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$399,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 2 days ago
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Fully occupied two-family home with an additional lot offering valuable off-street parking! Both units are currently rented and occupied by tenants on a month-to-month basis, providing immediate rental income and flexibility for future ownership plans. The additional lot provides space for approximately 4-5 vehicles, a valuable feature in this area. The property was previously connected to gas and can be easily converted back to gas if desired. Conveniently located near Electric Boat, Ocean Beach, local schools, bus stops, shopping, restaurants, and major transportation routes. Great opportunity for an investor looking to add a fully occupied multi-family property to their portfolio or an owner-occupant looking to offset their housing costs with rental income. Property is being sold AS-IS. Buyer and buyer's agent are encouraged to conduct their own due diligence and inspections.

Full Property Details for 194-196 Jefferson Ave

General

  • Price: $399,999
  • Taxes: (July 2026-June 2027)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24203546
  • Updated: 10/3/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Basement Hook-Up(s)

Location

  • County: New London
  • Driving Directions: I-95 N/S to Exit 84. Follow CT-32 N to Jefferson Ave. Continue on Jefferson Ave to property on right.

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, Oil
  • Heating Fuel: Oil
  • Water Heater: Electric, 30 Gallon Tank

Utilities

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

Structural Information

  • Architectural Style: Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Concrete Floor
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 2,132
  • Above Ground: 2,132 Sq. Ft.
  • Year Built: 1910

Unit Information

Unit 1

  • Square Feet: 1066
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Square Feet: 1066
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.14
  • Zoning: R-2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $167,500
  • Tax Year: July 2026-June 2027

Disclosures and Reports

  • Exclusions: Window Air Conditioners (tenants)
  • Property ID: 2000600

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

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Listing agent

— 194-196 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 194-196 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-51.1 mi
Harbor School
432 Montauk Avenue, New London, CT 06320
PK-51.4 mi
Bennie Dover Jackson Middle School
36 Waller Street, New London, CT 06320
6-80.3 mi
New London Visual and Performing Arts Magnet School
36 Waller Street, New London, CT 06320
6-110.3 mi
New London High School
20 Chester Street, New London, CT 06320
9-120.6 mi
Science and Technology Magnet School of Southeastern Connecticut
20 Chester Street, New London, CT 06320
6-120.6 mi
Nathan Hale Arts Magnet School
37 Beech Drive, New London, CT 06320
K-52.4 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 194-196 Jefferson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2026
Listed
$399,999
70.21%
MLS
3/17/2022
Sold
$235,000
—
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 194-196 Jefferson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,556
-1%
$167,500
—
2023
$4,606
1%
$167,500
36%
2023
$4,578
—
$122,920
—
2022
$4,586
-2%
$122,920
—
2021
$4,664
-1%
$122,910
—
2020
$4,694
-4%
$122,920
—
2019
$4,905
24%
$122,920
36%
2018
$3,944
-1%
$90,160
—
2017
$3,990
9%
$90,160
—
2016
$3,648
2%
$90,160
—
2015
$3,560
15%
$90,160
—
2014
$3,090
-16%
$90,160
-33%
2011
$3,679
—
$133,770
—
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 194-196 Jefferson Ave

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*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

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

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194-196 Jefferson Avenue, New London, CT 06320 (MLS# 24203546) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 194-196 Jefferson Avenue is currently listed for $399,999 and was received on October 03, 2026. Want to learn more about 194-196 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.

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