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Sold for $450,000
  • $450,000

    259 Pearl Street, Middletown, CT 06457

    9beds
    3,906sqft
    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $115/sqft
    $1,805 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,805/mo

    Zestimate® history
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    What's special

    Great investment opportunity with added flexibility for an owner occupant. This clean and well maintained three unit multi family offers three similar updated layouts, each with 3 bedrooms, a spacious eat in kitchen with pantry, and a large living room that gives every unit a comfortable, functional feel. Two units are currently rented, while the second floor is vacant, creating an ideal setup for an investor who wants immediate income with the option to live on site. Major updates add even more value, including a newer 2017 Navien on demand gas furnace, updated electrical with breakers, updated plumbing, and much more. The basement is clean and dry, offering excellent storage and utility space, while five off street parking spots add everyday convenience for residents. Set close to state parks, restaurants, museums, shopping, and medical facilities, this is a smart opportunity to own a solid, well cared for property in a location that supports both lifestyle and long term rental appeal. HIGHEST AND BEST DUE TUESDAY 4/14 AT 10:00AM

    Zillow last checked:

    Listing updated:

    Listed by:

    CORRADO TEAM AT COLDWELL BANKER REALTY,

    Mike Rethis (860)983-3158,

    Coldwell Banker Realty 860-644-2461,

    Co-Listing Agent: Julie Corrado 860-604-3809,

    Coldwell Banker Realty

    Bought with:

    Andrew Coburn, RES.0807955

    Robert C White & Company LLC

    Source: Smart MLS,MLS#: 24158068MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Tankless Water Heater
    Features
    • Basement: Full
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 3,906
    • Total interior livable area: 3,906 sqft
    • Finished area above ground: 3,906

    Property

    Parking
    • Total spaces: 5
    • Parking features: Parking Lot, Off Street
    Features
    • Patio & porch: Deck
    Lot
    • Size: 4,356 sqft
    • Features: Level
    Details
    • Parcel number: 1007875
    • Zoning: RPZ

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Health Club, Library, Medical Facilities, Park, Pool, Near Public Transport, Shopping/Mall
    Location
    • Region: Middletown

    Price history

    DateEventPrice
    5/29/2026Sold$450,000+13.9%$115/sqft
    Source: Smart MLS #24158068 Report a problem
    4/17/2026Pending sale$395,000$101/sqft
    Source: Smart MLS #24158068 Report a problem
    4/10/2026Listed for sale$395,000+3.9%$101/sqft
    Source: Smart MLS #24158068 Report a problem
    5/17/2023Sold$380,000+18.8%$97/sqft
    Source: Smart MLS #170559979 Report a problem
    5/8/2023Contingent$319,900$82/sqft
    Source: Smart MLS #170559979 Report a problem
    4/7/2023Listed for sale$319,900+52.3%$82/sqft
    Source: Smart MLS #170559979 Report a problem
    6/1/2020Sold$210,000-4.5%$54/sqft
    Source: Smart MLS #170284584 Report a problem
    3/26/2020Listed for sale$219,900+266.5%$56/sqft
    Source: Berkshire Hathaway NE Prop. #170284584 Report a problem
    2/20/2015Sold$60,000-78.6%$15/sqft
    Source: Public Record Report a problem
    7/5/2006Sold$279,900$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,900 +5.7%$254,500
    2024$9,366 +4.8%$254,500
    2023$8,933 +29.9%$254,500 +62.8%
    2022$6,877 $156,300
    2021$6,877 -0.4%$156,300
    2020$6,908 -0.5%$156,300
    2019$6,940 +1.6%$156,300
    2018$6,830 +4.4%$156,300 +1.3%
    2017$6,541 +2.9%$154,270
    2016$6,356 $154,270

    Find assessor info on the county website

    Neighborhood: 06457

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Macdonough
    • High: Middletown

    Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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