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Triplex with Detached 2-Car Garage
For Sale
$365,000

41 Spring Street, Middletown, CT 06457

Three-unit property with a renovated first-floor residence, flexible layouts, and a front deck.

Property Size2,277 SF
Price / SF$160.30
Days on Market193

Property Features for 41 Spring Street

General Information

Standard status Active
Size 2,277 SF
Property subtype Multi-Family / 3 Family
Zoning RPZ

Taxes and HOA fees

Annual Taxes $7,132

Amenities

No
Hot Water
11
All Units Have Hook-Ups
Balcony, Deck, Gutters
Not Applicable

Building Details

Year Built 1896
Listing Agency: Coldwell Banker Realty
Listed By: Lauren Freedman · License #REB.0792452
Source: Compass
Added: Feb 19 Changed: Aug 30 Last Checked: Aug 30 at 8:01PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1896, this 2,277-square-foot triplex includes two conventional two-bedroom units and a smaller third-floor studio-style unit. The first-floor apartment was fully renovated in 2020 with updated cabinetry, stainless appliances, new countertops, new flooring, a refreshed full bathroom, and laundry near the kitchen. The second floor provides a comparable two-bedroom layout with a front deck, while the third floor includes an eat-in kitchen, living room and bedroom combination, bonus room, and laundry hookups. Gas heat serves the first and second floors; the third floor uses electric heat. A new roof and gutters were completed in 2021, and the property includes a detached two-car garage.

The property is located at 41 Spring Street in Middletown, on a quiet one-way street with a dedicated bike lane. It sits near downtown, Main Street, Route 9, shopping, dining, and local amenities. The property is zoned RPZ and is being offered as-is.

Key Highlights

  • 2,277‑square‑foot triplex with two two‑bedroom units and a smaller third‑floor studio‑style unit
  • First‑floor unit fully renovated in 2020 with updated kitchen, flooring, bathroom, and nearby laundry
  • New roof and gutters completed in 2021

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Computer & Electronic Repair Veterinary Clinic Pet Grooming Service

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

1,515
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

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?
Triplex - Three-unit property with a renovated first-floor residence, flexible layouts, and a front deck.
Where is this triplex located?
The property is located at 41 Spring Street Middletown, CT.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2,277‑square‑foot triplex with two two‑bedroom units and a smaller third‑floor studio‑style unit; First‑floor unit fully renovated in 2020 with updated kitchen, flooring, bathroom, and nearby laundry; New roof and gutters completed in 2021
More about this property
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