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    Groton, CT Multifamily Properties for Sale

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    New London, CT Ledyard, CT Stonington, CT
    7 results
    Versatile Property Near Downtown Mystic
    $699,000
    1,995 SF

    Versatile Property Near Downtown Mystic

    12 Bank Street, Groton, CT 06355

    Income-producing property near waterfront, shops, restaurants, and Mystic Seaport.

    • Prime location: One block from downtown Mystic, walking distance to waterfront, shops, restaurants, and Mystic Seaport.
    • Income‑producing potential: Currently utilized as a three‑unit rental property.
    • Flexible layout: Configured as a legal two‑family with a guest cottage, offering options for investors or single‑family conversion.
    • Main level features: Vaulted ceilings, abundant natural light, and spacious deck overlooking downtown Mystic.
    • Guest cottage: Studio‑style living space with full kitchen and bath.
    Updated: May 1
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    Groton Multifamily Investment Opportunity
    $399,000
    1,924 SF

    Groton Multifamily Investment Opportunity

    2 York Court, Groton, CT 06340

    Multifamily property in Groton, CT, offering financial and residential opportunities.

    • Multi‑family home offering financial opportunity as an investment property or owner‑occupied residence.
    • Each unit features a new kitchen with soft‑closing cabinets, granite counters, and newer appliances.
    • Equipped with electric baseboard heat, eliminating the need for a boiler or oil tank.
    • New hot water heaters installed in January of this year.
    • Connected to city water and city sewer.
    Updated: May 8
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    Groton Multifamily Investment Opportunity
    $379,900
    1,425 SF

    Groton Multifamily Investment Opportunity

    Multifamily home in Groton, CT, offering financial opportunity.

    158 Midway Oval, Groton, CT 06340
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    Furnished Rooming House Investment Opportunity
    $1,649,000

    Furnished Rooming House Investment Opportunity

    Fully furnished rooming house with strong cash flow near major employers.

    148 Benham Rd, Groton, CT 6340
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    Historic Mystic Four-Family Home
    $1,595,000

    Historic Mystic Four-Family Home

    Well-maintained four-family home in downtown Mystic with income potential.

    19 Pearl St, Groton, CT 6355
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    Groton Multifamily Home For Sale
    $399,000

    Groton Multifamily Home For Sale

    Multifamily home with updated kitchens and new water heaters.

    2 York Ct, Groton, CT 6340
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    Groton Multifamily Investment Opportunity
    $379,900

    Groton Multifamily Investment Opportunity

    Multifamily home in Groton, ideal for investors or owner-occupants.

    158 Midway Oval, Groton, CT 6340
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    Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 7 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Updated Multi-Unit Building in Mystic
    $2,550,000
    3,669 SF

    Updated Multi-Unit Building in Mystic

    Turn-key investment opportunity near downtown Mystic.

    44 Williams Avenue, Stonington, CT 06355
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    Income-Producing Multifamily Portfolio in Mystic
    $3,700,000
    4,962 SF

    Income-Producing Multifamily Portfolio in Mystic

    Three multifamily properties near Downtown Mystic offer robust cash flow.

    9 School (4 and 6 School Place)(Mystic) Street, Stonington, CT 06355
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    Downtown Commercial Building Ready Buildout
    $750,000
    11,676 SF

    Downtown Commercial Building Ready Buildout

    Four-story, 11,656 SF commercial building with development opportunity.

    27 Bank Street, New London, CT 6320
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    Downtown Commercial Building Ready for Buildout
    $567,000
    11,656 SF

    Downtown Commercial Building Ready for Buildout

    Four-story, 11,656 SF building with approvals for mixed-use development.

    27 Bank St, New London, CT 6320
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Southampton Village Multifamily Opportunity
    $2,300,000
    0.33 Acres

    Southampton Village Multifamily Opportunity

    Two-family home in the heart of Southampton Village.

    39 Halsey Avenue, Southampton, NY 11968
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    Two-Family Home with Additional Lot
    $899,999
    3,216 SF

    Two-Family Home with Additional Lot

    Spacious two-family home with vacant lot in Dorchester.

