Under contract

Price cut: $39K (5/26)

$850,000

18 South Main Street, New Milford, CT 06776

10beds

4,895sqft

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Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$174/sqft

$-- HOA

What's special

Low-maintenance groundsOne level lotTwo separate multi-family dwellings

Rare investment opportunity featuring two separate multi-family dwellings on one level lot, offering a total of four units. Three of the units have been fully renovated and are currently leased, providing immediate and stable cash flow from day one. The property layout offers strong tenant appeal with easy access and low-maintenance grounds. With one unit unoccupied, there is clear value-add potential through renovation or rent optimization or the opportunity to move in and occupy Unit A while the other tenants help cover the mortgage. Projected rents reach $8,550/month once Unit A is leased at market rents, making this an ideal opportunity for investors or owner-occupants seeking a turnkey asset with upside in a unique configuration.

75 days

149

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6
Full bathrooms: 6

Heating

Radiator, Oil

Cooling

None

Appliances

Included: Water Heater

Features

Basement: Full,Unfinished
Attic: None
Has fireplace: No

Interior area

Total structure area: 4,895
Total interior livable area: 4,895 sqft
Finished area above ground: 4,895

Property

Lot

Size: 0.32 Acres
Features: Level

Details

Parcel number: 1871855
Zoning: R82

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors,Units are Side-by-Side
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Block
Roof: Asphalt

Condition

New construction: No
Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: New Milford

Financial & listing details

Price per square foot: $174/sqft
Tax assessed value: $352,570
Annual tax amount: $11,166
Date on market: 4/21/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,310/mo

Price history

Date	Event	Price
6/10/2026	Pending sale	$850,000$174/sqft
Source: Smart MLS #24168656 Report a problem
5/26/2026	Price change	$850,000-4.4%$174/sqft
Source: Smart MLS #24168656 Report a problem
5/18/2026	Pending sale	$889,000$182/sqft
Source: Smart MLS #24168656 Report a problem
4/21/2026	Listed for sale	$889,000+56%$182/sqft
Source: Smart MLS #24168656 Report a problem
4/28/2025	Sold	$570,000$116/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,089 +5.6%	$350,140 -0.7%
2024	$10,496 +2.7%	$352,570
2023	$10,217 +2.2%	$352,570
2022	$9,995 +1.4%	$352,570
2021	$9,861 -1.8%	$352,570 +0.7%
2020	$10,042 -0.1%	$350,140
2019	$10,049 +1.9%	$350,140
2018	$9,863 +3.4%	$350,140
2017	$9,541 +1.8%	$350,140
2016	$9,373 -4.1%	$350,140 -4.2%
2015	$9,773	$365,330

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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