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Spacious Two-Family Home on Large Lot
For Sale
$499,999

142 Gracey Ave, Meriden, CT 06451

Two-family home on 3/4 acre lot with ample parking.

Property Size2,508 SF
Lot Size0.75 Acres
Price / SF$199.36
Days on Market153

Property Features for 142 Gracey Ave

General Information

Standard status Active
Size 2,508 SF
Lot size 0.75 Acres
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,491
Listing Agency: eXp Realty
Listed By: Maricela Herrera · License #RES.0803036
Source: Exprealty
Added: Apr 2 Changed: Aug 25 Last Checked: Aug 31 at 6:03PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This two-family home presents an opportunity for investors and owner-occupants. Situated on a 3/4-acre lot, the property includes a walk-up attic for storage. The second-floor unit is equipped with washer and dryer hookups. The main level features central air and additional washer/dryer hookups in the basement. The exterior includes a large rear yard with a full-size shed and a side yard with a 2-car garage. A long driveway and an additional parking area off Gracey Avenue provide ample parking. The property is located near Beaver's Pond and the Meriden Dog Park.

Key Highlights

  • Spacious 3/4‑acre lot offers ample outdoor space.
  • Two‑family home provides investor and owner‑occupant opportunities.
  • Ample parking with a long driveway, additional area, and a 2‑car garage.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Parking Lot & Garage Electrical Service

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

653
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family home on 3/4 acre lot with ample parking.
Where is this duplex located?
The property is located at 142 Gracey Ave Meriden, CT.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Spacious 3/4‑acre lot offers ample outdoor space.; Two‑family home provides investor and owner‑occupant opportunities.; Ample parking with a long driveway, additional area, and a 2‑car garage.
More about this property
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