Exceptional Multi-Family Investment Opportunity in CT! Located in desirable Middletown, this unique property package offers two two-family homes-for a total of four income-producing units-along with a versatile 2,898 sq ft workshop and two additional vacant land parcels. Each residential building offers approximately 1,380 sq ft with new roofs, new windows, upgraded electrical, and modernized plumbing-providing peace of mind for years to come. All properties are connected to natural gas, adding efficiency and convenience. One unit has been fully renovated, supplies to renovate the other units are located in the workshop. The standout feature is the expansive heated workshop with electricity and plumbing already in place, opening the door to endless possibilities-ideal for contractors, hobbyists, storage, or potential additional income use. Set on a combined .25-acre lot, plus two separate parcels (.08 and .02 acres), this offering provides flexibility rarely found * Expand your portfolio with strong rental income potential * Build on the additional lot (buyer to do due diligence) * Or enjoy extra outdoor space as a private side yard. Whether you're an investor looking for solid cash flow or an owner-occupant seeking supplemental income, this property delivers versatility, updates, and long-term value in one compelling package.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
999999999
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Accessible
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Last updated by owner on Apr 3, 2026.
IRA
Industrial Redevelopment Area Zone
The IRA zone will preserve Middletown's existing and limited industrial development areas, and encourage the rehabilitation and reuse of the land and buildings for job and tax generating industrial uses. The zone is composed of longstanding industrial uses, and is adjacent to residential and commercial uses. The area s are self-contained and well-defined by existing roadways and railroad ROW's. In the zone, older industrial buildings occupy the site s and pose industrial rehabilitation opportunities.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Manufacturing
Processing
Warehouse
Infrastructure
Office
Research & development
Recreation
Veterinary clinic
Historical weather
Middletown, CT • 06457
Average low and high temperatures (°F)
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52
33
62
43
70
52
81
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86
67
81
59
76
56
66
46
54
37
39
25
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Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Middletown. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Portland St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $320,000 and $770,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $320K to $770K.