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Two-Family Residential Income Home
For Sale
$449,900

15 Hanover Street, Wallingford, CT 06492

Two well-updated units each include a covered side deck, plus a 200 sq ft detached, climate-controlled outbuilding with electricity.

Property Size1,810 SF
Price / SF$248.56
Days on Market199

Property Features for 15 Hanover Street

General Information

Standard status Active
Size 1,810 SF
Property subtype Multi-Family / 2 Family
Zoning R18

Taxes and HOA fees

Annual Taxes $7,398

Amenities

Yes
Hot Water
8
1
Access Via Hatch
All Units Have Hook-Ups
hook ups in units
Shed, Porch, Covered Deck
Not Applicable

Building Details

Year Built 1900
Listing Agency: Lamacchia Realty
Listed By: Sandra Fehrs · License #RES.0795719
Source: Compass
Added: Feb 20 Changed: Aug 8 Last Checked: Jul 21 at 6:29PM

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 Lamacchia Realty

Investment Insights

Based on property information with market context.

This well-maintained two-family home offers flexible living and rental configurations. Significant updates were completed in 2019, including the roof, windows, kitchens, baths, flooring, water heaters, and select electrical and plumbing improvements. Each unit features its own covered side deck for private outdoor use.

The property sits on a generous, level lot with room for outdoor enjoyment. A professionally installed detached outbuilding of approximately 200 sq ft includes electricity and heating/cooling, providing versatile space that may be used as a home office, gym, workshop, studio, or climate-controlled storage.

Interior photos reflect the 2nd-floor unit prior to current tenancy; that unit was freshly painted between occupants and now shows typical wear consistent with use.

Key Highlights

  • Two‑family home with 8 total rooms and 1 fireplace; attic with access via hatch
  • 2019 updates include roof, windows, kitchens, baths, flooring, and water heaters, plus select electrical and plumbing improvements
  • Each unit includes a covered side deck for private outdoor space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Catering Service Parking Lot & Garage Law Firm Plumbing Service Pet Grooming 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

383
Businesses Nearby

Demographics for 06492, CT

44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two well-updated units each include a covered side deck, plus a 200 sq ft detached, climate-controlled outbuilding with electricity.
Where is this duplex located?
The property is located at 15 Hanover Street Wallingford, CT.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑family home with 8 total rooms and 1 fireplace; attic with access via hatch; 2019 updates include roof, windows, kitchens, baths, flooring, and water heaters, plus select electrical and plumbing improvements; Each unit includes a covered side deck for private outdoor space
More about this property
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