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    Waterford, CT
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    Waterford, CT Multifamily Properties for Sale

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    New London, CT Niantic, CT East Lyme, CT Groton, CT Ledyard, CT Old Lyme, CT Montville, CT Uncasville, CT
    Two-Family Residence with Waterview
    Updated: May 28
    Two-Family Residence with Waterview

    23 Ridgewood Avenue, Waterford, CT 06385

    $599,900
    1,680 sqft 0.16 AC lot
    2‑family home with public water and public sewer services
    Steam heating with oil fuel; fireplace present (living room fireplace is not operational)
    1st‑floor unit: 3 bedrooms, 1 bathroom; previously renting for $1,900/month
    2nd‑floor unit: 2 bedrooms, 1 bathroom; waterview off the living room
    Updates include siding, roofing, boiler, and second‑floor kitchen and bath
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    Waterfront Multi-Building Residential Property
    Updated: Jul 24
    Waterfront Multi-Building Residential Property

    61 & 63 Oswegatchie Road, Waterford, CT 06385

    $1,700,000
    3,025 sqft
    Direct Niantic River frontage with stairs down to a small private dock and seating area (about 204 ft direct river frontage).
    Main parcel totals 1.13 acres with approximately 100 ft of road frontage and includes two seasonal cottages.
    Main home: 2 bedrooms, front‑to‑back living room with stone fireplace, walk‑out basement, and under‑house garage; unfinished walk‑up 2nd floor.
    Cottages on the main parcel: one 2‑bedroom and one 1‑bedroom, each with natural woodwork, vaulted ceilings, large enclosed front porches, and stone fireplaces.
    Second property includes a 2‑bedroom home with a generous living room and a stone fireplace.
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    Two-Family Waterview Home
    Two-Family Waterview Home

    23 Ridgewood Avenue, Waterford, CT 06385

    $599,900
    1,680 sqft

    A flexible two-unit property near Ocean and Waterford Beach with waterviews and recent updates for owner-occupants or investors.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 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.

    Three-Story Boarding House
    Three-Story Boarding House

    35 Linden Street, New London, CT 06320

    $675,000
    4,220 sqft 0.11 AC lot

    Three floors with five rental rooms each, including full kitchens and bathrooms, plus separate heating and electrical per level.

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    Turnkey Three-Unit Multifamily
    Turnkey Three-Unit Multifamily

    190 Montauk Avenue, New London, CT 06320

    $655,000
    3,018 sqft

    Well-maintained, updated three-unit multifamily with systems and layouts designed for continued income production.

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    Healthcare Conversion Building
    Healthcare Conversion Building

    89 Viets Street, New London, CT 06320

    $4,699,000
    26,727 sqft 2.13 AC lot

    Large commercial building with 40 private rooms, multiple common areas, and a finished basement on 2.13 acres.

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    Two-Family Duplex with Flex Space
    Two-Family Duplex with Flex Space

    96 Blinman St, New London, CT 06320

    $350,000

    Move-in-ready two-family duplex with separate utilities and flexible interior space for work, play, or home office use.

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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
    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
    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
    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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    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    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)

    52 Daniels Ave, Waterford, CT 06385-2628

    Value Estimation by Request
    4,220 sqft 0.73 AC lot
    View details
    95 Clark Ln
    APARTMENT HOUSE (UNDER 5 UNITS)

    95 Clark Ln, Waterford, CT 06385-2131

    $3,540,000
    Estimated value
    43,182 sqft 6.06 AC lot
    View details

    Waterford, CT Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Waterford, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,385 square feet of properties for sale, with an estimated market value of $2,899,800.

    Sale prices for multifamily properties in Waterford, CT start at $599,900, averaging $966,600, and reaching up to $1,700,000 — 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

    Duplexes 3
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    06385 $599.9K

    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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