Lyme, CT Multifamily Properties for Sale

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East Haddam, CT Essex, CT Deep River, CT

Updated: May 19

Old Lyme Beach Community Property

40 Portland Avenue, Old Lyme, CT 06371

$888,000

2,225 sqft · 0.12 AC lot

2 separate homes on 1 lot: main beach house with an in‑law connected, plus a cottage
Main beach house offers 3 bedrooms and 1 bathroom, with an in‑law unit featuring 1–2 bedrooms and 1 bathroom
Cottage includes 2 bedrooms and 1 bathroom
Recently renovated and freshly painted
Year‑round living with beach rights and the beach a couple minutes away by casual stroll

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Updated: May 19

Old Lyme Beach Community Property

40 Portland Ave, Old Lyme, CT 6371

$888,000

Beach rights and a short walk to the beach.
Two separate homes on one lot, offering flexibility.
Main house includes a connected in‑law unit.
Recently renovated and freshly painted.
Potential for use as a family home or academic rental investment.

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Old Lyme Beach Community Property

40 Portland Avenue, Old Lyme, CT 6371

$888,000

2,225 sqft

Two homes and an in-law unit near the beach.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Lyme, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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.

Two-Family Residence with Waterview

23 Ridgewood Avenue, Waterford, CT 06385

$599,900

1,680 sqft · 0.16 AC lot

Two-unit home featuring multiple updates, separate bedroom/bathroom layouts, and waterviews for flexible occupancy.

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Charming Two-Unit Income Property

46 Main Street, Essex, CT 06409

$469,900

1,252 sqft · 0.67 AC lot

Well-maintained two-unit property in the heart of Centerbrook.

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Historic Mixed-Use Building with Decks

11 N Main Street, Essex, CT 06426

$1,300,000

3,036 sqft · 0.09 AC lot

Three updated units in a historic building include a two-bedroom residence, a decked apartment, and an office space.

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Two-Family Waterview Home

23 Ridgewood Avenue, Waterford, CT 6385

$599,900

1,680 sqft

A flexible two-unit property near Ocean and Waterford Beach with waterviews and recent updates for owner-occupants or investors.

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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

39 Halsey Avenue, Southampton, NY 11968

$2,300,000

0.33 AC lot

Two-family home in the heart of Southampton Village.

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Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

2,480 sqft · 75.32 AC lot

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

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Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft · 0.09 AC lot

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

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Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888

2,660 sqft · 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Off-Market Properties in Lyme, CT

Consider similar Off-Market properties in Lyme, 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.

APARTMENT HOUSE (5+ UNITS)

14 Purtill Ave, Old Lyme, CT 06371-2274

$2,040,000

Estimated value

6,516 sqft · 0.21 AC lot

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