480 Main St Middletown, CT 06457
Middletown AreaEstimated payment $8,613/month
About This Home
Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown
Listing Agent
Century 21 AllPoints Realty Brokerage Phone: (860) 539-2730 License #RES.0830855 Listed on: 06/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,600
Year Built
- Built in 1917
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Home Design
- Side-by-Side
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Foundation
- Flat Tile Roof
- Masonry Siding
Interior Spaces
- 13,837 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Oil
- Fuel Tank Located in Basement
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 1007661
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $18,591 | $477,910 | $162,610 | $315,300 |
| 2024 | $17,587 | $477,910 | $162,610 | $315,300 |
| 2023 | $16,775 | $477,910 | $162,610 | $315,300 |
| 2022 | $16,346 | $371,500 | $141,400 | $230,100 |
| 2021 | $16,346 | $371,500 | $141,400 | $230,100 |
| 2020 | $16,420 | $371,500 | $141,400 | $230,100 |
| 2019 | $16,495 | $371,500 | $141,400 | $230,100 |
| 2018 | $16,235 | $371,500 | $141,400 | $230,100 |
| 2017 | $14,051 | $331,380 | $141,400 | $189,980 |
| 2016 | $13,653 | $331,380 | $141,400 | $189,980 |
| 2015 | $13,123 | $331,380 | $141,400 | $189,980 |
| 2014 | $13,255 | $331,380 | $141,400 | $189,980 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2026 06/15/26 | For Sale | $1,300,000 | 0.0% | $94 / Sq Ft |
| 04/01/2025 04/01/25 | Rented | $1,100 | 0.0% | -- |
| 03/05/2025 03/05/25 | Under Contract | -- | -- | -- |
| 02/25/2025 02/25/25 | For Rent | $1,100 | 0.0% | -- |
| 09/30/2024 09/30/24 | Rented | $1,100 | 0.0% | -- |
| 09/24/2024 09/24/24 | Under Contract | -- | -- | -- |
| 09/24/2024 09/24/24 | For Rent | $1,100 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $725,000 | -- | |
| Quit Claim Deed | $175,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $507,500 | Purchase Money Mortgage | |
| Closed | $300,000 | Commercial | |
| Previous Owner | $350,000 | Commercial |
Source: SmartMLS
MLS Number: 24182655
APN: MTWN-000022-000000-000561
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