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MLS 24193288 For Sale Updated September 19, 2026
36 Cleveland Street

New London, Connecticut 06320

$389,900
On market 8 days
36 Cleveland Street
1 / 40

About This Property

Huge 1900s multi-family in great New London location. 3,533 square feet across 10 total rooms, with 8 bedrooms and 3 full baths between the units. First and second floor units are currently tenant-occupied - Unit 1 (1,428 sq ft) and Unit 2 (1,289 sq ft), each with 3 bedrooms and 1 full bath - delivering immediate rental income from day one. Both include oven/range and refrigerator. The property sits on a level corner lot with a covered porch, gutters, and a detached one-car garage plus additional parking space, a valuable feature for multi-family in this area. Steam heat (oil-fueled) with a tankless water heater and public water/sewer service (in street) round out the utilities. Ideally located near C.B. Jennings Elementary, Dover-Jackson Middle, and New London High School, with nearby access to basketball courts, commuter bus, golf, library, medical facilities, parks, and private schools. A strong opportunity for an investor to add a fully occupied, cash-flowing two-family with 3rd floor expansion to their portfolio in a walkable New London neighborhood. Being sold As Is.

Property Details

Interior

Heat
Steam — Oil
Cooling
None
Basement
Full,Unfinished

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Exterior Features
Porch-Wrap Around Porch Gutters
Lot Description
Corner Lot Level Lot
Garage & Parking
Detached Garage Paved On Street Parking Driveway

Utilities & Systems

Water Source
Public Water In Street
Sewer
Public Sewer In Street

Community & Schools

Elementary
C. B. Jennings
Middle
Dover Jackson
High
New London
Nearby Amenities
Basketball Court Commuter Bus Golf Course Library Medical Facilities Park Private School(s)

36 Cleveland Street

New London , Connecticut 06320

$389,900

On market 8 days

Beds
8
Baths
3
SqFt
3,533
Type
Multi-Family
County New London
Garage 1
Rooms -
Lot Size 0.13 Acres
Property Tax $5,970
Assessed Value $220,300
Year Built 1900
Style Units on different Floors
Zoning R-2
Parking Spaces 2

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: KWLP02.

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