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Renovated Five-Unit Multifamily Building
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219 South Orchard Street, Wallingford, CT 06492

Five-unit, two-story wood-frame building with renovated units and a finished lower level.

Property Size3,487 SF
Lot Size0.38 Acres
Price / SF$200.46
Days on Market138

Property Features for 219 South Orchard Street

General Information

Standard status Active
Size 3,487 SF
Lot size 0.38 Acres
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 5

Building Details

Stories 2
Tenancy Multi
Listing Agency: NorthEast Private Client Group Shelton
Listed By: Jeff Wright · License #CT: 0798330
Source: Crexi
Added: Apr 20 Changed: Sep 3 Last Checked: Aug 29 at 10:05AM

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 NorthEast Private Client Group Shelton

Investment Insights

Based on property information with market context.

This five-unit multifamily property is housed in a two-story, wood-frame building totaling 3,487 square feet of living area, including a finished lower level. The offering is set on a 0.38-acre lot and features units that have all been renovated.

Located at 219 South Orchard Street in Wallingford, Connecticut, the property benefits from a central location along the Interstate 91 corridor, placing residents within reach of New Haven, Hartford, and major employment centers in the region.

According to the provided information, the property has an established, long-term tenant base with leases extending through 2027, and current gross scheduled rent of $91,140 annually. The rent roll has not been actively pushed to market, and the materials indicate a path to pro forma gross potential of $104,400 through lease-up to achievable rents across the existing unit mix.

Key Highlights

  • Five‑unit multifamily property at 219 South Orchard Street in Wallingford, CT
  • Two‑story wood‑frame building with 3,487 SF of living area, including a finished lower level
  • Set on a 0.38‑acre lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Parking Lot & Garage Storage Facility Home Appliance 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.

Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,022
Businesses Nearby

Demographics for 06492, CT

44,606
Population
19,603
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
1,121
Density / Sq Mi
$101,757
Median Household Income
$57,977
Median Earnings
$1,346
Median Rent
$328,400
Median Home Value

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?
Apartment building - Five-unit, two-story wood-frame building with renovated units and a finished lower level.
Where is this apartment building located?
The property is located at 219 South Orchard Street Wallingford, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Five‑unit multifamily property at 219 South Orchard Street in Wallingford, CT; Two‑story wood‑frame building with 3,487 SF of living area, including a finished lower level; Set on a 0.38‑acre lot
More about this property
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