180 Bailey Rd Middletown, CT 06457
Westfield NeighborhoodEstimated payment $2,594/month
About This Home
Fantastic investment opportunity in Middletown! This unique single-family home with a fully permitted ADU offers exceptional versatility and strong rental income. The property features three fully rented units-a spacious upper-level unit, a ground-level unit, and a private ADU attached off the back. Together, these units currently generate $3,400/month, and all existing tenants will convey with the property, providing instant cash flow for the next owner. The finished basement, delivered vacant, adds additional flexibility-ideal for storage, personal use, or potential future income (buyer to do due diligence). Each space has been thoughtfully utilized, making this an efficient and high-performing property in a desirable location. Whether you're an investor expanding your portfolio or an owner-occupant looking to offset your mortgage, this property delivers outstanding value and endless potential.
Listing Agent
Dorrance Realty Brokerage Phone: (203) 718-3305 License #RES.0821443 Listed on: 11/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,808
Year Built
- Built in 1957
Lot Details
- 0.27 Acre Lot
- Property is zoned R-15
Home Design
- Colonial Architecture
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,540 Sq Ft Home
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Spencer Elementary School
- Middletown High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 1007612
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,808 | $226,430 | $61,010 | $165,420 |
| 2024 | $8,333 | $226,430 | $61,010 | $165,420 |
| 2023 | $7,948 | $226,430 | $61,010 | $165,420 |
| 2022 | $8,292 | $188,450 | $40,670 | $147,780 |
| 2021 | $8,292 | $188,450 | $40,670 | $147,780 |
| 2020 | $8,329 | $188,450 | $40,670 | $147,780 |
| 2019 | $8,367 | $188,450 | $40,670 | $147,780 |
| 2018 | $8,235 | $188,450 | $40,670 | $147,780 |
| 2017 | $9,675 | $228,180 | $42,560 | $185,620 |
| 2016 | $7,453 | $180,900 | $42,560 | $138,340 |
| 2015 | $6,748 | $170,400 | $42,560 | $127,840 |
| 2014 | $6,816 | $170,400 | $42,560 | $127,840 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2025 12/23/25 | Price Changed | $355,000 | -2.7% | $140 / Sq Ft |
| 12/12/2025 12/12/25 | Price Changed | $365,000 | -1.4% | $144 / Sq Ft |
| 12/09/2025 12/09/25 | Price Changed | $370,000 | -2.6% | $146 / Sq Ft |
| 12/01/2025 12/01/25 | Price Changed | $380,000 | -1.3% | $150 / Sq Ft |
| 11/25/2025 11/25/25 | For Sale | $385,000 | -- | $152 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $173,300 | New Conventional |
Source: SmartMLS
MLS Number: 24141334
APN: MTWN-000011-000000-000579
- 136 Westfield St
- 36 Brookview Ln
- 27 Valley Dr
- 5 Nathan Hale Rd
- 3 Nathan Hale Rd
- 4 Nathan Hale Rd
- 1 Nathan Hale Rd
- 2 Nathan Hale Rd
- 122 Nejako Dr
- 18 Phedon Pkwy
- 31 Broadview Pkwy
- 59 Westfield Terrace
- 94 Cynthia Ln Unit D-5
- 161 Cynthia Ln Unit E5
- 85 Aspen Dr
- 60 Old Mill Rd
- 27 Barbara Rd
- 91 Highview Terrace
- 204 Hickory Cir
- 11 Columbus Ave
- 121-122 Rose Cir
- 449 Newfield St Unit 4
- 1100 Springside Ln
- 400 Washington St
- 177 Prospect St
- 44-46 Camp St
- 634 High St Unit 2
- 121-131 Butternut St
- 132 Grand St Unit 2
- 652 High St Unit 2
- 73 Stack St Unit 73 1st Floor
- 73 Stack St Unit 1st Floor
- 153 Liberty St
- 179 Butternut St Unit F
- 179 Butternut St
- 179 Butternut St
- 177 Butternut St Unit 1
- 30 West St Unit 2
- 50 Grand St Unit Lower Level
- 137 Knowles Ave Unit 137