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480 Main Street, Middletown, CT 06457

Multi-Family For Sale · 5 Family+

$1,450,000
$105/sqft

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8
Bedrooms
10
Bathrooms
13,837
Sq Ft
0.11
Acres
1917
Year Built

About This Home

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.

Listed by Lindy Hoyt (860) 539-2730 with Century 21 AllPoints Realty (860) 263-2121

Listing Snapshot

Price $1,450,000 Days on Market 35 days
Property Tax $18,591/yr Style Other
Year Built 1917 Total Sq Ft 13,837
Lot Size 0.11 acres HOA Fees N/A
Bedrooms 8 Full Bathrooms 10
Total Rooms 34 Half Baths 0

Structure & Parking

Construction Masonry
Roof Flat

Systems & Utilities

Heat Steam
Fuel Oil
Cooling Window Unit
Hot Water Upright Tank, 40 Gallon Tank
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High Middletown

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $1,549/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Feb 12, 2026 Listed $1,450,000

Frequently Asked Questions

How much does 480 Main Street in Middletown, CT cost?
This property is listed at $1,450,000, which works out to $105 per square foot.
How many bedrooms does 480 Main Street have?
This home has 8 bedrooms and 10 bathrooms.
What is the square footage of 480 Main Street?
The home is 13,837 square feet, situated on 0.11 acres.
When was 480 Main Street in Middletown built?
This property was built in 1917.
Is 480 Main Street, Middletown, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 480 Main Street, Middletown in?
This home is served by the Middletown public school system, with Per Board of Ed as the elementary school and Middletown as the high school.
How do I schedule a tour of 480 Main Street, Middletown, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Lindy Hoyt · (860) 539-2730

Century 21 AllPoints Realty · (860) 263-2121

MLS# 24154266 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Mar 10, 2026 11:47 PM UTC