Residential Income

Portland, CT Residential Income Properties for Sale

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Middletown, CT Cromwell, CT Middlefield, CT Berlin, CT Glastonbury, CT Rocky Hill, CT East Hampton, CT Haddam, CT
Multifamily Property with Basement
Updated: Aug 31
Multifamily Property with Basement

394 Main Street, Portland, CT 06480

$477,500
2,866 sqft 0.47 AC lot
2,866‑square‑foot multifamily property on 0.47 acres
Four bedrooms and three bathrooms across different floors
Basement included
Steam heating and fireplace
Built in 1850
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Three-Unit Multifamily Property
Updated: Aug 31
Three-Unit Multifamily Property

394 Main Street, Portland, CT 06480

$477,500
2,866 sqft
Three‑unit multifamily property
2,866 square feet of building area
Built in 1850
394 Main Street, Portland, CT 06480
Near shopping, dining, schools, parks, and area amenities
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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 38 Potential Opportunities for your consideration. Besides 2 Active listings in Portland, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 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 Property with Garage Workshops
Mixed-Use Property with Garage Workshops

13 Portland St, Middletown, CT 06457

$1,300,000
9,890 sqft

Six updated apartments accompany two commercial garage spaces, with off-street parking and access to downtown Middletown and Route 9.

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Historic 3-Unit Multifamily Home
Historic 3-Unit Multifamily Home

9 Allen Rd, Cromwell, CT 06416

$460,000
2,698 sqft 0.49 AC lot

Historic 3-family built in 1800 with separate kitchens, 6 bedrooms, and 3 full baths on public water and sewer.

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Side-by-Side Duplex
Side-by-Side Duplex

18 Portland Street, Middletown, CT 06457

$90,000
1,558 sqft 0.08 AC lot

Fire-damaged two-family property on a level lot with public water and sewer.

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As-Is Fire-Damaged Duplex
As-Is Fire-Damaged Duplex

18 Portland Street, Middletown, CT 06457

Contact for pricing

Two-family property sold as-is with fire damage, located on a level lot with public water and public sewer access.

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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.

Suburban-Residential Zoned Farmland Development
Suburban-Residential Zoned Farmland Development

436 & 444 Preston Avenue, Meriden, CT 06450

$4,000,000
71.11 AC lot

Large farmland parcel improved by an existing farm house, zoned S-R for suburban/residential use in Meriden.

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333 Acre Land Assemblage
333 Acre Land Assemblage

21 Saner Rd, Marlborough, CT 06447

Contact for pricing
333.00 AC lot

Rare 333-acre land in Marlborough, Hartford County.

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Residential Lot in New Britain
Residential Lot in New Britain

96 Chapman Street, New Britain, CT 06051

$69,900
0.21 AC lot

Residential city lot with utilities and road frontage.

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Master Planned Development Land
Master Planned Development Land

South Road, Marlborough, CT 06447

$7,750,000
426.50 AC lot

426.5-acre development site zoned multifamily, with prior approval for open space and an 18-hole golf course layout.

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Off-Market Properties in Portland, CT

Consider similar Off-Market properties in Portland, 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.

10 Riverside St
APARTMENT HOUSE (UNDER 5 UNITS)

10 Riverside St, Portland, CT 06480-1945

Estimated value:
$465,000
3,038 sqft 0.26 AC lot
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324 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

324 Main St, Portland, CT 06480-1589

Estimated value:
$495,000
3,184 sqft 0.51 AC lot
View details
553 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

553 Main St, Portland, CT 06480-1172

Estimated value:
$330,000
2,886 sqft 0.46 AC lot
View details
625 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

625 Main St, Portland, CT 06480-1174

Estimated value:
$470,000
4,615 sqft 0.58 AC lot
View details
16 Evergreen Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16 Evergreen Ave, Portland, CT 06480-1446

Estimated value:
$285,000
3,018 sqft 0.20 AC lot
View details
3 Quarry Ln
APARTMENT HOUSE (UNDER 5 UNITS)

3 Quarry Ln, Portland, CT 06480-4817

Estimated value:
$380,000
3,780 sqft 0.23 AC lot
View details
332 Main St
BOARDING/ROOMING HOUSE

332 Main St, Portland, CT 06480-1574

Estimated value:
$390,000
5,535 sqft 0.53 AC lot
View details
4 Waverly Ave
APARTMENT HOUSE (UNDER 5 UNITS)

4 Waverly Ave, Portland, CT 06480-1842

Estimated value:
$315,000
5,028 sqft 0.19 AC lot
View details
16 Coe Ave
APARTMENT HOUSE (UNDER 5 UNITS)

16 Coe Ave, Portland, CT 06480-1400

Estimated value:
$445,000
4,052 sqft 0.24 AC lot
View details
64 Marlborough St
APARTMENT HOUSE (UNDER 5 UNITS)

64 Marlborough St, Portland, CT 06480-4823

Estimated value:
$135,000
3,840 sqft 0.39 AC lot
View details
13 Fairview St
APARTMENT HOUSE (UNDER 5 UNITS)

13 Fairview St, Portland, CT 06480-1500

Estimated value:
$130,000
3,788 sqft 0.30 AC lot
View details
6 Spg St
APARTMENT HOUSE (UNDER 5 UNITS)

6 Spg St, Portland, CT 06480-1581

Estimated value:
$315,000
3,487 sqft 0.37 AC lot
View details
376 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

376 Main St, Portland, CT 06480-1583

Estimated value:
$295,000
3,627 sqft 0.41 AC lot
View details
392 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

392 Main St, Portland, CT 06480-1584

Estimated value:
$330,000
4,201 sqft 0.26 AC lot
View details
285 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

285 Main St, Portland, CT 06480-1800

Estimated value:
$300,000
3,625 sqft 0.29 AC lot
View details
24 Fairview St
APARTMENT HOUSE (UNDER 5 UNITS)

24 Fairview St, Portland, CT 06480-1580

Estimated value:
$290,000
3,556 sqft 0.43 AC lot
View details
608 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

608 Main St, Portland, CT 06480-1168

Estimated value:
$300,000
3,015 sqft 0.48 AC lot
View details
228 Main St
APARTMENT HOUSE (5+ UNITS)

228 Main St, Portland, CT 06480-1861

Estimated value:
$240,000
7,748 sqft 0.24 AC lot
View details
251 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

251 Main St, Portland, CT 06480-4829

Estimated value:
$300,000
4,088 sqft 0.23 AC lot
View details
380 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

380 Main St, Portland, CT 06480-1582

Estimated value:
$305,000
3,206 sqft 0.31 AC lot
View details
617 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

617 Main St, Portland, CT 06480-1173

Estimated value:
$350,000
4,018 sqft 0.41 AC lot
View details
15 Freestone Ave
APARTMENT HOUSE (UNDER 5 UNITS)

15 Freestone Ave, Portland, CT 06480-1817

Estimated value:
$285,000
2,880 sqft 0.62 AC lot
View details

Portland, CT Residential Income Properties Market Trends and Statistics

Explore 30 residential income properties for sale in Portland, CT on our real estate platform. These investment opportunities span a total of 5,732 square feet of properties for sale, with an estimated market value of $955,000.

Sale prices for residential income properties in Portland, CT average $477,500 — 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 2
Triplexes 1

Demographics Overview

Population 9,421
Population Growth (5Y) +0.6%
Median Household Income $118,955
College Educated 67.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
06480 $477.5K

Taxes & Financing

Tax Rate (average for all types) 3.25%
Property Tax per SF $51.51 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

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