Last Sold Price
4 beds2,891 sqft$135/sqft
4 Commerce St, Portland, CT 06480

Description

Welcome to 4 Commerce Street, a rare opportunity to own a beautifully updated and well-maintained 2-family home offering 2,475 square feet of living space, perfectly situated on a quarter-acre lot in the heart of Portland. This versatile property features two spacious 2-bedroom, 1-bathroom units, each with excellent floorplans and updated finishes. The lower-level unit also boasts an additional 416 sq ft of finished space in the basement along with an additional half bath - ideal for extra storage,...Welcome to 4 Commerce Street, a rare opportunity to own a beautifully updated and well-maintained 2-family home offering 2,475 square feet of living space, perfectly situated on a quarter-acre lot in the heart of Portland. This versatile property features two spacious 2-bedroom, 1-bathroom units, each with excellent floorplans and updated finishes. The lower-level unit also boasts an additional 416 sq ft of finished space in the basement along with an additional half bath - ideal for extra storage, recreation, or a home office. Lovingly cared for and owner-occupied by the same family for over 35 years, this home shines with pride of ownership. You'll love the large, fenced-in backyard complete with an above-ground pool, perfect for summer fun and entertaining. This home also has an oversized, heated one car garage, 2 separate driveways, and a brand new 35 year roof! Located in the B3 zone, this property offers exciting flexibility for potential commercial use or conversion to a single-family home-giving you options for investment, business, or multigenerational living. Enjoy the convenience of being just steps to shopping, dining, schools, and more in one of Portland's most walkable and desirable neighborhoods. With great mechanicals, thoughtful updates, and excellent long-term potential, this property is a smart addition to any portfolio or a fantastic place to call home.
LISTING CLOSED: 05/30/2025 12:00 AM

  1. Listed by Carl J Guild • Carl Guild & Associates
    P: (860) 813-2275 C: (860) 813-2275 carlguild@gmail.com

Property Details for 4 Commerce Street

Status
MLS #
24086286
Days on Market
7
Taxes
$5,436 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / 2 Family
Year Built
1948
Lot Size
0.25 AC / 10,890 SF
Basement Description
Full
Direct Waterfront
No
Garages Number
1
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Attached Garage
Swimming Pool
Yes

Recent comparable sales

Median sold price

$405,000

Avg days on market

19

Sale-to-list ratio

106.0%

Portland, CT

9 comparable properties found

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1

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Bedrooms
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Square Feet
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Acres
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Bedrooms
2,218
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Acres
$405,000 | 16 Waverly Avenue, Portland, CT 06480
3

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Bedrooms
1,584
Square Feet
0.25
Acres
$415,000 | 319 Main Street, Portland, CT 06480
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Square Feet
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Acres
$400,000 | 6 Russell Avenue, Portland, CT 06480
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$360,000 | 11 High Street, Portland, CT 06480
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Acres
$411,000 | 44 Belle Vista Heights, Portland, CT 06480
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Square Feet
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Acres
$310,000 | 83 Airline Avenue, Portland, CT 06480
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Bedrooms
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Square Feet
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Acres
$465,000 | 20 Rose Hill Road, Portland, CT 06480
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Sold 02/28/25

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Bedrooms
2,579
Square Feet
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Acres

Location

Add your commute

Building Information for 4 Commerce Street

Stories-Residences2Year Built1948Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$2,435 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,982

Property Taxes

$453

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4 Commerce Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Gildersleeve
  • High School: Portland
  • Latitude: 41.575014
  • Longitude: -72.640159
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $5,436
Interior and Exterior Features
Exterior Features
  • Pool Description: Above Ground Pool
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Pull-Down Stairs
  • Cooling System: Heat Pump
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 1
  • Rooms Total: 8
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1948
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 416
  • Living Area SQFT Per Public Records: 2475
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1033320
  • Sq Ft Est Heated Above Grade: 2475.0
  • Sq Ft Total: 2891.0
  • Zoning: B3
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil, Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 2
  • Total Rooms Multi Family: 8
Unit 1
  • Unit Average Sq Ft: 1140
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-07-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Owner
Unit 2
  • Unit Average Sq Ft: 1140
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 04-07-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Owner

Property History for 4 Commerce Street

DateEvent & SourcePriceAppreciation
Apr 25, 2025

Closed (Public Record)

Public Record #1558948339

$389,900
DateEvent & SourcePrice
04/25/2025

Closed (Public Record)

Public Record #1558948339

$389,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4 Commerce Street

Taxable ValueLand$46,550Additions$111,930Total$158,480
Tax Record2024$5,594 ($466 / month)
Home Facts
Baths2.5Total Finished SqFt2,475 SqFtAbove Grade Finished SqFt2,475 SqFtStories2Lot Size10,890 SqFtStyleDuplexYear Built1948Year Renovated1948ZoningB3CountyLOWER CONNECTICUT RIVERAPNPORT M:028 B:0032

Schools near 4 Commerce Street

This home is within Portland School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 6
Public - 7 to 8
Rating
School
Distance
Valley View School
PublicPK to 1

Gildersleeve School
Public2 to 4

Brownstone Intermediate School
Public5 to 6

Portland Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4 Commerce Street, Portland, CT 06480
$389,900
4
2,891
10,890
$113,050
3,896
11,761
$365,000
4
2,091
11,761
$125,000
1,412
$215,000
5,064
$113,050
2
1,048

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Carl Guild & Associates, Carl J Guild

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.