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Two-Unit Duplex

38 N 1st St, Meriden, CT 06451

For Sale
New
$375,000

The two apartments have gas heat, with occupants responsible for their own gas and electric service.

Property Size2,330 SF
Price / SF$160.94
Days on Market7

Property Features for 38 N 1st St

General Information

Standard status Active
Size 2,330 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1890
Listing Agency: eXp Realty
Listed By: Michael P. Doherty · License CT CONNECTICUTRES:0814339
Source: Centralconnecticuthomefinder
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 6:44AM

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 eXp Realty

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Investment Insights

Based on property information with market context.

Built in 1890, this duplex contains two residential units totaling 2,330 square feet. Both apartments have received fresh paint, flooring updates, and general repairs, with attention to keeping the spaces in working order. Gas heat serves each unit, and occupants handle their own gas and electric utilities. The second-floor apartment is vacant; the first-floor unit is occupied.

Key Highlights

  • Two residential units totaling 2,330 square feet
  • Second‑floor unit is vacant; first‑floor unit is occupied
  • Recent paint, flooring updates, and general repairs in both units

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby

Demographics for 06451, CT

24,894
Population
11,004
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
85%
High-School Grad
9.8 sq mi
ZIP Area
2,540
Density / Sq Mi
$68,081
Median Household Income
$44,681
Median Earnings
$1,207
Median Rent
$223,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Meriden, CT

$192 Jul
$172 Aug
$152 Sep
$157 Oct

Properties on Market for Duplexes in Meriden

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two apartments have gas heat, with occupants responsible for their own gas and electric service.
Where is this duplex located?
The property is located at 38 N 1st St Meriden, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residential units totaling 2,330 square feet; Second‑floor unit is vacant; first‑floor unit is occupied; Recent paint, flooring updates, and general repairs in both units
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