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Sold for $525,000
  • $525,000

    209 Pequot Avenue, New London, CT 06320

    6beds
    2,190sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $556,500 Zestimate®
    $240/sqft
    $2,148 Estimated rent

    Home value

    $556,500

    Estimated sales range

    Not available

    $2,148/mo

    Zestimate® history
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    What's special

    Classic stone fireplaceBeautiful front porchExceptional water viewsDetached five-car garageHardwood flooringFour bedroomsTwo bedrooms
    Exceptional investment opportunity in a prime New London location-this well-maintained, income-producing two-family home offers strong rental potential, a partially finished basement apartment, and significant recent upgrades including new electrical throughout and brand-new boilers. The spacious first-floor unit features four bedrooms and three full bathrooms, hardwood flooring, a classic stone fireplace, and a large living room filled with natural light. Tenants will enjoy access to a beautiful front porch offering exceptional water views-an appealing feature for long-term or short-term renters. The second-floor unit includes two bedrooms, one bathroom, another stone fireplace, and hardwood floors throughout, providing a warm and comfortable living space. The lower level includes a partially finished apartment, presenting additional income potential or flexibility for extended tenant use. Situated on a generous 0.40-acre lot, the property includes an antique potting shed and a detached five-car garage-ideal for tenant storage, workshop space, or additional rental income. Location, versatility, and key mechanical upgrades, this multi-family property is a valuable addition to any investor's portfolio. Don't miss this outstanding opportunity. Proximity to key institutions such as the U.S. Coast Guard Academy, Connecticut College, and Pfizer supports consistent occupancy and long-term investment stability.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jayson G. Kemp 860-573-0277,

    Five Stars Realty 860-560-1500,

    Maria Pirulli 860-306-0010,

    Five Stars Realty

    Bought with:

    Melissa DiPiazza, RES.0816056

    RE/MAX One

    Source: Smart MLS,MLS#: 24100879MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Tankless Water Heater
    Features
    • Basement: Full,Unfinished
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 2,190
    • Total interior livable area: 2,190 sqft
    • Finished area above ground: 2,190

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Off Street
    • Garage spaces: 5
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Ocean Front, Walk to Water
    Lot
    • Size: 0.40 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 1997867
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Basketball Court, Near Public Transport, Golf, Health Club, Medical Facilities, Park, Shopping/Mall
    Location
    • Region: New London

    Price history

    DateEventPrice
    9/30/2025Sold$525,000-12.5%$240/sqft
    Source: Smart MLS #24100879 Report a problem
    8/6/2025Pending sale$599,925$274/sqft
    Source: Smart MLS #24100879 Report a problem
    6/3/2025Listed for sale$599,925+9.1%$274/sqft
    Source: Smart MLS #24100879 Report a problem
    4/8/2025Listing removed$549,925$251/sqft
    Source: Smart MLS #24071908 Report a problem
    1/31/2025Listed for sale$549,925+22.2%$251/sqft
    Source: Smart MLS #24071908 Report a problem
    4/2/2024Sold$450,000-24.4%$205/sqft
    Source: Smart MLS #170614434 Report a problem
    3/19/2024Listing removed--
    Source: Smart MLS #24001989 Report a problem
    3/7/2024Listed for rent$2,900+28.9%$1/sqft
    Source: Smart MLS #24001989 Report a problem
    12/11/2023Listed for sale$595,000+176.7%$272/sqft
    Source: Smart MLS #170614434 Report a problem
    11/29/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    11/16/2022Price change$2,250-15.1%$1/sqft
    Source: Zillow Rental Network Premium #170517474 Report a problem
    10/30/2022Price change$2,650-10.2%$1/sqft
    Source: Zillow Rental Network Premium #170517474 Report a problem
    9/12/2022Price change$2,950-7.8%$1/sqft
    Source: Zillow Rental Network Premium #170517474 Report a problem
    8/18/2022Listed for rent$3,200+64.1%$1/sqft
    Source: Zillow Rental Network Premium #170517474 Report a problem
    7/24/2020Listing removed$1,950$1/sqft
    Source: Russ Real Estate #170287071 Report a problem
    5/25/2020Price change$1,950-23.5%$1/sqft
    Source: Russ Real Estate #170287071 Report a problem
    4/8/2020Listed for rent$2,550$1/sqft
    Source: Russ Real Estate #170287071 Report a problem
    11/22/2017Sold$215,000-10.4%$98/sqft
    Source: Smart MLS #E10210766 Report a problem
    7/11/2017Listing removed$239,900$110/sqft
    Source: Heritage Properties SPC #E10210766 Report a problem
    6/27/2017Price change$239,900-4%$110/sqft
    Source: Heritage Properties SPC #E10210766 Report a problem
    5/20/2017Listed for sale$249,9000%$114/sqft
    Source: Heritage Properties SPC #E10210766 Report a problem
    8/25/2014Listing removed$249,995$114/sqft
    Source: Stebbins Buyers & Sellers Realty #E275249 Report a problem
    4/21/2014Listed for sale$249,995-3.8%$114/sqft
    Source: Assist 2 Sell/Stebbins Buyer & Sellers Realty #E275249 Report a problem
    9/19/2011Listing removed$259,995$119/sqft
    Source: Edward Stebbins #E249130 Report a problem
    8/4/2011Listed for sale$259,995$119/sqft
    Source: Edward Stebbins #E249130 Report a problem
    8/2/2011Pending sale$259,995$119/sqft
    Source: Edward Stebbins #E249130 Report a problem
    7/26/2011Price change$259,995-1.9%$119/sqft
    Source: Stebbins Real Estate & Appraisal Co., LLC #E249130 Report a problem
    7/7/2011Listed for sale$264,995+32.6%$121/sqft
    Source: Edward Stebbins #E249130 Report a problem
    7/23/2002Sold$199,900$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,777 -1.1%$322,700
    2024$8,874 +17.5%$322,700 +59.1%
    2023$7,555 -0.2%$202,860
    2022$7,569 -1.7%$202,860
    2021$7,699 -0.6%$202,860
    2020$7,747 -4.3%$202,860
    2019$8,094 -0.8%$202,860 +8.8%
    2018$8,157 -1.2%$186,480
    2017$8,254 +9.4%$186,480
    2016$7,545 +2.5%$186,480
    2015$7,364 +15.2%$186,480
    2014$6,391 -15.4%$186,480 -32.1%
    2013$7,550 +8.6%$274,540
    2012$6,949 $274,540
    2011$6,949 $274,540
    2010$6,949 -0.7%$274,540
    2009$6,998 +9%$274,540 +32.1%
    2008$6,418 +1.5%$207,760
    2007$6,326 +1.7%$207,760
    2006$6,218 +18.4%$207,760 +13.2%
    2005$5,253 +7.4%$183,610
    2004$4,893 -46.7%$183,610 -29.2%
    2003$9,179 +145.6%$259,280 +128.9%
    2001$3,738 $113,260

    Find assessor info on the county website

    Neighborhood: 06320

    Nearby schools

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