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Two-Unit Residential Income Property
For Sale
$375,000
Pending

74 Johnson Street, Middletown, CT 06457

Two separate residential units each feature in-unit laundry and fully applianced kitchens, with ample off-street parking and yard space.

Property Size2,848 SF
Days on Market90

Property Features for 74 Johnson Street

General Information

Standard status Pending
Size 2,848 SF
Property subtype 2 Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1948
Tenancy Multi
Listing Agency: Best Real Estate Brokerage LLC
Listed By: Kelly Harvey
Source: Lockandkeyre
Added: Jun 8 Changed: Aug 8 Last Checked: Jul 23 at 5:22AM

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 Best Real Estate Brokerage LLC

Investment Insights

Based on property information with market context.

This two-family residential income property offers two separate, home-like living spaces on one lot. One side is a ranch-style unit with at least 2 bedrooms, a large kitchen, in-unit laundry, and a sunporch. The second unit is townhome-style with at least 3 bedrooms, 1.5 baths, a generously sized kitchen, in-unit laundry, and a one-car garage. Both units are described as fully applianced and each has its own living space, along with ample off-street parking.

The property includes a yard with room for outdoor use. The ranch unit is currently leased for $1,500 per month through a one-year lease; the tenant pays electric heat. The home will require a new roof, which is reflected in the offering.

Key Highlights

  • 1948‑built two‑family home with each unit having separate living spaces on one lot
  • 1,500+ SF ranch unit: 2 bedrooms, large kitchen, in‑unit laundry, and a bright sunporch; leased for $1,500/month through a one‑year lease
  • 1,300+ SF townhome‑style unit: 3 bedrooms, 1.5 baths, generously sized kitchen, in‑unit laundry, and a one‑car garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Veterinary Clinic Butcher 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

738
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residential units each feature in-unit laundry and fully applianced kitchens, with ample off-street parking and yard space.
Where is this duplex located?
The property is located at 74 Johnson Street Middletown, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1948‑built two‑family home with each unit having separate living spaces on one lot; 1,500+ SF ranch unit: 2 bedrooms, large kitchen, in‑unit laundry, and a bright sunporch; leased for $1,500/month through a one‑year lease; 1,300+ SF townhome‑style unit: 3 bedrooms, 1.5 baths, generously sized kitchen, in‑unit laundry, and a one‑car garage
More about this property
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