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Two-Unit Residential Income Property
New
For Sale
$589,000

87 Maltby St, Shelton, CT 06484

Well-maintained two-family with updated kitchens and baths, separate utilities, and decks off each unit.

Days on Market7

Property Features for 87 Maltby St

General Information

Standard status Active
Property subtype Multi Family

Building Details

Building Size 1,792 SF
Year Built 1905
Listing Agency:
Listed By: Vapinder Singh
Source: Elliman
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 31 at 8:04AM

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 Vapinder Singh

Investment Insights

Based on property information with market context.

This well-maintained two-family residential income property offers recently updated bathrooms and newer kitchen cabinets with granite counters and backsplashes. Each unit includes an eat-in kitchen that opens to its own deck, plus hardwood floors and tile finishes in the bath and kitchen areas. Additional in-unit conveniences include separate utilities and washer/dryer hookups in each unit, along with new water heaters. The electrical has also been upgraded with a newer electrical panel.

The property is situated on a dead-end street and includes street parking. A large back yard extends behind the home to the next street, providing additional outdoor space.

Both units feature their own decks, supporting convenient indoor-outdoor living while maintaining separate utility setups for each residence.

Key Highlights

  • 2‑family property built in 1905 with well‑maintained, updated interiors
  • Recent updates include new kitchen cabinets with granite counters and backsplash, plus updated bathrooms
  • Each unit features an eat‑in kitchen that opens to its own deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Locksmith

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

917
Businesses Nearby

Demographics for 06484, CT

40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,336
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
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?
Duplex - Well-maintained two-family with updated kitchens and baths, separate utilities, and decks off each unit.
Where is this duplex located?
The property is located at 87 Maltby St Shelton, CT.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 2‑family property built in 1905 with well‑maintained, updated interiors; Recent updates include new kitchen cabinets with granite counters and backsplash, plus updated bathrooms; Each unit features an eat‑in kitchen that opens to its own deck
More about this property
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