VC Property Group is proud to present a rare two-parcel assemblage in Deep River, Connecticut, featuring a newer construction single-family residence, a five-unit mixed-use building with four residential apartments and one retail unit, and a contiguous 0.30-acre vacant parcel. Located in the highly desirable Lower Connecticut River Valley, the property is just 0.4 miles from Downtown Deep River and approximately 1 mile from Downtown Chester, providing convenient access to acclaimed restaurants, boutique shopping, marinas, and the region's historic village centers. Deep River continues to benefit from strong residential demand driven by limited housing inventory and spillover from neighboring Chester and Essex. The assemblage offers immediate cash flow with meaningful long-term upside, including the potential for a municipal lot line adjustment to combine the vacant parcel with the single-family residence, creating a premium residential asset, or to retain the parcel for future single-family development. Combining stabilized income, intrinsic residential value, and embedded development optionality, this offering presents a compelling investment opportunity in one of Connecticut's most desirable river communities.
For sale
Price cut: $200K (7/22)
$1,150,000
87 Main Street, Deep River, CT 06417
8beds
7,300sqft
Multi Family
Built in 1850
-- sqft lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
- 68 days
- 202
- 13
Zillow last checked:
Listing updated:
Listed by:
Anthony Velez (860)300-3102,
VC Property Group, LLC 860-300-3102,
Connor Wenchell 860-343-7800,
VC Property Group, LLC
Source: Smart MLS,MLS#: 24193614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 7,300
- Total interior livable area: 7,300 sqft
- Finished area above ground: 7,300
Property
Lot
- Size: 0.44 Acres
- Features: Level
Details
- Parcel number: 961929
- Zoning: VMU
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Masonry
- 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: Deep River
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $530,110
- Annual tax amount: $11,975
- Date on market: 7/22/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $1,150,000-14.8%$158/sqft |
Source: | ||
| 3/10/2026 | Listed for sale | $1,350,000+203.4%$185/sqft |
Source: | ||
| 9/15/2016 | Sold | $445,000$61/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,992 +1.3% | $374,990 |
| 2024 | $11,842 +5.7% | $374,990 |
| 2023 | $11,205 +3.1% | $374,990 |
| 2022 | $10,867 -2% | $374,990 |
| 2021 | $11,092 -0.5% | $374,990 +0.9% |
| 2020 | $11,149 +1.9% | $371,770 |
| 2019 | $10,937 | $371,770 |
| 2018 | $10,937 +1.7% | $371,770 |
| 2017 | $10,752 +5.1% | $371,770 |
| 2016 | $10,235 | $371,770 |
Find assessor info on the county website
Monthly payment
Est. payment






