VC Property Group is proud to present a two-parcel assemblage in Deep River, Connecticut, offering stabilized mixed-use income with residential value and land optionality. The assemblage includes: 87 Main Street - a parcel improved with: a Newer Construction Single Family Residence and a 5-unit mixed-use building (four residential apartments and one retail unit) 55 Prospect Street - a contiguous 0.3 acre vacant parcel. Located within the Lower Connecticut River Valley, the property benefits from proximity to the highly desirable river towns of Chester and Essex, markets known for limited inventory, strong residential demand, and vibrant historic village centers. Deep River captures demand spillover from buyers and renters priced out of these neighboring markets. The property is strategically located just 0.4 miles from Downtown Deep River and approximately 1 mile from Downtown Chester, providing convenient access to restaurants, boutique retail, and waterfront amenities. Together, the properties create a flexible investment opportunity combining current income with residential and land-based value creation. The adjacent lot may be reconfigured through a municipal lot line adjustment and combined with the single-family residence, supporting a potential standalone residential sale estimated around $750,000. Alternatively, the parcel may be retained for future single-family development.
For sale
$1,350,000
87 Main Street, Deep River, CT 06417
7beds
3,787sqft
Est.:
Multi Family
Built in 1850
-- sqft lot
$-- Zestimate®
$356/sqft
$-- HOA
What's special
- 12 days |
- 518 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 03:40pm
Listed by:
Anthony Velez (860)300-3102,
VC Property Group, LLC 860-300-3102
Source: Smart MLS,MLS#: 24158639
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,787
- Total interior livable area: 3,787 sqft
- Finished area above ground: 3,787
Property
Lot
- Size: 0.44 Acres
- Features: Level
Details
- Parcel number: 961929
- Zoning: VMU
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Deep River
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $374,990
- Annual tax amount: $11,992
- Date on market: 3/10/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listed for sale | $1,350,000+203.4%$356/sqft |
Source: | ||
| 9/15/2016 | Sold | $445,000$118/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,992 +1.3% | $374,990 |
| 2024 | $11,842 +5.7% | $374,990 |
| 2023 | $11,205 +3.1% | $374,990 |
| 2022 | $10,867 -2% | $374,990 |
| 2021 | $11,092 -0.5% | $374,990 +0.9% |
| 2020 | $11,149 +1.9% | $371,770 |
| 2019 | $10,937 | $371,770 |
| 2018 | $10,937 +1.7% | $371,770 |
| 2017 | $10,752 +5.1% | $371,770 |
| 2016 | $10,235 | $371,770 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,219/mo
Principal & interest
$7081
Property taxes
$2138
More affordability tools
Climate risks
Neighborhood: Deep River Center
Nearby schools
GreatSchools rating
- 7/10Deep River Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10John Winthrop Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Valley Regional High SchoolGrades: 9-12Distance: 1.6 mi






