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Two-Unit Residential Income Property
For Sale
$318,999

227 Portsea St, New Haven, CT 06519

Two up-and-down units offer basement laundry access, a finished walk-up attic, and off-street parking.

Days on Market8

Property Features for 227 Portsea St

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Building Size 2,520 SF
Year Built 1914
Tenancy Multi
Listing Agency:
Listed By: Evan J. Trachten
Source: Elliman
Added: Jul 25 Changed: Jul 26 Last Checked: Jul 31 at 10:11AM

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 Evan J. Trachten

Investment Insights

Based on property information with market context.

This two-family residential income property is arranged in an up-and-down configuration. Each unit includes a kitchen/living area, a bathroom, and one bedroom on the first floor. The second story has two bedrooms, including a connected “railroad” style room that functions as a suite-like setup with two rooms, and there is also a walk-up finished attic area. Both units provide access to the basement for laundry. The property is being sold in as-is condition.

The home is described as being close to Yale New Haven Hospital, Downtown New Haven, Union Station, highways, and arts and culture. The listing also notes a nice-sized yard and plenty of off-street parking.

Each unit is currently rented on month-to-month leases, and the property is reported as fully occupied.

Key Highlights

  • 2‑family property built in 1914 in New Haven
  • Fully rented with all leases month to month
  • Up‑and‑down layout: each unit has kitchen/living area, bathroom, and 1 bedroom on the first floor

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Fish Market Locksmith Plumbing Service Florist

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7,296
Businesses Nearby

Demographics for 06519, CT

15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
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 up-and-down units offer basement laundry access, a finished walk-up attic, and off-street parking.
Where is this duplex located?
The property is located at 227 Portsea St New Haven, CT.
What is the asking price?
The asking price for this property is $318,999.
What are key features of this property?
This property features: 2‑family property built in 1914 in New Haven; Fully rented with all leases month to month; Up‑and‑down layout: each unit has kitchen/living area, bathroom, and 1 bedroom on the first floor
More about this property
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