142 Montauk Avenue, New London, CT 06320 - Photo 1

1/1

$479,000

Sold
Closed
Multi-Family
5 Total Beds

1/1

Property Description

Investment opportunity in the heart of New London! This well-maintained 4-family property offers strong rental history with most tenants in place for over 10 years. Recent updates provide peace of mind, including exterior paint (2024), a 12-year-old roof, natural gas hot water heaters all 5 years old or newer, and a driveway just 5 years young. Additional income potential with convenient on-site coin-operated laundry. Located just minutes to downtown New London, Yale New Haven L&M Hospital, Mitchell College, and Electric Boat, this property is in a prime location for consistent occupancy. Whether you're a seasoned investor or just starting out, this is the type of property that checks all the boxes-stable tenants, updates already done, and excellent proximity to area employers and amenities. Don't wait-this one won't last long!

Full Property Details

Full Property Details for 142 Montauk Ave

General

Sold For: $479,000
Taxes: (July 2025-June 2026)
Status: Closed
Type: Multi-Family
Source: SMARTMLS
MLS ID: 24124535
Added to Site: 135 day(s) ago

Interior

Number of Rooms: 14

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 5

Other Rooms

Laundry: Coin Op Laundry

Exterior

Exterior Features: Porch
Color: Blue

Parking

Parking: None

Location

County: New London
Driving Directions: Route 1 (Bank St) To Montauk Avenue

School Information

Elementary School: Per Board of Ed
Middle School: Dover Jackson
High School: New London

Heating & Cooling

Cooling Type: Window Unit
Heating Type: Steam, Electric, Gas In Street
Heating Fuel: Electric, Gas In Street
Water Heater: Natural Gas, 40 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.: Asbestos
Basement Desc.: Full
Roof: Asphalt Shingle
Square Feet: 3,495
Above Ground: 3,495 Sq. Ft.
Year Built: 1920

Unit Information

Unit 1

Total Bathrooms: 1
Bedrooms: 2

Unit 2

Total Bathrooms: 1

Unit 3

Total Bathrooms: 1
Bedrooms: 1

Unit 4

Total Bathrooms: 1
Bedrooms: 4

Lot Features

Lot Size (Acres): 0.17
Zoning: R-2
Lot Description: City Views

Financial Considerations

Assessment Amount: $191,400
Tax Year: July 2025-June 2026

Disclosures and Reports

Property ID: 1998863

Listed and Sold by RE/MAX Legends, Marilyn Lusher

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Listing agent

— 142 Montauk Ave —

Marilyn Lusher

RE/MAX Legends

Agent Contact: (860) 460-9559 Office Contact: (860) 451-8000

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with our affiliated lender

NMLS#: 1598647

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Schools

Schools serving 142 Montauk Ave

School District:New London School District

Name	Grades	Distance
Harbor School 432 Montauk Avenue, New London, CT 06320	PK-5	0.6 mi
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320	6-8	0.9 mi
New London High School 20 Chester Street, New London, CT 06320	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 142 Montauk Ave

Date

Details

Price

Change

Source

12/10/2025

Sold

$479,000

-1.24%

MLS

10/01/2025

Price Reduced

$485,000

-2.81%

MLS

9/05/2025

Listed

$499,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Apartment
Active
Updated 4 days ago

2
Beds
2
Total Baths
1,009
Sq. Ft.

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Just Listed

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Active
Updated 5 days ago

15.98
Acres

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Updated 1 day ago

4
Beds
3
Total Baths
2,786
Sq. Ft.

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Just Listed

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Price Reduced

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Active
Updated 3 days ago

0.33
Acres

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Price Reduced

-$30,000 (-4.62%)

$620,000

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Single Family
Active
Updated 3 days ago

2
Beds
1
Total Bath
1,423
Sq. Ft.

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Price Reduced

-$30,000 (-4.62%)

$620,000

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Commercial
Active

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Price Reduced

-$106,000 (-11.84%)

$789,000

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Single Family
Active
Updated 3 days ago

6
Beds
5
Total Baths
3,687
Sq. Ft.

Listed by Silver and Oak Realty

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Sold

$460,000

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Multi-Family
Closed

4
Total Beds

Listed by RE/MAX on the Bay
Sold by RE/MAX One

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Sold

$500,000

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Multi-Family
Closed

9
Total Beds

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Sold by RE/MAX One

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Sold

$525,000

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Multi-Family
Closed

6
Total Beds

Listed and Sold by Real Broker CT, LLC

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Sold

$435,000

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Multi-Family
Closed

7
Total Beds

Listed by RE/MAX on the Bay
Sold by CENTURY 21 Shutters & Sails

142 Montauk Avenue, New London, CT 06320 (MLS# 24124535) is a Multi-Family property that was sold at $479,000 on December 10, 2025. Want to learn more about 142 Montauk 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.

142 Montauk Ave New London, CT 06320

Full Property Details for 142 Montauk Ave

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Unit 4

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 142 Montauk Ave

Price & Sales History for 142 Montauk Ave

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Price Reduced near 142 Montauk Ave

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Recent Sales near 142 Montauk Ave

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