Two-Unit Duplex with Large
For Sale
$290,000
166-168 Middlefield St, Hartford, CT 06112
1922 duplex offering two residential units and substantial outdoor space in Hartford.
Property Size1,728 SF
Price / SF$167.82
Days on Market51
Property Features for 166-168 Middlefield St
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
backyard
Building Details
Year Built
1922
Listing Agency:
Clover Realty Group, LLC
Listed By:
Michael Burke
(860) 977-7322
Source:
Valkyrierealtyllc
Added: Aug 29
Changed: Oct 8
Last Checked: Oct 7 at 5:20PM
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 Clover Realty Group, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1922 duplex contains two residential units within 1,728 square feet. The property includes a large backyard that provides additional outdoor space for occupants and supports flexible use of the grounds.
Located in Hartford, the home is near shopping, dining, schools, public transportation, and major roadways. Its two-unit configuration supports an owner-occupant arrangement or continued rental use, subject to applicable requirements.
Located in Hartford, the home is near shopping, dining, schools, public transportation, and major roadways. Its two-unit configuration supports an owner-occupant arrangement or continued rental use, subject to applicable requirements.
Key Highlights
- Two‑unit duplex configuration
- 1,728 square feet of property size
- Built in 1922
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,374
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,480
$507.5K
Cap Rate 7%
$362,486
$362.5K
Cap Rate 9%
$281,933
$281.9K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$38.4K $22.20/SF
− Vacancy
−$2.1K −$1.22/SF
EGI
$36.2K $20.98/SF
− OpEx
−$10.9K −$6.29/SF
NOI
$25.4K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,480
Cap Rate 7%
$362,486
Cap Rate 9%
$281,933
Alternative Uses
Best Use
Multifamily LT 5
$362.5K
$317.2K – $422.9K
NOI $25,374 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$333.0K
$291.4K – $388.6K
NOI $23,313 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$515.1K
$450.7K – $600.9K
NOI $36,055 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 06112, CT
23,189
Population
8,785
Households
2.6
Avg Household Size
32
Median Age
10%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
7,730
Density / Sq Mi
$47,010
Median Household Income
$29,383
Median Earnings
$1,229
Median Rent
$203,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - 1922 duplex offering two residential units and substantial outdoor space in Hartford.
Where is this duplex located?
The property is located at 166-168 Middlefield St Hartford, CT.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 1,728 square feet of property size; Built in 1922
