Side-by-Side Duplex with Two
New
For Sale
$398,999
15-17 Seventh Street, Newington, CT 06111
Multi-Family For Sale, Units are Side-by-Side, Newington, CT
Property Size1,536 SF
Lot Size0.36 Acres
Price / SF$259.76
Days on Market2
Property Features for 15-17 Seventh Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-7
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Basement
Full, Partially Finished
Lot features
Level Lot
Elementary school
Anna Reynolds
High school
Newington
Directions
Gps
Standard status
Active
Size
1,536 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
6767
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1954
Architectural style
Other
Listing Agency:
RE/MAX Precision Realty · RE/MAX International
(860) 808-2000
Listed By:
Carla Juvencio
(860) 655-2829
Added: Oct 23
Last Checked: Oct 24 at 8:06AM
MLS# 24216623
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This side-by-side duplex contains 1,536 square feet across two residences on a 0.36-acre lot. One residence has two bedrooms, two full bathrooms, hardwood flooring, an updated kitchen, and an open layout. Its primary bedroom is in an addition alongside a bonus room, and the basement is partially finished. The other residence also has hardwood floors. The property was built in 1954 and is zoned R-7.
Outdoor and site features include an oversized deck, a level backyard, two garages, a storage shed, and separate driveways. Newer windows and siding are among the building updates; furnaces and central air systems are listed as installed in 2025/2026. Public water and sewer serve the property.
Outdoor and site features include an oversized deck, a level backyard, two garages, a storage shed, and separate driveways. Newer windows and siding are among the building updates; furnaces and central air systems are listed as installed in 2025/2026. Public water and sewer serve the property.
Key Highlights
- Side‑by‑side duplex with 1,536 square feet on a 0.36‑acre lot
- One residence offers 2 bedrooms, 2 full bathrooms, an updated kitchen, and hardwood floors
- Addition includes a primary bedroom and bonus room; basement is partially finished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,554
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,080
$451.1K
Cap Rate 7%
$322,200
$322.2K
Cap Rate 9%
$250,600
$250.6K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$34.1K $22.20/SF
− Vacancy
−$1.9K −$1.22/SF
EGI
$32.2K $20.98/SF
− OpEx
−$9.7K −$6.29/SF
NOI
$22.6K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,080
Cap Rate 7%
$322,200
Cap Rate 9%
$250,600
Alternative Uses
Best Use
Multifamily LT 5
$322.2K
$281.9K – $375.9K
NOI $22,554 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$296.0K
$259.0K – $345.4K
NOI $20,723 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$457.8K
$400.6K – $534.2K
NOI $32,049 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 06111, CT
30,536
Population
13,334
Households
2.3
Avg Household Size
45
Median Age
40%
College-Educated
92%
High-School Grad
13.0 sq mi
ZIP Area
2,349
Density / Sq Mi
$98,585
Median Household Income
$54,916
Median Earnings
$1,487
Median Rent
$279,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate driveways, a deck, and a level backyard complement the property's two residences.
Where is this duplex located?
The property is located at 15-17 Seventh Street Newington, CT.
What is the asking price?
The asking price for this property is $398,999.
What are key features of this property?
This property features: Side‑by‑side duplex with 1,536 square feet on a 0.36‑acre lot; One residence offers 2 bedrooms, 2 full bathrooms, an updated kitchen, and hardwood floors; Addition includes a primary bedroom and bonus room; basement is partially finished