    68, 70-72 Clarkson St, Boston, MA 02125
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    Expansive Land Parcel in Holmes
    $750,000
    2,480 SF

    Expansive Land Parcel in Holmes

    75+ acre land parcel with garage near I-84.

    545 Grape Hollow Road, Holmes, NY 12531
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    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF

    Flatbush Development Property For Sale

    40 x 100 lot with R6, C1-2 zoning.

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
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    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
    4,440 SF Lot: 0.15 Acres
    Value Estimation by Request

    11 High St, Groton, CT 06340-4955

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    360 Thames St
    APARTMENT HOUSE (5+ UNITS)
    10,944 SF Lot: 0.42 Acres
    Estimated value
    $1,800,000

    360 Thames St, Groton, CT 06340-3937

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    46 Hynes Ave
    APARTMENT HOUSE (5+ UNITS)
    25,830 SF Lot: 1.11 Acres
    Estimated value
    $1,965,000

    46 Hynes Ave, Groton, CT 06340-5051

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    183 Brandegee Ave
    APARTMENT HOUSE (5+ UNITS)
    29,400 SF Lot: 1.22 Acres
    Estimated value
    $1,950,000

    183 Brandegee Ave, Groton, CT 06340-4559

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    33 School St
    BOARDING/ROOMING HOUSE
    3,600 SF Lot: 0.11 Acres
    Value Estimation by Request

    33 School St, Groton, CT 06340-3909

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    107 Benham Rd
    APARTMENT HOUSE (5+ UNITS)
    4,884 SF Lot: 0.23 Acres
    Estimated value
    $890,000

    107 Benham Rd, Groton, CT 06340-4966

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    171 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,360 SF Lot: 0.19 Acres
    Estimated value
    $700,000

    171 Hynes Ave, Groton, CT 06340-5038

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    109 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,168 SF Lot: 0.24 Acres
    Estimated value
    $700,000

    109 Hynes Ave, Groton, CT 06340-5037

    View details
    48 Smith St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,716 SF Lot: 0.18 Acres
    Value Estimation by Request

    48 Smith St, Groton, CT 06340-4027

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    101 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,552 SF Lot: 0.51 Acres
    Estimated value
    $560,000

    101 Hynes Ave, Groton, CT 06340-5087

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    171 Poquonnock Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,614 SF Lot: 0.44 Acres
    Value Estimation by Request

    171 Poquonnock Rd, Groton, CT 06340-4409

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    281 Brandegee Ave
    APARTMENT HOUSE (5+ UNITS)
    33,480 SF Lot: 1.52 Acres
    Estimated value
    $2,305,000

    281 Brandegee Ave, Groton, CT 06340-5102

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    603 Shennecossett Rd
    APARTMENT HOUSE (5+ UNITS)
    16,240 SF Lot: 2.13 Acres
    Estimated value
    $3,705,000

    603 Shennecossett Rd, Groton, CT 06340-5255

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    48 Frst St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,552 SF Lot: 0.16 Acres
    Value Estimation by Request

    48 Frst St, Groton, CT 06340-4957

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    50 Frst St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,552 SF Lot: 0.16 Acres
    Value Estimation by Request

    50 Frst St, Groton, CT 06340-4958

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    245 Brandegee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,456 SF Lot: 0.18 Acres
    Value Estimation by Request

    245 Brandegee Ave, Groton, CT 06340-5101

    View details
    8 High St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,248 SF Lot: 0.26 Acres
    Estimated value
    $550,000

    8 High St, Groton, CT 06340

    View details

    Groton, CT Multifamily Properties Investment Opportunities Market Analysis

    Explore 60 multifamily properties for sale in Groton, CT, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 5,344 square feet of properties for sale, with an estimated market value of $1,477,900.

    Sale prices for multifamily properties in Groton, CT start at $379,900, averaging $492,633, and reaching up to $699,000 — 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

    Apartment buildings 7
    Duplexes 4
    Mobile home & RV parks 2
    Quadplexes 1
    Short term rental properties 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    Groton $641.4K
    Mystic $1.1M

    Taxes & Financing

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

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