Four-Unit Multifamily Investment Opportunity

498 Broad St, Hartford, CT 06106

View on Map

For Sale

$409,900

Four-unit building with income potential in walkable Hartford location.

Type:Multi Family

HighLights

Strong income potential from a 4‑unit building.
New roof and gutters installed in 2022.
All units have separate gas heat, gas hot water, and electrical.
Diverse unit mix: two 4‑bedroom, one 3‑bedroom, and one 1‑bedroom unit.
High walkability score (89) and good transit score (65).
Opportunity to purchase adjacent property at 512 Broad Street.

We can help!

Listing Contact

Evan L. Berman

Learn more

For Sale

$409,900

Four-unit building with income potential in walkable Hartford location.

Type:Multi Family

Added:: Apr 27, 2026
Days on Market:: 52
Last Refresh:: Apr 27 at 10:43 pm

Property Features for 498 Broad St

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1910

We can help!

Listing Contact

Evan L. Berman

Listing agent Evan L. Berman License #REB.0754216

Listing office Broder Commercial

Listing date Apr 27, 2026

Source Elliman

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 Broder Commercial

HighLights

Strong income potential from a 4‑unit building.
New roof and gutters installed in 2022.
All units have separate gas heat, gas hot water, and electrical.
Diverse unit mix: two 4‑bedroom, one 3‑bedroom, and one 1‑bedroom unit.
High walkability score (89) and good transit score (65).
Opportunity to purchase adjacent property at 512 Broad Street.

Overview

This four-unit multifamily property presents an investment opportunity. Constructed as a four-unit building, it features apartments of various sizes. The property includes two four-bedroom units, one three-bedroom unit, and one one-bedroom unit. Each unit is equipped with separate gas heating, gas hot water, and electrical systems. A new roof and gutters were installed in 2022. Currently, two units are leased, with a third tenant scheduled to move in on March 1, 2026. One unit is occupied. The property is located in a walkable area with a walk score of 89, indicating it is very walkable. The bike score is 60, making it bikeable. The transit score is 65, indicating good transit options. Note that this building does not have parking, however 3 of the units lease parking at 512 Broad Street (next door).

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Hartford
County: Hartford
State: Connecticut
Longitude: -72.68638
Latitude: 41.762585

Nearby Similar for Sale

$539,000

4,680 SF

Fully Leased Medical Office Investment

Fully leased medical office with on-site parking and tenant-paid utilities under MX-1 zoning.

36-38 Grand Street, Hartford, CT 06106

View Details
$1,550,000

25,298 SF

Hartford Commercial Office Building For Sale

Turnkey commercial office building with long-term tenants and steady income.

631 Farmington Avenue, Hartford, CT 06105

View Details
$509,900

3,861 SF

Three-Family Residential Income Property

Well-maintained three-unit home with three bedrooms and one full bath per unit, providing flexible owner or rental options.

140 Enfield Street, Hartford, CT 06112

View Details
$739,000

Established Brazilian Grill Restaurant

Turnkey restaurant with on-site parking on Park St.

1996 Park Street, Hartford, CT 06106

View Details
$509,900

3,882 SF

Well-Maintained Hartford Triplex

Spacious three-family property in Hartford with modern gas heating.

335 Hillside Avenue, Hartford, CT 06106

View Details
$450,000

3,750 SF

Versatile Retail and Office Property

Flexible retail/office setup with large windows for natural light, offered for sale in Hartford’s ID-1 zoning.

241 Ledyard Street, Hartford, CT 06114

View Details
$399,900

3,026 SF

Three-Family Residential Income Property

Well-maintained three-family building with updated exterior elements and off-street parking.

25-27 Baltimore Street, Hartford, CT 06112

View Details
$450,000

1,290 SF

Commercial Building with Large Windows

Versatile Hartford commercial building with flexible layout and large windows suitable for retail, office, or light commercial use.

241 Ledyard Street, Hartford, CT 06114

View Details
$750,000

5,381 SF

Hartford Mixed-Use Investment Opportunity

Two buildings, six units, commercial and residential spaces.

763-767 Park Street, Hartford, CT 06106

View Details
$498,500

3,480 SF

Renovated 3-Family Brick Property

Well-maintained 3-family brick building with updated interiors and off-street parking, offering flexible investor or owner-occupant options.

59 East Street, Hartford, CT 06120

View Details
$519,000

3,483 SF

Renovated Three-Unit Multifamily Property

Fully renovated three-unit property with modern kitchens and baths.

362 Sigourney Street, Hartford, CT 06112

View Details
$425,000

3,145 SF

Two-Family Residence with Enclosed Porch

Good-condition two-family with hardwood floors, separate utilities, and heated enclosed porches for flexible third-room space.

102-104 Mapleton Street, Hartford, CT 06114

View Details

For sale
Quadplexes
CT
Hartford
06106
498 Broad St

What type of property is this?

Quadplex - Four-unit building with income potential in walkable Hartford location.

Where is this quadplex located?

The property is located at 498 Broad St Hartford, CT.

What is the asking price?

The asking price for this property is $409,900.

What are key features of this property?

This property features: Strong income potential from a 4‑unit building.; New roof and gutters installed in 2022.; All units have separate gas heat, gas hot water, and electrical.