For Sale
Multi family home for sale at 13-15 Portland St, Middletown, CT 06457 | MLS# 24178851 | Listing updated on 2026-08-10
Photo 1 of Multi family home for sale at 13-15 Portland St, Middletown, CT 06457 | MLS# 24178851 | Listing updated on 2026-08-10
Photo 2 of Multi family home for sale at 13-15 Portland St, Middletown, CT 06457 | MLS# 24178851 | Listing updated on 2026-08-10
Photo 3 of Multi family home for sale at 13-15 Portland St, Middletown, CT 06457 | MLS# 24178851 | Listing updated on 2026-08-10
Photo 4 of Multi family home for sale at 13-15 Portland St, Middletown, CT 06457 | MLS# 24178851 | Listing updated on 2026-08-10
30+
Beds Icon

Street View

$1,300,000

Monthly Est:$6,471

  • Beds Icon12 Beds
  • Beds Icon
    8 Baths
  • Beds Icon9,890sqft

13-15 Portland St, Middletown, CT 06457

$6,471/moEst:

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  • Multi Family

  • Built in 1900

  • $-- HOA

  • 11,325.6 sqft lot

  • $131/sq.ft

Description

Unique mixed-use opportunity in Middletown offering strong cash flow and flexible ownership potential. Property consists of a fully occupied 4-family, a fully occupied 2-family, and two 1,600 SF commercial garage/workshop spaces all situated on one lot with views of the Connecticut River and Arrigoni Bridge. One commercial space is leased, while the second vacant garage offers ideal owner-user potential for contractors, storage, workshop space, or additional rental income. Projected 8.2% cap at current occupancy, with stabilization potential of approximately 9.4-9.8% upon lease of the 2nd garage. Residential units feature a desirable mix of 1-, 2-, and 3-bedroom layouts with updates completed over time, including newer boilers and water heaters. Off-street parking, minutes to Route 9, downtown Middletown, and walking distance to Wesleyan University. Property conveyed as-is.

  • Houzeo last checked: 11 minutes ago
  • Listing updated: August 10, 2026 at 7:01 am
  • Listing Provided by: Sacha Armstrong | William Pitt Sotheby's International Realty
  • Source: SMART MLS-CT | MLS#: 24178851 SMART MLS-CT

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Middlesex County

  • City

    Middletown

  • Neighborhood

    --

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    9,890 sqft

  • Lot Size

    11,325.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    SMART MLS

  • MLS Number

    24178851

  • MLS Status

    Active

  • Days on Market

    133

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Location

HOA Management

0

HOA Fees

$-/

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 12

    Bathrooms: 8

Interior

  • Sewer

    Public Sewer Connected

  • Cooling

    Window Unit

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Multi Family

  • Foundation Details

    Concrete, Stone

  • Roof

    Asphalt Shingle, Metal

  • Architectural Style

    Units On Different Floors, Units Are Side By Side

Utilities & Energy

  • Basement

    Full

  • Parking Features

    Attached Garage, Paved, On Street Parking, Off Street Parking

  • Water Source

    Public Water Connected

Other Features

  • Lot Features

    Water View

  • Subdivision Name

    N/a

Price History

DateEventPrice

05/27/2026

Source: mls_logoSMART MLS-CT #24178851

Listed for Sale

$1,300,000

$131/sqft

Nearby Homes

Based on information provided to and compiled by the SMART MLS, Inc. through Oct 08, 2026, 07:16AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 SMART MLS, Inc. All Rights Reserved.

Advertising Broker: Derek Greene | The Greene Realty Group