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Updated Two-Family Home
New
For Sale
$1,250,000

16 Raymond Street, New Canaan, CT 06840

Multi-Family For Sale, Units on different Floors, New Canaan, CT

Property Size1,936 SF
Lot Size0.20 Acres
Price / SF$645.66
Days on Market2

Property Features for 16 Raymond Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BRES
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2
Basement Full, Unfinished
Lot features Level Lot, On Cul- De- Sac
Elementary school Per Board of Ed
High school Per Board of Ed
Directions .
Standard status Active
Size 1,936 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 11018

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1877
Architectural style Other
Listing Agency: William Pitt Sotheby's Int'l · Sotheby's International Realty
Listed By: Wende Foreman
Added: Sep 6 Last Checked: Sep 7 at 5:06AM
MLS# 24204972

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.

Investment Insights

Based on property information with market context.

This two-family property provides 1,936 square feet across two residences on a 0.2-acre lot. The first-floor home includes three bedrooms and an extensively renovated kitchen with contemporary finishes. The upper apartment has been renovated throughout and features new windows, new appliances, an updated bathroom, and a dedicated washer and dryer. Central air serves the property.

Built in 1877, the home is located at 16 Raymond Street in New Canaan, Connecticut. Public water and public sewer serve the property, and the zoning designation is BRES. The two-unit configuration supports multiple occupancy arrangements, including owner occupancy with a separate rental residence or use by extended family.

Key Highlights

  • Two‑family property with 1,936 square feet on a 0.2‑acre lot
  • First‑floor residence includes three bedrooms and a renovated kitchen
  • Upper apartment renovated throughout with new windows and appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Catering Service Barber Shop (Bike/Boat/Book/etc) Store Daycare Center Computer & Electronic Repair

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

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

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 separate residences combine updated living space with rental flexibility.
Where is this duplex located?
The property is located at 16 Raymond Street 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‑family property with 1,936 square feet on a 0.2‑acre lot; First‑floor residence includes three bedrooms and a renovated kitchen; Upper apartment renovated throughout with new windows and appliances
More about this property
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