Old Lyme, CT Residential Income Properties for Sale

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Essex, CT East Haddam, CT Deep River, CT

$888,000

2,225 SF

Old Lyme Beach Community Property

40 Portland Avenue, Old Lyme, CT 06371

Two homes and an in-law unit near the beach.

2 separate homes on 1 lot: main beach house with an in‑law connected, plus a cottage
Main beach house offers 3 bedrooms and 1 bathroom, with an in‑law unit featuring 1–2 bedrooms and 1 bathroom
Cottage includes 2 bedrooms and 1 bathroom
Recently renovated and freshly painted
Year‑round living with beach rights and the beach a couple minutes away by casual stroll

Updated: May 19

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$888,000

Old Lyme Beach Community Property

40 Portland Ave, Old Lyme, CT 6371

Two homes and an in-law unit near the beach.

Beach rights and a short walk to the beach.
Two separate homes on one lot, offering flexibility.
Main house includes a connected in‑law unit.
Recently renovated and freshly painted.
Potential for use as a family home or academic rental investment.

Updated: May 19

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$888,000

2,225 SF

Old Lyme Beach Community Property

Two homes and an in-law unit near the beach.

40 Portland Avenue, Old Lyme, CT 6371

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$619,900

Beach Home in Desirable Community

Spacious duplex in a desirable beach community, move-in ready.

10 Old Colony Rd, Old Lyme, CT 6371

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$1,250,000

1,698 SF

Multi-Use Property with Storage Permit

Multi-use property with storage unit permit and rental income.

224 Shore Road, Old Lyme, CT 6371

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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 5 Active listings in Old 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.

$499,900

0.50 Acres

Updated Duplex in East Lyme

Well-maintained 2-family home near Niantic River.

26-28 Gurley Rd, East Lyme, CT 6333

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$3,200,000

East Lyme Multifamily Investment Opportunity

36-unit apartment complex in East Lyme, Connecticut.

130 Boston Post Rd, East Lyme, CT 6333

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Mixed-Use Commercial Property Opportunity

$499,995

0.61 Acres

Mixed-Use Commercial Property Opportunity

Mixed-use property near Old Saybrook center, ideal for owner-occupancy.

369 Boston Post Road, Old Saybrook, CT 6475

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$499,999

2,700 SF

Mixed-Use Commercial Property Opportunity

Mixed-use property near Old Saybrook center with income potential.

369 Boston Post Rd, Old Saybrook, CT 6475

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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.

$995,000

25.99 Acres

26 Acres Near Golf Course

26 acres near golf course, minutes from sandy beaches.

184 Shore Road, Old Lyme, CT 06371

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$749,000

0.25 Acres

Approved Building Lot Near Beach

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

15 Griswold Road, East Lyme, CT 06357

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$385,000

0.17 Acres

Black Point Beach Building Lot

Corner lot in private beach community near Niantic amenities.

61 Whitecap Road, East Lyme, CT 06357

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$725,000

0.29 Acres

Land in Essex Village Location

Land parcel in prime Essex Village location, build new.

4 Bank Lane, Essex, CT 06426

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Off-Market Properties in Old Lyme, CT

Consider similar Off-Market properties in Old 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.

APARTMENT HOUSE (UNDER 5 UNITS)

1,450 SF

Value Estimation by Request

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

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Old Lyme, CT Residential Income Properties Market Trends and Statistics

Explore 26 residential income properties for sale in Old Lyme, CT, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,148 square feet of properties for sale, with an estimated market value of $3,026,000.

Sale prices for residential income properties in Old Lyme, CT start at $888,000, averaging $1,008,666, and reaching up to $1,250,000 — 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

Demographics Overview

Population 9,855

Population Growth (5Y) +1.7%

Median Household Income $127,429

College Educated 86.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
06371	$906.8K

Taxes & Financing

Tax Rate (average for all types) 2.20%

Property Tax per SF $42.14 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)

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Old Lyme, CT Residential Income Properties for Sale

40 Portland Avenue, Old Lyme, CT 06371

40 Portland Ave, Old Lyme, CT 6371

40 Portland Avenue, Old Lyme, CT 6371

10 Old Colony Rd, Old Lyme, CT 6371

224 Shore Road, Old Lyme, CT 6371

Opportunities in Nearby Cities

26-28 Gurley Rd, East Lyme, CT 6333

130 Boston Post Rd, East Lyme, CT 6333

369 Boston Post Road, Old Saybrook, CT 6475

369 Boston Post Rd, Old Saybrook, CT 6475

Potential Development Sites for Consideration

184 Shore Road, Old Lyme, CT 06371

15 Griswold Road, East Lyme, CT 06357

61 Whitecap Road, East Lyme, CT 06357

4 Bank Lane, Essex, CT 06426

Off-Market Properties in Old Lyme, CT

14 Purtill Ave, Old Lyme, CT 06371-2274

216 Shr Rd, Old Lyme, CT 06371-2000

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

54 Washington Ave, Old Lyme, CT 06371-2037

40 Swan Ave, Old Lyme, CT 06371-2252

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Old Lyme, CT Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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