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Two-Family Duplex with Unfinished Basement
New
For Sale
$255,444

361 Central Ave, Norwich, CT 06360

Two-family duplex with open front porches, rear deck, and a full unfinished basement; built in 1885.

Property Size3,047 SF
Price / SF$83.83
Days on Market5

Property Features for 361 Central Ave

General Information

Standard status Active
Size 3,047 SF
Property subtype Multi Family

Amenities

full unfinished basement
open front porches
rear deck

Building Details

Building Size 3,047 SF
Year Built 1885
Tenancy Multi
Listing Agency: Five Stars Realty
Listed By: Maria Pirulli
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 31 at 9:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Stars Realty

Investment Insights

Based on property information with market context.

This two-family duplex is a spacious restoration opportunity built in 1885. The home offers approximately 3,047 square feet of living space with 14 total rooms, including 8 bedrooms, 3 full bathrooms, and 2 half bathrooms distributed across two residential units. A full unfinished basement provides additional space to suit future needs.

Exterior features include open front porches and a rear deck. The property is offered in as-is condition and requires substantial updates, making it well-suited for buyers looking for a value-add renovation project.

Conveniently located near local shopping, restaurants, schools, public transportation, and major roadways, the property provides an accessible setting for an owner-occupant or investor. Buyers are encouraged to perform their own due diligence regarding condition and future use.

Key Highlights

  • Approximately 3,047 square feet of living space in two residential units
  • 14 total rooms with 8 bedrooms
  • 3 full bathrooms and 2 half bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Nail Salon Hair Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 06360, CT

37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-family duplex with open front porches, rear deck, and a full unfinished basement; built in 1885.
Where is this duplex located?
The property is located at 361 Central Ave Norwich, CT.
What is the asking price?
The asking price for this property is $255,444.
What are key features of this property?
This property features: Approximately 3,047 square feet of living space in two residential units; 14 total rooms with 8 bedrooms; 3 full bathrooms and 2 half bathrooms
More about this property
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