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Pending
    • $285,000

    2 Valley St, Norwich, CT 06360

    5beds
    1,626sqft
    : 
    $2,168/mo
    Get pre-qualified
    MultiFamily
    Built in 1884
    -- sqft lot
    $308,500 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Large storage shedFire pitBasketball courtPartially finished basementFully fenced in backyardPatio area
    Great investment opportunity. This 2 family home also has a partially finished basement that is currently being rented out, creating strong monthly cash flow potential. I’m only selling because I’m leaving the country. Current rental income: Basement unit: $1,000/month with utilities included. Second floor 2 bedroom: $1,200/month with separate utilities. I was considering renting out the 3 bedroom apartment for $1,800/month, which would bring total monthly rental income to approximately $4,000 per month. The property is in decent condition and has had major updates already completed. The entire sewer line was replaced 2 years ago. Basement stays dry with no water issues. Which is hard to find in the Norwich area. Outside features include a fully fenced in backyard with a fire pit, patio area, basketball court, and a large storage shed. Perfect for an investor looking for cash flow or for an owner occupant who wants tenants helping cover the mortgage while living for free. Home could use a little tlc being sold as is. More photos will be added soon.
    What the owner loves about this home
    Large femced in back yard.
    94 days
    |
    45
    |
    1
    |
    Listed by:

    Property Owner (860) 961-9981

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced air, Other, Gas, Wood / Pellet
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Linoleum / Vinyl
      • Basement: Partially finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,626 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off-street
      Features
      • Exterior features: Other, Metal
      • Has view: Yes
      • View description: None
      Lot
      • Size: 10,018 Square Feet
      Details
      • Parcel number: NORWM94B5L35

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1884

      Community & HOA

      Location
      • Region: Norwich

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $119,000
      • Annual tax amount: $4,816
      • Date on market: 5/20/2026

        Estimated market value

        $308,500

        $293,000 - $324,000

        $2,037/mo

        Price history

        DateEventPrice
        7/2/2026Sold$300,000+5.3%$185/sqft
        Source: Public Record Report a problem
        5/28/2026Pending sale$285,000$175/sqft
        Source: Owner Report a problem
        5/20/2026Listed for sale$285,000+100.7%$175/sqft
        Source: Owner Report a problem
        1/7/2009Sold$142,000$87/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,816 +5.9%$119,000
        2024$4,546 +21.2%$119,000 +53.7%
        2023$3,750 -0.1%$77,400
        2022$3,752 -0.3%$77,400
        2021$3,765 +0.3%$77,400
        2020$3,752 +1%$77,400
        2019$3,714 +2.7%$77,400 +3.6%
        2018$3,615 -0.7%$74,700
        2017$3,641 +1.4%$74,700
        2015$3,590 +4.6%$74,700
        2014$3,431 -17.6%$74,700 -42.1%
        2013$4,163 +3.8%$129,000
        2012$4,012 +7.9%$129,000
        2011$3,719 +2.9%$129,000
        2010$3,615 +3.4%$129,000
        2009$3,497 +40.4%$129,000 +53.6%
        2008$2,491 -11%$84,000
        2007$2,799 +4.1%$84,000
        2006$2,690 +4.1%$84,000
        2005$2,583 +29.1%$84,000 +76.8%
        2003$2,000 +23.1%$47,500
        2001$1,625 $47,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 06360

        Getting around

        53 / 100
        Somewhat Walkable
        31 / 100
        Some Transit
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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