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Ranch Home with In-Law Apartment
For Sale
$559,000

124 Old Tannery Road, Monroe, CT 06468

Ranch-style residence with an in-law apartment, 5 bedrooms and 2.5 baths, full basement, and attached 2-car garage.

Property Size1,560 SF
Lot Size1.03 Acres
Price / SF$358.33
Days on Market214

Property Features for 124 Old Tannery Road

General Information

Standard status Active
Size 1,560 SF
Total Parking Spaces 2
Lot size 1.03 Acres
Property subtype Multi-Family / 2 Family
Zoning RF1

Taxes and HOA fees

Annual Taxes $8,965

Amenities

Yes
Hot Water
9
Central Air
1
Unfinished, Pull-Down Stairs
Vinyl, Above Ground Pool
Not Applicable

Building Details

Year Built 1962
Listing Agency: Dorrance Realty
Listed By: Thomas J Mele · License #RES.0821443
Source: Compass
Added: Feb 2 Changed: Aug 8 Last Checked: Jul 21 at 6:00AM

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 Dorrance Realty

Investment Insights

Based on property information with market context.

This spacious ranch-style property includes an in-law apartment and offers a total of 5 bedrooms and 2.5 bathrooms. The home is approximately 1,560 square feet and features a full basement, along with a 2-car attached garage. An above-ground pool is also included for seasonal outdoor enjoyment.

Set on a generous 1.03-acre lot in Fairfield County, the layout supports flexible living arrangements for both owner-occupants and income-focused buyers. The property is described as needing some TLC throughout, presenting an opportunity to add value and tailor finishes to preference.

With its combined main home and in-law apartment configuration, this is a versatile option for buyers seeking additional space while retaining a single-property setup.

Key Highlights

  • Ranch‑style home with an in‑law apartment, 5 bedrooms and 2.5 baths, totaling 1,560 sq ft
  • Set on a 1.03‑acre lot with an unfinished attic and pull‑down stairs
  • Full basement plus attached 2‑car garage

Property Analytics

Current Use

Monroe Therapeutic Massage Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Nail Salon Big Box & Wholesale Store

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

118
Businesses Nearby

Demographics for 06468, CT

18,825
Population
6,573
Households
2.9
Avg Household Size
44
Median Age
58%
College-Educated
97%
High-School Grad
26.1 sq mi
ZIP Area
721
Density / Sq Mi
$156,731
Median Household Income
$71,530
Median Earnings
$1,466
Median Rent
$477,000
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?
Duplex - Ranch-style residence with an in-law apartment, 5 bedrooms and 2.5 baths, full basement, and attached 2-car garage.
Where is this duplex located?
The property is located at 124 Old Tannery Road Monroe, CT.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Ranch‑style home with an in‑law apartment, 5 bedrooms and 2.5 baths, totaling 1,560 sq ft; Set on a 1.03‑acre lot with an unfinished attic and pull‑down stairs; Full basement plus attached 2‑car garage
More about this property
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