480 Main St

Middletown, CT 06457

$1,450,000
Price
8
Beds
13,837 Sq. Ft.
$105 / Sq. Ft.
13,837
Sq. Ft.
$105
per Sq. Ft.

Description

Welcome to Main St in Middletown! This 10 Unit mixed use brick beauty is anchored by 2 established commercial tenants on the ground level and 8 massive (900+Sq Ft) one-bedroom residential units above- an incredible opportunity for a stabilized asset with additional room for growth in a highly competitive location and market! The long-term ground-floor commercial tenants provide reliable income and contribute substantial CAM payments, ensuring manageable operating expenses for ownership. Seven of...Welcome to Main St in Middletown! This 10 Unit mixed use brick beauty is anchored by 2 established commercial tenants on the ground level and 8 massive (900+Sq Ft) one-bedroom residential units above- an incredible opportunity for a stabilized asset with additional room for growth in a highly competitive location and market! The long-term ground-floor commercial tenants provide reliable income and contribute substantial CAM payments, ensuring manageable operating expenses for ownership. Seven of the eight residential units have been modernized in recent years, with all tenants responsible for electric and hot water, maximizing net income. Significant value-add opportunity exists as current rents remain below market despite recent renovations. Multiple near-term lease expirations combined with strong comparable rents throughout the neighborhood support immediate, achievable income growth for a new owner! This asset is ideal for an investor seeking a stabilized mixed-use building with reliable income and a clear potential for growth and appreciation in a high-demand market.
  1. Listed by Lindy Hoyt • Century 21 AllPoints Realty
    P: (860)-539-2730 C: (860)-539-2730 lindy.cozziteam@gmail.com
  2. Listed by Lisa Cozzi • Century 21 AllPoints Realty
    P: (860)-263-2121 C: (860)-508-2102 lisacozzi@lisacozziteam.com

Property Details for 480 Main Street

Basement Description
Full, Dirt Floor
Direct Waterfront
No
Neighborhood
N/A
Style
Other
Swimming Pool
No
LISTING UPDATED: 02/13/2026 07:28 PM

Property Details for 480 Main Street

StatusActive
MLS #24154266
Days on Market6
Taxes$18,591 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1917
Lot Size0.11 AC / 4,791 SF
CountyMiddlesex County

Location

Listing Courtesy of Century 21 AllPoints Realty, Lindy Hoyt; Century 21 AllPoints Realty, Lisa Cozzi
Add your commute

Building Information for 480 Main Street

Stories-Residences10Year Built1917Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$8,616 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,067

Property Taxes

$1,549

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 480 Main Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS FRIENDLY
  • Elementary School: Per Board of Ed
  • High School: Middletown
  • Latitude: 41.562801
  • Longitude: -72.650769
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $18,591
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Steam
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 34
Room 5
  • Listing Key: 4AB9C6B9E2594E61E0631A01100A8A17
Room 9
  • Listing Key: 4AB9C6B9E2594E61E0631A01100A8A17
Property
Property and Assessments
  • Color: brick
  • Construction Description: Masonry
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Flat
  • Year Built: 1917
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 13837
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1007661
  • Sq Ft Est Heated Above Grade: 13837.0
  • Sq Ft Total: 13837.0
  • Zoning: B-1
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Upright Tank, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 10
  • Total Rooms Multi Family: 34
Unit 1
  • Lease: Leased
  • Lease Expires: 09-30-2026
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $1,130
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 06-30-2026
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $1,150
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Lease Expires: 03-31-2026
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $925
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 11-30-2026
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $687
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Leased
  • Unit Average Sq Ft: 3100
  • Unit Entry Order: 10
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $2,315
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Leased
  • Lease Expires: 03-31-2026
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 9
  • Lease: Leased
  • Lease Expires: 03-31-2026
  • Unit Appliances: Electric Cooktop,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $925
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 10
  • Lease: Leased
  • Unit Average Sq Ft: 1100
  • Unit Entry Order: 9
  • Unit Full Baths: 1
  • Unit Modified Date: 02-13-2026
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant

Property History for 480 Main Street

DateEvent & SourcePriceAppreciation
Jan 29, 2019

Closed (Public Record)

Public Record #639122659

$725,000—
DateEvent & SourcePrice
01/29/2019

Closed (Public Record)

Public Record #639122659

$725,000

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

Public Records for 480 Main Street

Taxable ValueLand$162,610Additions$315,300Total$477,910
Tax Record2023$17,587 ($1,466 / month)
Home Facts
Total Finished SqFt13,837 SqFtAbove Grade Finished SqFt13,837 SqFtStories3Lot Size4,792 SqFtStyleMiscellaneous CommercialYear Built1917ZoningB-1CountyMIDDLESEXAPNMTWN M:22 L:0561

Schools near 480 Main Street

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Farm Hill School
Public - K to 5
Beman Middle School
Public - 6 to 8
Middletown High School
Public - 9 to 12
Icm - Spencer
Public - 3 to 5
Rating
School
Distance
Farm Hill School
PublicK to 5

Beman Middle School
Public6 to 8

Middletown High School
Public9 to 12

Icm - Spencer
Public3 to 5

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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More information about 480 Main Street, Middletown, CT 06457

480 Main Street is a multi-family home for sale in Middletown, CT 06457. This property was listed for sale on February 12, 2026 by Century 21 AllPoints Realty, it's currently listed at $1,450,000. It has been on the market for a total of 6 days and was last sold on January 29, 2019. This listing's school district is Middletown School District. Nearby schools include Farm Hill School, Beman Middle School and Middletown High School. 480 Main Street is a 8-bed, 10-bath, 13,837 sqft multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 AllPoints Realty, Lindy Hoyt; Century 21 AllPoints Realty, Lisa Cozzi

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.