79 Prospect Street
Norwich, Connecticut 06360
- Beds
- 8
- Baths
- 2 | 1
- SqFt
- 3,123
- Acres
- 0.24
- Year Built
- 1880
- Neighborhood
- Taftville
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Welcome to 79 Prospect Street in Norwich, CT! This fully renovated multi-family property offers a fantastic opportunity for both investors and owner-occupants. With both units empty, the new owner can set their own rents, select their own tenants, or move right in while generating rental income. The first-floor unit features 3 bedrooms and 1 full bathroom, while the spacious second-floor unit offers an impressive 5 bedrooms and 1.5 bathrooms. Both units have been beautifully renovated and are equipped with central air for year-round comfort. With a total of 8 bedrooms, generous living space, and extensive updates already completed, this property is ready for its next owner. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupied multi-family opportunity, 79 Prospect Street is truly move-in and rent-ready!
Key Facts
- City/Town
- Norwich
- Neighborhood
- Taftville
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1880
- Days on Market
- 0 days
- Beds
- 8
- Baths
- 2 full · 1 half
- Living Area
- 3,123 sq ft
- Lot Size
- 0.24 acres
- Property Taxes
- $5,826 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
24
19 under contract
Median List Price
$390,000
24 active listings
Median Closed Price
$340,000
98 sales
Median Days on Market
22
24 active listings
Median $ / Sq Ft
$170
24 active listings
Sale-to-List Ratio
100.8%
98 sales
How this home compares
List Price
$345,000
vs $390,000 median
11.5% below median
Price / Sq Ft
$110
vs $170 median
35.3% below median
Days on Market
0 days
vs 22 days median
22 days fresher than median
Based on 24 active and 98 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of August 14, 2026.
Location
79 Prospect Street, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$1,775
- Property Taxes$486
- Insurance$115
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- Taftville
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 3,123 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Gas In Street
- Cooling
- Central Air
- Fireplaces
- 1
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.24 acres
- Zoning
- MF
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- ClapboardWood
- Roof
- Shingle
- Foundation
- ConcreteStone
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $5,826 / Annually
- Days on Market
- 0
- MLS #
- 24198938
- MLS Status
- Active
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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 8/14/2026. 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 8/14/2026 at 6:06 PM UTC.