Four-Unit Multifamily
For Sale
$595,000
Pending
49 Chappell Street, New London, CT 06320
Multi-Family For Sale, Units are Side-by-Side,Other, New London, CT
Property Size5,000 SF
Lot Size0.36 Acres
Days on Market67
Property Features for 49 Chappell Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Basement, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5
Basement
Concrete, Full
Lot features
Secluded, Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS
Subdivision
Bates Woods Park
Standard status
Pending
Size
5,000 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
6200
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1950
Architectural style
Other
Listing Agency:
CENTURY 21 Shutters & Sails · Century 21 Real Estate
(860) 331-1510
Listed By:
Richard Bates · License #RES.0824572
(860) 917-9111
Added: Jun 29
Changed: Aug 27
Last Checked: Sep 3 at 3:06PM
MLS# 24187758
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily property includes a two-bedroom single-family home and a separate three-family configuration. The additional units include two one-bedroom residences and a two-bedroom, two-level unit. The property contains approximately 5,000 square feet on 0.36 acres and was built in 1950.
R-2 zoning supports the existing residential configuration. Building systems include natural-gas heating, window-unit cooling, public water, and public sewer. Located at 49 Chappell Street in New London, Connecticut, the property offers four residential units within an established multifamily setup.
R-2 zoning supports the existing residential configuration. Building systems include natural-gas heating, window-unit cooling, public water, and public sewer. Located at 49 Chappell Street in New London, Connecticut, the property offers four residential units within an established multifamily setup.
Key Highlights
- Four‑unit configuration with one two‑bedroom home and three additional rental units
- 5,000 square feet on 0.36 acres
- Three‑family section includes two 1‑bedroom units and one 2‑bedroom, 2‑level unit
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
Explore this area
Business Placement
Demographics for 06320, CT
27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with a two-bedroom home and three additional rental units in New London.
Where is this quadplex located?
The property is located at 49 Chappell Street New London, CT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Four‑unit configuration with one two‑bedroom home and three additional rental units; 5,000 square feet on 0.36 acres; Three‑family section includes two 1‑bedroom units and one 2‑bedroom, 2‑level unit
