Duplex with Finished
New
For Sale
$575,000
325 Savin Avenue, West Haven, CT 06516
Multi-Family For Sale, Units on different Floors, West Haven, CT
Property Size1,821 SF
Lot Size0.12 Acres
Price / SF$315.76
Days on Market3
Property Features for 325 Savin Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Basement, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking
10
Patio and Porch features
Deck
Exterior features
Awnings,Deck,Gutters,Lighting
Basement
Full
Lot features
Corner Lot, Level Lot
Elementary school
Per Board of Ed
High school
West Haven
Directions
Captain Thomas Blvd. to Savin Ave.
Subdivision
West Shore
Standard status
Active
Size
1,821 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7346
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Architectural style
Other
Listing Agency:
RE/MAX Right Choice · RE/MAX International
(203) 268-1118
Listed By:
Nina Nyrop · License #RES.0503872
(203) 673-2930
Added: Oct 29
Last Checked: Oct 31 at 1:06AM
MLS# 24217665
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.
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with two bedrooms, a living room, a kitchen, and a full bathroom. The finished attic adds interior space, while the main building measures 1,821 square feet. The property sits on a 0.12-acre corner lot and includes a separate 26' x 56' parcel for parking. R2 zoning is in place, and the property is served by public water and public sewer.
Located at 325 Savin Avenue in West Haven, the property is a short walk from the water and beach, as well as Captain Thomas Boulevard. Shopping, restaurants, and paths for walking, jogging, and biking are also nearby.
Located at 325 Savin Avenue in West Haven, the property is a short walk from the water and beach, as well as Captain Thomas Boulevard. Shopping, restaurants, and paths for walking, jogging, and biking are also nearby.
Key Highlights
- Two‑unit property with two bedrooms in each residence
- 1,821‑square‑foot building with a finished attic
- Separate 26' x 56' parcel for parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,651
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,020
$613.0K
Cap Rate 7%
$437,871
$437.9K
Cap Rate 9%
$340,567
$340.6K
Market Conditions
NOI Build-Up for 1,821 SF
Gross rent
$47.0K $25.80/SF
− Vacancy
−$3.2K −$1.75/SF
EGI
$43.8K $24.05/SF
− OpEx
−$13.1K −$7.21/SF
NOI
$30.7K $16.83/SF
Area
New Haven, CT
Vacancy
6.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,020
Cap Rate 7%
$437,871
Cap Rate 9%
$340,567
Alternative Uses
Best Use
Multifamily LT 5
$437.9K
$383.1K – $510.9K
NOI $30,651 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$407.5K
$356.5K – $475.4K
NOI $28,522 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$585.8K
$512.6K – $683.4K
NOI $41,004 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
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Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences share a 1,821-square-foot building, with a separate parcel available for parking.
Where is this duplex located?
The property is located at 325 Savin Avenue West Haven, CT.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑unit property with two bedrooms in each residence; 1,821‑square‑foot building with a finished attic; Separate 26' x 56' parcel for parking
