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East Lyme, CT Multifamily Homes & Duplexes for Sale

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  • 19 E Shore Dr, Niantic, CT 06357
    19 E Shore Dr, Niantic, CT 06357
    19 E Shore Dr, Niantic, CT 06357
    /39

    $1,750,000

    • 6 Beds
    • 2.5 Baths
    • 360 Sq Ft

    19 E Shore Dr, Niantic, CT 06357

    A slice of Nantucket in Niantic! This renovated, virtually waterfront home in the desirable Black Point Beach Association offers water views and beach access just steps away-no flood insurance required. The main home at 4 Nehantic Drive is a 5-bed, 2.5-bath Nantucket-style Cape on a rare double lot with privacy hedges, two outdoor showers, and parking for five. Features include a large living

    Paula Turley CR Premier Properties

    19 E Shore Dr, Niantic, CT 06357
  • 7 & 7R N Washington Ave, East Lyme, CT 06357
    7 & 7R N Washington Ave, East Lyme, CT 06357
    7 & 7R N Washington Ave, East Lyme, CT 06357
    /27

    $425,000

    • 2 Beds
    • 2 Baths
    • 539 Sq Ft

    7 & 7R N Washington Ave, East Lyme, CT 06357

    Charming Multi-Unit Property in the Heart of Niantic! Discover a rare opportunity in the heart of Niantic with this unique two-building property, just steps from beaches, marinas, the boardwalk, restaurants, and the playhouse! Built in 1930, these two cozy cottages offer charm and convenience in an unbeatable location. The front unit is 539 sq. ft. and features oil heat, while the rear unit is

    Amy Jones Berkshire Hathaway NE Prop.

    7 & 7R N Washington Ave, East Lyme, CT 06357
  • 68-70 Black Point Rd, East Lyme, CT 06357
    68-70 Black Point Rd, East Lyme, CT 06357
    68-70 Black Point Rd, East Lyme, CT 06357
    /26

    $3,895,000

    • 14 Beds
    • 10 Baths
    • 5,907 Sq Ft

    68-70 Black Point Rd, East Lyme, CT 06357

    Multi-Family Property in a highly sought after year round beach community! Investors take note! Property Highlights: Prime Location: Walking distance to multiple public beaches, one of Connecticut's oldest bakeries, public boardwalks and parks, top-rated pizza shops, ice cream shops, restaurants and even a live theater making this a perfect location for renters and vacationers alike. 11 Units:

    Adam Velez eXp Realty

    68-70 Black Point Rd, East Lyme, CT 06357
Connecticut East Lyme

Multi-Family Homes & Duplexes for Sale in East Lyme, CT

Why Live in East Lyme

East Lyme, CT, is a small community known for its diverse landscapes, ranging from rolling countryside and dense woodlands to sandy New England beaches. The town is divided into two villages: the forested Flanders and the seaside Niantic. Niantic Beach, with its mile-long boardwalk, is a popular spot for swimming and sunbathing, while local businesses like Black Hawk Sport Fishing offer fishing charters. Flanders features Pattagansett Lake, ideal for kayaking and bass fishing, and Nehantic State Forest, which offers 12 miles of trails and seasonal hunting. Dining options in East Lyme are varied, with Flanders Plaza hosting restaurants like Il Pomod’Oro Restaurant & Pizzeria, and Niantic’s Main Street offering upscale dining at 374 Kitchen + Cocktails and seafood at Skipper’s Seafood Restaurant. The East Lyme School District is highly rated, with Lillie B. Haynes School, East Lyme Middle, and East Lyme High School all receiving strong marks. Homes in East Lyme range from Colonial Revivals and ramblers to newer Craftsman-style houses, with prices varying by neighborhood. The town is well-connected, with major employers like Pfizer and nearby military bases accessible via Interstate 95. Hartford is 48 miles north, and New Haven is 40 miles west, making East Lyme a convenient location for commuters.
Learn more about living in East Lyme

Home Trends in East Lyme, CT

On average, homes in East Lyme, CT sell after 51 days on the market compared to the national average of 69 days. The median sale price for homes in East Lyme, CT over the last 12 months is $930,000, up 20% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$930,000
Median Single Family Sale Price
$930,000
Median Townhouse Sale Price
$379,000
Median 2 Bedroom Sale Price
$399,000
Average Price Per Sq Ft
$320
Number of Homes for Sale
7
Last 12 months Home Sales
50
Months of Supply
1.70
Median List Price
$919,900
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
20%
How to Buy a Home How to Finance a Home How to Sell a Home

In East Lyme, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $425,000 to $3,895,000, there's a range to accomodate every budget. As of July, 2025 the median home price in East Lyme is $919,900, while the average sale price is $800,456, offering insights into the local housing market. On average, multi-family homes spend 51 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in East Lyme, CT.

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