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Off market
  • $880,500

    54 Washington St, Middletown, CT 06457

    19beds
    12,288sqft
    Multi Family
    Built in 1936
    -- sqft lot
    $880,500 Zestimate®
    $72/sqft
    $1,432 Estimated rent

    Home value

    $880,500

    $836,000 - $925,000

    $1,432/mo

    Zestimate® history
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    Owner options

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    $1,432/mo

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    $1,432/mo

    Rent Zestimate®

    Refinance and save

    $6,286/mo

    Est. payment

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    $6,286/mo

    Est. payment

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    What's special

    In the heart of Middletown and within walking distance to countless amenities, 54 Washington Street offers both location and opportunity. Once home to the Italian American Club, the building carries a unique history and is now ready for a new vision. This spectacular building has received zoning approval to convert this once community/event space to residential units. Take advantage of the already in place engineered 18-unit build-out plans with extra room for a super, the possibilities are endless. Not only does this building have engineered plans, but it is also stamped for electrical and plumbing. With all major systems professionally designed, code-compliant, and permit ready, this property allows seamless transition straight into the build phase. The opportunities are endless for the savvy investor looking to maximize value in a prime location. 18 parking spots town approved across the street next to the police station ! Engineered Plans will be sent upon request. Stamped Plumbing & Electrical in place. 18 parking spaces permitted by town across from Middletown Police Department.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 24131159MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 19
    • Bathrooms: 18
    • Full bathrooms: 18
    Cooling
    • None
    Features
    • Basement: Yes
    Interior area
    • Total structure area: 12,288
    • Total interior livable area: 12,288 sqft

    Property

    Parking
    • Total spaces: 18
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 1008616

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1936

    Community & HOA

    Location
    • Region: Middletown

    Financial & listing details

    • Price per square foot: $72/sqft
    • Date on market: 10/3/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    6/16/2026Listing removed$935,000$76/sqft
    Source: Smart MLS #24131159 Report a problem
    2/24/2026Price change$935,000-1.1%$76/sqft
    Source: Smart MLS #24131159 Report a problem
    12/15/2025Price change$945,000-21.3%$77/sqft
    Source: Smart MLS #24131159 Report a problem
    11/17/2025Price change$1,200,000-22.1%$98/sqft
    Source: Smart MLS #24131159 Report a problem
    10/6/2025Listed for sale$1,540,000$125/sqft
    Source: Smart MLS #24131159 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 06457

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $880,500
    2% more
    +$17,610
    With Zillow Showcase(estimated)
    $898,110
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $880,500
    2% more
    +$17,610
    With Zillow Showcase(estimated)
    $898,110