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    New London, CT
    Quadplex

    New London, CT Quadplexes for Sale

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    Waterford, CT Groton, CT Ledyard, CT East Lyme, CT Niantic, CT Montville, CT Stonington, CT Uncasville, CT
    Mixed-Use Five-Unit Brick Building
    Updated: Jul 15
    Mixed-Use Five-Unit Brick Building

    27 Broad Street, New London, CT 06320

    $899,000
    5,510 sqft 0.31 AC lot
    Five‑unit Victorian brick mixed‑use building (c. 1900) generating $111,281 gross annual income with stabilized NOI of $70,563
    9.81% cap rate at the $899,000 asking price; proforma NOI of $88,233 at market rents
    Ground‑floor dental practice tenant on a long‑term lease paying $4,423/month; four residential units above are fully occupied
    Residential mix: two 2BR/1BA units and two 1BR/1BA units; all occupied with heat and hot water owner‑paid
    Remodeled residential units include LVP flooring, updated kitchens, and stainless appliances (3 of 4 units)
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    Four-Unit Residential Income Property
    Updated: Jun 29
    Four-Unit Residential Income Property

    49 Chappell Street, New London, CT 06320

    $595,000
    5,000 sqft 0.36 AC lot
    Multi‑home property with a single‑family home plus three townhouse‑like rentals on one lot
    Natural gas heating and public water; public sewer
    Three rental units include a 1‑bedroom, a 1‑bedroom (lower level), and a 2‑bedroom two‑level unit
    Single‑family home features 2 bedrooms with heating and plumbing systems (state of the are described in remarks)
    Cooling is provided by window unit(s)
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    Three-Unit Townhouse-Style Property
    Three-Unit Townhouse-Style Property

    49 Chappell Street, New London, CT 06320

    $550,000
    5,000 sqft

    Residential income property features three townhouse-like rentals plus a separate single-family home.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in New London, 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.

    Well-Maintained Four-Unit Residential Income
    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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    Four-Unit Multifamily Building
    Four-Unit Multifamily Building

    681 North Main Street, Norwich, CT 06360

    $495,000
    2,800 sqft

    Fully occupied 4-unit asset with tenant-paid utilities and public water/sewer, currently producing $61,752 in gross income.

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    Historic Mystic Four-Family Home
    Historic Mystic Four-Family Home

    19 Pearl St, Groton, CT 06355

    $1,595,000

    Well-maintained four-family home in downtown Mystic with income potential.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    45 Union Street, Norwich, CT 06360

    Contact for pricing

    Four fully rented units located near Howard T. Brown Park and Marina and within walking distance of bus routes.

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    New London, CT Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in New London, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,510 square feet of properties for sale, with an estimated market value of $2,044,000.

    Sale prices for four-unit buildings in New London, CT start at $550,000, averaging $681,333, and reaching up to $899,000 — 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

    Apartment buildings 17
    Duplexes 6
    Triplexes 6
    Quadplexes 3

    Demographics Overview

    Population 27K
    Population Growth (5Y) +0.7%
    Median Household Income $60,224
    College Educated 41.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    06320 $687.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $25.71 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in New London fall within the 10,000 to 25,000 square foot range.

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