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Four-Unit Townhome Investment
For Sale
$1,550,000

15 Colby, New Haven, CT 06515

New four-unit townhome property with private garages, decks, and separately metered units designed for low-maintenance rental operations.

Property Size10,000 SF
Price / SF$155
Days on Market158

Property Features for 15 Colby

General Information

Standard status Active
Size 10,000 SF
Property subtype 4 Family

Building Details

Year Built 2026
Listing Agency: HomeSmart Homes and Estates
Listed By: Michael Bachmann · License #RES.0824866
Source: Lockandkeyre
Added: May 18 Changed: Oct 21 Last Checked: Oct 20 at 10:31PM

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 HomeSmart Homes and Estates

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Investment Insights

Based on property information with market context.

New construction four-unit townhome asset offered as a single investment property, totaling approximately 10,000 gross square feet. The building contains four modern townhome units, each approximately 2,500 SF, configured as 4 bedrooms and 3.1 bathrooms. Each unit features a private one-car garage, a private deck, and high-end interior finishes intended for durability and long-term rental performance. Interiors include hardwood flooring, tile bathrooms, central air conditioning, stainless steel appliances, and in-unit washer and dryer. All units are separately metered to support clean operations and efficient expense allocation, and there is no condominium association created at the time of sale.

The property includes three on-site guest parking spaces plus a bike rack for tenant convenience. The seller is a reputable local builder, and taxes are described as phased in for the first five years. Ownership will transfer as one asset, with a future condo conversion remaining an optional strategy rather than a requirement.

Each unit’s layout and finishes are uniform across the four homes, supported by separate metering and private exterior/garage access. The structure is described as strong throughout, positioned for long-term hold as a residential income property.

Key Highlights

  • New construction 4‑unit townhome asset totaling approx. 10,000 gross SF, offered as a single investment property
  • Each unit is approx. 2,500 SF with 4 bedrooms and 3.1 bathrooms
  • Private one‑car garage plus private deck for every unit, with hardwood floors and tile bathrooms

Property Analytics

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Location Intelligence

Trade Area within ½ mile

354
Businesses Nearby

Demographics for 06515, CT

17,877
Population
7,531
Households
2.4
Avg Household Size
33
Median Age
48%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
3,886
Density / Sq Mi
$74,044
Median Household Income
$40,209
Median Earnings
$1,410
Median Rent
$284,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - New four-unit townhome property with private garages, decks, and separately metered units designed for low-maintenance rental operations.
Where is this quadplex located?
The property is located at 15 Colby New Haven, CT.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: New construction 4‑unit townhome asset totaling approx. 10,000 gross SF, offered as a single investment property; Each unit is approx. 2,500 SF with 4 bedrooms and 3.1 bathrooms; Private one‑car garage plus private deck for every unit, with hardwood floors and tile bathrooms
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