Renovated Multifamily with Flexible
93 Porter Street New Haven, CT 06519
New
For Sale
$645,000
MULTI_FAMILY - New Haven, CT
Property Size3,225 SF
Lot Size0.18 Acres
Price / SF$200
Days on Market5
Property Features for 93 Porter Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM1
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 1
- Patio and Porch features
- Porch
- Exterior features
- Porch-Screened,Porch-Enclosed,Fruit Trees,Gazebo,Porch,Gutters
- Basement
- Full, Unfinished, Concrete
- Standard status
- Active
- Size
- 3,225 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10770
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1920
- Architectural style
- Other
- Additional Structures
- Gazebo
Listing Agency:
Real Broker CT, LLC
(855) 450-0442
Listed By:
Jennifer D'Amato · License #REB.0788209
(203) 605-7865
Added: Jul 20
Changed: Jul 23
Last Checked: Jul 24 at 5:06PM
MLS# 24191374
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 renovated multifamily building features bright, open layouts across three floors. The first and second floors each provide generous 3-bedroom configurations. The third floor stands out as part of a combined second-and-third-floor apartment, described as a private, self-contained retreat with its own fireplace, kitchenette, bathroom with jacuzzi tub, and in-unit laundry.
The property is located in New Haven, CT on a peaceful cul-de-sac, minutes from Yale New Haven Hospital, and centrally positioned between downtown New Haven, Westville, and the University of New Haven.
With the second and third floor set up as a combined apartment, the arrangement is presented as flexible for different owner-occupant or multi-unit scenarios, including potential conversion to additional units, subject to applicable requirements.
The property is located in New Haven, CT on a peaceful cul-de-sac, minutes from Yale New Haven Hospital, and centrally positioned between downtown New Haven, Westville, and the University of New Haven.
With the second and third floor set up as a combined apartment, the arrangement is presented as flexible for different owner-occupant or multi-unit scenarios, including potential conversion to additional units, subject to applicable requirements.
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 | $83.2k | $25.80 |
| − Vacancy | −$5.7k | −$1.75 |
| EGI | $77.5k | $24.05 |
| − OpEx | −$23.3k | −$7.21 |
| NOI | $54.3k | $16.83 |
3,225 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$775.5K
$678.5K – $904.7K
NOI $54,283 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$721.6K
$631.4K – $841.9K
NOI $50,512 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.04M
$907.7K – $1.21M
NOI $72,618 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated multifamily property with three floors, including 3-bedroom units and a combined private second/third-floor apartment.
Where is this duplex located?
The property is located at 93 Porter Street New Haven, CT.
What is the asking price?
The asking price for this property is $645,000.
