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Updated Two-Family Duplex
For Sale
$350,000
Pending

57 Garfield Avenue, New London, CT 06320

Multi-Family For Sale, Units on different Floors, New London, CT

Property Size2,244 SF
Lot Size0.20 Acres
Days on Market64

Property Features for 57 Garfield Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning res
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bathroom 2
Basement Full
Lot features Corner Lot
Elementary school Per Board of Ed
High school Per Board of Ed
Directions gps
Standard status Pending
Size 2,244 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 3623

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1893
Architectural style Other
Listing Agency: CENTURY 21 Shutters & Sails · Century 21 Real Estate
Listed By: Richard Bates · License #RES.0824572
Added: Jul 2 Changed: Aug 28 Last Checked: Sep 3 at 6:06PM
MLS# 24188361

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 two-family duplex contains 2,244 square feet on a 0.20-acre parcel and includes four bedrooms, two bathrooms, and a basement. Built in 1893, the property has received recent mechanical updates and is equipped with natural-gas heating and window-unit cooling.

Both units are tenant occupied under month-to-month leases. Public water and public sewer serve the property, which is zoned residential. The home is near parks and downtown businesses in New London.

Key Highlights

  • 2,244‑square‑foot two‑family duplex on a 0.20‑acre parcel
  • Four bedrooms, two bathrooms, and a basement
  • Recent mechanical updates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,459
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with month-to-month leases, public utilities, and residential zoning.
Where is this duplex located?
The property is located at 57 Garfield Avenue New London, CT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,244‑square‑foot two‑family duplex on a 0.20‑acre parcel; Four bedrooms, two bathrooms, and a basement; Recent mechanical updates
More about this property
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