Old Lyme, CT Multifamily Properties for Sale

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East Haddam, CT Deep River, CT Essex, CT

$888,000

2,225 SF

Old Lyme Beach Community Property

40 Portland Avenue, Old Lyme, CT 06371

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

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

Updated: May 19

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$619,900

Beach Home in Desirable Community

10 Old Colony Rd, Old Lyme, CT 6371

Spacious duplex in a desirable beach community, move-in ready.

Beach home in a desirable beach community.
Two units, each with 3 bedrooms, 1 bath, kitchen, and sunroom.
Generous lot with backyard and plenty of parking.
Bonus rooms on the 3rd floor with half bath.
Full, dry, and clean basement for storage and overflow space.

Updated: Apr 27

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$888,000

Old Lyme Beach Community Property

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

40 Portland Ave, Old Lyme, CT 6371

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$888,000

2,225 SF

Old Lyme Beach Community Property

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

40 Portland Avenue, Old Lyme, CT 6371

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$1,250,000

1,698 SF

Multi-Use Property with Storage Permit

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

224 Shore Road, Old Lyme, CT 6371

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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 5 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.

Opportunities in Nearby Cities

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

$469,900

Centerbrook Two-Unit Income Property

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

46 Main St, Essex, CT 6409

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$469,900

1,252 SF

Centerbrook Two-Unit Income Property

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

46 Main Street, Essex, CT 6409

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$499,900

0.50 Acres

Updated Duplex in East Lyme

Well-maintained 2-family home near Niantic River.

26-28 Gurley Rd, East Lyme, CT 6333

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$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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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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$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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$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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$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 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.

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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Old Lyme, CT Multifamily Properties Investment Opportunities Market Analysis

Explore 26 multifamily properties for sale in Old Lyme, CT, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,148 square feet of properties for sale, with an estimated market value of $3,026,000.

Sale prices for multifamily properties in Old Lyme, CT start at $888,000, averaging $1,008,666, and reaching up to $1,250,000 — 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

Demographics Overview

Population 9,855

Population Growth (5Y) +1.7%

Median Household Income $127,429

College Educated 86.8%

High-Yield Neighborhoods for Investment

Identify Old Lyme submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
06371	$906.8K

Taxes & Financing

Tax Rate (average for all types) 2.20%

Property Tax per SF $42.14 per sq ft

Average Loan-to-Value 65.0%

Listings Trend

Total CRE Area on Market Trend

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Old Lyme, CT Multifamily Properties for Sale

40 Portland Avenue, Old Lyme, CT 06371

10 Old Colony Rd, Old Lyme, CT 6371

40 Portland Ave, Old Lyme, CT 6371

40 Portland Avenue, Old Lyme, CT 6371

224 Shore Road, Old Lyme, CT 6371

Opportunities in Nearby Cities

46 Main St, Essex, CT 6409

46 Main Street, Essex, CT 6409

26-28 Gurley Rd, East Lyme, CT 6333

130 Boston Post Rd, East Lyme, CT 6333

Potential Development Sites for Consideration

39 Halsey Avenue, Southampton, NY 11968

545 Grape Hollow Road, Holmes, NY 12531

68, 70-72 Clarkson St, Boston, MA 02125

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

Off-Market Properties in Old Lyme, CT

14 Purtill Ave, Old Lyme, CT 06371-2274

216 Shr Rd, Old Lyme, CT 06371-2000

180 Boston Post Rd, Old Lyme, CT 06371-4313

54 Washington Ave, Old Lyme, CT 06371-2037

40 Swan Ave, Old Lyme, CT 06371-2252

4 Rye Fld Rd, Old Lyme, CT 06371-4302

21 Rye Fld Rd, Old Lyme, CT 06371-4309

17 Rye Fld Rd, Old Lyme, CT 06371-4308

7 Rye Fld Rd, Old Lyme, CT 06371-4305

9 Rye Fld Rd, Old Lyme, CT 06371-4306

15 Rye Fld Rd, Old Lyme, CT 06371-4307

23 Rye Fld Rd, Old Lyme, CT 06371-4310

6 Rye Fld Rd, Old Lyme, CT 06371-4304

2 Rye Fld Rd, Old Lyme, CT 06371-4300

31 Rye Fld Rd, Old Lyme, CT 06371-4311

33 Rye Fld Rd, Old Lyme, CT 06371-4312

5 Rye Fld Rd, Old Lyme, CT 06371-4303

3 Rye Fld Rd, Old Lyme, CT 06371-4301

1 Rye Fld Rd, Old Lyme, CT 06371-1365

Old Lyme, CT Multifamily Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Area on Market Trend

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