000, averaging $841,199, and reaching up to $1,599,999 — 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 6
Apartment buildings 3
Duplexes 3

Demographics Overview

Population 27K
Population Growth (5Y) +4.2%
Median Household Income $102,240
College Educated 56.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
New Milford $690K
Gaylordsville $695K

Taxes & Financing

Tax Rate (average for all types) 2.90%
Property Tax per SF $38.92 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Litchfield County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in New Milford fall within the 100,000+ square foot range.

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