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    Waterford, CT Multifamily Properties for Sale

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    New London, CT East Lyme, CT Niantic, CT
    Duplex with Waterviews
    $599,900
    1,680 SF
    Duplex with Waterviews

    23 Ridgewood Avenue, Waterford, CT 06385

    Two-unit duplex with updates and potential rental flexibility in Waterford, CT.
    • 2‑family home in Ridgewood Park with public water access points and waterviews off the right side of the home
    • Walking distance to both Ocean and Waterford Beach, with a walkway to Eugene Oneil/Waterford beach on Forest St.
    • Steam heating with oil fuel; underground utilities; fireplace in the living room (not operational)
    • Year built 1900; first‑floor unit has 3 bedrooms and 1 bathroom, second‑floor unit has 2 bedrooms and 1 bathroom
    • Updates include siding, roofing, boiler, and second‑floor kitchen and bath, plus some flooring on both floors
    Updated: May 28
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    Two-Family Waterview Home
    $599,900
    1,680 SF
    Two-Family Waterview Home

    23 Ridgewood Avenue, Waterford, CT 6385

    A flexible two-unit property near Ocean and Waterford Beach with waterviews and recent updates for owner-occupants or investors.
    • 2‑family home built in 1900 with waterviews from the home
    • Walk to both Ocean and Waterford Beach; beach walkway on Forest St
    • Town‑owned public water access points nearby for kayaking, jet skis, paddleboarding, and row boats/dinghies
    • Heating: single steam system using oil fuel
    • First‑floor unit: 3 bedrooms, 1 bath; living room fireplace is not operational
    Updated: May 27
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Waterford, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Four-Family Residential Income Property
    $675,000
    3,309 SF
    Four-Family Residential Income Property

    Well-maintained four-unit property with separate utilities, updated interiors, and a new roof in a residential R-2 zone.

    144 Montauk Avenue, New London, CT 06320

    View details
    Turnkey Three-Family Income Property
    $685,000
    2,369 SF
    Turnkey Three-Family Income Property

    Fully renovated, triple-income property in a high-growth area.

    198 Montauk Avenue, New London, CT 06320

    View details
    Remodeled Two-Family Home
    $455,000
    2,585 SF
    Remodeled Two-Family Home

    Two-family home with remodeled unit, ideal for owner-occupant or investment.

    13 Alger Street, New London, CT 6320

    View details
    New London Commercial Building For Sale
    $4,699,000
    26,727 SF
    New London Commercial Building For Sale

    26,727 SF commercial building near Yale New Haven Hospital.

    89 Viets Street, New London, CT 6320

    View details

    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

    View details
    Expansive Land Parcel in Holmes
    $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

    View details
    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

    View details
    Flatbush Development Property For Sale
    $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

    View details

    Off-Market Properties in Waterford, CT

    Consider similar Off-Market properties in Waterford, 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.

    52 Daniels Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,220 SF Lot: 0.73 Acres
    Value Estimation by Request

    52 Daniels Ave, Waterford, CT 06385-2628

    View details
    95 Clark Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    43,182 SF Lot: 6.06 Acres
    Estimated value
    $3,540,000

    95 Clark Ln, Waterford, CT 06385-2131

    View details

    Waterford, CT Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Waterford, CT on our real estate platform. These investment opportunities span a total of 3,360 square feet of properties for sale, with an estimated market value of $1,199,800.

    Sale prices for multifamily properties in Waterford, CT start at $599,900, averaging $599,900, and reaching up to $599,900 — 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

    Duplexes 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) +3.5%
    Median Household Income $110,375
    College Educated 29.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.12%
    Property Tax per SF $32.28 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Waterford fall within the 100,000+ square foot range.

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