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Duplex with Steam Heat
New
For Sale
$477,500

394 Main Street, Portland, CT 06480

Multi-Family For Sale, Units on different Floors, Portland, CT

Property Size2,866 SF
Lot Size0.47 Acres
Price / SF$166.61
Days on Market1

Property Features for 394 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R10
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bedroom 1
Fireplace 1
Basement Full
Lot features Lightly Wooded, Level Lot
Elementary school Per Board of Ed
High school Portland
Directions GPS Friendly
Standard status Active
Size 2,866 SF
Lot size 0.47 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6210

Utilities

Sewer type Public Sewer
Heating system Steam
Water source Public

Building Details

Year built 1850
Architectural style Other
Listing Agency: RE/MAX RISE · RE/MAX International
Listed By: Michael Albert
Added: Aug 31 Last Checked: Aug 31 at 11:06PM
MLS# 24203462

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 duplex at 394 Main Street contains 2,866 square feet on a 0.47-acre parcel. The units are arranged on different floors, with four bedrooms, three bathrooms, and a basement. Original construction dates to 1850, and the property includes steam heating and a fireplace.

The property is served by public water and public sewer and is zoned R10. Its Portland setting places the residence near local shopping, dining, schools, parks, and other area amenities, with access to surrounding communities and commuter routes noted in the listing information.

The configuration supports a range of residential ownership approaches, including occupying one unit while leasing the other, accommodating an extended household, or operating the property as a multifamily investment.

Key Highlights

  • Duplex configuration with units located on different floors
  • 2,866 square feet on a 0.47‑acre lot
  • Four bedrooms, three bathrooms, and a basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 06480, CT

9,365
Population
3,961
Households
2.4
Avg Household Size
45
Median Age
50%
College-Educated
92%
High-School Grad
23.2 sq mi
ZIP Area
404
Density / Sq Mi
$118,955
Median Household Income
$61,512
Median Earnings
$1,115
Median Rent
$305,800
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Multi-family property with separate-floor units, public utilities, and a residential R10 zoning designation.
Where is this duplex located?
The property is located at 394 Main Street Portland, CT.
What is the asking price?
The asking price for this property is $477,500.
What are key features of this property?
This property features: Duplex configuration with units located on different floors; 2,866 square feet on a 0.47‑acre lot; Four bedrooms, three bathrooms, and a basement
More about this property
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