COMING SOON ON AUG 26

$325,000

Est. $2,211/mo

•

3,134

sq ft

20 Reed St, New London, CT 06320

About this home

Investors take notice! This three-family apartment building is ideally located in downtown New London, offering excellent access to restaurants, shopping, medical facilities, transportation, and the city's beautiful waterfront. The property also includes a detached two-car garage and off-street parking, adding valuable convenience and potential. Bring your vision, creativity, and renovation ideas to restore this property and unlock its full potential. A great opportunity for an investor or owner-occupant seeking a well-located multi-family with room to build equity.

Multi-familyProperty Type

1870Year Built

6,098 sq ftLot Size

$104Price/Sq.Ft.

2 car garageParking

Listed by Linda Labbe • CENTURY 21 Shutters & Sails

Contact: Agent Attribution Contact: (860) 823-8771 | Office Attribution Contact: (860) 331-1510

Source:Smart MLS #24198604

Payment calculator

$2,211 per month

Principal and interest$1,686

Property taxes

$411

HOA dues

Home insurance

$114

Utilities

Add

5 minutes to get started. No credit impact.

Mortgage resources

See this home in person

This home is unavailable to tour on this day.

Next available date: Thursday, August 27

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 10AM TO 2PM
$1,120,000
4 beds2.5 baths2,831 sq ft
8 Joshua Valley Rd, East Lyme, CT 06333
OPEN SAT, 10AM TO 12PM
$475,000
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OPEN SAT, 11AM TO 12:30PM
$769,000
3 beds2 baths1,950 sq ft
280 Shore Rd, Old Lyme, CT 06371
OPEN SAT, 12PM TO 2PMVIDEO TOUR
$899,000
3 beds1 bath1,104 sq ft
41 Maple St, Stonington, CT 06378
OPEN SAT, 4PM TO 5:30PM
$349,000
4 beds2 baths2,067 sq ft
593 Mohegan Avenue Pkwy, Quaker Hill, CT 06375
OPEN SUN TO 2PM
$449,000
4 beds2.5 baths2,424 sq ft
43 Robinhood Dr, Gales Ferry, CT 06335
OPEN SUN, 12PM TO 2PM
$2,795,000
4 beds3 baths2,972 sq ft
23 Gravel St, Mystic, CT 06355
OPEN SUN, 12PM TO 2PM3D WALKTHROUGH
$869,900
4 beds2.5 baths3,857 sq ft
2 Syleo Ln, Salem, CT 06420
OPEN SUN, 12PM TO 4PM
$599,900
4 beds2.5 baths2,560 sq ft
52 Middle Rd, Preston, CT 06365
OPEN SUN, 1PM TO 3PM
$725,000
3 beds2.5 baths1,878 sq ft
29 Flat Rock Hill Rd, Old Lyme, CT 06371

Around this home

Schools

K - 12
Preschool & daycare

C.B. Jennings International Elementary Magnet

Public PreK-5 • Assigned • 0.4mi

3/10

Bennie Dover Jackson Middle School

Public 5-8 • Assigned • 0.6mi

3/10

New London Visual and Performing Arts Magnet School

Public 6-12 • Assigned • 0.6mi

4/10

New London High School

Public 9-12 • Assigned • 1.2mi

2/10

Science and Technology Magnet School of Southeastern Connecticut

Public 9-12 • Assigned • 1.2mi

2/10

Provided by GreatSchools

About

Coit

Coit, located between Downtown New London and the Thames River waterfront, is a historic and residential New London neighborhood with hillside streets and harbor-facing views. The neighborhood’s character concentrates around the Coit Street corridor near downtown blocks, where brick storefronts and small civic buildings set a working-port tone. Architectural cues lean toward older New England housing stock—compact multifamily homes, porches, and tight lots stepping down toward the water. The walk to the waterfront frames daily routines with ferries, marinas, and salt air. Culture and nightlife cluster nearby at The Garde Arts Center, Hygienic Art, and The Social Bar + Kitchen. Green space and shoreline paths add a calm counterpoint to the city grid.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
12 total rooms
Full, unfinished basement with interior access, storage space and a sump pump

Bedrooms
5 bedrooms

Bathrooms
3 full bathrooms

Heating & cooling
Steam heating
Hot water supplied by oil and electric (domestic)
Fuel tank located in the basement

Sale and tax history for 20 Reed St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2023

$3,955

$26,900 + $76,020

$102,920

2022

$3,958 (−1.8%)

$26,900 + $76,020

$102,920

2021

$4,029 (−0.6%)

$26,900 + $76,020

$102,920

2020

$4,053 (−4.2%)

$26,880 + $76,020

$102,900

2019

$4,229 (+16.7%)

$26,880 + $76,020

$102,900

2018

$3,624 (+2.0%)

$26,880 + $53,410

$80,290

2017

$3,554 (+5.8%)

$26,880 + $53,410

$80,290

2016

$3,359 (+22.1%)

$26,880 + $53,410

$80,290

2014

$2,752 (−25.8%)

$26,880 + $53,410

$80,290

2011

$3,711

$33,670 + $101,290

$134,960

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,356 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

3,134

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,134

Year built

1870

Style

Multi-Family (2-4 Unit)

County

New London County

APN

2000056

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2023.

C-1

General Commercial District

To provide for a wide range of commercial and limited industrial uses along major arterials; to accommodate uses that benefit from large numbers of motorists, and business that are not intensive central business area type activities. New residential development is discouraged except in certain instances.

Permitted uses

Include but are not limited to:

Bank
General retail
Restaurant
Office
Recreation
Park & open space

Climate risks

5/10 Flood Factor

Estimated 21-31% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 94° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

New London, CT • 06320

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

77/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.7 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 20 Reed St

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $225,000 and $350,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $225K to $350K.

SOLD MAR 27, 2026
$282,000 Last sold price
4 beds2 baths3,034 sq ft
109 Montauk Ave, New London, CT 06320
$11/sq ft
smaller lot
30 years newer
SOLD JUL 2, 2026
$312,299 Last sold price
5 beds3 baths2,904 sq ft
119 Jefferson Ave, New London, CT 06320
$4/sq ft
larger lot
20 years newer
SOLD MAY 5, 2026
$320,000 Last sold price
7 beds3 baths1,862 sq ft
77 Colman St, New London, CT 06320
$68/sq ft
90 years newer
SOLD JUL 27, 2026
$225,000 Last sold price
5 beds3 baths2,000 sq ft
30 Chappell St, New London, CT 06320
$9/sq ft
smaller lot
20 years newer
SOLD OCT 8, 2025
$327,000 Last sold price
7 beds3 baths2,813 sq ft
21 Williams St, New London, CT 06320
$12/sq ft
smaller lot
18 years newer
SOLD JUN 12, 2026
$350,000 Last sold price
4 beds1.5 baths1,956 sq ft
27 Gorton St, New London, CT 06320
$75/sq ft
larger lot
47 years newer

Tour for free, no strings attached

Make a winning offer with the help of a local agent

Ask a question

(203) 433-6390

Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$750,000

4 beds3 baths2,166 sq ft

25 Warren Ave, Fairfield, CT 06825

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New listings for sale in 06320

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COMING SOON

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COMING SOON

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20 Reed St, New London, CT 06320

3D WALKTHROUGH

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Details provided by Smart MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 20 Reed St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 20 Reed St

Early Access listings

Nearby similar homes

New listings for sale in 06320

More real estate resources