This home's estimate is 7.9% higher than the average sale price ($422K) of 6 comparable homes.
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48 Freestone Ave, Portland, CT 06480
About this home
A great opportunity for any investor! This charming historic home has two units. The first unit has two bedrooms, an eat-in kitchen, and second floor laundry in unit and a second floor bath. The second unit has 4 Bedrooms, an eat-in kitchen, large living space, two full baths with second floor laundry in unit. New roof in 2020. Larger unit has many updates. As is sale. Total possible monthly income is about $2600
AS IS
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Market trends in 06480, CT
Last updated August 2026
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Sale history for 48 Freestone Ave
$78/sq ft
$95/sq ft
$103/sq ft
$78/sq ft
$89/sq ft
$93/sq ft

View this two-family unit just off of Main Street in Portland, CT. This is a perfect owner/occupant investment property. Tenant is in place and is rented at $1,000 a month (heat and hot water included). Occupied unit has updated kitchen area. Unoccupied unit has two full baths and three bedrooms with a den that can be used as another bedroom. A finished attic area that consists of two rooms. Easy access to local highways.
$86/sq ft
$90/sq ft
$83/sq ft
$95/sq ft
Tax history for 48 Freestone Ave
*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: Unpaved, Off Street Parking, Other
Interior
- Interior Information
- Laundry Room Info: All Units Have Hook-Ups
- Appliances
- Bathroom Information
- # of Baths (Full): 3
- Bedroom Information
- Beds Total: 6
- Room Information
- Basement Description: Full
- Has Attic
- Multi-Unit Information
- Unit Count: 2
- Total Number of Units: 2
Exterior
- Exterior Features
- Roof Information: Asphalt Shingle
- Exterior Siding: Wood
- Lot Information
- Lot Description: Level Lot
- Building Information
- Foundation Type: Stone
- Construction Description: Frame
- Property Information
- Property Type: Multi-Family For Sale
- Property Sub Type: 2 Family
- Living Area SQFT Per Public Record: 2421
Financial
- Assessments Information
- Assessed Value: $139,090
Utilities
- Utility Information
- Water Source: Public Water Connected
- Sewage System: Public Sewer Connected
- Hot Water Description: Domestic
- Heat Type: Baseboard
- Heat Fuel Type: Oil
- Fuel Tank Location: In Basement
Location
- School Information
- High School: Per Board of Ed
- Elementary School: Per Board of Ed
- Location Information
- State: Connecticut
- Directions: across right on main street and across from church
- County: Middlesex
Public facts
- Beds: 6
- Baths: 3.0
- Sq. Ft.: 2,421
- Stories: 2.0
- Lot Size: 0.5 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1850
- Year Renovated: 2021
- County: Middlesex County
- APN: 1032864
Other
- Documents & Disclosures
- Supplement Count Public: 2
Around this home
Schools
Public 5-6 • Assigned • 0.3mi
Public 7-8 • Assigned • 0.8mi
Public 9-12 • Assigned • 0.9mi
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, 17 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 48 Freestone Ave
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2283 Sq. Ft. | $354,819 |
3 Beds | 2 Baths | 1664 Sq. Ft. | $341,123 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2198 Sq. Ft. | $408,869 |
4 Beds | 2 Baths | 2256 Sq. Ft. | $396,345 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1722 Sq. Ft. | $392,991 |
6 Beds | 2 Baths | 1888 Sq. Ft. | $437,272 |
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