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Two-Unit Residential Income Property
For Sale
$725,000

18 Ivy Pl, Norwalk, CT 06854

Well-maintained two-family home with two 1-bedroom, 1-bath units and recent exterior and interior updates.

Property SizeContact for details
Days on Market92

Property Features for 18 Ivy Pl

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1902
Listing Agency: Alpha Capital Realty, LLC
Listed By: Zachary T. Pinto · License #0827718
Source: Elliman
Added: May 9 Changed: Jul 23 Last Checked: Jul 24 at 10:15AM

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 Alpha Capital Realty, LLC

Investment Insights

Based on property information with market context.

18 Ivy Place is a well-maintained two-family residence offering two distinct 1-bedroom, 1-bath units. The first-floor unit has been refreshed with brand-new carpeting and new paint, and the exterior includes newly installed front steps.

The property also includes a large, private parking area and a level backyard. Buyers can conduct their own due diligence regarding potentially expanding the property backwards.

Located near Downtown Norwalk, the property is described as being close to shopping, dining, and major commuting routes, with a walk score of 90 and transit score of 54.

Key Highlights

  • Two‑family residence built in 1902 with two separate 1‑bedroom, 1‑bath units
  • First‑floor unit updated with brand‑new carpeting and modern interior paint
  • Exterior improvements include newly installed front steps

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Acupuncture Auto Parts Store Florist Pet Grooming Service HVAC 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

737
Businesses Nearby

Demographics for 06854, CT

29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
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 - Well-maintained two-family home with two 1-bedroom, 1-bath units and recent exterior and interior updates.
Where is this duplex located?
The property is located at 18 Ivy Pl Norwalk, CT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑family residence built in 1902 with two separate 1‑bedroom, 1‑bath units; First‑floor unit updated with brand‑new carpeting and modern interior paint; Exterior improvements include newly installed front steps
More about this property
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