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Custom-Millwork Duplex with Rental Unit
For Sale
$539,000

16 King Place, New Haven, CT 06519

Two-family property with remodeled baths, flexible lower-level space, private outdoor area, and a tenant-occupied second-floor apartment.

Property SizeContact for details
Days on Market17

Property Features for 16 King Place

General Information

Standard status Active
Property subtype Multi Family
Zoning RM2

Additional Details

Multifamily Units 2

Building Details

Year Built 2009
Buildings 1
Listing Agency: eRealty Advisors, Inc.
Listed By: Beata Molnar · License #RES.0831197
Source: Erealtyadvisors
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 25 at 3:42AM

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 eRealty Advisors, Inc.

Investment Insights

Based on property information with market context.

Built in 2009, this New Haven duplex pairs a detailed owner’s residence with a separate tenant-occupied apartment. The first-floor unit includes custom wood cabinetry, hardwood flooring, high ceilings, a fireplace, three bedrooms with built-in closets and desks, and two remodeled bathrooms. Its lower level adds two bedrooms, storage, and flexible space for office, fitness, or recreation use.

The second-floor apartment offers an open layout with a skylight, high ceilings, a living room, one bedroom, a walk-in closet, and a private balcony. A private backyard provides additional outdoor space. The property is located at 16 King Pl, minutes from Downtown New Haven, Yale University, shopping, restaurants, and transportation.

Key Highlights

  • Two‑family duplex built in 2009
  • First‑floor unit features 3 bedrooms, 2 remodeled bathrooms, fireplace, and hardwood floors
  • Lower level includes 2 additional bedrooms and abundant storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Accounting Firm Computer & Electronic Repair Tech Support Center (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,689
Businesses Nearby

Demographics for 06519, CT

15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
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-family property with remodeled baths, flexible lower-level space, private outdoor area, and a tenant-occupied second-floor apartment.
Where is this duplex located?
The property is located at 16 King Place New Haven, CT.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two‑family duplex built in 2009; First‑floor unit features 3 bedrooms, 2 remodeled bathrooms, fireplace, and hardwood floors; Lower level includes 2 additional bedrooms and abundant storage
More about this property
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