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Old Lyme, CT Multifamily Properties for Sale

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Multi-Use Property with Storage Permit
$1,250,000
1,698 SF

Multi-Use Property with Storage Permit

224 Shore Road, Old Lyme, CT 6371

Multi-use property with storage unit permit and rental income.

  • Approved permit for 14,000 sq ft of storage units with office space.
  • Existing multi‑family house with two rental units generating approximately $3400/month income.
  • Last available space in Old Lyme approved for storage unit construction.
  • Full approval and plans for four storage buildings (1800‑4200 sq ft).
  • Level, open space for easy construction.
Updated: Sep 5, 2025
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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 1 Active listings in Old 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.

Explore Opportunities in Nearby Cities

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

Coastal Multifamily Property in Niantic
$524,900
2,664 SF

Coastal Multifamily Property in Niantic

Two-unit multifamily home in a vibrant coastal town.

21 N Washington Avenue, East Lyme, CT 06357
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Westbrook Multifamily Property Near Beach
$425,000
0.64 Acres

Westbrook Multifamily Property Near Beach

Two-family property near Middle Beach, offering restoration or redevelopment potential.

29 Salt Island Road, Westbrook, CT 6498
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East Lyme Multifamily Investment Opportunity
$3,200,000

East Lyme Multifamily Investment Opportunity

36-unit apartment complex in East Lyme, Connecticut.

130 Boston Post Rd, East Lyme, CT 6333
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Historic Westbrook Duplex Near Beach
$425,000
1,665 SF

Historic Westbrook Duplex Near Beach

Charming two-family property near Middle Beach with income potential.

29 Salt Island Road, Westbrook, CT 6498
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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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Holmes, NY Development Land
$750,000
75.32 Acres

Holmes, NY Development Land

75.32 acres of R-3 zoned land for single-family homes.

545 Grape Hollow Road, Holmes, NY 12531
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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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Flatbush Development Property with R6 Zoning
$1,249,000
1,407 SF

Flatbush Development Property with R6 Zoning

Development property with existing home and R6, C1-2 zoning.

14 E 32nd Street lot: 13, Brooklyn, NY 11226
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Explore Off-Market Properties in Old Lyme, CT

Consider similar Off-Market properties in Old 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.

14 Purtill Ave

14 Purtill Ave

APARTMENT HOUSE (5+ UNITS) • 6,516 SF
Value Estimation
$2,040,000
14 Purtill Ave, Old Lyme, CT 06371-2274
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216 Shr Rd

216 Shr Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 576 SF
Value Estimation by Request
216 Shr Rd, Old Lyme, CT 06371-2000
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180 Boston Post Rd

180 Boston Post Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,374 SF
Value Estimation by Request
180 Boston Post Rd, Old Lyme, CT 06371-4313
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54 Washington Ave

54 Washington Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 1,300 SF
Value Estimation by Request
54 Washington Ave, Old Lyme, CT 06371-2037
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40 Swan Ave

40 Swan Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,274 SF
Value Estimation by Request
40 Swan Ave, Old Lyme, CT 06371-2252
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4 Rye Fld Rd

4 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
4 Rye Fld Rd, Old Lyme, CT 06371-4302
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21 Rye Fld Rd

21 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
21 Rye Fld Rd, Old Lyme, CT 06371-4309
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17 Rye Fld Rd

17 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
17 Rye Fld Rd, Old Lyme, CT 06371-4308
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7 Rye Fld Rd

7 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
7 Rye Fld Rd, Old Lyme, CT 06371-4305
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9 Rye Fld Rd

9 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
9 Rye Fld Rd, Old Lyme, CT 06371-4306
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15 Rye Fld Rd

15 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
15 Rye Fld Rd, Old Lyme, CT 06371-4307
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23 Rye Fld Rd

23 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
23 Rye Fld Rd, Old Lyme, CT 06371-4310
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6 Rye Fld Rd

6 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
6 Rye Fld Rd, Old Lyme, CT 06371-4304
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2 Rye Fld Rd

2 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
2 Rye Fld Rd, Old Lyme, CT 06371-4300
View details
31 Rye Fld Rd

31 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
31 Rye Fld Rd, Old Lyme, CT 06371-4311
View details
33 Rye Fld Rd

33 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
33 Rye Fld Rd, Old Lyme, CT 06371-4312
View details
5 Rye Fld Rd

5 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
5 Rye Fld Rd, Old Lyme, CT 06371-4303
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3 Rye Fld Rd

3 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,244 SF
Value Estimation by Request
3 Rye Fld Rd, Old Lyme, CT 06371-4301
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1 Rye Fld Rd

1 Rye Fld Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 1,450 SF
Value Estimation by Request
1 Rye Fld Rd, Old Lyme, CT 06371-1365
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35 Mile Crk Rd

35 Mile Crk Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 11.40 Acres
Value Estimation by Request
35 Mile Crk Rd, Old Lyme, CT 06371-1712
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249 Boston Post Rd

249 Boston Post Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 11.70 Acres
Value Estimation by Request
249 Boston Post Rd, Old Lyme, CT 06371-1315
View details

Old Lyme, CT Multifamily Properties Investment Opportunities Market Analysis

Explore 22 multifamily properties for sale in Old Lyme, CT on our real estate platform. These investment opportunities span a total of 369,693 square feet of properties for sale, with an estimated market value of $3,120,000.

Sale prices for multifamily properties in Old Lyme, CT start at $240,000, averaging $624,000, and reaching up to $2,040,000 — 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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