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    Groton, CT Residential Income Properties for Sale

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    15 properties
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    Mixed-Use Property with Office Space
    Updated: Jul 15
    Mixed-Use Property with Office Space

    296 Mitchell Street, Groton, CT 06340

    $575,000
    5,355 sqft 0.42 AC lot
    5,355 square feet on 0.42 acres
    Approximately 3,480 square feet of finished office and residential space
    Two apartments: one 1‑bedroom unit and one 3‑bedroom unit
    Two storage or workshop areas in the main building
    Detached garage with upper‑story loft; garage leased separately
    View details
    Renovated Side-by-Side Duplex
    Updated: Aug 4
    Renovated Side-by-Side Duplex

    27 Joliet Court, Groton, CT 06340

    $389,900
    1,392 sqft 0.27 AC lot
    Side‑by‑side duplex with 1,392 square feet
    0.27‑acre corner lot on a cul‑de‑sac
    Renovated kitchens with ceiling‑height cabinets and quartz countertops
    Both units have electric baseboard heat and bathroom washer/dryer hookups
    Public water and public sewer serve the property
    View details
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    296 Mitchell St, Groton, CT 06340

    $575,000
    5,355 sqft 0.42 AC lot

    Office, residential, storage, and workshop spaces share a flexible commercial property.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four-Family Residential Income Property
    Four-Family Residential Income Property

    14 New London Road, Groton, CT 06355

    $895,000
    2,729 sqft

    Well-maintained four-family with 1-bed/1-bath units, separate utilities, and on-site coin laundry near downtown Mystic.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    358 Poquonnock Road, Groton, CT 06340

    $429,900
    1,734 sqft

    Two separate residences with recent improvements, off-street parking, and a sizable backyard support flexible ownership options.

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    Residential Income Property with Balcony
    Residential Income Property with Balcony

    22 W Main St Unit 1, Groton, CT 06355

    $1,595,000
    1,750 sqft

    Two bedroom suites, a den, and open living areas support flexible residential use.

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    Side-by-Side Residential Income Property
    Side-by-Side Residential Income Property

    1320 Route 12, Groton, CT 06340

    $485,900
    2,406 sqft

    Two side-by-side units offer a straightforward residential configuration with RU-20 zoning.

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    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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    Victorian Duplex with Off-Street Parking
    Victorian Duplex with Off-Street Parking

    153 Baker Avenue, Groton, CT 06340

    $429,000
    2,009 sqft

    Two-unit Victorian property with separate heating systems, private parking, and a full basement.

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    Renovated Duplex with Quartz Kitchens
    Renovated Duplex with Quartz Kitchens

    27 Joliet Court, Groton, CT 06340

    $389,900
    1,392 sqft

    Renovated two-family property with electric heat, quartz kitchen counters, and city water and sewer.

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    Side-by-Side Duplex with Basements
    Side-by-Side Duplex with Basements

    20-22 Morse Avenue, Groton, CT 06340

    $445,000
    2,002 sqft

    Two attached residences include private basements, laundry hookups, and updated mechanical equipment.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    102 Brandegee Avenue, Groton, CT 06340

    $424,900
    1,976 sqft

    Well-maintained duplex with two units, totaling five bedrooms and three full bathrooms, plus a large driveway and backyard.

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    Historic Three-Family Triplex Opportunity
    Historic Three-Family Triplex Opportunity

    59 School Street, Groton, CT 06340

    $440,000
    2,069 sqft

    Three-family triplex with high ceilings, original character, and seasonal Thames River views, plus recent roof and boiler updates.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    8 Midway Oval, Groton, CT 06340

    $325,000
    1,542 sqft

    Well-maintained two-family property currently occupied by tenants, with potential value in having one vacant unit.

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    Victorian Duplex with Off-Street Parking
    Victorian Duplex with Off-Street Parking

    153 Baker Ave, Groton, CT 06340

    $429,000

    Two separately heated residences include laundry provisions, a full basement, and individual parking spaces.

    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 15 Active listings in Groton, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 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.

    Mixed-Use Waterfront Building
    Mixed-Use Waterfront Building

    90-94 Bank Street, New London, CT 06320

    $1,888,000
    12,311 sqft

    Three-story mixed-use property offers apartments plus retail storefronts and an industrial/flex unit in a waterfront district.

