Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$285,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 1 Car Garage
  • Updated 3 hours ago
See This Home
Save This Home
See This Home
Save This Home
Attention investors and contractors! Value-add 3-family opportunity located at 119 Jefferson Avenue with strong income potential and immediate cash flow. All three units are currently occupied with month-to-month tenants, offering flexibility for rent increases or future renovations. Current rents total approximately $3,700+ per month, with upside potential once improvements are completed. Property features a solid multi-unit layout and includes a huge driveway with ample off-street parking plus a detached one-car garage-a rare and valuable feature for tenants. Property requires significant updates, including heating system installation, siding replacement, roof evaluation, and cosmetic improvements throughout. Being sold strictly as-is. Ideal for cash buyers or rehab loan financing. This is a prime opportunity to reposition an income-producing asset in New London's active multifamily market. With the right renovations, this property offers strong cash flow and long-term appreciation potential. Conveniently located near major employers, Electric Boat, shopping, dining, and local amenities. Don't miss your chance to unlock the full potential of this multi-family investment!

Full Property Details for 119 Jefferson Ave

General

  • Price: $285,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24158616
  • Updated: Today (3/26/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 14

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Balcony, Deck
  • Color: Yellow

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Detached Garage

Location

  • County: New London
  • Driving Directions: I-95 to Exit 82; from NB turn R onto Broad St, from SB turn L onto Broad St; proceed ~0.3 mi, turn R onto Jefferson Ave; property on right.

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gravity Warm Air, Wall Unit, Gas In Street, Natural Gas
  • Heating Fuel: Gas In Street, Natural Gas
  • Water Heater: Electric, 50 Gallon Tank

Utilities

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

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Other
  • Basement Desc.: Partial, Full, Full With Walk-Out
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 2,904
  • Above Ground: 1,936 Sq. Ft.
  • Below Ground: 968 Sq. Ft.
  • Year Built: 1890

Unit Information

Unit 1

  • Square Feet: 968
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 968
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 968
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.24
  • Zoning: C-1
  • Lot Description: Sloping Lot

Financial Considerations

  • Assessment Amount: $142,000
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2000464

Listed by Real Broker CT, LLC, X Team At Real Broker CT, Oriel Hayer

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 119 Jefferson Ave —

  • Oriel Hayer

    Real Broker CT, LLC

Agent Contact: (860) 237-6545 Office Contact: (860) 884-9511

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 119 Jefferson Ave

School District:New London School District
NameGradesDistance
C.B. Jennings International Elementary Magnet
50 Mercer Street, New London, CT 06320
PK-50.3 mi
Winthrop STEM Elementary Magnet School
74 Grove Street, New London, CT 06320
K-51.2 mi
Harbor School
432 Montauk Avenue, New London, CT 06320
PK-51.2 mi
Bennie Dover Jackson Middle School
36 Waller Street, New London, CT 06320
6-80.4 mi
New London Visual and Performing Arts Magnet School
36 Waller Street, New London, CT 06320
6-110.4 mi
New London High School
20 Chester Street, New London, CT 06320
9-120.8 mi
Science and Technology Magnet School of Southeastern Connecticut
20 Chester Street, New London, CT 06320
6-120.8 mi
Nathan Hale Arts Magnet School
37 Beech Drive, New London, CT 06320
K-52.2 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 119 Jefferson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$285,000
25.27%
MLS
3/09/2005
Sold
$227,500
—
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 119 Jefferson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,862
-1%
$142,000
—
2023
$3,905
38%
$142,000
87%
2023
$2,834
—
$76,090
—
2022
$2,839
-2%
$76,090
—
2021
$2,888
-1%
$76,090
—
2020
$2,906
-4%
$76,090
—
2019
$3,036
19%
$76,090
30%
2018
$2,554
-1%
$58,380
—
2017
$2,584
9%
$58,380
—
2016
$2,362
2%
$58,380
—
2015
$2,305
15%
$58,380
—
2014
$2,001
-33%
$58,380
-46%
2011
$2,978
—
$108,290
—
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.

