$389,900

4 Commerce St Portland, CT 06480

$4,630
Closing credit¹
4 beds
2 full, 1 partial
2,891 sqft
0.3 acres
$135 / sqft
Multi-Family

Property details

About 4 Commerce St

Welcome to 4 Commerce Street, a rare opportunity to own a beautifully updated and well-maintained 2-family home offering 2,475 square feet of living space, perfectly situated on a quarter-acre lot in the heart of Portland. This versatile property features two spacious 2-bedroom, 1-bathroom units, each with excellent floorplans and updated finishes. The lower-level unit also boasts an additional 416 sq ft of finished space in the basement along with an additional half bath - ideal for extra storage, recreation, or a home office. Lovingly cared for and owner-occupied by the same family for over 35 years, this home shines with pride of ownership. You'll love the large, fenced-in backyard complete with an above-ground pool, perfect for summer fun and entertaining. This home also has an oversized, heated one car garage, 2 separate driveways, and a brand new 35 year roof! Located in the B3 zone, this property offers exciting flexibility for potential commercial use or conversion to a single-family home-giving you options for investment, business, or multigenerational living. Enjoy the convenience of being just steps to shopping, dining, schools, and more in one of Portland's most walkable and desirable neighborhoods. With great mechanicals, thoughtful updates, and excellent long-term potential, this property is a smart addition to any portfolio or a fantastic place to call home.

Highlights

Home typeMulti Family
HeatingHot Water
StatusActive
CoolingHeat Pump
Size2,891 sqft
BasementYes
Lot size0.25 Acres
Year built1948
ParkingAttached Garage
MLS #24086286
Attached garage1 space
Private poolYes

Summary

  • MLS Number: 24086286
  • Office Name: Carl Guild & Associates
  • Office Phone: (860) 474-3500
  • Office Email: carlguild@gmail.com
  • Listing Agent: Carl Guild

IDXCopyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a garage, a chimney, aphalt driveway, a front lawn, and roof with shingles

$389,900

4 Commerce St

$4,630

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 15, 1989
Home Sold
$190,000

Tax history

YearAssessmentProperty Tax
2024$158,480$5,436
2023$158,480$5,144
2022$158,480$5,141
2021$127,330$4,458
2020$127,330$4,378
2019$127,330$4,305

History based on county public records data.

Nearby schools

4

Macdonough School

Public District KG-5

1.0 mi

66 Spring St

7

Gildersleeve School

Public District 2-4

1.5 mi

565 Main St

3

Spencer School

Public District KG-5

2.1 mi

207 Westfield St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,437. The majority of Portland, CT residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

27%
<35k
46%
35k-100k
26%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
10%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • College BasketballCollege Basketball
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • DillardsDillards
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Logan's RoadhouseLogan's Roadhouse
  • ChipotleChipotle

What do the neighbors drive?

  • OldsmobileOldsmobile
  • HyundaiHyundai
  • MazdaMazda

What do the neighbors listen to?

  • NewsNews
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 4 Commerce St in Portland, CT and zip code 06480. This 2,891 square foot home, which was built in 1948, sits on a 0.25 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $389,900.

In March 2025, from all listings sold in Portland, CT there were more than 3 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. The number of listings in Portland, CT decreased by 17.6% between February and March 2025.

From Rocket Homes Real Estate and based on county public records data.

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