Duplex with Rear
1867 S Main Street, Waterbury, CT 06706
For Sale
New
$324,900
Multi-Family For Sale, Units on different Floors, Waterbury, CT
Property Size2,108 SF
Lot Size0.25 Acres
Price / SF$154.13
Days on Market1
Property Features for 1867 S Main Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Lot features
Elementary school
High school
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Architectural style
Buildings
Listing Agency:
Keller Williams Realty Prtnrs.
(203) 459-4663
Listed By:
Johncarlo Morales · License CT REB.0793647
(203) 296-0299
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 24220484
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,108-square-foot duplex contains two apartments, each with two bedrooms, hardwood floors, an eat-in kitchen, and an extra room. The second-floor apartment has a stairlift. A separate rear building was previously used as a worship space. The property also includes a two-car carport and parking for three additional vehicles.
Set on a 0.25-acre parcel, the property was built in 1864 and is zoned CG. Public water and public sewer serve the site.
Set on a 0.25-acre parcel, the property was built in 1864 and is zoned CG. Public water and public sewer serve the site.
Key Highlights
- Two apartments, each with two bedrooms, an eat‑in kitchen, hardwood floors, and an additional room
- 2,108 square feet on a 0.25‑acre parcel
- Two‑car carport plus parking for three additional vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,750
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,000
$475.0K
Cap Rate 7%
$339,286
$339.3K
Cap Rate 9%
$263,889
$263.9K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$36.7K $17.40/SF
− Vacancy
−$2.8K −$1.31/SF
EGI
$33.9K $16.10/SF
− OpEx
−$10.2K −$4.83/SF
NOI
$23.7K $11.27/SF
Area
Waterbury, CT
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,000
Cap Rate 7%
$339,286
Cap Rate 9%
$263,889
Alternative Uses
Best Use
Multifamily LT 5
$339.3K
$296.9K – $395.8K
NOI $23,750 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$305.6K
$267.4K – $356.6K
NOI $21,395 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$559.4K
$489.5K – $652.6K
NOI $39,158 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
Business Placement
Demographics for 06706, CT
14,699
Population
5,907
Households
2.5
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.8 sq mi
ZIP Area
3,868
Density / Sq Mi
$51,770
Median Household Income
$32,375
Median Earnings
$1,233
Median Rent
$171,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Waterbury, CT
Properties on Market for Duplexes in Waterbury
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments each offer two bedrooms, hardwood flooring, an eat-in kitchen, and an additional flexible room.
Where is this duplex located?
The property is located at 1867 S Main Street Waterbury, CT.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Two apartments, each with two bedrooms, an eat‑in kitchen, hardwood floors, and an additional room; 2,108 square feet on a 0.25‑acre parcel; Two‑car carport plus parking for three additional vehicles
