Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    241 W Ivy St New Haven, CT 06511

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $700,000

    Fully occupied multifamily near downtown New Haven with strong rental income.

    Lot size:
    0.15 Acres

    Property Features for 241 W Ivy St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1900

    Source: Javyn Roundtree Agent Aharon Cowen

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

    Overview

    New Haven Multifamily Investment Property

    This fully-occupied multifamily property in New Haven generates $94,608 in annual gross rental income. All units are currently leased, providing immediate cash flow. The property features spacious layouts and a location near downtown New Haven, Yale University, major hospitals, public transportation, and highway access. The location ensures consistent rental demand. Tenants have convenient access to shopping, dining, and local parks. This property is a turnkey investment.
    Location Intelligence

    Current Use by Public Records

    S Williams Home ... General Contractor

    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
    -72.9361121
    Latitude
    41.3310289

    Nearby Similar for Sale

    • $499,000
      Pending

      New Haven Two-Family Home

      Two-family home in New Haven, close to Yale campus.
      58 Derby Ave, New Haven, CT 06511
      View Details
    • $359,000
      2,204 SF

      Two-Unit Multifamily Property in Hamden

      Charming two-unit property with original features and investment potential.
      136 2Nd St, Hamden, CT 06514
      View Details
    • $429,900
      Pending

      Mixed-Use Investment Opportunity in East Haven

      Prime mixed-use property with residential and commercial spaces in East Haven.
      71 High St, East Haven, CT 06512
      View Details
    • $315,000
      Pending

      Charming Two-Family Home in Fair Haven

      Two-family home near Quinnipiac River, minutes from downtown New Haven.
      22 Downing St, New Haven, CT 06513
      View Details
    • $1,795,000
      4,010 SF

      Waterfront Four-Unit Building in New Haven

      Rare waterfront four-unit building with income potential in New Haven.
      86 Cove St, New Haven, CT 06512
      View Details
    • New
      $550,000
      2,226 SF

      West Haven Two-Family Home

      Well-maintained two-family home in West Haven, ideal for investors.
      90 Blohm St, West Haven, CT 06516
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Fully occupied multifamily near downtown New Haven with strong rental income.
    Where is this multifamily property located?
    The property is located at 241 W Ivy St New Haven, CT.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - High Annual Gross Rental Income: Generates $94,608 annually.; - Fully Occupied: Provides immediate cash flow.; - Desirable Location: Near downtown New Haven, Yale University, major hospitals, public transportation, and highway access.
    (747) 252-3955
    Request Owner's contact information
    241 W Ivy St New Haven, CT 06511
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    241 W Ivy St
    New Haven, CT 06511
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    241 W Ivy St New Haven, CT 06511
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.