367 Ocean Avenue
New London, Connecticut 06320
- Beds
- 5
- Baths
- 2
- SqFt
- 2,180
- Acres
- 0.20
- Year Built
- 1900
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Live in one unit and rent the other! This classic Craftsman-style two-family home offers convenient, single-level living within each unit. The first floor features a spacious open floor plan with a living room, formal dining room, large eat-in kitchen, two bedrooms, a full bath, and hardwood floors throughout. The second-floor unit offers a flexible layout with a living room, kitchen, and two to three bedrooms-or use one room as a formal dining room or home office. Outside, you'll find a large backyard and plenty of off-street parking, with access from both Ocean Avenue and Sun Street. Conveniently located behind Lawrence + Memorial Hospital and just a short walk from Mitchell College and Electric Boat's New London facility. Bring your ideas and tools-this property is ready for some love and finishing touches to unlock its full potential!
Key Facts
- City/Town
- New London
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors,Units are Side-by-Side
- Year Built
- 1900
- Days on Market
- 1 day
- Beds
- 5
- Baths
- 2 full
- Living Area
- 2,180 sq ft
- Lot Size
- 0.20 acres
- Property Taxes
- $4,640 / Annually
Market Snapshot
The New London Market
Multi-Family · trailing 12 months
Active Listings
15
9 under contract
Median List Price
$499,900
15 active listings
Median Closed Price
$366,250
46 sales
Median Days on Market
22
15 active listings
Median $ / Sq Ft
$195
15 active listings
Sale-to-List Ratio
101.2%
46 sales
How this home compares
List Price
$350,000
vs $499,900 median
30.0% below median
Price / Sq Ft
$161
vs $195 median
17.4% below median
Days on Market
1 day
vs 22 days median
21 days fresher than median
Based on 15 active and 46 closed sales (trailing 12 mo) of multi-family in New London. Source: SmartMLS · As of September 10, 2026.
Location
367 Ocean Avenue, New London, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 3, 2026per month
- Principal & Interest$1,809
- Property Taxes$387
- 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,Units are Side-by-Side
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 2,180 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Steam
- Heat Fuel
- Oil
- Cooling
- None
- Laundry
- Basement Hook-Up(s)
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.20 acres
- Zoning
- R-1A
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- Tan
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- City Views
Listing & Financials
- Property Taxes
- $4,640 / Annually
- Days on Market
- 1
- MLS #
- 24200113
- MLS Status
- Active
Similar Properties
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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 9/10/2026. 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 9/10/2026 at 2:15 AM UTC.