Pending

$325,000

Est. $2,365/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. **** HIGHEST AND BEST DUE SUNDAY BY 12:00 NOON. ******

**** HIGHEST AND BEST DUE SUNDAY BY 12:00 NOON. ******

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

$2,365 per month

Principal and interest$1,840

Property taxes

$411

HOA dues

Home insurance

$114

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (5)

OPEN TODAY, 12PM TO 5PM
$1,225,000
4 beds4 baths3,155 sq ft
11 Partridge Ct, East Lyme, CT 06333
OPEN OCT 10, 10AM TO 2PM
$1,120,000
4 beds2.5 baths2,831 sq ft
8 Twin Valley Rd, East Lyme, CT 06333
OPEN OCT 10, 10AM TO 2PMVIDEO TOUR
$1,175,000
4 beds2.5 baths3,484 sq ft
20 Twin Valley Rd, East Lyme, CT 06333
OPEN OCT 10, 11AM TO 2PM
$260,000
2 beds1 bath856 sq ft
12 Pleasant St, New London, CT 06320
OPEN OCT 10, 12PM TO 2PM
$641,250
7 beds4.5 baths4,353 sq ft
11 Lochdale Dr, Oakdale, CT 06370

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

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

Kitchen

Bathroom

Bedroom

Living

Interior features
12 total rooms
Full unfinished basement with interior access, storage space and a sump pump
3 full bathrooms
Property configured as a 3-family (three separate units)

Bedrooms
5 total bedrooms

Bathrooms
3 full bathrooms

Laundry & utility
Hot water from oil and electric (domestic)
Fuel tank located in basement

Heating & cooling
Steam heat

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 $295,000 and $365,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $295K to $365K.

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 JUL 21, 2026
$300,000 Last sold price
3 beds1 bath1,274 sq ft
118 Blackhall St, New London, CT 06320
$131/sq ft
70 years older
SOLD APR 13, 2026
$295,000 Last sold price
4 beds2 baths1,666 sq ft
31 Grand St, New London, CT 06320
$73/sq ft
smaller lot
42 years newer
SOLD MAY 27, 2026
$330,000 Last sold price
4 beds3 baths1,536 sq ft
90 Summer St, New London, CT 06320
$111/sq ft
117 years newer
SOLD AUG 4, 2026
$365,000 Last sold price
3 beds2 baths1,330 sq ft
85 Ledyard St, New London, CT 06320
$170/sq ft
smaller lot
70 years newer
SOLD OCT 31, 2025
$349,900 Last sold price
4 beds3 baths3,096 sq ft
18 Amity St, New London, CT 06320
$9/sq ft
smaller lot
42 years older

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Myke Popatia

New London Redfin Agent

Myke Popatia typically replies in about 5 minutes

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New listings for sale in 06320

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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

Affordability tools

Open houses

Nearby open houses (5)

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

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 06320

More real estate resources