8 Midway Oval
Groton, Connecticut 06340
- Beds
- 4
- Baths
- 2
- SqFt
- 1,542
- Acres
- 0.23
- Year Built
- 1942
- Neighborhood
- Poquonock Bridge
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Whether you're looking to expand your investment portfolio or searching for a home with income-producing potential, this well-maintained two-family property is an opportunity you won't want to miss. Currently occupied by tenants, it offers immediate rental income for investors, while the potential to convey with one vacant unit provides the flexibility for owner-occupants to move right in and offset their mortgage with rental income. Conveniently located just minutes from major highways, shopping, dining, and everyday amenities, this property offers an ideal location. Whether you're investing today or planning to call one unit home, this versatile property checks all the boxes!
Key Facts
- City/Town
- Groton
- Neighborhood
- Poquonock Bridge
- Property / Style
- Multi-Family · Units are Side-by-Side
- Year Built
- 1942
- Days on Market
- 4 days
- Beds
- 4
- Baths
- 2 full
- Living Area
- 1,542 sq ft
- Lot Size
- 0.23 acres
- Property Taxes
- $3,875 / Annually
Market Snapshot
The Groton Market
Multi-Family · trailing 12 months
Active Listings
3
6 under contract
Median List Price
$525,000
3 active listings
Median Closed Price
$447,500
16 sales
Median Days on Market
5
3 active listings
Median $ / Sq Ft
$218
3 active listings
Sale-to-List Ratio
102.2%
16 sales
How this home compares
List Price
$325,000
vs $525,000 median
38.1% below median
Price / Sq Ft
$211
vs $218 median
In line with median
Days on Market
4 days
vs 5 days median
1 day fresher than median
Based on 3 active and 16 closed sales (trailing 12 mo) of multi-family in Groton. Source: SmartMLS · As of July 28, 2026.
Location
8 Midway Oval, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,657
- Property Taxes$323
- Insurance$108
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- Neighborhood
- Poquonock Bridge
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units are Side-by-Side
- Year Built
- 1942
- New Construction
- No/Resale
- Living Area
- 1,542 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- None
- Basement
- None
Exterior & Lot
- Lot Size
- 0.23 acres
- Zoning
- R-12
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Block
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $3,875 / Annually
- Days on Market
- 4
- MLS #
- 24194102
- MLS Status
- Under Contract
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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 5:15 AM UTC.