Don't miss this spacious 3-unit multifamily located just minutes from downtown Norwich, Mohegan Park, and Backus Hospital! This property features two generous side-by-side main floor units, each offering 1,261 SqFt of living space, plus a third lower-level unit with approximately 800 SqFt. Perfect for investors or owner-occupants looking to build equity! Each unit has separate gas and electric utilities, making management simple and efficient. The lower-level unit presents an excellent opportunity for added value - with a bit of sweat equity, it has strong potential to shine and boost cash flow. Ideally situated near Route 32, Route 12, Route 2A, and I-395, this location offers a convenient commute in all directions and easy access to major employers and amenities! Whether you're expanding your portfolio or planning to house-hack, this is a smart move in a growing market. Schedule your showing today and imagine the possibilities!
Sold for $255,000
$255,000
49 Freeman Avenue, Norwich, CT 06360
7beds
3,504sqft
Multi Family
Built in 1900
-- sqft lot
$276,600 Zestimate®
$73/sqft
$1,982 Estimated rent
Home value
$276,600
$246,000 - $313,000
$1,982/mo
Zestimate® history
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$1,746/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Next Level Team of RE/MAX One,
Jarrad Horsley 860-300-0146,
RE/MAX One 860-444-7362
Bought with:
James Kelly, RES.0809553
William Raveis Real Estate
Source: Smart MLS,MLS#: 24108632
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater, Water Heater
- Laundry: In Basement
Features
- Smart Thermostat
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
- Finished area above ground: 2,704
- Finished area below ground: 800
Property
Parking
- Parking features: None
Features
- Patio & porch: Enclosed, Porch, Deck
Lot
- Size: 3,484 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: 2032381
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Basketball Court, Library, Medical Facilities, Park, Near Public Transport, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: Norwich
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $173,200
- Annual tax amount: $7,061
- Date on market: 7/3/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Sold | $255,000-5.5%$73/sqft |
Source:  Smart MLS #24108632 Report a problem | ||
| 8/2/2025 | Pending sale | $269,900$77/sqft |
Source: Smart MLS #24108632 Report a problem | ||
| 7/25/2025 | Price change | $269,900-10%$77/sqft |
Source: Smart MLS #24108632 Report a problem | ||
| 7/9/2025 | Listed for sale | $300,000+631.7%$86/sqft |
Source: Smart MLS #24108632 Report a problem | ||
| 3/10/2017 | Sold | $41,000-75%$12/sqft |
Source: Smart MLS #B10180776 Report a problem | ||
| 6/28/2002 | Sold | $164,000$47/sqft |
Source: Smart MLS #G283866 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,009 +5.9% | $173,200 |
| 2024 | $6,616 +48.3% | $173,200 +88.1% |
| 2023 | $4,462 -0.1% | $92,100 |
| 2022 | $4,465 -0.3% | $92,100 |
| 2021 | $4,480 +0.4% | $92,100 |
| 2020 | $4,464 +1% | $92,100 |
| 2019 | $4,420 +74.6% | $92,100 +76.1% |
| 2018 | $2,531 -0.7% | $52,300 |
| 2017 | $2,549 -0.7% | $52,300 |
| 2016 | $2,566 | $52,300 |
Find assessor info on the county website
Neighborhood: 06360
Nearby homes
- $--4 bd1 ba1.2k sqft49 Freeman Ave #1, Norwich, CT 06360Off Market
- $120,0002 bd1 ba886 sqft55 Freeman Ave, Norwich, CT 06360Sold
- $246,2003 bd1 ba1.5k sqft54 Freeman Ave, Norwich, CT 06360Off Market
- $207,4009 bd3 ba4.8k sqft50 Freeman Ave, Norwich, CT 06360Off Market
- $306,4003 bd1 ba1.8k sqft33 McKinley Ave, Norwich, CT 06360Off Market
- $256,3003 bd1 ba1.1k sqft56 Freeman Ave, Norwich, CT 06360Off Market
- $228,0003 bd1 ba2.1k sqft57 Freeman Ave, Norwich, CT 06360Off Market
- $286,0003 bd1 ba-- sqft57 Freeman Ave #C, Norwich, CT 06360Off Market
Nearby schools
GreatSchools rating
- 3/10John M. Moriarty SchoolGrades: PK-5Distance: 2.8 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.1 mi
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- Connecticut
- New London County
- Norwich
- 06360
- 49 Freeman Avenue
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