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Duplex Property with Full Basement
For Sale
$400,000

53 Montauk Avenue, New London, CT 06320

Currently arranged as a single residence, the property offers a basement with plumbing and separate access for additional space.

Property Size1,904 SF
Price / SF$176.99
Days on Market12

Property Features for 53 Montauk Avenue

General Information

Standard status Active
Size 1,904 SF
Property subtype 2 Family

Building Details

Building Size 1,904 SF
Year Built 1904
Listing Agency: CENTURY 21 Shutters & Sails
Listed By: Richard Bates · License #RES.0824572
Source: Iverty
Added: Aug 14 Changed: Aug 24 Last Checked: Aug 24 at 6:25AM

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 CENTURY 21 Shutters & Sails

Investment Insights

Based on property information with market context.

Built in 1904, this 2,260-square-foot property is classified as a duplex but is currently arranged for single-family occupancy. The existing layout can remain in its present configuration or be modified for multifamily use. The property’s size provides flexibility for households seeking additional separation between living areas.

The basement is dry and includes plumbing and access, creating additional space for living or apartment-type use. Located at 53 Montauk Avenue in New London, Connecticut, the property offers a documented foundation for reconfiguring the interior around multifamily occupancy or other household needs supported by the existing layout.

Key Highlights

  • 2,260‑square‑foot duplex property built in 1904
  • Currently configured for single‑family occupancy
  • Layout can be modified for multifamily use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Locksmith HVAC Service (Bike/Boat/Book/etc) Store Garden Center Daycare Center

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

1,659
Businesses Nearby

Demographics for 06320, CT

27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Currently arranged as a single residence, the property offers a basement with plumbing and separate access for additional space.
Where is this duplex located?
The property is located at 53 Montauk Avenue New London, CT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,260‑square‑foot duplex property built in 1904; Currently configured for single‑family occupancy; Layout can be modified for multifamily use
More about this property
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