    View details
    Mixed-Use Building in Downtown New London
    Mixed-Use Building in Downtown New London

    53-55 Bank St, New London, CT 06320

    $1,625,000
    7,668 sqft

    Mixed-use property with commercial unit and apartments in downtown.

    View details
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    90 Bank Street, New London, CT 06320

    Contact for pricing
    12,311 sqft

    Eight apartments are combined with two retail storefronts and an industrial/flex space in a waterfront setting.

    View details
    Mixed-Use Building in Downtown
    Mixed-Use Building in Downtown

    53 Bank St, New London, CT 06320

    Contact for pricing
    10,636 sqft

    Mixed-use property with commercial space and apartments in downtown New London.

    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.

    Approved Residential Subdivision Opportunity
    Approved Residential Subdivision Opportunity

    Briar Hill Road, Groton, CT 06340

    $1,246,000
    15.98 AC lot

    Approved 14-lot residential subdivision in Groton, CT.

    View details
    Mystic Dream Home Building Opportunity
    Mystic Dream Home Building Opportunity

    68 Mystic Meadow Lane, Groton, CT 06355

    $164,900
    1.79 AC lot

    1.78-acre lot in Mystic, build your dream home!

    View details
    Approved Building Lot in Mystic
    Approved Building Lot in Mystic

    36 Nautilus Way Road, Stonington, CT 06378

    $460,000
    2.72 AC lot

    2.72 acre residential land in Stonington, Connecticut.

    View details
    Residential Land in Quiet Neighborhood
    Residential Land in Quiet Neighborhood

    3 Holdsworth Road, Preston, CT 06365

    $49,900
    0.30 AC lot

    Level, cleared land near Thames River, convenient to amenities.

    View details

    Off-Market Properties in Groton, CT

    Consider similar Off-Market properties in Groton, 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.

    11 High St
    BOARDING/ROOMING HOUSE

    11 High St, Groton, CT 06340-4955

    $185,000
    Estimated value
    4,440 sqft 0.15 AC lot
    View details
    360 Thames St
    APARTMENT HOUSE (5+ UNITS)

    360 Thames St, Groton, CT 06340-3937

    $1,800,000
    Estimated value
    10,944 sqft 0.42 AC lot
    View details
    46 Hynes Ave
    APARTMENT HOUSE (5+ UNITS)

    46 Hynes Ave, Groton, CT 06340-5051

    $1,965,000
    Estimated value
    25,830 sqft 1.11 AC lot
    View details
    183 Brandegee Ave
    APARTMENT HOUSE (5+ UNITS)

    183 Brandegee Ave, Groton, CT 06340-4559

    $1,950,000
    Estimated value
    29,400 sqft 1.22 AC lot
    View details
    33 School St
    BOARDING/ROOMING HOUSE

    33 School St, Groton, CT 06340-3909

    $410,000
    Estimated value
    3,600 sqft 0.11 AC lot
    View details
    107 Benham Rd
    APARTMENT HOUSE (5+ UNITS)

    107 Benham Rd, Groton, CT 06340-4966

    $825,000
    Estimated value
    4,884 sqft 0.23 AC lot
    View details
    171 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    171 Hynes Ave, Groton, CT 06340-5038

    $700,000
    Estimated value
    3,360 sqft 0.19 AC lot
    View details
    109 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    109 Hynes Ave, Groton, CT 06340-5037

    $700,000
    Estimated value
    3,168 sqft 0.24 AC lot
    View details
    48 Smith St
    APARTMENT HOUSE (UNDER 5 UNITS)

    48 Smith St, Groton, CT 06340-4027

    $250,000
    Estimated value
    3,716 sqft 0.18 AC lot
    View details

    Groton, CT Residential Income Properties Market Trends and Statistics

    Explore 69 residential income properties for sale in Groton, CT, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 35,502 square feet of properties for sale, with an estimated market value of $9,323,500.

    Sale prices for residential income properties in Groton, CT start at $325,000, averaging $621,566, and reaching up to $1,595,000 — 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

    Multifamily properties 17
    Duplexes 9
    Quadplexes 2
    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.0%
    Median Household Income $77,768
    College Educated 27.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Groton - 06340 $525.7K
    Mystic - 06355 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $42.50 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 Groton fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Groton, CT

    • 06340
    • 06355

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