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Multifamily Property with Accessory Unit
For Sale
$539,000
Pending

242 Main Street, Durham, CT 06422

Multi-Family For Sale, Units on different Floors,Units are Side-by-Side, Durham, CT

Property Size2,339 SF
Lot Size0.60 Acres
Days on Market53

Property Features for 242 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Main S
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 1, Basement
Patio and Porch features Deck
Exterior features Balcony,Deck,Gutters,Garden Area,Lighting,Covered Deck
Basement Full
Lot features Level Lot
Elementary school Per Board of Ed
High school Per Board of Ed
Directions Rt 17 next to Durham Market
Subdivision Durham Center
Standard status Pending
Size 2,339 SF
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 8873

Utilities

Heating system Hot Water(Heating)
Cooling system Window Unit(s)
Water source Public

Amenities

covered porch
fireplace
stainless steel appliances
energy-efficient windows
walk-up attic
basement storage
off-street parking
large level yard

Building Details

Year built 1820
Architectural style Other
Listing Agency: Real Broker CT, LLC
Listed By: Noah Gates
Added: Jul 23 Changed: Sep 12 Last Checked: Sep 13 at 11:06AM
MLS# 24193902

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.

Built in 1820, this 2,339-square-foot multifamily property combines period details with substantial interior updates. The layout includes two primary units and an additional accessory living area. The front residence offers a covered porch, original wood floors, a fireplace, a renovated kitchen with stainless steel appliances, a main-level half bath and laundry, two bedrooms, and a full bathroom. Two rear one-bedroom apartments feature updated kitchens, stainless steel appliances, spacious living areas, and contemporary finishes.

The 0.6-acre parcel includes a large level yard, off-street parking, basement storage, and a walk-up attic. Additional exterior features include a deck, covered deck, gutters, lighting, garden area, and energy-efficient windows. Public water serves the property, with hot-water heating and window-unit cooling. The property is fully occupied by tenants and is zoned Main S.

Key Highlights

  • 2,339 square feet on a 0.6‑acre parcel
  • Two primary units plus an additional accessory living area
  • Two rear apartments, each with 1 bedroom

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Law Firm Big Box & Wholesale Store Pharmacy Real Estate Agency

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 06422, CT

7,152
Population
3,080
Households
2.3
Avg Household Size
46
Median Age
48%
College-Educated
94%
High-School Grad
23.7 sq mi
ZIP Area
302
Density / Sq Mi
$151,875
Median Household Income
$68,442
Median Earnings
$1,520
Median Rent
$405,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Renovated kitchens, original wood flooring, and flexible unit configuration support residential income use.
Where is this multifamily property located?
The property is located at 242 Main Street Durham, CT.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 2,339 square feet on a 0.6‑acre parcel; Two primary units plus an additional accessory living area; Two rear apartments, each with 1 bedroom
More about this property
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