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Apartment Building with Garage
For Sale
$425,000

223 Broad Street, Meriden, CT 06450

Shared kitchens, tenant parking, and a sewer connection installed in 2025 support the existing residential configuration.

Property Size3,144 SF
Price / SF$135.18
Days on Market532

Property Features for 223 Broad Street

General Information

Standard status Active
Size 3,144 SF
Property subtype Multi-Family / 2 Family
Zoning R-4

Taxes and HOA fees

Annual Taxes $5,626

Amenities

Yes
Hot Water
9
Access Via Hatch
Not Applicable

Building Details

Year Built 1788
Listing Agency: Coldwell Banker Realty
Listed By: Airen Miller · License #RES.0814927
Source: Compass
Added: Mar 21, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:31AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This R-4 apartment property at 223 Broad Street includes 3,144 square feet of improvements built in 1788. The existing layout provides 9 units/rooms, three shared kitchens, and three bathrooms. A 2-car garage with workrooms expands the property's utility, while on-site parking serves the occupants. The property is offered AS-IS as a cash deal.

The Meriden location places the property near a local mall, highways, and public transportation. A new sewer pipe to the street was installed in 2025. The existing configuration and zoning should be reviewed for any future changes or additional multifamily use.

Key Highlights

  • 9 units/rooms with three shared kitchens and three bathrooms
  • 3,144 square feet of improvements built in 1788
  • 2‑car garage with workrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith Acupuncture Tech Support Center Garden Center

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

475
Businesses Nearby

Demographics for 06450, CT

36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
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 - Shared kitchens, tenant parking, and a sewer connection installed in 2025 support the existing residential configuration.
Where is this apartment building located?
The property is located at 223 Broad Street Meriden, CT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 9 units/rooms with three shared kitchens and three bathrooms; 3,144 square feet of improvements built in 1788; 2‑car garage with workrooms
More about this property
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