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$395,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 4 hours ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Saturday 4/11 12:00 PM - 2:00 PM

259 Pearl Street,Middletown, CT 06457

259 Pearl StreetMiddletownCT06457

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Great investment opportunity with added flexibility for an owner occupant. This clean and well maintained three unit multi family offers three similar updated layouts, each with 3 bedrooms, a spacious eat in kitchen with pantry, and a large living room that gives every unit a comfortable, functional feel. Two units are currently rented, while the second floor is vacant, creating an ideal setup for an investor who wants immediate income with the option to live on site. Major updates add even more value, including a newer 2017 Navien on demand gas furnace, updated electrical with breakers, updated plumbing, and much more. The basement is clean and dry, offering excellent storage and utility space, while five off street parking spots add everyday convenience for residents. Set close to state parks, restaurants, museums, shopping, and medical facilities, this is a smart opportunity to own a solid, well cared for property in a location that supports both lifestyle and long term rental appeal.

Full Property Details for 259 Pearl St

General

  • Price: $395,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24158068
  • Updated: Today (4/10/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 15

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Deck

Parking

  • Total Spaces: 5
  • Parking: Parking Lot, Off Street Parking

Location

  • County: Middlesex
  • Driving Directions: GPS

School Information

  • Elementary School: Macdonough
  • Middle School: Keigwin
  • Intermediate School: Per Board of Ed
  • High School: Middletown

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, Tankless Hotwater

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full
  • Roof: Flat
  • Attic: Yes
  • Square Feet: 3,906
  • Above Ground: 3,906 Sq. Ft.
  • Year Built: 1917

Unit Information

Unit 1

  • Square Feet: 1300
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Square Feet: 1300
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Square Feet: 1300
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.1
  • Zoning: RPZ
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $254,500
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1007875
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 259 Pearl St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 259 Pearl St

School District:Middletown School District
NameGradesDistance
Macdonough School
66 Spring Street, Middletown, CT 06457
K-50.1 mi
Keigwin Middle School
99 Spruce Street, Middletown, CT 06457
6-1.5 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
9-121.4 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 259 Pearl St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Listed
$395,000
3.95%
MLS
5/16/2023
Sold
$380,000
—
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 259 Pearl St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,900
6%
$254,500
—
2023
$9,366
5%
$254,500
—
2023
$8,933
30%
$254,500
63%
2022
$6,877
—
$156,300
—
2021
$6,877
—
$156,300
—
2020
$6,908
—
$156,300
—
2019
$6,940
2%
$156,300
—
2018
$6,830
4%
$156,300
1%
2017
$6,541
3%
$154,270
—
2016
$6,356
4%
$154,270
—
2015
$6,109
8%
$154,270
-8%
2013
$5,654
—
$167,270
—
2011
$5,654
—
$167,270
—
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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259 Pearl Street, Middletown, CT 06457 (MLS# 24158068) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 259 Pearl Street is currently listed for $395,000 and was received on April 10, 2026. This property is listed by Mike Rethis from our South Windsor Office.Want to learn more about 259 Pearl Street? Do you have questions about finding other Multi-Family 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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