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    Newport, NY Residential Income Properties for Sale

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    Herkimer, NY Middleville, NY Schuyler, NY
    Fully Occupied 6-Unit Building
    $229,000
    3,717 SF
    Fully Occupied 6-Unit Building

    18 N Main St, Newport, NY 13406

    Well-maintained 6-unit apartment building with steady rental income.
    • Fully occupied 6‑unit apartment building with 3,717 SF and a mix of four 1‑bedroom units and two 2‑bedroom units.
    • Updates include a new propane boiler in 2025 plus vinyl replacement windows and doors throughout.
    • Separate utilities: six separate electric meters and six hot water heaters.
    • Water and sewer setup includes village water with a septic tank.
    • Parking and exterior features include a garage and a blacktop driveway, with off‑street parking and a large yard/green space.
    Updated: May 5
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    Multi-Unit Retreat with Hydroelectric
    $724,000
    3,854 SF
    Multi-Unit Retreat with Hydroelectric

    3595 Military Road, Newport, NY 13416

    Multi-unit property with main chalet, two guest suites, heated garage, and an energy system with battery storage and generator backup.
    • 18+ acre multi‑unit retreat near the Adirondacks with main chalet and guest cabin.
    • Advanced net‑metering energy system with hydroelectric power, battery storage, and diesel generator backup.
    • Guest cabin with two living suites, offering rental income potential or extended living options.
    • Main chalet features a chef's kitchen with high‑end finishes and a doorless wet room shower.
    • Two‑level barn with half bath for storage and utility.
    Updated: Jan 5
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    Based on your search, we've compiled 11 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, 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.

    Two-Unit Duplex with Covered Porch
    $119,900
    1,526 SF
    Two-Unit Duplex with Covered Porch

    Two-unit duplex features separate kitchens, classic hardwood flooring, and a covered front porch near downtown conveniences.

    82 W Monroe Street, Little Falls, NY 13365

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    Renovated Two-Unit Residence
    $167,900
    2,062 SF
    Renovated Two-Unit Residence

    Renovated two-unit home with updated interiors, four bedrooms, outdoor space, and dedicated parking for strong residential income use.

    222 N Washington St, Herkimer, NY 13350

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    Herkimer Five-Unit Investment Property
    $449,000
    5,008 SF
    Herkimer Five-Unit Investment Property

    Renovated, fully occupied investment property with immediate income potential.

    516 Steuben rd, Herkimer, NY 13350

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    Two-Unit Duplex Investment Property
    $149,000
    2,500 SF
    Two-Unit Duplex Investment Property

    Two-family duplex with two units, six bedrooms, basement storage, and a large outbuilding for flexible residential income use.

    30 W Monroe St, Little Falls, NY 13365

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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.

    Herkimer Vacant Land Ready to Build
    $32,000
    6.20 Acres
    Herkimer Vacant Land Ready to Build

    6.2 acre lot ready to build home or camp.

    1WP Cook Hill Rd, Herkimer, NY 13416

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    Herkimer Vacant Land For Sale
    Contact for pricing
    5.40 Acres
    Herkimer Vacant Land For Sale

    5.4 acre lot suitable for building, hunting, and recreation.

    2WP Cook Hill Rd, Herkimer, NY 13416

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    Utica Land with Cabin Structure
    $55,000
    768 SF
    Utica Land with Cabin Structure

    1.24 acres in Utica, NY with structures.

    7169 State Route 8, Utica, NY 13502

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    Acreage with State Route 5 Frontage
    $200,000
    8,104 SF
    Acreage with State Route 5 Frontage

    Large rural tract with mature woods, open clearings, and convenient frontage for recreation or private development planning.

    State Route 5 lot: 57, Little Falls, NY 13365

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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
    640 SF Lot: 9.00 Acres
    Value Estimation by Request

    688 Elm Tree Rd, Newport, NY 13416-2513

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    Newport, NY Residential Income Properties Market Trends and Statistics

    Explore 3 residential income 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 residential income 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

    Multifamily properties 2
    Apartment buildings 1
    Single family properties 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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