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Remodeled Two-Family Home

323 West Division Street New Haven, CT 06511

Claim this Listing
For Sale
$479,900

Recently remodeled two-family home with modern amenities and detached garage.

Type:2 Family
Property size:
2,268 SF
Price / SF:
$211.60/SF
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jul 2 at 9:27 am

Property Features for 323 West Division Street

General Information

Standard status
Active
Size
2,268 SF
Property subtype
2 Family

Building Details

Year Built
1900

Listing office RE/MAX Right Choice

Listing date May 14, 2026

Source Lockandkeyre

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 RE/MAX Right Choice


Investment Insights

Based on property information with market context.

This is a two-family home that has been recently remodeled. The first floor features 2 bedrooms, a living room, an eat-in kitchen, and a full bath. The second and third floors are combined, offering 4 bedrooms and 2 full bathrooms. The property includes newer kitchen cabinets and appliances, a newer roof, fresh paint, and new flooring. Laundry hookups are located in the basement. The property also features a fenced-in yard and a detached car garage. The property size is 2268 square feet.

Key Highlights

  • Two‑family home: Ideal for multi‑generational living or rental income.
  • Remodeled: Featuring newer kitchen cabinets, appliances, roof, fresh paint, and new flooring.
  • Second and third floor unit: Features 4 bedrooms and 2 full bathrooms.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $58.5k $25.80
− Vacancy −$4.0k −$1.75
EGI $54.5k $24.05
− OpEx −$16.4k −$7.21
NOI $38.2k $16.83
2,268 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$545.4K
$477.2K – $636.3K (±1% cap)
NOI $38,175 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$507.5K
$444.0K – $592.1K (±1% cap)
NOI $35,523 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$729.6K
$638.4K – $851.2K (±1% cap)
NOI $51,069 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Skin Care Clinic Law Firm Dental Office Bakery Accounting Firm Carpet & Flooring Store Locksmith Storage Facility Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Recently remodeled two-family home with modern amenities and detached garage.
Where is this duplex located?
The property is located at 323 West Division Street New Haven, CT.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑family home: Ideal for multi‑generational living or rental income.; Remodeled: Featuring newer kitchen cabinets, appliances, roof, fresh paint, and new flooring.; Second and third floor unit: Features 4 bedrooms and 2 full bathrooms.
Contact an agent
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