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3-Unit Triplex with Garage
New
For Sale
$450,000

181 Butler Street, Hamden, CT 06517

One apartment is vacant, while the other two are currently rented.

Property Size3,227 SF
Price / SF$139.45
Days on Market4

Property Features for 181 Butler Street

General Information

Standard status Active
Size 3,227 SF
Property subtype 3 Family

Building Details

Year Built 1920
Listing Agency: Coldwell Banker Realty
Listed By: Jerard Gibson
Source: Lockandkeyre
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:46PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1920, this 3,227-square-foot triplex contains three apartments, each with two bedrooms and one bathroom. One unit is vacant and the other two are rented. Property features include vinyl replacement windows, updated heating equipment and water heaters, shared laundry, off-street parking, and a three-car garage. Approximately 3/4 of the roof was replaced in 2024.

The property is in Hamden near the New Haven line, with access to downtown New Haven, Yale, SCSU, Albertus Magnus, Hamden Plaza, public transportation, shopping, and major highways.

Key Highlights

  • Three apartments, each with 2 bedrooms and 1 bathroom
  • 3,227 square feet; built in 1920
  • One unit vacant and two units currently rented

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Law Firm Bakery (Bike/Boat/Book/etc) Store

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

649
Businesses Nearby

Demographics for 06517, CT

14,954
Population
6,875
Households
2.2
Avg Household Size
45
Median Age
52%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
2,991
Density / Sq Mi
$97,154
Median Household Income
$58,025
Median Earnings
$1,351
Median Rent
$313,000
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
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Frequently Asked Questions

What type of property is this?
Triplex - One apartment is vacant, while the other two are currently rented.
Where is this triplex located?
The property is located at 181 Butler Street Hamden, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 bathroom; 3,227 square feet; built in 1920; One unit vacant and two units currently rented
More about this property
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