Middletown Income Property
For Sale
Contact for pricing
28 Portland Street, Middletown, CT 06457
Four income-producing units, workshop, and vacant land parcels.
Property Size5,176 SF
Lot Size0.45 Acres
Price / SF$212.52
Days on Market113
Property Features for 28 Portland Street
General Information
Standard status
Active
Size
5,176 SF
Class
C
Lot size
0.45 Acres
Property subtype
Multifamily, Mixed Use, Land
Zoning
Mixed
Building Details
Year Built
1900
Units
5
Listing Agency:
Carl Guild & Associates
(860) 474-3500
Listed By:
Carl Guild · License #CT REB.0791933
Source:
Crexi
Added: May 11
Changed: Aug 8
Last Checked: Aug 31 at 12:02AM
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 Carl Guild & Associates
Investment Insights
Based on property information with market context.
Located in Middletown, this property package includes two two-family homes, totaling four income-producing units, along with a 2,898 sq ft workshop and two additional vacant land parcels. Each residential building offers approximately 1,380 sq ft and features new roofs, new windows, upgraded electrical systems, and modernized plumbing. All properties are connected to natural gas. One unit has been fully renovated, and supplies to renovate the other units are located in the workshop. The heated workshop includes electricity and plumbing. The combined lot size is 0.35 acres, plus two separate parcels of 0.08 and 0.02 acres. The property offers the potential to expand a portfolio with rental income, build on the additional lot, or enjoy extra outdoor space.
Key Highlights
- Four income‑producing units across two two‑family homes.
- Expansive 2,898 sq ft heated workshop with electricity and plumbing.
- New roofs, new windows, upgraded electrical, and modernized plumbing in residential buildings.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four income-producing units, workshop, and vacant land parcels.
Where is this duplex located?
The property is located at 28 Portland Street Middletown, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four income‑producing units across two two‑family homes.; Expansive **2,898 sq ft heated workshop with electricity and plumbing.**; New roofs, new windows, upgraded electrical, and modernized plumbing in residential buildings.
