Residential Income

Newport, MI Residential Income 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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

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.

30-Acre Parcel on Telegraph Road
30-Acre Parcel on Telegraph Road

Telegraph, Newport, MI 48166

$700,000
30.25 AC lot

30.25-acre parcel ideal for commercial, residential, or mixed-use development.

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Lake Erie Waterfront Land Parcel
Lake Erie Waterfront Land Parcel

Noel Street, Newport, MI 48166

$250,000
0.35 AC lot

Waterfront land parcel on Lake Erie with canal access.

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Residential Land in Ash Township
Residential Land in Ash Township

W Sigler Road, Carleton, MI 48117

$79,900
1.93 AC lot

1.93 acre residential land for sale in Carleton, MI.

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Cleared Land Development Opportunity
Cleared Land Development Opportunity

00-4 Mentel Rd, FrenchtownTownship_, Monroe, MI 48162

$74,900
16.07 AC lot

16.07 acre cleared parcel with development potential.

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Off-Market Properties in Newport, MI

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

Brest Rd
Land

0 Brest Rd, Newport, MI 48166

Value Estimation by Request
1.25 AC lot
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Newport, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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
Multifamily properties 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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