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$1,300,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Exceptional mixed-use investment opportunity in Middletown, with views of CT River and landmark Arrigoni Bridge. Offering strong in-place cash flow with immediate upside potential. Features six fully occupied residential apartments (2-1bds, 2-2bds, 2-3bds) plus two 1,600 square foot commercial garage/workshop spaces, creating strong stability. One commercial garage is currently leased, while the second vacant garage presents a compelling opportunity for an owner-user or investor seeking additional income. If you're a contractor, workshop operator, have storage needs, or small business owner, the vacant commercial space (currently listed for rent) allows a buyer to occupy the space while offsetting ownership costs through the residential income stream. The residential apartments have been updated over time, have newer boilers/water heaters and offer a strong unit mix of one-, two-, and three-bedroom layouts with broad tenant appeal. Property features off-street parking, and excellent access to Route 9, downtown Middletown, shopping, restaurants, and commuter routes. * 8 total income-producing spaces * 6 fully leased residential apartments * 2 commercial garage/workshop units * One leased commercial space + one vacant 1,600 SF commercial unit * Owner-user opportunity (act soon before rented) * Minutes from Route 9 * Walk to downtown and Wesleyan - This is a rare, stable cash flow, turnkey opportunity!!!! Property to be conveyed in as-is condition.

Full Property Details for 13 Portland St

General

  • Price: $1,300,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24174579
  • Updated: 5/15/2026
  • Added to Site: 3 day(s) ago

Interior

  • Flooring: Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2

Parking

  • Uncovered Spaces: 8

Location

  • County: Middlesex
  • Driving Directions: per GPS

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Gas on Gas, Other

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas

Structural Information

  • Roof: Asphalt Shingle, Metal
  • Square Feet: 9,890
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: apartments and workshop
  • Year Built: 1900

Unit Information

  • # Tenants: 7

Unit 1

  • Unit Description: 1 Bedroom
  • Square Feet: 455
  • Total Bathrooms: 1

Unit 2

  • Unit Description: 1 Bedroom
  • Square Feet: 455
  • Total Bathrooms: 1

Unit 3

  • Unit Description: 2 Bedrooms
  • Square Feet: 630
  • Total Bathrooms: 1

Unit 4

  • Unit Description: 2 Bedrooms
  • Square Feet: 630
  • Total Bathrooms: 1

Unit 5

  • Unit Description: 3 Bedrooms
  • Square Feet: 912
  • Total Bathrooms: 1

Unit 6

  • Unit Description: 3 Bedrooms
  • Square Feet: 912
  • Total Bathrooms: 1

Unit 7

  • Unit Description: Industrial
  • Square Feet: 1,600
  • Partial Bathrooms: 1

Unit 8

  • Unit Description: Industrial
  • Square Feet: 1,600
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.26
  • Frontage: Municipal Street
  • Present Use: apartments and workshop
  • Potential Use: mixed use industry zone
  • Zoning: MXI
  • Lot Description: Sloping Lot

Financial Considerations

  • Assessment Amount: $349,620
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Lead Disclosure
  • Property ID: 1005938

Listed by William Pitt Sotheby's International Realty, Sacha Armstrong

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Listing agent

— 13 Portland St —

  • Sacha Armstrong

    William Pitt Sotheby's International Realty

Agent Contact: (860) 538-7778 Office Contact: (860) 682-9991

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 13 Portland St

School District:Middletown School District
NameGradesDistance
Macdonough School
66 Spring Street, Middletown, CT 06457
K-50.2 mi
Keigwin Middle School
99 Spruce Street, Middletown, CT 06457
6-1.6 mi
Beman Middle School
370 Hunting Hill Avenue, Middletown, CT 06457
6-81.9 mi
Middletown High School, Middletown, CT
200 La Rosa Lane, Middletown, CT 06457
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 13 Portland St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Listed
$1,300,000
381.48%
MLS
10/02/2008
Sold
$270,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 13 Portland St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,932
6%
$358,140
—
2023
$13,180
5%
$358,140
—
2023
$12,571
30%
$358,140
62%
2022
$9,698
—
$220,410
—
2021
$9,698
—
$220,410
—
2020
$9,742
—
$220,410
—
2019
$9,786
2%
$220,410
—
2018
$9,632
3%
$220,410
—
2017
$9,345
3%
$220,410
—
2016
$9,081
4%
$220,410
—
2015
$8,728
-1%
$220,410
—
2014
$8,816
15%
$220,410
-3%
2011
$7,645
—
$226,170
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by William Pitt Sotheby's International Realty, Sacha Armstrong

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13 Portland Street, Middletown, CT 06457 (MLS# 24174579) is a Commercial property. 13 Portland Street is currently listed for $1,300,000 and was received on May 15, 2026. Want to learn more about 13 Portland Street? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

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