This three-family property in New London offers a strong investment opportunity with versatile unit layouts. Unit 1 features 1 bedroom and a full bath, Unit 2 offers 2 bedrooms and a full bath, and Unit 3 includes 4 bedrooms and 2 full baths-ideal for maximizing rental income. The property boasts a very large backyard with potential for off-street parking or additional outdoor use. Conveniently located close to major employers including Electric Boat, the Submarine Base, and Pfizer, as well as public transportation, shopping, dining, and more. A convenient location with excellent rental demand and long-term potential.
Sold for $358,000
$358,000
22 Chappell Street, New London, CT 06320
7beds
2,040sqft
Multi Family
Built in 1900
-- sqft lot
$359,400 Zestimate®
$175/sqft
$1,976 Estimated rent
Home value
$359,400
$331,000 - $392,000
$1,976/mo
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$2,353/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 11:26am
Listed by:
Marilyn Lusher (860)460-9559,
RE/MAX Legends 860-451-8000
Bought with:
Mario A. Stephens, RES.0772837
RE/MAX Legends
Source: Smart MLS,MLS#: 24150552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: None
Features
- Basement: Full,Finished,Apartment,Walk-Out Access,Liveable Space
- Attic: Finished,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
- Finished area above ground: 2,040
Property
Features
- Patio & porch: Porch
- Has view: Yes
- View description: City
Lot
- Size: 8,276 sqft
- Features: Sloped
Details
- Parcel number: 2772781
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors,3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Basketball Court, Library, Medical Facilities, Park, Near Public Transport
Location
- Region: New London
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $358,000+2.3%$175/sqft |
Source:  Smart MLS #24150552 Report a problem | ||
| 2/5/2026 | Pending sale | $350,000$172/sqft |
Source: Smart MLS #24150552 Report a problem | ||
| 1/29/2026 | Listed for sale | $350,000+976.9%$172/sqft |
Source: Smart MLS #24150552 Report a problem | ||
| 6/29/2018 | Sold | $32,500-53.5%$16/sqft |
Source: Smart MLS #170074367 Report a problem | ||
| 6/7/2018 | Pending sale | $69,900$34/sqft |
Source: RE/MAX HOME TEAM #170074367 Report a problem | ||
| 4/23/2018 | Listed for sale | $69,900$34/sqft |
Source: RE/MAX Home Team #170074367 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,639 | $95,900 |
| 2024 | $3,639 | $95,900 |
| 2023 | $3,639 | $95,900 |
| 2022 | $3,639 | $95,900 |
| 2021 | $3,639 -0.6% | $95,900 |
| 2020 | $3,662 -4.3% | $95,900 |
| 2019 | $3,826 +30.7% | $95,900 +43.3% |
| 2018 | $2,927 -1.2% | $66,920 |
| 2017 | $2,962 +9.4% | $66,920 |
| 2016 | $2,708 +2.5% | $66,920 |
| 2015 | $2,643 +15.3% | $66,920 |
| 2014 | $2,293 -32.9% | $66,920 -46.1% |
| 2013 | $3,415 +8.7% | $124,180 |
| 2012 | $3,143 | $124,180 |
| 2011 | $3,143 | $124,180 |
| 2010 | $3,143 -0.7% | $124,180 |
| 2009 | $3,165 -0.9% | $124,180 +20.1% |
| 2008 | $3,194 +1.5% | $103,390 |
| 2007 | $3,148 +6.3% | $103,390 +4.5% |
| 2006 | $2,962 +4.6% | $98,980 |
| 2005 | $2,832 +7.4% | $98,980 |
| 2004 | $2,638 -8.8% | $98,980 +21.2% |
| 2003 | $2,892 +54.6% | $81,690 +44.1% |
| 2001 | $1,871 | $56,700 |
Find assessor info on the county website
Neighborhood: 06320
Nearby schools
GreatSchools rating
- 3/10C.B. Jennings International Elementary MagnetGrades: K-5Distance: 0.1 mi
- 3/10Bennie Dover Jackson Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10New London Visual and Performing Arts Magnet SchoolGrades: 6-12Distance: 0.2 mi
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$359,400
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- Connecticut
- New London County
- New London
- 06320
- 22 Chappell Street