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Three-Unit Residential Property with Garage
New
For Sale
$350,000

239 Pearl St, Middletown, CT 06457

A two-bedroom apartment is vacant, while the other two units are occupied by long-term tenants.

Property Size2,436 SF
Price / SF$143.68
Days on Market4

Property Features for 239 Pearl St

General Information

Standard status Active
Size 2,436 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Building Details

Year Built 1924
Listing Agency: Alpha Capital Realty, LLC
Listed By: Joseph Matta (845) 803-3674 (860) 507-3394 · License #RES.0818925
Source: Fairfieldcounty-properties
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 5:27AM

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 Alpha Capital Realty, LLC

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Investment Insights

Based on property information with market context.

This three-unit residential property contains 2,436 square feet and was built in 1924. Its unit mix comprises two two-bedroom apartments and one one-bedroom apartment, with a detached garage on the property. Two apartments have long-term tenants, and one is vacant.

The property is in Middletown, near downtown, Wesleyan University, and major commuter routes.

Key Highlights

  • Three units: two 2‑bedroom apartments and one 1‑bedroom apartment
  • 2,436 square feet; built in 1924
  • Detached garage

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,473
Businesses Nearby

Demographics for 06457, CT

46,505
Population
22,138
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
40.7 sq mi
ZIP Area
1,143
Density / Sq Mi
$74,003
Median Household Income
$48,240
Median Earnings
$1,392
Median Rent
$279,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A two-bedroom apartment is vacant, while the other two units are occupied by long-term tenants.
Where is this triplex located?
The property is located at 239 Pearl St Middletown, 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: Three units: two 2‑bedroom apartments and one 1‑bedroom apartment; 2,436 square feet; built in 1924; Detached garage
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