This home's estimate is 13.4% higher than the average sale price ($386K) of 6 comparable homes.
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4 Commerce St, Portland, CT 06480
About this home
Welcome to 4 Commerce Street, a rare opportunity to own a beautifully updated and well-maintained 2-family home offering 2,475 square feet of living space, perfectly situated on a quarter-acre lot in the heart of Portland. This versatile property features two spacious 2-bedroom, 1-bathroom units, each with excellent floorplans and updated finishes. The lower-level unit also boasts an additional 416 sq ft of finished space in the basement along with an additional half bath - ideal for extra storage, recreation, or a home office. Lovingly cared for and owner-occupied by the same family for over 35 years, this home shines with pride of ownership. You'll love the large, fenced-in backyard complete with an above-ground pool, perfect for summer fun and entertaining. This home also has an oversized, heated one car garage, 2 separate driveways, and a brand new 35 year roof! Located in the B3 zone, this property offers exciting flexibility for potential commercial use or conversion to a single-family home-giving you options for investment, business, or multigenerational living. Enjoy the convenience of being just steps to shopping, dining, schools, and more in one of Portland's most walkable and desirable neighborhoods. With great mechanicals, thoughtful updates, and excellent long-term potential, this property is a smart addition to any portfolio or a fantastic place to call home.
Redfin Estimate
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Market trends in 06480, CT
Last updated July 2026
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Sale history for 4 Commerce St
$1/sq ft
$1/sq ft
$135/sq ft
$135/sq ft
$66/sq ft
Tax history for 4 Commerce St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage Information
- Garage & Parking: Attached Garage
- Garages Number: 1
Interior
- Interior Information
- Total Rooms: 8
- Fireplaces Total: 1
- Cooling System: Heat Pump
- Bathroom Information
- # of Baths (Full): 2
- # of Baths (Half): 1
- Bedroom Information
- Beds Total: 4
- Room Information
- Basement Description: Full
- Has Attic
- Attic Description: Pull-Down Stairs
- Multi-Unit Information
- Total Rooms Multi Family: 8
- Total Number of Units: 2
Exterior
- Exterior Features
- Roof Information: Asphalt Shingle
- Exterior Siding: Vinyl Siding
- Lot Information
- Lot Description: Level Lot
- Pool Information
- Swimming Pool
- Pool Description: Above Ground Pool
- Building Information
- Foundation Type: Concrete
- Construction Description: Frame
- Property Information
- Property Type: Multi-Family For Sale
- Property Sub Type: 2 Family
- Living Area SQFT Per Public Record: 2475
Financial
- Assessments Information
- Assessed Value: $158,480
Utilities
- Utility Information
- Water Source: Public Water Connected
- Sewage System: Public Sewer Connected
- Hot Water Description: Oil, Domestic
- Heat Type: Hot Water
- Heat Fuel Type: Oil
- Fuel Tank Location: In Basement
Location
- School Information
- High School: Portland
- Elementary School: Gildersleeve
- Location Information
- State: Connecticut
- Directions: GPS Friendly
- County: Middlesex
Public facts
- Beds: 4
- Baths: 2.5
- Sq. Ft.: 2,475
- Stories: 2.0
- Lot Size: 0.25 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1948
- Year Renovated: —
- County: Middlesex County
- APN: 1033320
Around this home
Schools
Public 5-6 • Assigned • 0.2mi
Public 7-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 98° expected this year, 16 days in 30 years
27% chance of strong winds in next 30 years
3 unhealthy days expected this year, 4 days in 30 years
Sun exposure
In this area, properties receive around 9 hours in June and 4.5 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 06480
Home values near 4 Commerce St
| Address | Redfin Estimate |
|---|---|
6 Beds | 2 Baths | 3074 Sq. Ft. | $396,867 |
4 Beds | 2 Baths | 2091 Sq. Ft. | $409,561 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 1764 Sq. Ft. | $363,452 |
1 Beds | 1 Baths | 682 Sq. Ft. | $219,606 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 4.5 Baths | 3712 Sq. Ft. | — |
4 Beds | 1 Baths | 1225 Sq. Ft. | $274,931 |
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