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Two-Unit Multifamily Property
For Sale
$350,000

398 Shelton Avenue, New Haven, CT 06511

Separate residential units provide a flexible duplex layout near shopping, dining, public transportation, and major routes.

Property Size2,405 SF
Price / SF$145.53
Days on Market9

Property Features for 398 Shelton Avenue

General Information

Standard status Active
Size 2,405 SF
Property subtype 2 Family

Additional Details

Public Transit Yes

Building Details

Year Built 1920
Listing Agency: Maple Vale Realty LLC
Listed By: Omar Ruizesparza
Source: Lockandkeyre
Added: Aug 12 Changed: Aug 18 Last Checked: Aug 20 at 5:26AM

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 Maple Vale Realty LLC

Investment Insights

Based on property information with market context.

This two-unit multifamily property at 398 Shelton Avenue provides approximately 2,405 square feet of residential space, arranged across 5 bedrooms and 2 bathrooms. Built in 1920, the property offers separate units within an established New Haven residential setting.

The location provides access to local shopping, dining, public transportation, and major routes. Its duplex configuration supports a range of residential income property strategies, including combining personal occupancy with rental use, as described in the property information.

Key Highlights

  • Two‑unit duplex configuration
  • Approximately 2,405 sq. ft. of living space
  • 5 bedrooms and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Bakery

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

649
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?
Duplex - Separate residential units provide a flexible duplex layout near shopping, dining, public transportation, and major routes.
Where is this duplex located?
The property is located at 398 Shelton Avenue New Haven, CT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Approximately 2,405 sq. ft. of living space; 5 bedrooms and 2 bathrooms
More about this property
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