Residential Income

Waterford, CT Residential Income Properties for Sale

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New London, CT Niantic, CT East Lyme, CT Groton, CT Quaker Hill, CT Ledyard, CT Old Lyme, CT Montville, CT
Duplex with Water Views
Updated: May 28
Duplex with Water Views

23 Ridgewood Avenue, Waterford, CT 06385

$599,900
1,680 sqft 0.16 AC lot
Two‑unit duplex with 3‑bedroom first‑floor and 2‑bedroom second‑floor apartments
1,680 square feet on a 0.16‑acre lot; built in 1900
Waterviews from the home's right side and second‑floor living room
Within walking distance of Ocean Beach and Waterford Beach
Updates include siding, roofing, boiler, second‑floor kitchen and bath, and flooring
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Waterfront Multi-Family Compound
Updated: Jul 24
Waterfront Multi-Family Compound

61 & 63 Oswegatchie Road, Waterford, CT 06385

$1,700,000
3,025 sqft 1.36 AC lot
Sold with two separate lots totaling 1.13 acres, with approx. 100 ft of road frontage and 204 ft of direct Niantic River frontage
Four stand‑alone buildings sold together, including a main home plus two seasonal cottages and an additional 2‑bedroom home
Main home includes 2 bedrooms, front‑to‑back living room with stone fireplace, walk‑out basement, and under‑house garage
Unfinished walk‑up second floor in the main home offers expansion potential
Seasonal cottages feature enclosed front porches and stone fireplaces (one 2‑bedroom, one 1‑bedroom)
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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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Two-Family Waterview Home
Two-Family Waterview Home

23 Ridgewood Avenue, Waterford, CT 06385

$599,900
1,680 sqft

A flexible two-unit property near Ocean and Waterford Beach with waterviews and recent updates for owner-occupants or investors.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Waterford, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Three-Floor Apartment Boarding House
Three-Floor Apartment Boarding House

35 Linden Street, New London, CT 06320

$675,000
4,220 sqft 0.11 AC lot

R-2 zoning three-floor boarding house with 15 rental rooms, each floor with its own kitchen, bath, heating, and electrical panel.

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Duplex With Tandem Garage
Duplex With Tandem Garage

35 Moore Avenue, New London, CT 06320

$479,900
2,420 sqft

Two-unit residential property with updated interiors, separate utilities, basement storage, and covered porch space.

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Side-by-Side Duplex with Garage
Side-by-Side Duplex with Garage

11 Colver Street, New London, CT 06320

$399,900
2,132 sqft 0.14 AC lot

Fully occupied two-unit property with separate living areas, private laundry hookups, finished basement space, and a detached garage.

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Three-Floor Apartment Boarding House
Three-Floor Apartment Boarding House

35 Linden St, New London, CT 06320

$675,000

Three floors with five rental rooms per level, each with a kitchen, full bath, and separate utility systems.

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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.

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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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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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.

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Expansive Land in Montville, CT
Expansive Land in Montville, CT

320 Maple Avenue, Montville, CT 06382

$297,000
55.85 AC lot

55+ acre land parcel in a peaceful, convenient location.

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Off-Market Properties in Waterford, CT

Consider similar Off-Market properties in Waterford, 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.

52 Daniels Ave
APARTMENT HOUSE (UNDER 5 UNITS)

52 Daniels Ave, Waterford, CT 06385-2628

$260,000
Estimated value
4,220 sqft 0.73 AC lot
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95 Clark Ln
APARTMENT HOUSE (UNDER 5 UNITS)

95 Clark Ln, Waterford, CT 06385-2131

$3,540,000
Estimated value
43,182 sqft 6.06 AC lot
View details

Waterford, CT Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Waterford, CT, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,410 square feet of properties for sale, with an estimated market value of $4,599,800.

Sale prices for residential income properties in Waterford, CT start at $599,900, averaging $1,149,950, and reaching up to $1,700,000 — 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 3
Duplexes 2
Quadplexes 1
Single family properties 1

Demographics Overview

Population 16K
Population Growth (5Y) +3.5%
Median Household Income $110,375
College Educated 29.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
06385 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.12%
Property Tax per SF $32.28 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 Waterford fall within the 100,000+ square foot range.

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