Multifamily

Salem, CT Multifamily Properties for Sale

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Riverfront Multifamily Property
Updated: Jul 22
Riverfront Multifamily Property

642 Old Hartford Road, Colchester, CT 06415

$284,900
4,236 sqft 2.82 AC lot
Three buildings on a 2.82‑acre parcel along the Jeremy River
4,236 square feet of property
Single‑story cottage with one bedroom, bathroom, kitchen, and porch
One‑car garage with additional ground‑level space and a large loft
Multilevel main residence
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Residential Income Property with River Views
Updated: Jul 22
Residential Income Property with River Views

642 Old Hartford Road, Colchester, CT 06415

$284,900
4,236 sqft
Three‑building residential income property with a cottage that overlooks the Jeremy River.
Cottage includes 1 bedroom, 1 bathroom, and a kitchen.
Main home features multiple levels.
One‑car garage includes additional ground‑level square footage and large loft space above.
Yard is wooded, providing privacy, with direct access to the river and walking trails.
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Four-Unit Quadplex
Four-Unit Quadplex

124 Hammond Ct, Colchester, CT 06415

$455,000
1,892 sqft

Income-producing multifamily property with four separately rented one-bedroom residences in Colchester.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Complex with Apartments
Mixed-Use Complex with Apartments

14-16 Main Street, Hebron, CT 06248

$2,375,000
5,483 sqft 0.53 AC lot

Three-building property combines commercial space, apartments, public utilities, and pedestrian access through connected sidewalks.

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Mixed-Use Complex With Apartments
Mixed-Use Complex With Apartments

14-16 Main Street, Hebron, CT 06248

$2,375,000
5,483 sqft

Three-building property combines leased commercial spaces, apartment units, public utilities, pedestrian access, and on-site parking.

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Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

82 Main Street, East Hampton, CT 06424

$3,650,000
16,973 sqft

Renovated 22-unit property featuring 17 apartments and 5 storefronts with updated interiors.

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Duplex with Separate Utilities
Duplex with Separate Utilities

61-63 Clark Hill Rd, East Hampton, CT 06424

$424,900
2,484 sqft

Both residences include in-unit laundry, kitchen and dining areas, living rooms, and backyard access.

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Salem, CT Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Salem, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,364 square feet of properties for sale, with an estimated market value of $1,024,800.

Sale prices for multifamily properties in Salem, CT start at $284,900, averaging $341,600, and reaching up to $455,000 — 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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Demographics Overview

Population 4,323
Population Growth (5Y) +2.9%
Median Household Income $118,839
College Educated 69.7%

Taxes & Financing

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)

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