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Three-Unit Residential Income Property
For Sale
$550,000
Pending

4 Oak Street, Derby, CT 06418

Three separate units with individual utilities, washer/dryer hookups, and updates including new flooring and windows.

Property Size3,200 SF
Days on Market131

Property Features for 4 Oak Street

General Information

Standard status Pending
Size 3,200 SF
Property subtype 3 Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1988
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Matthew Loverci
Source: Lockandkeyre
Added: Apr 28 Changed: Aug 8 Last Checked: Jul 23 at 5:39AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

4 Oak Street is a well-maintained three-unit residential income property featuring separate utilities for each unit and washer/dryer hookups. The lower-level unit offers 2 bedrooms and 1 bathroom, with electric heat plus a gas heater, and has been recently updated with new flooring, fresh paint, and a modernized kitchen and bath.

The second and third units are townhouse-style. The second unit includes a 2-bedroom, 1-bath layout, while the larger third unit offers 3 bedrooms and 1.5 bathrooms with central air, gas heat, and a bright open-concept living and dining area. The 3-bedroom unit also features a newer walkout deck with scenic views. Brand new windows have been installed in two of the units, and mechanical systems are described as well-maintained.

Outside, the property includes a large driveway sized to fit 6+ cars. Multiple offers have been received, and the seller requests best and final offers by 5pm Monday 05/04.

Key Highlights

  • Three‑unit multi‑family built in 1988, with each unit having separate utilities
  • Washer/dryer hookups available in each unit for added convenience
  • 2‑bedroom, 1‑bath lower‑level unit recently updated with new flooring, fresh paint, and a modernized kitchen and bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Florist Bakery Home Appliance Store

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

Demographics for 06418, CT

12,297
Population
6,086
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
2,459
Density / Sq Mi
$75,718
Median Household Income
$50,708
Median Earnings
$1,453
Median Rent
$243,500
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?
Triplex - Three separate units with individual utilities, washer/dryer hookups, and updates including new flooring and windows.
Where is this triplex located?
The property is located at 4 Oak Street Derby, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three‑unit multi‑family built in 1988, with each unit having separate utilities; Washer/dryer hookups available in each unit for added convenience; 2‑bedroom, 1‑bath lower‑level unit recently updated with new flooring, fresh paint, and a modernized kitchen and bath
More about this property
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