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For sale
  • Price cut: $76K (5/21)
    $499,000

    286 Marlborough Street, Portland, CT 06480

    2beds
    4,205sqft
    : 
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    Multi Family
    Built in 1850
    -- sqft lot
    $491,200 Zestimate®
    $119/sqft
    $-- HOA

    What's special

    Spacious layout
    This unique property presents an exceptional opportunity for both investors and owner-occupants seeking flexibility and income potential. The upper level offers a well-appointed two-bedroom, one-bath apartment filled with natural light-perfect for immediate occupancy or reliable rental income. On the first floor, a spacious layout that previously operated as a salon provides a blank canvas for transformation. With its size and configuration, it can be thoughtfully converted into a three-bedroom residential unit, creating a true two-family property. The flexibility here is a standout feature-convert the first floor to expand into a full two-unit residential property, or maintain the commercial space below while generating rental income above. This opens the door to a variety of strategies, from live/work setups to mixed-use investment potential. Located in a desirable area with excellent visibility and accessibility, the property also carries a unique edge, having been used as a filming location-adding character and distinction. Whether you're looking to expand your portfolio or secure a flexible living arrangement with income potential, this property offers a rare combination of adaptability and value.
    100 days
    |
    1,482
    |
    87
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robinson Team At Eagle Eye Realty,

    Krob Robinson (860)810-2567,

    Eagle Eye Realty PLLC 860-263-9102,

    Co-Listing Agent: Steve Annecharico 860-965-7906,

    Eagle Eye Realty PLLC

    Source: Smart MLS,MLS#: 24162055MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Hot Water, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Electric Water Heater, Water Heater
      Features
      • Basement: Full
      • Attic: Walk-up
      • Has fireplace: No
      Interior area
      • Total structure area: 4,205
      • Total interior livable area: 4,205 sqft
      • Finished area above ground: 4,205
      Video & virtual tour

      Property

      Parking
      • Total spaces: 15
      • Parking features: Paved, Parking Lot, Off Street
      Lot
      • Size: 1.11 Acres
      • Features: Secluded, Level, Rolling Slope
      Details
      • Parcel number: 1032993
      • Zoning: B2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Units on different Floors
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding, Brick
      • Foundation: Masonry, Stone
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1850

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $119/sqft
      • Tax assessed value: $235,550
      • Annual tax amount: $8,315
      • Date on market: 4/1/2026

        Estimated market value

        $491,200

        $467,000 - $516,000

        $2,172/mo

        Price history

        DateEventPrice
        5/21/2026Price change$499,000-13.2%$119/sqft
        Source: Smart MLS #24162055 Report a problem
        4/1/2026Listed for sale$575,000-11.4%$137/sqft
        Source: Smart MLS #24162054 Report a problem
        11/1/2025Listing removed$649,000$154/sqft
        Source: Smart MLS #24110209 Report a problem
        7/29/2025Price change$649,000-13.4%$154/sqft
        Source: Smart MLS #24110209 Report a problem
        7/15/2025Listed for sale$749,000+248.4%$178/sqft
        Source: Smart MLS #24110209 Report a problem
        11/10/1997Sold$215,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,315 -12.2%$235,550
        2024$9,467 +23.8%$235,550
        2023$7,646 +0.1%$235,550
        2022$7,641 +0.6%$235,550 +8.6%
        2021$7,595 +1.8%$216,930
        2020$7,458 +1.7%$216,930
        2019$7,334 $216,930
        2018$7,334 +2.5%$216,930
        2017$7,154 +3.7%$216,930 +1.7%
        2015$6,900 $213,360
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 06480

        Getting around

        40 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gildersleeve
        • Middle: Portland,Brownstone
        • High: Portland

        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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