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Duplex with Nearly Finished Basement
For Sale
$339,900

89 Hempstead Street, New London, CT 06320

The property carries R-3 zoning and includes ductless heating.

Property Size1,330 SF
Price / SF$255.56
Days on Market164

Property Features for 89 Hempstead Street

General Information

Standard status Active
Size 1,330 SF
Property subtype Multi-Family / 2 Family
Zoning R-3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,672

Amenities

Yes
Hot Water
10
Ductless
Walk-up
Not Applicable

Building Details

Year Built 1890
Listing Agency: Coldwell Banker Realty
Listed By: Gale Fishbone · License #RES.0226940
Source: Compass
Added: Mar 24 Changed: Sep 2 Last Checked: Sep 2 at 11:47PM

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.

This historically designated duplex at 89 Hempstead Street contains 1,330 square feet and was built in 1890. The property has been renovated throughout, with ductless heating and hot water service. Its two-unit layout includes a first floor that was previously used as an office, while the walk-up basement is nearly completely finished.

The New London property is within walking distance of the train, EB, and Courthouse. R-3 zoning applies to the site.

Key Highlights

  • 1,330 SF duplex built in 1890
  • Historically designated property renovated throughout
  • Nearly completely finished walk‑up basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Cafe & Coffee Shop Tech Support Center Veterinary Clinic Real Estate Agency

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

1,807
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The property carries R-3 zoning and includes ductless heating.
Where is this duplex located?
The property is located at 89 Hempstead Street New London, CT.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 1,330 SF duplex built in 1890; Historically designated property renovated throughout; Nearly completely finished walk‑up basement
More about this property
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