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Three-Unit Multifamily Property
For Sale
$439,000

102 Franklin Street, Meriden, CT 06450

Multi-Family For Sale, 3updown - Unit(s) per Floor, Meriden, CT

Property Size3,008 SF
Lot Size0.09 Acres
Price / SF$145.94
Days on Market134

Property Features for 102 Franklin Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 7, Basement, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3
Parking 5
Basement Unfinished, Full
Lot features Level Lot
Elementary school Per Board of Ed
High school Per Board of Ed
Directions Franklin
Standard status Active
Size 3,008 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4657

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1895
Architectural style Other
Listing Agency: Serhant Connecticut, LLC
Listed By: Arian Hoxha · License #RES.0815860
Added: Apr 20 Changed: Aug 30 Last Checked: Aug 31 at 7:06AM
MLS# 24168640

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3008-square-foot triplex contains two 3-bedroom, 1-bath apartments and a 1-bedroom, 1-bath third-floor apartment. Separate utilities serve each unit, and the property also includes a basement. Window unit cooling is provided, with public water and public sewer serving the building.

Constructed in 1895, the property occupies 0.09 acres in Meriden, Connecticut, under R-3 zoning. The location provides access to local amenities, transportation, and shopping. Showings are available by appointment with 24-hour notice.

Key Highlights

  • Three‑unit configuration with two 3‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • 3008 square feet on a 0.09‑acre lot
  • Separate utilities for each residential unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,232
Businesses Nearby

Demographics for 06450, CT

36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer separate utilities, varied bedroom counts, and a basement within R-3 zoning.
Where is this triplex located?
The property is located at 102 Franklin Street Meriden, CT.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Three‑unit configuration with two 3‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 3008 square feet on a 0.09‑acre lot; Separate utilities for each residential unit
More about this property
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