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    55 Sherman Ave New Haven, CT 06511

    New
    Pending
    For Sale
    $649,900

    Commercial For Sale - New Haven, CT

    Property size:
    4,976 SF
    Lot size:
    0.11 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 55 Sherman Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RM2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    1255022
    Parking
    4
    Interior features
    Living Space Available
    Exterior features
    Sidewalk
    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
    Floors in Building
    2
    Flooring type
    Vinyl, Wood
    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# 24129487 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

    New Haven Investment Property

    This is a fully rented 4-unit investment property. 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 additional storage space. Off-street parking is available. The property is conveniently located with access to highways and downtown New Haven. It is situated within walking distance of Yale New Haven Hospital and St. Raphael's Campus. The lot size is 0.11 acres, and the property size is 4976 square feet. The zoning is RM2.
    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 4-unit 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.; - Prime location within walking distance of Yale New Haven Hospital and St. Raphael's Campus.; - Each unit features 2 bedrooms, 1 bath, living room, dining room, and eat-in kitchen.
    (203) 877-0618
    Request Owner's contact information
    55 Sherman Ave 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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