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For sale
  • $395,000

    259 Pearl Street, Middletown, CT 06457

    9beds
    3,906sqft
    : 
    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $101/sqft
    $-- HOA

    What's special

    Great investment opportunity with added flexibility for an owner occupant. This clean and well maintained three unit multi family offers three similar updated layouts, each with 3 bedrooms, a spacious eat in kitchen with pantry, and a large living room that gives every unit a comfortable, functional feel. Two units are currently rented, while the second floor is vacant, creating an ideal setup for an investor who wants immediate income with the option to live on site. Major updates add even more value, including a newer 2017 Navien on demand gas furnace, updated electrical with breakers, updated plumbing, and much more. The basement is clean and dry, offering excellent storage and utility space, while five off street parking spots add everyday convenience for residents. Set close to state parks, restaurants, museums, shopping, and medical facilities, this is a smart opportunity to own a solid, well cared for property in a location that supports both lifestyle and long term rental appeal.
    3 days
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    1,129
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    68
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    Zillow last checked: 7 hours ago

    Listing updated: 13 hours ago

    Listed by:

    CORRADO TEAM AT COLDWELL BANKER REALTY,

    Mike Rethis (860)983-3158,

    Coldwell Banker Realty 860-644-2461,

    Co-Listing Agent: Julie Corrado 860-604-3809,

    Coldwell Banker Realty

    Source: Smart MLS,MLS#: 24158068MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater, Tankless Water Heater
      Features
      • Basement: Full
      • Attic: Access Via Hatch
      • Has fireplace: No
      Interior area
      • Total structure area: 3,906
      • Total interior livable area: 3,906 sqft
      • Finished area above ground: 3,906

      Property

      Parking
      • Total spaces: 5
      • Parking features: Parking Lot, Off Street
      Features
      • Patio & porch: Deck
      Lot
      • Size: 4,356 Square Feet
      • Features: Level
      Details
      • Parcel number: 1007875
      • Zoning: RPZ

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Units on different Floors
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Stone
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1917

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Health Club, Library, Medical Facilities, Park, Pool, Near Public Transport, Shopping/Mall
      HOA
      • Has HOA: No
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $101/sqft
      • Tax assessed value: $254,500
      • Annual tax amount: $9,900
      • Date on market: 4/7/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        4/10/2026Listed for sale$395,000+3.9%$101/sqft
        Source: Smart MLS #24158068 Report a problem
        5/17/2023Sold$380,000+18.8%$97/sqft
        Source: Smart MLS #170559979 Report a problem
        5/8/2023Contingent$319,900$82/sqft
        Source: Smart MLS #170559979 Report a problem
        4/7/2023Listed for sale$319,900+52.3%$82/sqft
        Source: Smart MLS #170559979 Report a problem
        6/1/2020Sold$210,000-4.5%$54/sqft
        Source: Smart MLS #170284584 Report a problem
        3/26/2020Listed for sale$219,900+266.5%$56/sqft
        Source: Berkshire Hathaway NE Prop. #170284584 Report a problem
        2/20/2015Sold$60,000-78.6%$15/sqft
        Source: Smart MLS #N10019537 Report a problem
        7/5/2006Sold$279,900$72/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$9,900 +5.7%$254,500
        2024$9,366 +4.8%$254,500
        2023$8,933 +29.9%$254,500 +62.8%
        2022$6,877 $156,300
        2021$6,877 -0.4%$156,300
        2020$6,908 -0.5%$156,300
        2019$6,940 +1.6%$156,300
        2018$6,830 +4.4%$156,300 +1.3%
        2017$6,541 +2.9%$154,270
        2016$6,356 $154,270

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,566/mo
        Principal & interest
        $1941
        Property taxes
        $625
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          Climate risks

          Neighborhood: 06457

          Getting around

          84 / 100
          Very Walkable
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Macdonough
          • High: Middletown

          Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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