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    Lyme, CT Residential Income Properties for Sale

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    Renovated Multifamily Property with Cottage
    Updated: Aug 20
    Renovated Multifamily Property with Cottage

    40 Portland Avenue, Old Lyme, CT 06371

    $799,000
    2,225 sqft 0.12 AC lot
    Two separate homes plus an attached in‑law unit on one 0.12‑acre lot
    2,225 square feet of improvements built in 1930
    Main home: 3 bedrooms and 1 bathroom
    Attached in‑law unit: 1–2 bedrooms and 1 bathroom
    Separate cottage with 2 bedrooms and 1 bathroom
    View details
    Two-Cottage Duplex Property
    Updated: Jul 29
    Two-Cottage Duplex Property

    10 Hartford Avenue, Old Lyme, CT 06371

    $639,900
    960 sqft
    Two cottages situated on one lot
    960 square feet of combined property size
    One cottage with 2 bedrooms and 1 full bath; second with 1 bedroom and 1 full bath
    Small side decks included with both cottages
    Outdoor shower and gazebo on the property
    View details
    Two-Cottage Multifamily Property
    Two-Cottage Multifamily Property

    10 Hartford Ave, Old Lyme, CT 06371

    $639,900

    Two homes on one lot provide separate living spaces with decks, an outdoor shower, and a gazebo.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Lyme, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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.

    Waterfront Multifamily Property
    Waterfront Multifamily Property

    61 & 63 Oswegatchie Road, Waterford, CT 06385

    $1,550,000
    3,025 sqft 1.36 AC lot

    Four stand-alone buildings span two parcels with public water and sewer service.

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    Waterfront Multi-Building Residential Property
    Waterfront Multi-Building Residential Property

    61 & 63 Oswegatchie Road, Waterford, CT 06385

    $1,700,000
    3,025 sqft

    Four stand-alone buildings on two lots offer direct Niantic River frontage, including a main home, two cottages, and a second 2-bedroom house.

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    Historic Essex Village Triplex
    Historic Essex Village Triplex

    11 N Main St, Essex, CT 06426

    $1,300,000
    0.09 AC lot

    Updated triplex in the heart of Essex Village.

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    Two-Family Home with Fenced Yard
    Two-Family Home with Fenced Yard

    55 S Main St, Essex, CT 06426

    Contact for pricing

    Owner-occupied two-family residence with a fenced-in yard on two sides and a front porch, offered for sale.

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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.

    26 Acres Near Golf Course
    26 Acres Near Golf Course

    184 Shore Road, Old Lyme, CT 06371

    $995,000
    25.99 AC lot

    26 acres near golf course, minutes from sandy beaches.

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    Approved Building Lot Near Beach
    Approved Building Lot Near Beach

    15 Griswold Road, East Lyme, CT 06357

    $749,000
    0.25 AC lot

    Cleared 0.24-acre lot in sought-after beach community.

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    Black Point Beach Building Lot
    Black Point Beach Building Lot

    61 Whitecap Road, East Lyme, CT 06357

    $385,000
    0.17 AC lot

    Corner lot in private beach community near Niantic amenities.

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    Land in Essex Village Location
    Land in Essex Village Location

    4 Bank Lane, Essex, CT 06426

    $725,000
    0.29 AC lot

    Land parcel in prime Essex Village location, build new.

    View details

    Off-Market Properties in Lyme, CT

    Consider similar Off-Market properties in Lyme, 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.

    14 Purtill Ave
    APARTMENT HOUSE (5+ UNITS)

    14 Purtill Ave, Old Lyme, CT 06371-2274

    $2,040,000
    Estimated value
    6,516 sqft 0.21 AC lot
    View details
    216 Shr Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    216 Shr Rd, Old Lyme, CT 06371-2000

    $355,000
    Estimated value
    576 sqft 7.42 AC lot
    View details
    180 Boston Post Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    180 Boston Post Rd, Old Lyme, CT 06371-4313

    $240,000
    Estimated value
    4,374 sqft 0.52 AC lot
    View details
    54 Washington Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    54 Washington Ave, Old Lyme, CT 06371-2037

    $240,000
    Estimated value
    1,300 sqft 0.23 AC lot
    View details
    40 Swan Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    40 Swan Ave, Old Lyme, CT 06371-2252

    $245,000
    Estimated value
    2,274 sqft 0.11 AC lot
    View details
    4 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    4 Rye Fld Rd, Old Lyme, CT 06371-4302

    $220,000
    Estimated value
    2,244 sqft
    View details
    21 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    21 Rye Fld Rd, Old Lyme, CT 06371-4309

    $220,000
    Estimated value
    2,244 sqft
    View details
    17 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    17 Rye Fld Rd, Old Lyme, CT 06371-4308

    $220,000
    Estimated value
    2,244 sqft
    View details
    7 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    7 Rye Fld Rd, Old Lyme, CT 06371-4305

    $220,000
    Estimated value
    2,244 sqft
    View details
    9 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    9 Rye Fld Rd, Old Lyme, CT 06371-4306

    $220,000
    Estimated value
    2,244 sqft
    View details
    15 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    15 Rye Fld Rd, Old Lyme, CT 06371-4307

    $220,000
    Estimated value
    2,244 sqft
    View details
    23 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    23 Rye Fld Rd, Old Lyme, CT 06371-4310

    $220,000
    Estimated value
    2,244 sqft
    View details
    6 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    6 Rye Fld Rd, Old Lyme, CT 06371-4304

    $220,000
    Estimated value
    2,244 sqft
    View details
    2 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2 Rye Fld Rd, Old Lyme, CT 06371-4300

    $220,000
    Estimated value
    2,244 sqft
    View details
    31 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    31 Rye Fld Rd, Old Lyme, CT 06371-4311

    $220,000
    Estimated value
    2,244 sqft
    View details
    33 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    33 Rye Fld Rd, Old Lyme, CT 06371-4312

    $220,000
    Estimated value
    2,244 sqft
    View details
    5 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    5 Rye Fld Rd, Old Lyme, CT 06371-4303

    $220,000
    Estimated value
    2,244 sqft
    View details
    3 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3 Rye Fld Rd, Old Lyme, CT 06371-4301

    $220,000
    Estimated value
    2,244 sqft
    View details
    1 Rye Fld Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1 Rye Fld Rd, Old Lyme, CT 06371-1365

    $90,000
    Estimated value
    1,450 sqft
    View details
    35 Mile Crk Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    35 Mile Crk Rd, Old Lyme, CT 06371-1712

    $345,000
    Estimated value
    11.40 AC lot
    View details
    249 Boston Post Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    249 Boston Post Rd, Old Lyme, CT 06371-1315

    $315,000
    Estimated value
    11.70 AC lot
    View details

    Lyme, CT Residential Income Properties Market Trends and Statistics

    Explore 24 residential income properties for sale in Lyme, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,185 square feet of properties for sale, with an estimated market value of $2,078,800.

    Sale prices for residential income properties in Lyme, CT start at $639,900, averaging $692,933, and reaching up to $799,000 — 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 5
    Duplexes 3

    Demographics Overview

    Population 9,855
    Population Growth (5Y) +1.7%
    Median Household Income $127,429
    College Educated 86.8%

    Listings Trend

    New vs delisted commercial listings in New London County

    New Delisted

    Total CRE Inventory on Market (SF)

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