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57 Garfield Avenue

New London, Connecticut 06320

PENDING$350,000
Beds
4
Baths
2
SqFt
2,244
Acres
0.20
Year Built
1893
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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About This Home

Unlock your vision with this 2-family home in New London, CT, perfectly positioned near parks and downtown businesses. With current month-to-month leases, the transition to your next chapter is seamless. The adjacent lot offers possibilities for expansion, and recent mechanical updates ensure a solid foundation for your investment. Tenant occupied so please respect their privacy as you view the home.

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1893
Days on Market
26 days
Beds
4
Baths
2 full
Living Area
2,244 sq ft
Lot Size
0.20 acres
Property Taxes
$3,637 / Annually

Market Snapshot

The New London Market

Multi-Family · trailing 12 months

Median Days on Market

100

8 active listings

Median $ / Sq Ft

$193

8 active listings

Sale-to-List Ratio

100.0%

52 sales

How this home compares

List Price

$350,000

vs $972,500 median

64.0% below median

Price / Sq Ft

$156

vs $193 median

19.2% below median

Days on Market

26 days

vs 100 days median

74 days fresher than median

Based on 8 active and 52 closed sales (trailing 12 mo) of multi-family in New London. Source: SmartMLS · As of July 28, 2026.

Location

57 Garfield Avenue, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,205

per month

  • Principal & Interest$1,785
  • Property Taxes$303
  • Insurance$117
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
New London
Neighborhood
N/A
County
New London

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1893
New Construction
No/Resale
Living Area
2,244 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Gas on Gas
Cooling
Window Unit
Basement
FullStorage

Exterior & Lot

Lot Size
0.20 acres
Zoning
res
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Other
Roof
Asphalt Shingle
Foundation
Stone
Lot Description
Corner Lot

Listing & Financials

Property Taxes
$3,637 / Annually
Days on Market
26
MLS #
24188361
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Richard Bates

(860) 917-9111

CENTURY 21 Shutters & Sails

(860) 331-1510

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 7:45 AM UTC.