313 Central Avenue
Norwich, Connecticut 06360
- Beds
- 5
- Baths
- 3
- SqFt
- 2,560
- Acres
- 0.13
- Year Built
- 1880
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
STOREFRONT COMMERCIAL AND MULTI FAMILY ALL IN ONE. CONVENIENT AND DOWN TOWN LOCATION. 2 UNITS. UNIT ONE HAS A STOREFRONT AND 1 BEDROOM 2 BATHROOMS ON MAIN FIRST FLOOR LEVEL. UNIT 2 HAS 4 BEDROOM 1 BATH LOCATED ON SECOND FLOOR. POSSIBLE EXPANSION TO SEPARATE STOREFRONT THUS CREATING A 3 UNIT DWELLING. PROPERTY HAS SIDE YARD WITH A SHED AND 1 CAR GARAGE THIS IS IN NEED OF REPAIRS. THIS IS AN OPPORTUNITY FOR A OWNER OCCUPIED BUSINESS OR INVESTORS TO TAKE NOTICE.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1880
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 2,560 sq ft
- Lot Size
- 0.13 acres
- Property Taxes
- $4,030 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
17
26 under contract
Median List Price
$350,000
17 active listings
Median Closed Price
$340,000
96 sales
Median Days on Market
27
17 active listings
Median $ / Sq Ft
$170
17 active listings
Sale-to-List Ratio
101.0%
96 sales
How this home compares
List Price
$319,000
vs $350,000 median
8.9% below median
Price / Sq Ft
$125
vs $170 median
26.5% below median
Days on Market
0 days
vs 27 days median
27 days fresher than median
Based on 17 active and 96 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of August 20, 2026.
Location
313 Central Avenue, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$1,642
- Property Taxes$336
- Insurance$106
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 2,560 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Norwich Free Academy
Interior
- Heating
- Steam
- Heat Fuel
- Natural Gas
- Cooling
- None
- Laundry
- Hook-Up In Unit 1
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.13 acres
- Zoning
- MF
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Masonry
- Exterior Features
- Sidewalk
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $4,030 / Annually
- Days on Market
- 0
- MLS #
- 24200773
- 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 8/20/2026. 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 8/20/2026 at 7:25 PM UTC.