Estimate the Cost for 119 Jefferson Ave

$
Down Payment
%
$
%

$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Real Broker CT, LLC, X Team At Real Broker CT, Oriel Hayer

Similar Properties near 119 Jefferson Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

197 Central Ave, Norwich, CT 06360 - Photo 1
$279,000

197 Central Ave  Norwich, CT 06360

  • Multi-Family
  • Active
  • 4
    Total Beds
Listed by Compass Connecticut, LLC

Just Listed near 119 Jefferson Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

43 George Ave, Groton, CT 06340 - Photo 1 Just Listed
$245,900

43 George Ave  #B  Groton, CT 06340

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 784
    Sq. Ft.
Listed by eXp Realty
335 Cow Hill Rd, Groton, CT 06355 - Photo 1 Just Listed
$389,900

335 Cow Hill Rd  Groton, CT 06355

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,664
    Sq. Ft.
Listed by Luxe Realty LLC
301 Buddington Rd, Groton, CT 06340 - Photo 1 Just Listed
$120,000

301 Buddington Rd  #LOT 24  Groton, CT 06340

  • Mobile Home
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 747
    Sq. Ft.
Listed by RE/MAX One
147 Pequot Ave, Groton, CT 06355 - Photo 1 Just Listed
$1,125,000

147 Pequot Ave  Groton, CT 06355

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 3,049
    Sq. Ft.
Listed by Berkshire Hathaway NE Prop.

Price Reduced near 119 Jefferson Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

572 Thames St, Groton, CT 06340 - Photo 1 Price Reduced
-$50,000 (-3.85%)
$1,250,000

572 Thames St  Groton, CT 06340

  • Commercial
  • Active
Listed by Compass Connecticut, LLC
335 Judson Ave, Groton, CT 06355 - Photo 1 Price Reduced
-$34,900 (-5.97%)
$550,000

335 Judson Ave  Groton, CT 06355

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,088
    Sq. Ft.
Listed by Ann McBride Real Estate
50 Boardwalk, Groton, CT 06340 - Photo 1 Price Reduced
-$50,000 (-3.33%)
$1,450,000

50 Boardwalk  Groton, CT 06340

  • Land Residential
  • Active
  • Updated 6 days ago
  • 0.11
    Acres
Listed by Berkshire Hathaway NE Prop.
13 Devonshire Dr, Waterford, CT 06385 - Photo 1 Price Reduced
-$20,000 (-4.35%)
$439,900

13 Devonshire Dr  Waterford, CT 06385

  • Single Family
  • Active
  • Updated 22 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,056
    Sq. Ft.
Listed by RE/MAX on the Bay

Recent Sales near 119 Jefferson Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

17 Walden Ave, New London, CT 06320 - Photo 1 Sold
$260,000

17 Walden Ave  New London, CT 06320

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,612
    Sq. Ft.
Listed by Scott Pellerin
Sold by US Asset Realty
18 W Pleasant St, New London, CT 06320 - Photo 1 Sold
$280,000

18 W Pleasant St  New London, CT 06320

  • Multi-Family
  • Closed
  • 6
    Total Beds
Listed by Realhome Services & Solutions
Sold by KEY Real Estate Services LLC
21 Williams St, New London, CT 06320 - Photo 1 Sold
$327,000

21 Williams St  New London, CT 06320

  • Multi-Family
  • Closed
  • 7
    Total Beds
Listed and Sold by Hadley Realty Group
226 Colman St, New London, CT 06320 - Photo 1 Sold
$265,000

226 Colman St  New London, CT 06320

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 980
    Sq. Ft.
Listed by CENTURY 21 Shutters & Sails
Sold by RE/MAX One

119 Jefferson Avenue, New London, CT 06320 (MLS# 24158616) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 119 Jefferson Avenue is currently listed for $285,000 and was received on March 26, 2026. Want to learn more about 119 Jefferson Avenue? Do you have questions about finding other Multi-Family real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.

Tour this property