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Renovated Three-Unit Triplex
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108 Derby Ave, Derby, CT 06418

Legal multifamily property with separate utility metering and a varied three-unit bedroom mix.

Property SizeContact for details
Days on Market144

Property Features for 108 Derby Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Christie’s International Real Estate
Listed By: Bryan Lanza · License #NY 10401287317
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 8:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christie’s International Real Estate

Investment Insights

Based on property information with market context.

This legal triplex contains three residential units and was comprehensively renovated in mid-2017. The configuration includes a four-bedroom, one-bath unit; a four-bedroom, two-bath unit; and a one-bedroom, one-bath unit. The property is reported as 100% occupied, with tenants responsible for their own separately metered utilities while the owner pays water.

Located at 108 Derby Ave in Derby, Connecticut, the property is within walking distance of train service. Its three-unit layout, established occupancy, and distinct unit configurations provide a clear multifamily operating profile. The property also carries an 8% cap rate and is identified as a 1031 exchange property.

Key Highlights

  • Legal three‑unit multifamily property at 108 Derby Ave, Derby, CT 06418
  • Renovated in mid‑2017
  • 100% occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby

Demographics for 06418, CT

12,297
Population
6,086
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
2,459
Density / Sq Mi
$75,718
Median Household Income
$50,708
Median Earnings
$1,453
Median Rent
$243,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal multifamily property with separate utility metering and a varied three-unit bedroom mix.
Where is this triplex located?
The property is located at 108 Derby Ave Derby, CT.
What are key features of this property?
This property features: Legal three‑unit multifamily property at 108 Derby Ave, Derby, CT 06418; Renovated in mid‑2017; 100% occupied
(914) 262-2598 Call to check price and availability
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