Two-Family Home - Investment or Owner-Occupant Opportunity. Spacious two-family home located near the heart of downtown Portland, offering a flexible opportunity for both investors and owner-occupants. Each unit provides comfortable living space with separate utilities and plenty of natural light. Conveniently situated along Main Street, this property is close to local shops, restaurants, schools, and town amenities. Downtown Portland and the Connecticut Riverfront are just minutes away, as are several local golf courses and public parks. The location provides easy access to Route 66, Middletown, and surrounding towns. Portland continues to see steady growth with new mixed-use and commercial developments. This ongoing investment in the community supports strong long-term value for both homeowners and rental investors.
For sale
Price cut: $4.9K (11/24)
$439,999
548 Main Street, Portland, CT 06480
5beds
2,615sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$424,800 Zestimate®
$168/sqft
$-- HOA
What's special
Comfortable living spacePlenty of natural lightSeparate utilities
- 74 days |
- 1,055 |
- 41 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 07:19am
Listed by:
Karandeep Singh (571)265-3402,
Ironclad Real Estate 860-956-6825
Source: Smart MLS,MLS#: 24136708
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Partial,Unfinished
- Attic: None
Interior area
- Total structure area: 2,615
- Total interior livable area: 2,615 sqft
- Finished area above ground: 2,615
Property
Parking
- Parking features: None
Lot
- Size: 0.49 Acres
Details
- Parcel number: 1034820
- Zoning: r10
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $160,790
- Annual tax amount: $5,676
- Date on market: 10/29/2025
Estimated market value
$424,800
$404,000 - $446,000
$2,056/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Price change | $439,999-1.1%$168/sqft |
Source: | ||
| 11/17/2025 | Price change | $444,900-1.1%$170/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $449,900+50%$172/sqft |
Source: | ||
| 11/9/2023 | Sold | $300,000+71.4%$115/sqft |
Source: Public Record Report a problem | ||
| 3/5/2018 | Sold | $175,000+105.9%$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,676 -12.2% | $160,790 |
| 2024 | $6,462 +24.2% | $160,790 +0.3% |
| 2023 | $5,203 +0.1% | $160,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,968/mo
Principal & interest
$2117
Property taxes
$697
Home insurance
$154
Climate risks
Neighborhood: 06480
Nearby schools
GreatSchools rating
- 9/10Gildersleeve SchoolGrades: 2-4Distance: 0.1 mi
- 7/10Portland Middle SchoolGrades: 7-8Distance: 0.8 mi
- 5/10Portland High SchoolGrades: 9-12Distance: 0.7 mi
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