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480 Main Street, 
Middletown, CT 06457

$1,450,000


8

Beds


10

Baths


13,837

Sq Ft


Multi-Family

Active

Listed by

Lindy Hoyt, (860) 539-2730

Lisa Cozzi

Century 21 Allpoints Realty, (860) 263-2121

Last updated:

February 14, 2026, 12:12 AM

MLS#

24154266

Source:

CT

About This Home

480 Main Street

Welcome to Main St in Middletown! This 10 Unit mixed use brick beauty is anchored by 2 established commercial tenants on the ground level and 8 massive (900+Sq Ft) one-bedroom residential units above- an incredible opportunity for a stabilized asset with additional room for growth in a highly competitive location and market! The long-term ground-floor commercial tenants provide reliable income and contribute substantial CAM payments, ensuring manageable operating expenses for ownership. Seven of the eight residential units have been modernized in recent years, with all tenants responsible for electric and hot water, maximizing net income. Significant value-add opportunity exists as current rents remain below market despite recent renovations. Multiple near-term lease expirations combined with strong comparable rents throughout the neighborhood support immediate, achievable income growth for a new owner! This asset is ideal for an investor seeking a stabilized mixed-use building with reliable income and a clear potential for growth and appreciation in a high-demand market.

Home Facts

Multi-Family

10 Baths

8 Bedrooms

Built in 1917

Price Summary

1,450,000

$104 per Sq. Ft.

MLS #:

24154266

Last Updated:

February 14, 2026, 12:12 AM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

10

Interior

Living Area:

13,837 Sq. Ft.


Structure

Structure

Building Area:

13,837 Sq. Ft.

Year Built:

1917


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$104 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.