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For sale
  • $579,900

    225 Pearl Street, Middletown, CT 06457

    6beds
    2,991sqft
    : 
    $4,252/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $572,800 Zestimate®
    $194/sqft
    $-- HOA

    What's special

    Private outdoor spacesAdditional off-street parking
    Group showing Sunday, 10/18, 12 noon! Fantastic investment opportunity just minutes from Downtown Middletown! This beautifully maintained three-family property offers a great combination of location, condition, and long-term investment potential. All three units offer two large bedrooms. Each unit also enjoys its own private porch or balcony, giving tenants valuable outdoor space. This property has been well cared for with significant updates throughout, including impeccably updated mechanicals, helping take some of the worry out of owning a multifamily property. A three-car detached garage in the rear adds even more value, along with additional off-street parking. Located on a quiet, desirable street close to Downtown Middletown, the property offers easy access to restaurants, shopping, Wesleyan University, major routes, and everything the downtown area has to offer. Whether you're looking to add a solid three-family to your investment portfolio or live in one unit while collecting rent from the other two, this is the type of multifamily property that is getting harder to find. Great location, private outdoor spaces, garage, strong updates, and three income-producing units all in one property. Don't wait on this one-schedule a showing and see the opportunity for yourself!
    29 days
    302
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Lorenzetti (860)335-0681,

    Premier Re Group LLC 860-335-0681

    Source: Smart MLS,MLS#: 24208519MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Hot Water, Oil
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Electric Water Heater, Water Heater
      Features
      • Basement: Full
      • Attic: Crawl Space,Access Via Hatch
      • Has fireplace: No
      Interior area
      • Total structure area: 2,991
      • Total interior livable area: 2,991 sqft
      • Finished area above ground: 2,991

      Property

      Parking
      • Total spaces: 5
      • Parking features: Detached, Paved, Off Street, Driveway, Private
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Exterior features: Balcony, Sidewalk, Lighting
      Lot
      • Size: 4,356 Square Feet
      • Features: Level
      Details
      • Parcel number: 1013899
      • Zoning: RPZ

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 3updown - Unit(s) per Floor
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Aluminum Siding
      • Foundation: Stone
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $194/sqft
      • Tax assessed value: $193,080
      • Annual tax amount: $7,878
      • Date on market: 9/23/2026

        Estimated market value

        $572,800

        $544,000 - $601,000

        $1,872/mo

        Price history

        DateEventPrice
        10/3/2026Listed for sale$579,900+198.9%$194/sqft
        Source: Smart MLS #24208519 Report a problem
        6/20/2003Sold$194,000$65/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,511 +5.7%$193,080
        2024$7,105 +4.8%$193,080
        2023$6,777 +33.2%$193,080 +67%
        2022$5,089 $115,650
        2021$5,089 -0.4%$115,650
        2020$5,112 -0.4%$115,650
        2019$5,135 +1.6%$115,650
        2018$5,054 -6.7%$115,650 -9.5%
        2017$5,416 +7.1%$127,740
        2015$5,059 -1%$127,740
        2014$5,110 +0.2%$127,740 -15.3%
        2013$5,098 +3.4%$150,840
        2012$4,932 +3.5%$150,840
        2011$4,767 -0.9%$150,840
        2010$4,812 +4.6%$150,840
        2009$4,601 +19.6%$150,840
        2008$3,846 +2.2%$150,840 +53.2%
        2007$3,762 +1.3%$98,490
        2006$3,713 +5.6%$98,490
        2005$3,516 +6.3%$98,490
        2004$3,309 +2.4%$98,490
        2003$3,230 +1.2%$98,490 -14.9%
        1995$3,193 $115,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 06457

        Getting around

        84 / 100
        Very Walkable

        Nearby schools

        GreatSchools rating

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