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Back-to-Back Duplex with Garages
New
For Sale
$1,900,000

115 Parade Hill Rd, New Canaan, CT 06840

Two residences offer separate utilities, central air, individual parking, and private outdoor areas.

Property Size3,003 SF
Days on Market2

Property Features for 115 Parade Hill Rd

General Information

Standard status Active
Size 3,003 SF
Property subtype Multi Family

Units

Unit Mix 1 x 3BR/3BA, 1 x 2BR/1.5BA
Multifamily Units 2

Additional Details

Public Transit Yes

Amenities

central air
private deck
fireplace
skylights
exposed brick
in-unit laundry
private patio
large backyard

Building Details

Building Size 3,003 SF
Year Built 1963
Buildings 1
Listing Agency: Coldwell Banker Residential Brokerage
Listed By: Vi Iaropoli
Source: Elliman
Added: Sep 10 Last Checked: Sep 10 at 2:49PM

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 Coldwell Banker Residential Brokerage

Investment Insights

Based on property information with market context.

Built in 1963, this two-family property uses a back-to-back layout that gives each residence its own garage, parking area, utilities, and outdoor space. Unit A has an updated kitchen with granite counters and stainless appliances, a private deck, hardwood flooring, a fireplace, and a finished walk-out lower level with a family room, bonus room, full bath, and separate entrance. The residence includes three additional bedrooms and three full baths. Unit B provides two bedrooms, one and one-half updated baths, an updated kitchen, open dining area, oversized living room, newer hardwood floors, in-unit laundry, a private patio, and access to a large backyard. Both units feature central air.

The property is located at 115 Parade Hill Rd in New Canaan, near the train, shops, restaurants, and schools. Walk Score is 91, while Bike Score is 46.

Key Highlights

  • Back‑to‑back two‑family layout with separate outdoor areas, parking, garages, utilities, and central air
  • Unit A includes three additional bedrooms, three full baths, and a finished walk‑out lower level
  • Unit B features two bedrooms, 1.5 updated baths, in‑unit laundry, and a private patio

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Butcher

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby

Demographics for 06840, CT

20,612
Population
7,668
Households
2.7
Avg Household Size
42
Median Age
83%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
928
Density / Sq Mi
$250,001
Median Household Income
$106,456
Median Earnings
$3,501
Median Rent
$1,534,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two residences offer separate utilities, central air, individual parking, and private outdoor areas.
Where is this duplex located?
The property is located at 115 Parade Hill Rd New Canaan, CT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Back‑to‑back two‑family layout with separate outdoor areas, parking, garages, utilities, and central air; Unit A includes three additional bedrooms, three full baths, and a finished walk‑out lower level; Unit B features two bedrooms, 1.5 updated baths, in‑unit laundry, and a private patio
More about this property
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