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    Groton, CT Multifamily Properties for Sale

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    Mystic, CT New London, CT Stonington, CT Ledyard, CT Waterford, CT Quaker Hill, CT North Stonington, CT Montville, CT
    16 properties
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    Triplex with Guest Cottage
    Updated: May 1
    Triplex with Guest Cottage

    12 Bank Street, Groton, CT 06355

    $699,000
    1,995 sqft 0.19 AC lot
    1,995 square feet on a 0.19‑acre lot
    Legal two‑family property currently configured as a three‑unit income‑producing asset
    Separate studio‑style guest cottage with full kitchen and full bath
    Three bedrooms, three full baths, multiple decks, and yard space
    One block from downtown Mystic and walkable to the waterfront and Mystic Seaport
    View details
    Renovated Side-by-Side Duplex
    Updated: Aug 4
    Renovated Side-by-Side Duplex

    27 Joliet Court, Groton, CT 06340

    $389,900
    1,392 sqft 0.27 AC lot
    Side‑by‑side duplex with 1,392 square feet
    0.27‑acre corner lot on a cul‑de‑sac
    Renovated kitchens with ceiling‑height cabinets and quartz countertops
    Both units have electric baseboard heat and bathroom washer/dryer hookups
    Public water and public sewer serve the property
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    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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    Four-Family Residential Income Property
    Four-Family Residential Income Property

    14 New London Road, Groton, CT 06355

    $895,000
    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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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    358 Poquonnock Road, Groton, CT 06340

    $429,900
    1,734 sqft

    Two separate residences with recent improvements, off-street parking, and a sizable backyard support flexible ownership options.

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    Side-by-Side Residential Income Property
    Side-by-Side Residential Income Property

    1320 Route 12, Groton, CT 06340

    $485,900
    2,406 sqft

    Two side-by-side units offer a straightforward residential configuration with RU-20 zoning.

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

    19 Pearl Street, 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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    Victorian Duplex with Off-Street Parking
    Victorian Duplex with Off-Street Parking

    153 Baker Avenue, Groton, CT 06340

    $429,000
    2,009 sqft

    Two-unit Victorian property with separate heating systems, private parking, and a full basement.

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    Renovated Duplex with Quartz Kitchens
    Renovated Duplex with Quartz Kitchens

    27 Joliet Court, Groton, CT 06340

    $389,900
    1,392 sqft

    Renovated two-family property with electric heat, quartz kitchen counters, and city water and sewer.

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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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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    102 Brandegee Avenue, Groton, CT 06340

    $424,900
    1,976 sqft

    Well-maintained duplex with two units, totaling five bedrooms and three full bathrooms, plus a large driveway and backyard.

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    Historic Three-Family Triplex Opportunity
    Historic Three-Family Triplex Opportunity

    59 School Street, Groton, CT 06340

    $440,000
    2,069 sqft

    Three-family triplex with high ceilings, original character, and seasonal Thames River views, plus recent roof and boiler updates.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    8 Midway Oval, Groton, CT 06340

    $325,000
    1,542 sqft

    Well-maintained two-family property currently occupied by tenants, with potential value in having one vacant unit.

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    Mixed-Use Property with Commercial Unit
    Mixed-Use Property with Commercial Unit

    256 Thames St, Groton, CT 06340

    Contact for pricing
    4,411 sqft

    Two apartments accompany a separate commercial component within the building.

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    Mixed-Use Property with Office Space
    Mixed-Use Property with Office Space

    112 New London Rd, Groton, CT 06340

    Contact for pricing
    1.38 AC lot

    Combines residential rental units with occupied and vacant office suites.

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    Victorian Duplex with Off-Street Parking
    Victorian Duplex with Off-Street Parking

    153 Baker Ave, Groton, CT 06340

    $429,000

    Two separately heated residences include laundry provisions, a full basement, and individual parking spaces.

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    Based on your search, we've compiled 73 Potential Opportunities for your consideration. Besides 16 Active listings in Groton, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 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.

    Mixed-Use Waterfront Building
    Mixed-Use Waterfront Building

    90-94 Bank Street, New London, CT 06320

    $1,888,000
    12,311 sqft

    Three-story mixed-use property offers apartments plus retail storefronts and an industrial/flex unit in a waterfront district.

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    Mixed-Use Building in Downtown New London
    Mixed-Use Building in Downtown New London

    53-55 Bank St, New London, CT 06320

    $1,625,000
    10,636 sqft

    Mixed-use property with commercial unit and apartments in downtown.

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    Mixed-Use Building in Downtown
    Mixed-Use Building in Downtown

    53-55 Bank Street, New London, CT 06320

    $1,625,000
    7,668 sqft

    Mixed-use property with commercial space and apartments in downtown New London.

    View details
    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    78 State St, New London, CT 06320

    Contact for pricing
    38,000 sqft

    Brick downtown property combines ground-floor retail with three residential levels and requires complete interior reconstruction.

    View details

    Off-Market Properties in Groton, CT

    Consider similar Off-Market properties in Groton, 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.

    11 High St
    BOARDING/ROOMING HOUSE

    11 High St, Groton, CT 06340-4955

    $185,000
    Estimated value
    4,440 sqft 0.15 AC lot
    View details
    360 Thames St
    APARTMENT HOUSE (5+ UNITS)

    360 Thames St, Groton, CT 06340-3937

    $1,800,000
    Estimated value
    10,944 sqft 0.42 AC lot
    View details
    46 Hynes Ave
    APARTMENT HOUSE (5+ UNITS)

    46 Hynes Ave, Groton, CT 06340-5051

    $1,965,000
    Estimated value
    25,830 sqft 1.11 AC lot
    View details
    183 Brandegee Ave
    APARTMENT HOUSE (5+ UNITS)

    183 Brandegee Ave, Groton, CT 06340-4559

    $1,950,000
    Estimated value
    29,400 sqft 1.22 AC lot
    View details
    33 School St
    BOARDING/ROOMING HOUSE

    33 School St, Groton, CT 06340-3909

    $410,000
    Estimated value
    3,600 sqft 0.11 AC lot
    View details
    107 Benham Rd
    APARTMENT HOUSE (5+ UNITS)

    107 Benham Rd, Groton, CT 06340-4966

    $825,000
    Estimated value
    4,884 sqft 0.23 AC lot
    View details
    171 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    171 Hynes Ave, Groton, CT 06340-5038

    $700,000
    Estimated value
    3,360 sqft 0.19 AC lot
    View details
    109 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    109 Hynes Ave, Groton, CT 06340-5037

    $700,000
    Estimated value
    3,168 sqft 0.24 AC lot
    View details

    Groton, CT Multifamily Properties Market Trends and Statistics

    Explore 69 multifamily properties for sale in Groton, CT, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 34,803 square feet of properties for sale, with an estimated market value of $7,852,500.

    Sale prices for multifamily properties in Groton, CT start at $325,000, averaging $560,892, and reaching up to $1,495,000 — 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 10
    Apartment buildings 3
    Quadplexes 2
    Triplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.0%
    Median Household Income $77,768
    College Educated 27.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Groton - 06340 $521.5K
    Mystic - 06355 $797K

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $42.50 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in New London County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Groton fall within the 100,000+ square foot range.

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    • 06355

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