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For sale
  • Price cut: $200K (7/22)
    $1,150,000

    87 Main Street, Deep River, CT 06417

    8beds
    7,300sqft
    : 
    $7,630/mo
    Get pre-qualified
    Multi Family
    Built in 1850
    -- sqft lot
    $-- Zestimate®
    $158/sqft
    $-- HOA

    What's special

    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.
    21 days
    |
    254
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Velez (860)300-3102,

    VC Property Group, LLC 860-300-3102

    Source: Smart MLS,MLS#: 24193614MLS Logo

      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: $374,990
      • Annual tax amount: $11,992
      • Date on market: 7/22/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Price change$1,150,000-14.8%$158/sqft
        Source: Smart MLS #24193614 Report a problem
        3/10/2026Listed for sale$1,350,000+203.4%$185/sqft
        Source: Smart MLS #24158639 Report a problem
        9/15/2016Sold$445,000$61/sqft
        Source: Smart MLS #N10144866 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Deep River Center

        Getting around

        57 / 100
        Somewhat Walkable
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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