Open House 6/7 12pm - 2pm
324 Washington Street
Middletown, CT, 06457 $ 529,900
Bedrooms6 Baths3.0 Sq 2,636 Monthly Estimate*
$ 3,263
for $529,900 with 6 bedrooms and 3 full baths. This 2,636 square foot home was built in 1829 on a lot size of 0.39.
Rarely does an opportunity come along that offers this level of flexibility, lifestyle, and income potential all in one exceptional property. Completely renovated from top to bottom just a few years ago, this stunning home combines modern finishes, thoughtful design, and turnkey convenience with virtually every major component already updated - allowing you to focus on enjoying the property rather than maintaining it. Whether you're seeking a spacious owner-occupied residence, a multigenerational setup, or a high-performing investment, the possibilities here are remarkable. The current upper-level short-term rental is generating over $50,000 annually and has become a favorite among guests thanks to its unique character, custom artwork, inviting atmosphere, and unbeatable location. Situated in one of Middletown's most desirable areas, you'll enjoy the ability to walk to Wesleyan University, vibrant downtown Middletown, award-winning restaurants, boutique shopping, breweries, entertainment venues, and the scenic Connecticut River waterfront and Riverwalk. Commuters will appreciate convenient access to Routes 9, 66, 91, and other major thoroughfares. Outside, the property continues to impress with extensive parking, a newly paved driveway, beautiful landscaping, multiple new decks, private patio spaces, and a luxurious outdoor retreat featuring a hot tub lounge area complete with television, privacy shades, and a resort-like feel perfect for relaxing or entertaining. Versatile to say the least, the first floor is perfect for owner occupancy and depending on your needs, the home offers the flexibility for up to seven bedrooms, abundant closet space, and generous living areas throughout. An additional value-add opportunity may exist for the next owner to acquire the fully furnished short-term rental setup, creating a truly turnkey investment from day one. Properties offering this combination of location, condition, versatility, income production, and lifestyle amenities are exceptionally difficult to find. Whether you're looking to offset your mortgage, expand your portfolio, or simply enjoy a beautifully renovated home in the heart of Middletown, this is an opportunity that deserves your attention.
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Open House
6/7/2026 12:00 PM - 2:00 PM
324 Washington Street Middletown, CT
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralZoning MXC
Neighborhood N/A
County Middlesex
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Coming Soon
Acres 0.39
Directions Per GPS
High School Middletown
City Middletown
Elementary School Macdonough
Sq Ft Total 2636
Year Built 1829
Style Units on different Floors
Year Built Source Public Records
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InteriorCooling System Central Air
Total Number of Units 2
Total Rooms 10
Basement Description Full Unfinished Sump Pump Storage Interior Access Concrete Floor Full With Walk-Out
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ExteriorWater Source Public Water Connected
Lot Description City Views
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* Excluded FeaturesList ByTyler PhelpsListing Agent
Tyler@LeverageTeamCT.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,263
- Monthly Property Taxes
- $1,025
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Middletown, CT
Average List Price $690,553
Percent of Sale Price 30%
About Middletown, CT 47,363 Population
10% Since 2002
$ 64,327 Median Income
38.67 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4475045 Elementary School
4619834 Middle School
Middletown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/2/2026 | $529,900 | | Listed Price |