13,837 Sq. Ft.
$94 / Sq. Ft.
13,837
Sq. Ft.
$94
per Sq. Ft.

Description

Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping...Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown
  1. Listed by Lindy Hoyt • Century 21 AllPoints Realty
    P: (860)-539-2730 C: (860)-539-2730 lindy.cozziteam@gmail.com

Property Details for 480 Main Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Swimming Pool
No
LISTING UPDATED: 06/15/2026 09:58 PM

Property Details for 480 Main Street

StatusActive
MLS #24182655
Days on Market1
Taxes$18,600 / year
HOA Fees-
Condo/Co-op Fees-
Property 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
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Building Information for 480 Main Street

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

Payment Calculator

$8,028 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,478

Property Taxes

$1,550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 480 Main Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.562801
  • Longitude: -72.650769
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $18,600
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Steam
  • Attic YN: No
  • Laundry Room Info: None
  • Rooms Total: 31
Room 5
  • Listing Key: 53DA6D1E31E348A0E063E201100A9AF5
Room 9
  • Listing Key: 53DA6D1E31E348A0E063E201100A9AF5
Property
Property and Assessments
  • Construction Description: Brick
  • 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
  • Sq Ft Description: Total
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: Domestic
  • 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: 31
Unit 1
  • Lease: Leased
  • Lease Expires: 03-31-2026
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 09-30-2026
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,130
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $875
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 4
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $925
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 05-31-2027
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 10
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Unit Average Sq Ft: 1100
  • Unit Entry Order: 2
  • Unit Half Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Leased
  • Lease Expires: 06-30-2026
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,150
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Leased
  • Lease Expires: 09-30-2026
  • Unit Average Sq Ft: 3100
  • Unit Entry Order: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $2,315
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 9
  • Lease: Leased
  • Lease Expires: 04-30-2027
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 10
  • Lease: Leased
  • Lease Expires: 11-30-2026
  • Unit Appliances: Electric Cooktop,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 9
  • Unit Full Baths: 1
  • Unit Modified Date: 06-15-2026
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 480 Main Street

DateEvent & SourcePriceAppreciation
Jan 29, 2019

Closed (Public Record)

Public Record #639122659

$725,000—
Jan 29, 2019

Closed (Public Record)

Public Record #1308737407

$725,000

+6.7% / yr

Mar 11, 1997

Closed (Public Record)

Public Record #92073243

$175,000—
DateEvent & SourcePrice
01/29/2019

Closed (Public Record)

Public Record #639122659

$725,000
01/29/2019

Closed (Public Record)

Public Record #1308737407

$725,000

+6.7% / yr

03/11/1997

Closed (Public Record)

Public Record #92073243

$175,000

For completeness, we 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 Record2024$18,591 ($1,549 / month)
Home Facts
Total Finished SqFt13,837 SqFtAbove Grade Finished SqFt13,837 SqFtStories3Lot Size4,792 SqFtStyleMiscellaneous CommercialYear Built1917ZoningB-1CountyLOWER CONNECTICUT RIVERAPNMTWN M:22 L:0561

Schools near 480 Main Street

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Farm Hill School
PublicPK to 5

Beman Middle School
Public6 to 8

Middletown High School
Public9 to 12

ICM-Wesley
Public1 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.

Similar Homes

480 Main Street is a multi-family home for sale in Middletown, CT 06457. 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 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 Century 21 AllPoints Realty, Lindy Hoyt

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.