Date
Details
Price
Change
Source
9/22/2026
Listed
$725,000
—
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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1/31
$725,000 Just Listed
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Property Description
Turn-key 4-family investment opportunity with all four units currently occupied by clean, established, paying tenants. This property has been well maintained and offers an investor the opportunity to step into an income-producing property from day one. Situated on a beautiful corner lot and conveniently located near Electric Boat, the Naval Submarine Base, Lawrence + Memorial Hospital, shopping, highways, and other major area employers, this is a location that continues to benefit from strong rental demand. Tenants pay their own heat, hot water, and electricity, helping keep owner expenses down. On-site coin-operated laundry provides an additional source of income. With all four units rented and major employers nearby, this property offers a solid opportunity for an investor looking to add an established multi-family to their portfolio. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.
Full Property Details
Full Property Details for 88 Riverview Ave
General
- Price: $725,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24202717
- Updated: 9/22/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Coin Op Laundry, Common Laundry Area
Location
- County: New London
- Driving Directions: Willets Ave to Riverview Ave
School Information
- Elementary School: Per Board of Ed
- High School: New London
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam, Gas In Street
- Heating Fuel: Gas In Street
- Water Heater: Other
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, Unfinished, Storage, Walk-out, Concrete Floor
- Roof: Asphalt Shingle
- Square Feet: 3,168
- Above Ground: 3,168 Sq. Ft.
- Year Built: 1900
Unit Information
Unit 1
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.23
- Zoning: R-2
- Lot Description: Corner Lot, Level Lot, Sloping Lot
Financial Considerations
- Assessment Amount: $197,700
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Property ID: 1998468
Listed by RE/MAX on the Bay, Ferdinand Giacinto and RE/MAX on the Bay, Dawn Field
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 88 Riverview Ave —
Ferdinand Giacinto
RE/MAX on the Bay
Dawn Field
RE/MAX on the Bay
Agent Contact: (860) 912-0694 Office Contact: (860) 739-0888
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 88 Riverview Ave
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 0.2 mi |
C.B. Jennings International Elementary Magnet 50 Mercer Street, New London, CT 06320 | PK-5 | 1.2 mi |
Nathan Hale Arts Magnet School 37 Beech Drive, New London, CT 06320 | K-5 | 1.2 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 1.3 mi |
New London Visual and Performing Arts Magnet School 36 Waller Street, New London, CT 06320 | 6-11 | 1.3 mi |
Science and Technology Magnet School of Southeastern Connecticut 20 Chester Street, New London, CT 06320 | 6-12 | 1.7 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 1.7 mi |
Winthrop STEM Elementary Magnet School 74 Grove Street, New London, CT 06320 | K-5 | 2.1 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 88 Riverview Ave
Tax History
Tax History for 88 Riverview Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,377
-1%
$197,700
—
2023
$5,437
10%
$197,700
50%
2023
$4,924
—
$132,230
—
2022
$4,934
-2%
$132,230
—
2021
$5,018
-1%
$132,230
—
2020
$5,050
-4%
$132,230
—
2019
$5,276
31%
$132,230
43%
2018
$4,042
-1%
$92,400
—
2017
$4,090
9%
$92,400
—
2016
$3,739
2%
$92,400
—
2015
$3,649
15%
$92,400
—
2014
$3,167
-17%
$92,400
-34%
2011
$3,827
—
$139,160
—
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
Estimate the Cost for 88 Riverview Ave
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,776Sq. Ft.
Listed by The Real Team at Coldwell Banker Realty (860) 460-8722
- Mobile Home
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 984Sq. Ft.
- Mobile Home
- Active
- Updated 6 days ago
- 2Beds
- 1Total Bath
- 798Sq. Ft.
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- Single Family
- Closed
- Updated 8 days ago
- 5Beds
- 3Total Baths
- 2,875Sq. Ft.
- Single Family
- Closed
- 2Beds
- 3Total Baths
- 1,458Sq. Ft.
Listed by Kimberly Petersen and The Huhn Team at Coldwell Banker Realty
Sold by William Pitt Sotheby's Int'l
Sold by William Pitt Sotheby's Int'l
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,514Sq. Ft.
Listed by The Huhn Team at Coldwell Banker Realty and Kimberly Petersen
Sold by The Huhn Team at Coldwell Banker Realty
Sold by The Huhn Team at Coldwell Banker Realty
- Single Family
- Closed
- 2Beds
- 3Total Baths
- 1,507Sq. Ft.
Listed by The Huhn Team at Coldwell Banker Realty and Kimberly Petersen
Sold by The Huhn Team at Coldwell Banker Realty
Sold by The Huhn Team at Coldwell Banker Realty
88 Riverview Avenue, New London, CT 06320 (MLS# 24202717) is a Multi-Family property with 4 units containing 6 bedrooms, 4 full bathrooms and 1 partial bathroom. 88 Riverview Avenue is currently listed for $725,000 and was received on September 22, 2026. Want to learn more about 88 Riverview 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.