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Two-Unit Duplex with Updated Interiors
New
For Sale
$349,900

351 Parker Ave S, Meriden, CT 06450

Two-bedroom units feature separate utilities, hardwood flooring, updated kitchens and baths, plus paved parking and yard space.

Property Size1,924 SF
Price / SF$181.86
Days on Market2

Property Features for 351 Parker Ave S

General Information

Standard status Active
Size 1,924 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

central air conditioning
hardwood floors
updated kitchens
updated bathrooms
separate utilities
paved driveway

Building Details

Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: Purtell Realty LLC
Listed By: Betsy L. Purtell (203) 640-4440 (203) 640-7802 · License #RES.0762289
Source: Rhodeislandhomesforsale
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 22 at 3:02PM

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 Purtell Realty LLC

Investment Insights

Based on property information with market context.

Built in 1920, this 1,924-square-foot duplex contains two two-bedroom units with hardwood flooring, renovated kitchens and bathrooms, separate utilities, and independent mechanical systems. The property includes a spacious paved driveway and yard. The first-floor apartment is heated by an oil furnace with central air conditioning and has a gas hot water heater. The second-floor unit uses electric baseboard heat and also has a gas hot water heater.

Occupancy is structured across two different lease arrangements. The first-floor tenant is leased through April 30, 2027 and handles lawn care and snow removal. The second-floor tenant is month-to-month and would prefer to remain. The property also carries rights to part of the lot at 345 Parker Ave So. for snow removal and driveway maintenance. The sale is on an as-is basis.

Key Highlights

  • 1,924 SF duplex with two two‑bedroom units
  • Updated kitchens and bathrooms with hardwood flooring
  • Separate utilities and mechanical systems for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Gym & Fitness Center Building Supply Cafe & Coffee Shop Electrical 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

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

Demographics for 06450, CT

36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-bedroom units feature separate utilities, hardwood flooring, updated kitchens and baths, plus paved parking and yard space.
Where is this duplex located?
The property is located at 351 Parker Ave S Meriden, CT.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,924 SF duplex with two two‑bedroom units; Updated kitchens and bathrooms with hardwood flooring; Separate utilities and mechanical systems for each unit
More about this property
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