Coming soon 08/26

$325,000

20 Reed Street, New London, CT 06320

5beds

3,134sqft

$2,310/mo

Get pre-qualified

Multi Family

Built in 1870

-- sqft lot

$-- Zestimate^®

$104/sqft

$-- HOA

What's special

Investors take notice! This three-family apartment building is ideally located in downtown New London, offering excellent access to restaurants, shopping, medical facilities, transportation, and the city's beautiful waterfront. The property also includes a detached two-car garage and off-street parking, adding valuable convenience and potential. Bring your vision, creativity, and renovation ideas to restore this property and unlock its full potential. A great opportunity for an investor or owner-occupant seeking a well-located multi-family with room to build equity.

12 days

922

62

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Steam, Gas In Street, Oil

Cooling

None

Appliances

Included: Water Heater, Electric Water Heater

Features

Basement: Full,Unfinished,Sump Pump,Storage Space,Interior Entry
Attic: None
Has fireplace: No

Interior area

Total structure area: 3,134
Total interior livable area: 3,134 sqft
Finished area above ground: 3,134

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Has view: Yes
View description: City

Lot

Size: 6,098 Square Feet
Features: Sloped

Details

Parcel number: 2000056
Zoning: C-1

Construction

Type & style

Home type: MultiFamily
Architectural style: 3updown - Unit(s) per Floor
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Shingle Siding
Foundation: Brick/Mortar, Stone
Roof: Asphalt

Condition

New construction: No
Year built: 1870

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: New London

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $181,800
Annual tax amount: $4,927
Date on market: 8/12/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$5,125 -1.1%	$181,800
2024	$5,181 +31%	$181,800 +76.6%
2023	$3,955 -0.1%	$102,920
2022	$3,958 -1.8%	$102,920
2021	$4,029 -0.6%	$102,920 +0%
2020	$4,053 -4.2%	$102,900
2019	$4,229 +16.7%	$102,900 +28.2%
2018	$3,624 +2%	$80,290
2017	$3,554 +5.8%	$80,290
2016	$3,359 +5.9%	$80,290
2015	$3,171 +15.2%	$80,290
2014	$2,752 -25.8%	$80,290 -40.5%
2013	$3,711 +8.6%	$134,960
2012	$3,416	$134,960
2011	$3,416	$134,960
2010	$3,416 -0.7%	$134,960
2009	$3,440 -4.5%	$134,960 +15.7%
2008	$3,602 +1.4%	$116,620
2007	$3,551 +1.7%	$116,620
2006	$3,490 +4.6%	$116,620
2005	$3,336 +7.3%	$116,620
2004	$3,108 -24.9%	$116,620 -0.3%
2003	$4,141 +75.2%	$116,970 +63.3%
2001	$2,363	$71,610