Fully renovated 2-family in a prime Pawcatuck/Stonington location-perfect for both investors and owner-occupants. Each unit offers updated finishes, modern flooring, and a clean, move-in-ready feel throughout. The property has been thoughtfully improved, making it a low-maintenance asset with strong rental potential. Ideal setup for house hacking-live in one unit and offset your mortgage with rental income, or add a turnkey multi-family to your portfolio. Conveniently located near downtown Westerly, shopping, restaurants, and major routes, offering easy access to both Connecticut and Rhode Island amenities. Strong upside with market rents and minimal immediate capital needed. A rare opportunity to secure a renovated multi-family in a desirable shoreline market.
Sold for $515,000
$515,000
1 Palmer Street, Stonington, CT 06379
5beds
1,596sqft
Multi Family
Built in 1900
-- sqft lot
$513,000 Zestimate®
$323/sqft
$2,243 Estimated rent
Home value
$513,000
$472,000 - $559,000
$2,243/mo
Zestimate® history
Owner options
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$2,243/mo
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$2,243/mo
Rent Zestimate®
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$3,471/mo
Est. payment
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$3,471/mo
Est. payment
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List your homeWhat's special
Modern flooringUpdated finishesClean move-in-ready feel
Zillow last checked:
Listing updated:
Listed by:
Shay Hugo Vaezzadeh (225)288-4109,
Oxford Realty 203-314-4219
Bought with:
Greg J. Garrison, RES.0831611
RE/MAX One
Source: Smart MLS,MLS#: 24164343
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
Interior area
- Total structure area: 1,596
- Total interior livable area: 1,596 sqft
- Finished area above ground: 1,596
Property
Lot
- Size: 6,534 sqft
Details
- Parcel number: 999999999
- Zoning: Per Town
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Pawcatuck
- Subdivision: Pawcatuck
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Sold | $515,000-6.4%$323/sqft |
Source:  Smart MLS #24164343 Report a problem | ||
| 6/22/2026 | Pending sale | $550,000$345/sqft |
Source: Smart MLS #24164343 Report a problem | ||
| 4/3/2026 | Listed for sale | $550,000+55%$345/sqft |
Source: Smart MLS #24164343 Report a problem | ||
| 10/16/2025 | Listing removed | $354,900$222/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 9/3/2025 | Price change | $354,900-1.4%$222/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 8/21/2025 | Price change | $359,900-2.7%$226/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 8/6/2025 | Price change | $369,900-2.6%$232/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 7/30/2025 | Price change | $379,900-2.6%$238/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 7/21/2025 | Price change | $389,900-4.7%$244/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 4/24/2025 | Price change | $409,000-6.8%$256/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 4/16/2025 | Listed for sale | $439,000+46.3%$275/sqft |
Source: Smart MLS #24088453 Report a problem | ||
| 3/27/2025 | Sold | $300,000+115.8%$188/sqft |
Source: Public Record Report a problem | ||
| 1/16/2002 | Sold | $139,000-47.5%$87/sqft |
Source: Smart MLS #E122551 Report a problem | ||
| 1/22/1999 | Sold | $265,000-68.8%$166/sqft |
Source: Public Record Report a problem | ||
| 8/25/1988 | Sold | $850,000$533/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,159 +4.4% | $158,900 |
| 2024 | $3,027 | $158,900 |
| 2023 | $3,027 +16.2% | $158,900 +56.2% |
| 2022 | $2,605 -0.2% | $101,700 |
| 2021 | $2,609 +3.8% | $101,700 +1.8% |
| 2020 | $2,513 +0.2% | $99,900 |
| 2019 | $2,508 +3.5% | $99,900 |
| 2018 | $2,424 +10.1% | $99,900 +11.7% |
| 2017 | $2,201 +2.8% | $89,400 |
| 2016 | $2,141 +6.5% | $89,400 |
| 2015 | $2,010 | $89,400 |
Find assessor info on the county website
Neighborhood: Pawcatuck
Nearby schools
GreatSchools rating
- 7/10West Vine Street SchoolGrades: PK-5Distance: 1 mi
- 7/10Stonington Middle SchoolGrades: 6-8Distance: 5.8 mi
- 7/10Stonington High SchoolGrades: 9-12Distance: 1.4 mi
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$513,000
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- Connecticut
- New London County
- Stonington
- 06379
- Pawcatuck
- 1 Palmer Street
Nearby cities
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