Multifamily

Groton, CT Multifamily Properties for Lease

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Mixed-Use Office and Apartments
Updated: Jul 15
Mixed-Use Office and Apartments

296 Mitchell St, Groton, CT 06340

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5,355 sqft 0.42 AC lot
Mixed‑use .42‑acre property in Groton City’s Five Corners District with a professional office suite plus two apartments
Main building totals 5,355 SF: about 3,480 SF finished space with an office suite and 1‑bedroom + 3‑bedroom apartments, each with private entrances
Additional annex space includes two large storage/workshop spaces
Detached garage in the rear with an upper‑story loft; garage is separately leased
Capital improvements include new garage roof (fall) plus energy‑efficient mechanical upgrades: new boiler, hot water tanks, and a new oil tank
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Residential Income Property For Rent
Updated: Nov 27, 2025
Residential Income Property For Rent

14 Godfrey St, Groton, CT 06355

$5,000/Mo
0.94 AC lot
Year Built: 1898 (Historic Charm)
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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

1209 Poquonnock Rd, Groton, CT 06340

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A commercial building includes a one-bedroom residence on its upper floor.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 3 Active listings in Groton, CT, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 11 Properties for Sales.

Multifamily properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Two-Bedroom Apartment Unit
Two-Bedroom Apartment Unit

575 Bank Street Unit 206, New London, CT 06320

$1,495/Mo
17,032 sqft

Unit 206 offers two bedrooms at 575 Bank Street in New London, CT.

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Norwich Mixed-Use Redevelopment Opportunity
Norwich Mixed-Use Redevelopment Opportunity

345 Main St, Norwich, CT 06360

$21 SF/Yr
18,948 sqft

Mixed-use property with residential, commercial, and retail spaces for rent.

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5-Unit Dental-Anchored Mixed-Use Property
5-Unit Dental-Anchored Mixed-Use Property

27 Broad St, New London, CT 06320

Contact for pricing

Fully leased downtown property combines a dental practice with four upstairs apartments and included heat and hot water.

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Restaurant with Apartments For Rent
Restaurant with Apartments For Rent

170 & 178 Yantic Rd, Norwich, CT 06360

$4,236/Mo
2.78 AC lot

Former restaurant with apartments, renovation needed, near upcoming inn.

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Similar Spaces for Sale in Groton, CT

Consider Similar Space for Sale. We found 11 Spaces matching your search parameters.

Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

296 Mitchell St, Groton, CT 06340

$575,000
5,355 sqft 0.42 AC lot

Office, residential, storage, and workshop spaces share a flexible commercial property.

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Multifamily Property with Duplex
Multifamily Property with Duplex

1203 Poquonnock Road, Groton, CT 06340

$275,000
50 sqft 0.52 AC lot

Two-building residential property with a studio, loft area, and duplex configuration, offered together with an adjoining commercial parcel.

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Well-Maintained Four-Unit Residential Income
Well-Maintained Four-Unit Residential Income

19 Pearl St, Groton, CT 06340

$1,495,000
3,791 sqft

Four well-maintained units with private parking and covered porches, including legally approved Airbnb configurations.

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Four-Family Residential Income Property
Four-Family Residential Income Property

14 New London Road, Groton, CT 06355

$850,000
2,729 sqft

Well-maintained four-family with 1-bed/1-bath units, separate utilities, and on-site coin laundry near downtown Mystic.

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Side-by-Side Duplex with River Views
Side-by-Side Duplex with River Views

52-54 Baker Avenue, Groton, CT 06340

$774,900
4,428 sqft 0.23 AC lot

Two attached residences offer four bedrooms, three full baths, central air, and separate living and family rooms on each side.

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Four-Bedroom Duplex with River Views
Four-Bedroom Duplex with River Views

52-54 Baker Avenue, Groton, CT 06340

$774,900
4,428 sqft

Two spacious units offer hardwood interiors, private porches, central air, and separate Buderus boilers.

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Duplex with River Views
Duplex with River Views

52-54 Baker Ave, Groton, CT 06340

$774,900
4,428 sqft

Each residence offers multiple living areas, hardwood floors, and an open-concept kitchen.

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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

1209 Poquonnock Road, Groton, CT 06340

$200,000
0.65 AC lot

Commercial improvements include an upstairs apartment and additional buildings conveyed in the same transaction.

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Side-by-Side Duplex with Basements
Side-by-Side Duplex with Basements

20-22 Morse Avenue, Groton, CT 06340

$445,000
2,002 sqft

Two attached residences include private basements, laundry hookups, and updated mechanical equipment.

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Multifamily Property with Duplex
Multifamily Property with Duplex

1203 Poquonnock Rd, Groton, CT 06340

$275,000

Two-building property includes a duplex, studio, loft area, and small shed.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

1209 Poquonnock Road, Groton, CT 06340

$200,000

Commercial building with a second-floor one-bedroom apartment, offered together with a second parcel.

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Groton, CT Multifamily properties Lease Rates & Market Statistics

Browse 3 Multifamily properties for lease in Groton, CT on Realmo, a commercial real estate marketplace serving the Groton area. The current inventory totals 5,355 square feet of properties.

Multifamily properties lease rates in Groton range from $5,000/Mo at the entry level to $5,000/Mo at the top of the market, averaging $5,000/Mo. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Groton accounts for 43% of the 7 multifamily properties currently available across New London County, where nearby markets include Norwich and Griswold. Multifamily properties are one of the more limited space types in Groton, with just 3 listings currently available — a scarcity worth factoring into lease negotiations.

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