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Renovated Three-Family Property
New
For Sale
$699,900

358 Orchard Street, New Haven, CT 06511

RM2-zoned multifamily asset with separate electric meters, off-street parking, and a detached garage.

Property SizeContact for details
Days on Market6

Property Features for 358 Orchard Street

General Information

Standard status Active
Property subtype Multi Family
Zoning RM2

Building Details

Year Built 1900
Listing Agency: Century 21 AllPoints Realty
Listed By: Tyler DeVecchis · License #RES.0814134
Source: Capmarkrealty
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 31 at 12:48PM

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

Investment Insights

Based on property information with market context.

This renovated triplex at 358 Orchard Street contains approximately 3,546 SF across three independent apartments, with one residence on each floor. The unit mix includes two three-bedroom apartments and one two-bedroom apartment, totaling 8 bedrooms and 3 full baths. Improvements include updated windows, plumbing, electrical, HVAC, central air, kitchens, cabinetry, flooring, tile, bathrooms, fixtures, interior finishes, common hallways, and egress areas. Each unit has a separate electric meter.

A large driveway provides off-street parking, while the detached 4-car garage adds storage capacity and may be incorporated into tenant leases for additional rental income. The property was built in 1900 and is zoned RM2. Yale New Haven Hospital’s St. Raphael Campus is just steps away, with Downtown New Haven, universities, restaurants, shopping, public transportation, and major highways minutes from the property.

Key Highlights

  • Approximately 3,546 SF triplex with 8 bedrooms and 3 full baths
  • Unit mix includes two 3‑bedroom apartments and one 2‑bedroom apartment
  • Detached 4‑car garage with storage or lease‑inclusion potential

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Butcher Pet Grooming Service Locksmith Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,517
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - RM2-zoned multifamily asset with separate electric meters, off-street parking, and a detached garage.
Where is this triplex located?
The property is located at 358 Orchard Street New Haven, CT.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Approximately 3,546 SF triplex with 8 bedrooms and 3 full baths; Unit mix includes two 3‑bedroom apartments and one 2‑bedroom apartment; Detached 4‑car garage with storage or lease‑inclusion potential
More about this property
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