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Three-Family Triplex
For Sale
Contact for pricing
Pending

342 Sherman Ave, New Haven, CT 06511

Three residential units offer two-bedroom layouts with separate, tenant-paid utilities.

Property SizeContact for details
Days on Market143

Property Features for 342 Sherman Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes
Listing Agency: Century 21 Allpoints Realty Southington
Listed By: Lisa Cozzi · License #CT REB.0789668
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 11:08AM

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 Century 21 Allpoints Realty Southington

Investment Insights

Based on property information with market context.

This three-family residential property contains three units, each arranged with two bedrooms and one bathroom. The first- and second-floor apartments are occupied under month-to-month agreements, while utilities are separately metered and paid by tenants.

Located at 342 Sherman Avenue in New Haven’s Newhallville neighborhood, the property provides a defined multifamily configuration with existing residential occupancy.

Key Highlights

  • Three‑family property at 342 Sherman Avenue, New Haven, CT 06511
  • Each unit includes 2 bedrooms and 1 bathroom
  • First- and second‑floor units are rented month to month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Acupuncture Locksmith Carpet & Flooring Store Pet Grooming Service

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,246
Businesses Nearby

Demographics for 06511, CT

55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
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?
Triplex - Three residential units offer two-bedroom layouts with separate, tenant-paid utilities.
Where is this triplex located?
The property is located at 342 Sherman Ave New Haven, CT.
What are key features of this property?
This property features: Three‑family property at 342 Sherman Avenue, New Haven, CT 06511; Each unit includes 2 bedrooms and 1 bathroom; First- and second‑floor units are rented month to month
(860) 508-2102 Call to check price and availability
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