13-15 Portland Street, Middletown, CT 06457

Middletown
Local realty services provided by:ERA Insite Realty Services
13-15 Portland Street,Middletown, CT 06457
$1,300,000
  • 12 Beds
  • 8 Baths
  • 9,890 sq. ft.
  • Multi-family
  • Active
Listed by: sacha armstrong(860) 538-7778
Office: william pitt sotheby's international realty(860) 682-9991
MLS#:24178851
Source:CT

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$131.45

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, 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 an ERA®  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® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:24178851
  • Added:53 day(s) ago
  • Updated:July 20, 2026 at 11:32 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:6
  • Half bathrooms:2
  • Rooms Total:30
  • Basement Description:Full Basement
  • Living area:9,890 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Gas on Gas

Structure and exterior

  • Roof:Asphalt Shingle, Metal
  • Year built:1900
  • Building area:9,890 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Water View
  • Architectural Style:Units are Side-by-Side
  • Construction Materials:Wood

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$131.45
  • Tax amount:$13,932 (July 2025-June 2026)

Parking

  • Total parking spaces:10
  • Parking description:Attached Garage, Off Street Parking, On Street Parking, Paved
  • Garage:Yes
  • Garage spaces:2
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.

New listings near 13-15 Portland Street