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    114 Sherman Ave Meriden, CT 06450

    Pending
    For Sale
    $339,900

    Units On Different Floors, 3 Family - Meriden, CT

    Property size:
    2,522 SF
    Lot size:
    0.08 Acres
    Days on Market:
    137
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 114 Sherman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    1166797
    Parking
    4
    Patio and Porch features
    Porch
    Exterior features
    Porch
    Basement Y/N
    1
    Size
    2,522 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1880
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    New England Realty Associates LLC (203) 631-0832 [email protected]

    Listing agent Douglas St. John (203) 774-4800

    Listing date Jul 22, 2025

    MLS# 24110929 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated 3-Unit Multifamily Investment

    This recently renovated 3-unit multifamily property presents an excellent investment opportunity. The property features two 2-bedroom units and one 1-bedroom unit. All mechanical systems are new. The property is located close to local amenities, public transportation, shopping, and dining. The renovation was completed in 2019, providing a fresh, updated feel throughout the building. New mechanical systems were installed during the renovation, including high-efficiency Navian hot water heaters. The property has been exceptionally well maintained by current ownership. All units are remodeled and require little to no immediate work. The property is situated near major highways and local conveniences, offering seamless access for commuters and daily needs. Ample off-street parking is available for tenants and guests. Separate utilities are provided for each unit. The property size is 2522 square feet on a lot of 0.08 acres. The zoning is R-3. It is located in Meriden, CT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.7889239
    Latitude
    41.5480102

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    FAQs

    What type of property is this?
    Triplex - Recently renovated 3-unit multifamily property in a convenient location.
    Where is this triplex located?
    The property is located at 114 Sherman Ave Meriden, CT.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: - Turnkey Property: Recently renovated in 2019 with remodeled units requiring little to no immediate work.; - Excellent Investment Opportunity: Impressive 3-unit multifamily property with two 2-bedroom units and one 1-bedroom unit.; - Prime Location: Conveniently situated near major highways, local amenities, public transportation, shopping, and dining.
    (203) 774-4800
    Request Owner's contact information
    114 Sherman Ave Meriden, CT 06450
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    Meriden, CT 06450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Sherman Ave Meriden, CT 06450
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