$364,900
UNDER CONTRACT $10K PRICE DROP

121 Saybrook Rd Middletown, CT 06457

Estimated payment $2,481/month

Total Views 7,590
5 Beds
2 Baths
2,243 Sq Ft
$163 Price per Sq Ft

Highlights

  • Property is near public transit and shops
  • Tankless Water Heater
  • Hot Water Heating System
  • Attic
  • Public Transportation
  • Level Lot

About This Home

Come see this two family investment property in the heart of Middletown, offering over 2,200 sq. ft. of living space. Each unit is thoughtfully laid out and provides comfortable, functional living. The first floor unit features three bedrooms, a full bathroom, and spacious living and dining areas. The second-floor unit offers two bedrooms, one full bathroom, and access to a full walk-up attic perfect for additional storage or potential expansion. Both units feature newer flooring and have separate utilities, including on-demand gas heat and hot water systems (approximately 10 years old). The roof is just 2 years old, providing added peace of mind. Additional highlights include a two car garage with storage above, a flat backyard ideal for entertaining, and off street parking. Conveniently located with easy access to major highways, and just minutes from downtown Middletown's dining and shopping, as well as Middlesex Hospital.

Listing Agent

Michael Reiman

William Raveis Real Estate Brokerage Phone: (860) 301-1546 License #RES.0796050 Listed on: 04/06/2026

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,708

Year Built

  • Built in 1936

Lot Details

  • 13,068 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 2,243 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit and shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Hot Water Circulator

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1014779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,708

Year Built

Built in 1936

Lot Details

0.3 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2243
  • Total Sq Ft: 2243
  • Year Built: 1936
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS friendly
  • Street Type: Road
  • Office Attribution Contact: (860) 344-1658
  • Reserve Prospect: No
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Unfinished, Full With Hatchway
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.3
  • Lot Description: Level Lot
  • Zoning: MXI
  • Parcel #: 1014779

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 6708

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,708 $181,240 $52,960 $128,280
2024 $6,418 $181,240 $52,960 $128,280
2023 $6,092 $181,240 $52,960 $128,280
2022 $4,600 $111,500 $21,180 $90,320
2021 $4,580 $111,500 $21,180 $90,320
2020 $4,572 $111,500 $21,180 $90,320
2019 $4,594 $111,500 $21,180 $90,320
2018 $4,436 $111,500 $21,180 $90,320
2017 $4,549 $117,610 $30,380 $87,230
2016 $4,458 $117,610 $30,380 $87,230
2015 $4,360 $117,610 $30,380 $87,230
2014 $4,355 $117,610 $30,380 $87,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2026 04/16/26 Price Changed $364,900 -2.7% $163 / Sq Ft
04/06/2026 04/06/26 For Sale $375,000 +352.9% $167 / Sq Ft
05/12/2016 05/12/16 Sold $82,799 +56.2% $37 / Sq Ft View Prior Sale
04/06/2016 04/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $53,000 -- $24 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 None Available
Warranty Deed $115,000 None Available
Quit Claim Deed -- --
Warranty Deed $82,799 --
Quit Claim Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 No Value Available
Previous Owner $178,000 No Value Available
Source: Public Records

Source: SmartMLS

MLS Number: 24160950

SmartMLS

APN: MTWN-000035-000000-000220

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