42-Unit Apartment
For Sale
Contact for pricing
286 S Elm 24 Parsons & 219 S Orchard St, Wallingford, CT 06492
Two nearby multifamily properties offer townhouse and apartment layouts with private basements, laundry hookups, and off-street parking.
Property SizeContact for details
Days on Market144
Property Features for 286 S Elm 24 Parsons & 219 S Orchard St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
42
Listing Agency:
NorthEast Private Client Group Shelton
Listed By:
Rich Edwards · License #RES.0802816
(203) 727-3212
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 10:09PM
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.
Wharton & Parsons is a 42-unit apartment portfolio comprising two nearby properties in Wallingford. Wharton Arms includes 25 two-story townhouse units, each with two bedrooms, one-and-a-half baths, a full private basement, and washer-dryer hookups. The garden-style property was built in 1965 and occupies 3.87 acres with ample parking. Seventeen units across the portfolio remain unrenovated.
Parsons Apartments includes a 12-unit brick building at 24 Parsons Street and a separate five-unit frame building at 219 South Orchard Street. The units at 24 Parsons are large two-bedroom apartments with washer-dryer hookups, while both properties provide off-street parking. Residents pay heat, hot water, electric, and central air costs. The properties are less than one-half mile apart and within walking distance of downtown Wallingford’s shopping, dining, entertainment, breweries, and nightlife.
Parsons Apartments includes a 12-unit brick building at 24 Parsons Street and a separate five-unit frame building at 219 South Orchard Street. The units at 24 Parsons are large two-bedroom apartments with washer-dryer hookups, while both properties provide off-street parking. Residents pay heat, hot water, electric, and central air costs. The properties are less than one-half mile apart and within walking distance of downtown Wallingford’s shopping, dining, entertainment, breweries, and nightlife.
Key Highlights
- 42‑unit portfolio across two properties in Wallingford
- 25‑unit townhouse property built in 1965 on 3.87 acres
- 17 units remain unrenovated across the portfolio
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two nearby multifamily properties offer townhouse and apartment layouts with private basements, laundry hookups, and off-street parking.
Where is this apartment building located?
The property is located at 286 S Elm 24 Parsons & 219 S Orchard St Wallingford, CT.
What are key features of this property?
This property features: 42‑unit portfolio across two properties in Wallingford; 25‑unit townhouse property built in 1965 on 3.87 acres; 17 units remain unrenovated across the portfolio
