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    Cromwell, CT
    Multifamily

    Cromwell, CT Multifamily Properties for Sale

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    Historic 3-Unit Multifamily Home
    Updated: Jul 16
    Historic 3-Unit Multifamily Home

    9 Allen Road, Cromwell, CT 06416

    $460,000
    2,698 sqft 0.49 AC lot
    Historic 3‑family home built in 1800 with 2,698 SF total living space
    6 bedrooms and 3 full baths across 3 units, with a kitchen in each unit
    Level 0.49‑acre lot with public water and public sewer connections
    Upgrades include 200‑amp electrical service (2017) and architectural shingle roof (2018)
    Requires significant work and is sold as‑is, where‑is; financing may be limited based on condition
    View details
    Well-Maintained Brick Two-Family Home
    Updated: Mar 13
    Well-Maintained Brick Two-Family Home

    7 Olson Avenue, Cromwell, CT 06416

    $524,900
    2,724 sqft
    Well‑maintained brick 2‑family cape built in 1959
    Each unit has its own electric meter and its own A/C; heating is shared
    1st‑floor unit features an eat‑in kitchen, living room with a wood‑burning fireplace, full bath, and 3 bedrooms
    2nd‑floor unit has an eat‑in kitchen, living room, full bath, and a good‑size bedroom
    Partially finished basement includes a kitchen and full bath
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Cromwell, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Duplex with Steam Heat
    Duplex with Steam Heat

    394 Main Street, Portland, CT 06480

    $477,500
    2,866 sqft 0.47 AC lot

    Multi-family property with separate-floor units, public utilities, and a residential R10 zoning designation.

    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    394 Main Street, Portland, CT 06480

    $477,500
    2,866 sqft

    Three-unit residential income property with a spacious layout and access to shopping, dining, schools, parks, and commuter routes.

    View details
    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    74 Johnson Street, Middletown, CT 06457

    $375,000
    2,848 sqft

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

    View details
    As-Is Fire-Damaged Duplex
    As-Is Fire-Damaged Duplex

    18 Portland Street, Middletown, CT 06457

    $90,000
    1,558 sqft

    Two-family property sold as-is with fire damage, located on a level lot with public water and public sewer access.

    View details

    Off-Market Properties in Cromwell, CT

    Consider similar Off-Market properties in Cromwell, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    29 New Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    29 New Ln, Cromwell, CT 06416-2007

    $290,000
    Estimated value
    3,257 sqft 0.28 AC lot
    View details
    6 School St
    APARTMENT HOUSE (UNDER 5 UNITS)

    6 School St, Cromwell, CT 06416-2300

    $405,000
    Estimated value
    3,536 sqft 0.59 AC lot
    View details
    21 Wall St
    APARTMENT HOUSE (UNDER 5 UNITS)

    21 Wall St, Cromwell, CT 06416-2356

    $300,000
    Estimated value
    3,182 sqft 0.44 AC lot
    View details
    369 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    369 Main St, Cromwell, CT 06416-2358

    $315,000
    Estimated value
    5,151 sqft 1.46 AC lot
    View details
    68 Pne Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    68 Pne Rdg Rd, Cromwell, CT 06416

    $380,000
    Estimated value
    1,976 sqft 8.57 AC lot
    View details
    20 Nordland Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    20 Nordland Ave, Cromwell, CT 06416-2359

    $285,000
    Estimated value
    3,578 sqft 0.25 AC lot
    View details
    71 Ww St
    APARTMENT HOUSE (UNDER 5 UNITS)

    71 Ww St, Cromwell, CT 06416-2144

    $285,000
    Estimated value
    4,092 sqft 0.17 AC lot
    View details
    9 Ss St
    APARTMENT HOUSE (UNDER 5 UNITS)

    9 Ss St, Cromwell, CT 06416-2355

    $305,000
    Estimated value
    2,714 sqft 0.70 AC lot
    View details
    5 Riverview Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    5 Riverview Pl, Cromwell, CT 06416-2331

    $270,000
    Estimated value
    3,769 sqft 0.71 AC lot
    View details
    658 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    658 Main St, Cromwell, CT 06416-1412

    $280,000
    Estimated value
    2,816 sqft 2.06 AC lot
    View details
    23 New Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    23 New Ln, Cromwell, CT 06416-2006

    $275,000
    Estimated value
    3,540 sqft 0.54 AC lot
    View details
    273 Main St
    Multifamily properties

    273 Main St, Cromwell, CT 06416

    Value Estimation by Request
    1,540 sqft
    View details

    Cromwell, CT Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Cromwell, CT on our real estate platform. These investment opportunities span a total of 5,422 square feet of properties for sale, with an estimated market value of $984,900.

    Sale prices for multifamily properties in Cromwell, CT start at $460,000, averaging $492,450, and reaching up to $524,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +2.4%
    Median Household Income $104,458
    College Educated 68.2%

    High-Yield Neighborhoods for Investment

    Identify Cromwell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    06416 $492.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.95%
    Property Tax per SF $54.75 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Cromwell fall within the 50,000 to 100,000 square foot range.

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