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Updated Two-Unit Duplex
For Sale
$1,250,000

16 Raymond St, New Canaan, CT 06840

The first-floor residence offers a three-bedroom layout and a renovated kitchen.

Property Size1,936 SF
Days on Market51

Property Features for 16 Raymond St

General Information

Standard status Active
Size 1,936 SF
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Building Size 1,936 SF
Year Built 1877
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Wende Foreman · License #RES.0796508
Source: Elliman
Added: Sep 7 Changed: Oct 26 Last Checked: Oct 26 at 4:53PM

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 William Pitt Sotheby's Int'l

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex includes a three-bedroom first-floor residence with an updated kitchen and contemporary interior finishes. The upper apartment has undergone a full renovation, including new windows, appliances, and bathroom improvements, along with a private washer and dryer.

The property is located at 16 Raymond Street in New Canaan, Connecticut. Its two-residence configuration supports owner occupancy with rental use, extended-family living, or an income-producing residential arrangement. Built in 1877, the home combines an established structure with substantial updates to both living spaces.

Key Highlights

  • Two‑unit duplex at 16 Raymond Street in New Canaan
  • First‑floor residence with three bedrooms
  • Updated first‑floor kitchen

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,536
Businesses Nearby

Demographics for 06840, CT

20,612
Population
7,668
Households
2.7
Avg Household Size
42
Median Age
83%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
928
Density / Sq Mi
$250,001
Median Household Income
$106,456
Median Earnings
$3,501
Median Rent
$1,534,100
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?
Duplex - The first-floor residence offers a three-bedroom layout and a renovated kitchen.
Where is this duplex located?
The property is located at 16 Raymond St New Canaan, CT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑unit duplex at 16 Raymond Street in New Canaan; First‑floor residence with three bedrooms; Updated first‑floor kitchen
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