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New Haven Multifamily Investment Property

61 Stevens Street New Haven, CT 06519

61 Stevens Street, New Haven, CT, 06519
$499,000
For Sale
Claim this Listing
$499,000

MULTI_FAMILY - New Haven, CT

Property Size2,046 SF
Lot Size0.08 Acres
Price / SF$243.89
AddedMay 17
Days on Market60
Last RefreshJul 15 at 6:06 pm

Property Features for 61 Stevens Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Basement
Basement
Full
Standard status
Active
Size
2,046 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
6797

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1900
Architectural style
Other

Listing agent Xiaoming Li

Listing office Real Broker CT, LLC 100 Pearl Street, 14th Floor, Hartford, CT

Listing date May 17, 2026

MLS# 24176218 Listing URL

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 well-maintained two-family house is located in New Haven, CT. The property, renovated in 2019, offers an investment opportunity with both units currently occupied. The building has 2046 square feet of space and is situated on a lot of approximately 0.08 acres. Laundry facilities, including a washer and dryer, are available in the basement for both units. The property is zoned RM2.

Key Highlights

  • Well maintained 2‑family house with both units currently occupied
  • Renovated in 2019
  • Public water and public sewer

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.8k $25.80
− Vacancy −$3.6k −$1.75
EGI $49.2k $24.05
− OpEx −$14.8k −$7.21
NOI $34.4k $16.83
2,046 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$492.0K
$430.5K – $574.0K (±1% cap)
NOI $34,438 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$457.8K
$400.6K – $534.1K (±1% cap)
NOI $32,046 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$658.1K
$575.9K – $767.8K (±1% cap)
NOI $46,070 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Accounting Firm Tattoo & Piercing Shop Acupuncture (Bike/Boat/Book/etc) Store Locksmith Fish Market Butcher Florist (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Well-maintained, renovated two-family house in New Haven.
Where is this duplex located?
The property is located at 61 Stevens Street New Haven, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Well maintained 2‑family house with both units currently occupied; Renovated in 2019; Public water and public sewer
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More about this property
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