Multifamily

Groton, CT Multifamily Properties for Sale

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Multifamily Property with Duplex
Updated: Sep 21
Multifamily Property with Duplex

1203 Poquonnock Road, Groton, CT 06340

$275,000
50 sqft 0.52 AC lot
Two residential buildings plus a small shed
Studio building with separate loft area
Duplex with one larger unit and one smaller unit
0.52‑acre parcel
MVC zoning
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Side-by-Side Duplex with River Views
Updated: Sep 10
Side-by-Side Duplex with River Views

52-54 Baker Avenue, Groton, CT 06340

$774,900
4,428 sqft 0.23 AC lot
4,428‑square‑foot duplex built in 2008
Two side‑by‑side units, each with four bedrooms and three full baths
Each residence includes living and family rooms, an open‑concept kitchen, and hardwood floors
Central air and a Buderus boiler in both units
0.23‑acre parcel with public water and public sewer
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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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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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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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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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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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Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 11 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 St, New London, CT 06320

$1,798,000
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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Fully Leased Mixed-Use Building
Fully Leased Mixed-Use Building

147 Bank St, New London, CT 06320

$1,350,000
8,701 sqft

Fully leased downtown New London building with ground-floor commercial space and apartments on the upper floors.

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Mixed-Use Building with Retail and Apartments
Mixed-Use Building with Retail and Apartments

153 Bank St, New London, CT 06320

$1,725,000
17,378 sqft

A 3-story mixed-use building combining ground-floor retail units with apartments above in downtown New London.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

90 Bank Street, New London, CT 06320

Contact for pricing
12,311 sqft

Eight apartments are combined with two retail storefronts and an industrial/flex space in a waterfront setting.

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

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

360 Thames St, Groton, CT 06340-3937

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

46 Hynes Ave, Groton, CT 06340-5051

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

183 Brandegee Ave, Groton, CT 06340-4559

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

33 School St, Groton, CT 06340-3909

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

107 Benham Rd, Groton, CT 06340-4966

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

171 Hynes Ave, Groton, CT 06340-5038

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

109 Hynes Ave, Groton, CT 06340-5037

Estimated value:
$700,000
3,168 sqft 0.24 AC lot
View details
48 Smith St
APARTMENT HOUSE (UNDER 5 UNITS)

48 Smith St, Groton, CT 06340-4027

Estimated value:
$250,000
3,716 sqft 0.18 AC lot
View details
101 Hynes Ave
APARTMENT HOUSE (UNDER 5 UNITS)

101 Hynes Ave, Groton, CT 06340-5087

Estimated value:
$580,000
4,552 sqft 0.51 AC lot
View details
171 Poquonnock Rd
APARTMENT HOUSE (UNDER 5 UNITS)

171 Poquonnock Rd, Groton, CT 06340-4409

Estimated value:
$315,000
3,614 sqft 0.44 AC lot
View details
281 Brandegee Ave
APARTMENT HOUSE (5+ UNITS)

281 Brandegee Ave, Groton, CT 06340-5102

Estimated value:
$2,370,000
33,480 sqft 1.52 AC lot
View details
603 Shennecossett Rd
APARTMENT HOUSE (5+ UNITS)

603 Shennecossett Rd, Groton, CT 06340-5255

Estimated value:
$3,605,000
16,240 sqft 2.13 AC lot
View details

Groton, CT Multifamily Properties Market Trends and Statistics

Explore 64 multifamily properties for sale in Groton, CT, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 27,211 square feet of properties for sale, with an estimated market value of $6,639,700.

Sale prices for multifamily properties in Groton, CT start at $200,000, averaging $603,609, 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
Quadplexes 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 $558.8K
Mystic - 06355 $895K

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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