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Meriden Eight-Unit Investment Property
For Sale
$1,300,000

117 Lincoln St, Meriden, CT 06451

Eight-unit investment property near Meriden's new train station.

Property Size6,840 SF
Lot Size0.22 Acres
Days on Market278

Property Features for 117 Lincoln St

General Information

Standard status Active
Size 6,840 SF
Lot size 0.22 Acres
Property subtype Commercial

Building Details

Building Size 6,840 SF
Year Built 1895
Stories 3
Listing Agency: Dalvis Realty
Listed By: Dallas A. Davis · License #REB.0795689
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 22 Last Checked: Sep 1 at 7:56PM

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 Dalvis Realty

Investment Insights

Based on property information with market context.

Located near Meriden's new train station, 117 Lincoln Street is an eight-unit investment property. The building, constructed in the 1890s, features eight apartments heated by natural gas. Parking is available for up to 17 cars. The property offers stable cash flow and potential upside through improvements to common areas and the addition of storage or bike parking. It is suitable for both owner-occupants looking to offset mortgage costs and investors seeking a well-located property in a commuter corridor linking New Haven and Hartford.

Key Highlights

  • Eight‑unit investment property near Meriden's new train station.
  • Parking available for up to 17 cars.
  • Potential for increased rental income through improvements.

Property Analytics

Current Use

Village For Families & Child Daycare Center Junibeth Quinones Physician Peter B. Lynch ... Physician Wingstop Restaurant

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center (Bike/Boat/Book/etc) Store Catering Service Travel Agency

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

1,611
Businesses Nearby

Demographics for 06451, CT

24,894
Population
11,004
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
85%
High-School Grad
9.8 sq mi
ZIP Area
2,540
Density / Sq Mi
$68,081
Median Household Income
$44,681
Median Earnings
$1,207
Median Rent
$223,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Eight-unit investment property near Meriden's new train station.
Where is this apartment building located?
The property is located at 117 Lincoln St Meriden, CT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Eight‑unit investment property near Meriden's new train station.; Parking available for up to 17 cars.; Potential for increased rental income through improvements.
More about this property
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