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Three-Unit Colonial Triplex
New
For Sale
$364,900

53 Spring Street, Middletown, CT 06457

Three distinct floor plans include two-bedroom and one-bedroom residences with separate living levels.

Property Size2,418 SF
Price / SF$150.91
Days on Market5

Property Features for 53 Spring Street

General Information

Standard status Active
Size 2,418 SF
Property subtype 3 Family

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Amenities

deck

Building Details

Year Built 1899
Buildings 1
Construction colonial
Listing Agency: Carl Guild & Associates
Listed By: Frederick Ferguson
Source: Lockandkeyre
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 20 at 4:03AM

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.

Built in 1899, this colonial-style triplex contains three residential units distributed across separate floors. The first- and second-floor apartments each offer two bedrooms and one bathroom, while the upper residence provides one bedroom and one bathroom. The first two units use high-efficiency Navien heating equipment, and all units are served by natural gas. Interior updates include fresh paint and tile work in select areas.

The property is located at 53 Spring Street in Middletown, Connecticut, near downtown. A two-car garage and off-street parking support the three-unit configuration. Exterior features include landscaped flower beds along the front walkway, a rear staircase with small deck platforms, and a backyard. The property size is 2418, with residential layouts suitable for continued multifamily use.

Key Highlights

  • Three residential units arranged across separate floors
  • Two 2‑bed/1‑bath units plus one 1‑bed/1‑bath unit
  • Built in 1899 at 53 Spring Street, Middletown, CT 06457

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Computer & Electronic Repair Florist Butcher

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

Location Intelligence

Trade Area within ½ mile

1,473
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct floor plans include two-bedroom and one-bedroom residences with separate living levels.
Where is this triplex located?
The property is located at 53 Spring Street Middletown, CT.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Three residential units arranged across separate floors; Two 2‑bed/1‑bath units plus one 1‑bed/1‑bath unit; Built in 1899 at 53 Spring Street, Middletown, CT 06457
More about this property
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