Turnkey multifamily for owner occupied or investment opportunity in a desirable Middletown location! This fully remodeled property offers strong income potential with updated units featuring modern kitchens, renovated bathrooms, new flooring, and contemporary finishes throughout. The building has been well maintained and provides an excellent opportunity for investors seeking a low-maintenance asset with immediate cash flow. Conveniently located near downtown Middletown, shopping, restaurants, schools, parks, and major highways, making it attractive to tenants and ensuring long-term rental demand. Whether you're expanding your portfolio or acquiring your first investment property, this move-in-ready multifamily is an opportunity you won't want to miss. Being SOLD AS-IS.
Under contract
Price cut: $10K (8/11)
$410,000
163 Pearl Street, Middletown, CT 06457
6beds
2,982sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
- 101 days
- 66
- 3
Zillow last checked:
Listing updated:
Listed by:
Amiyra Beauduy (203)570-8857,
Century 21 Scala Group 203-374-9451
Source: Smart MLS,MLS#: 24188066
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiator, Gas In Street
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: In Unit
Features
- Basement: Full,Unfinished
- Attic: Finished,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,982
- Total interior livable area: 2,982 sqft
- Finished area above ground: 2,982
Property
Parking
- Total spaces: 3
- Parking features: Detached, Paved, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 3,920 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1003738
- Zoning: MXR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Basketball Court, Health Club, Library, Park, Near Public Transport, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $218,830
- Annual tax amount: $8,928
- Date on market: 7/1/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Pending sale | $410,000$137/sqft |
Source: | ||
| 8/11/2026 | Price change | $410,000-2.4%$137/sqft |
Source: | ||
| 7/28/2026 | Pending sale | $420,000$141/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $420,000+133.3%$141/sqft |
Source: | ||
| 2/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/9/2023 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/1/2021 | Sold | $180,000-10%$60/sqft |
Source: Public Record Report a problem | ||
| 4/2/2015 | Listing removed | $199,900$67/sqft |
Source: William Raveis Real Estate #G10006991 Report a problem | ||
| 12/1/2014 | Listed for sale | $199,900+67.5%$67/sqft |
Source: William Raveis Real Estate #G10006991 Report a problem | ||
| 9/23/2009 | Sold | $119,310-2.4%$40/sqft |
Source: | ||
| 8/16/2009 | Price change | $122,300-5%$41/sqft |
Source: Calcagni Associates #N292926 Report a problem | ||
| 7/30/2009 | Listed for sale | $128,700-2.9%$43/sqft |
Source: Calcagni Associates #N292926 Report a problem | ||
| 12/28/2001 | Sold | $132,500$44/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,512 +5.7% | $218,830 |
| 2024 | $8,053 +4.8% | $218,830 |
| 2023 | $7,681 +24.6% | $218,830 +56.2% |
| 2022 | $6,163 | $140,070 |
| 2021 | $6,163 -0.5% | $140,070 |
| 2020 | $6,191 -0.5% | $140,070 |
| 2019 | $6,219 +1.6% | $140,070 |
| 2018 | $6,121 -6.1% | $140,070 -8.9% |
| 2017 | $6,519 +7.1% | $153,750 |
| 2015 | $6,089 -1% | $153,750 |
| 2014 | $6,150 +5.7% | $153,750 -10.7% |
| 2013 | $5,818 +3.4% | $172,140 |
| 2012 | $5,629 +3.5% | $172,140 |
| 2011 | $5,440 -0.9% | $172,140 |
| 2010 | $5,491 +4.6% | $172,140 |
| 2009 | $5,250 +19.6% | $172,140 |
| 2008 | $4,390 +0.6% | $172,140 +50.7% |
| 2007 | $4,363 +1.3% | $114,220 |
| 2006 | $4,306 +5.6% | $114,220 |
| 2005 | $4,078 +6.3% | $114,220 |
| 2004 | $3,838 +2.5% | $114,220 |
| 2003 | $3,746 | $114,220 |
Find assessor info on the county website
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