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Duplex with Finished Third Floor
New
For Sale
$425,000

38 Magnolia Street, Hartford, CT 06112

Both main-floor apartments include two bedrooms, a flex room, and laundry space.

Property SizeContact for details
Days on Market2

Property Features for 38 Magnolia Street

General Information

Standard status Active
Property subtype Multi Family
Zoning N2-3

Amenities

hardwood floors
fireplace
laundry/ washer hookup
enclosed porch
partially finished basement
off-street parking
spacious backyard

Building Details

Year Built 1905
Listing Agency: Real Broker CT, LLC
Listed By: Pamela S Williams
Source: Capmarkrealty
Added: Oct 7 Last Checked: Oct 7 at 2:06PM

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 Real Broker CT, LLC

Investment Insights

Based on property information with market context.

At 38 Magnolia Street, this 1905 duplex has two apartments, each with two bedrooms, a full bath, living and dining rooms, an eat-in kitchen, and an extra flex room. Fireplaces serve both living rooms. Laundry space is available in each apartment, and hardwood flooring is present beneath carpet on the second floor. The finished walk-up third floor adds four rooms, closet storage, and two full baths, including a private bath in one room. Tax records do not include this finished area; buyers should verify permitted and allowable use.

The property also has a partially finished basement, a long driveway with off-street parking, and a backyard. Zoned N2-3, the property is being sold as is; inspections are informational, and the seller will not make repairs or concessions based on inspection results.

Key Highlights

  • Duplex with two‑bedroom apartments on the first and second floors
  • Finished walk‑up third floor contains four rooms and two full baths
  • Each main‑floor apartment has a fireplace, eat‑in kitchen, flex room, and laundry area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Nail Salon Parking Lot & Garage Hair Salon

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

2,259
Businesses Nearby

Demographics for 06112, CT

23,189
Population
8,785
Households
2.6
Avg Household Size
32
Median Age
10%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
7,730
Density / Sq Mi
$47,010
Median Household Income
$29,383
Median Earnings
$1,229
Median Rent
$203,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Both main-floor apartments include two bedrooms, a flex room, and laundry space.
Where is this duplex located?
The property is located at 38 Magnolia Street Hartford, CT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Duplex with two‑bedroom apartments on the first and second floors; Finished walk‑up third floor contains four rooms and two full baths; Each main‑floor apartment has a fireplace, eat‑in kitchen, flex room, and laundry area
More about this property
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