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Four-Unit Apartment Property
For Sale
$439,000
Pending

486 Prospect Avenue, Hartford, CT 06105

Well-maintained quadplex with consistent occupancy and one-bedroom apartment layouts in Hartford’s West End.

Property Size3,190 SF
Days on Market113

Property Features for 486 Prospect Avenue

General Information

Standard status Pending
Size 3,190 SF
Property subtype 4 Family

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Building Details

Year Built 1900
Listing Agency: Premier Re Group LLC
Listed By: Stanley Gutt · License #REB.0287070
Source: Lockandkeyre
Added: May 14 Changed: Aug 31 Last Checked: Aug 30 at 5:08PM

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 Premier Re Group LLC

Investment Insights

Based on property information with market context.

This 3,190-square-foot quadplex, built in 1900, contains four one-bedroom apartments. The property has been well maintained and consistently occupied, while the third-floor unit is currently undergoing updates. One apartment may be convertible to a two-bedroom layout, subject to applicable requirements.

Located on Prospect Avenue in Hartford’s West End, the property sits directly across from the West Hartford line. It has remained under the same ownership for 45 years, providing an established operating history for a buyer evaluating a small multifamily asset.

The existing configuration offers four residential units within a single apartment property, with the potential layout change providing an additional consideration for future planning.

Key Highlights

  • Four one‑bedroom apartments in a quadplex configuration
  • 3,190 square feet of property size
  • Third‑floor apartment undergoing updates

Property Analytics

Current Use

John Lawrence Associates Land Surveyor

Suggested Use

Top Pick Electrical Service Tech Support Center Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,828
Businesses Nearby

Demographics for 06105, CT

18,803
Population
11,705
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
8,175
Density / Sq Mi
$41,235
Median Household Income
$39,775
Median Earnings
$1,100
Median Rent
$365,400
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?
Quadplex - Well-maintained quadplex with consistent occupancy and one-bedroom apartment layouts in Hartford’s West End.
Where is this quadplex located?
The property is located at 486 Prospect Avenue Hartford, CT.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Four one‑bedroom apartments in a quadplex configuration; 3,190 square feet of property size; Third‑floor apartment undergoing updates
More about this property
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