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For sale
  • $1,300,000

    480 Main Street, Middletown, CT 06457

    8beds
    13,837sqft
    : 
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    Multi Family
    Built in 1917
    -- sqft lot
    $1,279,200 Zestimate®
    $94/sqft
    $-- HOA

    What's special

    Classic brick constructionSoaring ceilingsOversized layoutsStunning brick mixed-use buildingBeautiful hardwood flooringNewer hot water heatersFunctional built-ins
    Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown Property is also listed as Commercial -- MLS # 24184246
    13 days
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    387
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    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Cozzi Team,

    Lindy Hoyt (860)539-2730,

    Century 21 AllPoints Realty 860-263-2121

    Source: Smart MLS,MLS#: 24182655MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 10
      • Full bathrooms: 8
      • 1/2 bathrooms: 2
      Heating
      • Steam, Oil
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Water Heater
      • Laundry: None
      Features
      • Basement: Full,Unfinished
      • Attic: None
      Interior area
      • Total structure area: 13,837
      • Total interior livable area: 13,837 sqft
      • Finished area above ground: 13,837

      Property

      Lot
      • Size: 4,791 Square Feet
      • Features: Level
      Details
      • Parcel number: 1007661
      • Zoning: B-1

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Units on different Floors,Units are Side-by-Side
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1917

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $94/sqft
      • Tax assessed value: $477,910
      • Annual tax amount: $18,600
      • Date on market: 6/15/2026

        Estimated market value

        $1,279,200

        $1.22M - $1.34M

        $2,428/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$1,300,000-10.3%$94/sqft
        Source: Smart MLS #24182655 Report a problem
        6/9/2026Listing removed$1,450,000$105/sqft
        Source: Smart MLS #24154266 Report a problem
        5/27/2026Pending sale$1,450,000$105/sqft
        Source: Smart MLS #24154266 Report a problem
        2/13/2026Listed for sale$1,450,000+100%$105/sqft
        Source: Smart MLS #24154266 Report a problem
        1/30/2019Sold$725,000+314.3%$52/sqft
        Source: Public Record Report a problem
        3/11/1997Sold$175,000$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,591 +5.7%$477,910
        2024$17,587 +4.8%$477,910
        2023$16,775 +2.6%$477,910 +28.6%
        2022$16,346 $371,500
        2021$16,346 -0.5%$371,500
        2020$16,420 -0.5%$371,500
        2019$16,495 +1.6%$371,500
        2018$16,235 +15.5%$371,500 +12.1%
        2017$14,051 +7.1%$331,380
        2015$13,123 $331,380

        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: 06457

          Getting around

          93 / 100
          Walker's Paradise
          48 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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