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    55 Sherman Ave New Haven, CT 06511

    Pending
    For Sale
    $649,900

    4 Family - Units On Different Floors,4updown - Unit(s) Per Floor

    Property size:
    4,976 SF
    Lot size:
    0.11 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 55 Sherman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RM2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    1255022
    Parking
    4
    Exterior features
    Sidewalk
    Basement Y/N
    1
    Size
    4,976 SF
    Lot size
    0.11 Acres

    Utilities

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

    Building Details

    Year built
    1925
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Right Choice (203) 268-1118 [email protected]

    Listing agent Eric Schuell (203) 877-0618

    Listing date Dec 2, 2025

    MLS# 24126250 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

    Four-Unit Multifamily Investment Property

    This fully rented 4-unit investment property is located within walking distance of Yale New Haven Hospital and St. Raphael's Campus. Each unit features 2 bedrooms, 1 bath, a living room, a dining room, and an eat-in kitchen. The property includes separate utilities for each unit. An unfinished basement provides extra storage space. Off-street parking is available. The property offers convenient access to highways and downtown New Haven. The lot size is 0.11 acres and the property size is 4976 square feet. The zoning is RM2. This is a turnkey opportunity in an in-demand location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9458249
    Latitude
    41.3073874

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    FAQs

    What type of property is this?
    Quadplex - Fully rented investment property near Yale New Haven Hospital.
    Where is this quadplex located?
    The property is located at 55 Sherman Ave New Haven, CT.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Fully rented 4-unit investment property.; - Located within WALKING DISTANCE from Yale New Haven Hospital and St. Raphael's Campus.; - Each unit has 2 bedrooms, 1 bath, living room, dining room, and an eat-in kitchen.
    (203) 877-0618
    Request Owner's contact information
    55 Sherman Ave New Haven, CT 06511
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    New Haven, CT 06511
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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
    55 Sherman Ave New Haven, CT 06511
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