Stonington, CT Multifamily Properties for Sale

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Updated: May 31

Updated Multifamily Building with Penthouse

44 Williams Avenue, Stonington, CT 06355

$2,550,000

3,669 sqft 0.17 AC lot

Completely updated multi‑unit building in the LS‑5 zone, built in 1940
Two‑story luxury penthouse with a chef’s kitchen, premium appliances, 3 bedrooms and 2 full baths, plus dual private outdoor decks
First floor includes three studio suites with dedicated living zones and spa‑like baths
Central air cooling with zoned heating; public water and public sewer
Solar power generation, plus integrated cameras and smart access/security for a contactless rental setup

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Updated: Jan 10

Mixed-Use Historic Building

117 Water Street, Stonington, CT 06378

$4,250,000

12,145 sqft 0.12 AC lot

Historic oceanfront mixed‑use property with 11 fully renovated, fully occupied units in Stonington Borough’s Village District
7 residential suites: each includes a fully applianced kitchen and private laundry
4 commercial spaces with off‑the‑sidewalk entry and glass bay storefronts
Cooling via window unit(s); heating via baseboard; flooring includes wood
Unfinished full attic with panoramic views and three state water views

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Mixed-Use Historic Building

117 Water Street, Stonington, CT 06378

$4,250,000

12,145 sqft 0.12 AC lot

Historic mixed-use property with seven residential suites and four storefront-ready commercial suites.

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Stonington Two-Family Home For Sale

51 Pequot Trl, Stonington, CT 06379

$365,000

0.29 AC lot

Two-family home with recent upgrades and convenient location.

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Turnkey Boutique Hospitality Property

32 Broadway Avenue, Stonington, CT 06378

$5,050,000

4,002 sqft 0.18 AC lot

Pre-zoned LS-5 hospitality use with fully furnished interiors, rooftop communal amenities, and dedicated paved off-street parking.

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Boutique Hotel with Rooftop Pool

32 Broadway Avenue, Stonington, CT 06378

$5,050,000

0.18 AC lot

Turnkey, fully furnished hospitality property with rooftop pool and on-site off-street parking for short-term stays or hotel operations.

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Six-Unit Short-Term Rental Portfolio

9 School (4 and 6 School Place)(Mystic) Street, Stonington, CT 06355

$3,500,000

4,962 sqft 0.31 AC lot

Turnkey portfolio of three buildings with six guest accommodations, operating as a short-term rental hospitality business.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 7 Active listings in Stonington, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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 Home with Finished Third Floor

24 Pleasant Street, Westerly, RI 02891

$549,000

2,736 sqft 0.15 AC lot

Updated two-unit living with efficient heating, durable flooring, and a finished third level that supports flexible rental plans.

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Three-Family Home with Garage

68 Beach Street, Westerly, RI 02891

$615,900

3,892 sqft 0.21 AC lot

Well-maintained three-unit residence with separate utilities and two-car garage in downtown Westerly.

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Triplex Income Property

12 Bank Street, Groton, CT 06355

$699,000

1,995 sqft 0.19 AC lot

Currently used as a three-unit income property with outdoor decks and yard space under R-7 zoning.

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Well-Maintained Four-Unit Residential Income

19 Pearl Street, Groton, CT 06340

$1,495,000

3,791 sqft

Four well-maintained units with private parking and covered porches, including legally approved Airbnb configurations.

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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.

Two-Family Home with Detached Garage

39 Halsey Avenue, Southampton, NY 11968

$2,300,000

0.33 AC lot

Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

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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 Stonington, CT

Consider similar Off-Market properties in Stonington, 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)

20 Main St, Stonington, CT 06378

Value Estimation by Request

3,578 sqft 0.84 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

24 Bradley St, Stonington, CT 06378

Value Estimation by Request

0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

25 Hancox St, Stonington, CT 06378-1466

Value Estimation by Request

4,340 sqft 0.22 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

39 Water St, Stonington, CT 06378-1435

Value Estimation by Request

3,032 sqft 0.09 AC lot

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APARTMENT HOUSE (5+ UNITS)

252 Water St, Stonington, CT 06378-2931

Value Estimation by Request

3,987 sqft 0.90 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

41 Wall St, Stonington, CT 06378

Value Estimation by Request

3,732 sqft 0.47 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1 Harmony St, Stonington, CT 06378-1467

Value Estimation by Request

3,528 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2 Williams St, Stonington, CT 06378

Value Estimation by Request

1,916 sqft 0.41 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

52 Main St, Stonington, CT 06378-1444

Value Estimation by Request

3,073 sqft 0.37 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1 Cutler St, Stonington, CT 06378-1044

Value Estimation by Request

2,799 sqft 0.19 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

12 Trumbull St, Stonington, CT 06378-1464

Value Estimation by Request

2,958 sqft 0.05 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

14 Trumbull St, Stonington, CT 06378-1465

Value Estimation by Request

3,830 sqft 0.09 AC lot

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Stonington, CT Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Stonington, CT, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 36,923 square feet of properties for sale, with an estimated market value of $19,800,000.

Sale prices for multifamily properties in Stonington, CT start at $2,550,000, averaging $3,960,000, and reaching up to $5,050,000 — 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

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 5,408

Population Growth (5Y) -1.8%

Median Household Income $126,014

College Educated 87.9%

High-Yield Neighborhoods for Investment

Identify Stonington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Pawcatuck	$365K
Mystic	$3.1M
Stonington	$4.6M

Taxes & Financing

Tax Rate (average for all types) 2.00%

Property Tax per SF $23.07 per SF

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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Stonington, CT Multifamily Properties for Sale

44 Williams Avenue, Stonington, CT 06355

117 Water Street, Stonington, CT 06378

117 Water Street, Stonington, CT 06378

51 Pequot Trl, Stonington, CT 06379

32 Broadway Avenue, Stonington, CT 06378

32 Broadway Avenue, Stonington, CT 06378

9 School (4 and 6 School Place)(Mystic) Street, Stonington, CT 06355

Opportunities in Nearby Cities

24 Pleasant Street, Westerly, RI 02891

68 Beach Street, Westerly, RI 02891

12 Bank Street, Groton, CT 06355

19 Pearl Street, Groton, CT 06340

Potential Development Sites for Consideration

39 Halsey Avenue, Southampton, NY 11968

545 Grape Hollow Road, Holmes, NY 12531

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

69 Martense Street, Brooklyn, NY 11226

Off-Market Properties in Stonington, CT

20 Main St, Stonington, CT 06378

24 Bradley St, Stonington, CT 06378

25 Hancox St, Stonington, CT 06378-1466

39 Water St, Stonington, CT 06378-1435

252 Water St, Stonington, CT 06378-2931

41 Wall St, Stonington, CT 06378

1 Harmony St, Stonington, CT 06378-1467

2 Williams St, Stonington, CT 06378

52 Main St, Stonington, CT 06378-1444

1 Cutler St, Stonington, CT 06378-1044

12 Trumbull St, Stonington, CT 06378-1464

14 Trumbull St, Stonington, CT 06378-1465

Stonington, CT Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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