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    373 Blatchley Ave New Haven, CT 06513

    For Sale
    $1,200,000

    Rare 9-unit multifamily with value-add potential in New Haven.

    Lot size:
    0.14 Acres

    Property Features for 373 Blatchley Ave

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1910

    Source: Century 21 AllPoints Realty Agent Chantal Lallier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Haven Multifamily Investment Opportunity

    This 9-unit multifamily property offers value-add potential and cash flow upside. Each unit is filled with natural light and features updated kitchens and baths. Several units are equipped with high-efficiency Navien systems. All utilities are separate and tenant-paid. Several units are rent-ready, with market comps showing 1-bedrooms renting for $1,350 per month and 2-bedrooms for $1,600 per month. The location is near State Street, I-91, I-95, and Yale University.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -72.8998648
    Latitude
    41.312715

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    FAQs

    What type of property is this?
    Apartment building - Rare 9-unit multifamily with value-add potential in New Haven.
    Where is this apartment building located?
    The property is located at 373 Blatchley Ave New Haven, CT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Strong cash flow upside with value-add potential.; - Prime location near State Street, I-91, I-95, and Yale University.; - Separate, tenant-paid utilities maximize income.
    (860) 729-4176
    Request Owner's contact information
    373 Blatchley Ave New Haven, CT 06513
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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
    373 Blatchley Ave New Haven, CT 06513
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