40 Elm Street, Willimantic, CT 06226
OFF MARKET

40 Elm Street
Willimantic, CT 06226

  • 8 Beds
  • 4 Baths
  • 4,808 sqft

$514,900

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $3,439/mo*
Refinance Your Home

$514,900

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $3,439/mo*
Refinance Your Home
8 Beds
4 Baths
4,808 sqft

Local Information

  • Map ViewExplore the area around 40 Elm Street.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1930
Living Area
4,808 sqft
Price/Sqft
$107
Parking
Garage

About this House

ATTENTION INVESTORS!!! This incredible 10 CAP investment Opportunity for 4 units across 2 2-family properties may be exactly what you're looking for!!! Discover the potential in this centrally located low overhead property. With strong rental demand from nearby ECSU, Uconn and in the general market, vacancy will not be a problem. Tenant amenities include large backyards, with privacy and gardens. Conveniently walkable to downtown, near bus lines and ideal for investors or renovation-minded buyers looking to restore charm and build equity. Off street parking, long term tenants, and under market rents make this a Value-add asset. Add 2 more bedrooms to the top floor units and consider pro-forma rents. These are stable in place, but the sky is the limit. Combine with other listed Willimantic properties: Pleasant St., Jackson St., and Chapman St. as a 17 unit portfolio. GOI:63,000 Expenses: 10,868 NOI: 52,132 10CAP PRO Forma NOI: 77,932!!! floor plans available**
40 Elm Street, Willimantic, CT 06226 is a 8 bedroom, 4 bathroom, 4,808 sqft multi-family built in 1930. It last sold for the $484,999 asking price on Oct 1, 2025. It is currently off market. The Trulia Estimate is $514,900, with a rent estimate of $1,425/month.

Home Details for 40 Elm Street

Interior Features

Interior Details
Basement: FullNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4808 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Water HeaterLaundry: In Basement
Heating & Cooling
Heating: Hot Water,Natural Gas,OilHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Concrete Perimeter, StoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4808 Square Feet

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Units on different Floors,Other
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 2290578

Price & Status

Price
List Price: $484,999
Status Change & Dates
Off Market Date: Thu Aug 21 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Windham
School Information
Elementary School: Per Board of EdHigh School: Per Board of Ed

Building

Building Area
Building Area: 4808 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10018.8 sqft

Miscellaneous

BasementMls Number: 24100884Attic: NoneAbove Grade Unfinished Area: 4808
Last check for updates: about 14 hours ago
Listed by Robyn Letourneau, (860) 918-3945
Berkshire Hathaway NE Prop., (860) 267-4481
Bought with: Michael LeBoeuf, (401) 862-1707, Keller Williams Realty Leading Edge, (401) 333-4900
Source: Smart MLS, MLS#24100884

Price History for 40 Elm Street

DatePriceEventSource
10/01/2025$485,000Sold
Smart MLS #24100884
08/21/2025$484,999PendingSmart MLS #24100884
07/18/2025$484,999PendingToActiveBerkshire Hathaway HomeServices New England Properties #24100884
07/16/2025$484,999ContingentBerkshire Hathaway HomeServices New England Properties #24100884
06/30/2025$484,999Listed For SaleSmart MLS #24100884
02/01/2023$236,000Sold
N/A
06/17/1998$55,000Sold
N/A

Market trends in Willimantic

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
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Property Tax and Assessment

Year2025
Tax$6,613
Assessment$178,640
Home facts updated by county records

Comparable Sales for 40 Elm Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
251 Jackson Street, Willimantic, CT
0.22
Multi-Family Home
$510,000
08/22/25
12
4
2,750
85 Lewiston Avenue, Willimantic, CT
0.42
Multi-Family Home
$436,000
08/12/25
8
3
3,913
21 Lewiston Avenue, Willimantic, CT
0.29
Multi-Family Home
$385,000
05/28/26
8
3
3,192
61 Oak Street, Willimantic, CT
0.36
Multi-Family Home
$436,000
02/13/26
7
4
2,769
37 Manners Avenue, Willimantic, CT
0.46
Multi-Family Home
$550,000
06/26/26
8
4
4,824
295 Jackson Street, Willimantic, CT
0.25
Multi-Family Home
$323,000
01/22/26
6
2
2,576
85 Oak Street, Willimantic, CT
0.36
Multi-Family Home
$330,000
08/19/25
8
2
2,910
59 Chestnut Street, Willimantic, CT
0.64
Multi-Family Home
$435,000
03/23/26
8
3
3,307

Nearby homes

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Assigned Schools

These are the assigned schools for 40 Elm Street.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Willimantic

At least 122 Trulia users voted on each feature.

  • 83 % Say it's dog friendly

  • 78 % Say there are sidewalks

  • 77 % Say parking is easy

  • 73 % Say it's walkable to restaurants

  • 70 % Say kids play outside

  • 68 % Say car is needed

  • 68 % Say it's walkable to grocery stores

  • 66 % Say streets are well-lit

  • 65 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 54 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 44 % Say it's quiet

  • 44 % Say there are community events

  • 39 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Tjflaherty29
    "Plenty of nice places to walk your dogs. Always get safe walking around here. Only issues are when people don’t leash there dogs but that’s anywhere really."
    1
    Flag
  • Debora.escalona
    "I have to drive at least 25 min to get to most places outside of here. Don’t really see public transportation, not very walkable. "
    4
    Flag
  • Aaron D.
    "Densely populated area. Never have any issues living here. Well situated from major cities but also feels very country. "
    1
    Flag
  • Flor R.
    "My neighborhood is quiet and neighbors are friendly. Could benefit from more lighting around. Is dark at night."
    1
    Flag
  • Liz S.
    "Me as a dog owner love this area cause everyone respect when you are walking your dog or at a park. People have their dog on leash. This neighborhood need a dog park."
    0
    Flag
  • Flor R.
    "Is a nice neighborhood just wish the city would provide more lighting since us really dark at night. "
    0
    Flag
  • Flor R.
    "Great town but public transport needs to increase and get better. For the most part you will need a car."
    0
    Flag
  • Kyle
    "Long time resident of Willi. I've never had a problem here. I think of it as the oasis to the surrounding farmland"
    5
    Flag
  • L s
    "overall it's pretty quiet and you see people walking their dogs. we have a lot of university students walking and enjoying themselves on the weekends. police servaillance is a plus. lots of young kids in the neighborhood "
    0
    Flag
  • Kennyacalzada
    "The dog owner maintained the areas clean!! Never I see trash in my area or in the neighborhood area!! "
    0
    Flag
  • Flor R.
    "Is a nice family oriented neighborhood. Everything is close and accessible ,schools, agencies, grocery stores."
    1
    Flag
  • Pweissenborn84
    "Willimantic is a racially diverse small college town in New England with lots of historic Victorian buildings. It also has high poverty and drug use due to poor employment opportunities."
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Willimantic, CT

Explore by feature - Air Conditioning

12 rentals with air conditioning in Willimantic, CT

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Homes for sale near 40 Elm Street

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Off Market Homes Near 40 Elm Street

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.