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East Rock Four-Family Investment Property

51 Nash Street, New Haven, CT 06511

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For Sale

Under Contract

$1,008,000

MULTI_FAMILY - New Haven, CT

Property size:

4,752 SF

Lot size:

0.11 Acres

Price / SF:

$212/SF

HighLights

Large 4‑family property with 4 spacious 3‑bedroom, 1‑bath apartments
Over 4,700 sq ft of living space with all four units fully leased
Walk‑up third‑floor attic with additional square footage potential (buyer to perform due diligence)
Fenced‑in back yard and coin‑op laundry in the basement
Public water and public sewer; cooling provided by window unit(s)
Built in 1920

We can help!

Contact an agent

Michael Martinez

For Sale

Under Contract

$1,008,000

MULTI_FAMILY - New Haven, CT

Property size:

4,752 SF

Lot size:

0.11 Acres

Price / SF:

$212/SF

Added:: May 20, 2026
Days on Market:: 51
Last Refresh:: Jul 9 at 6:06 am

Property Features for 51 Nash Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RM2
Bedrooms: 12
Bathrooms: 4
Rooms: Bedroom 1, Bedroom 2, Basement, Bedroom 12, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 9, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 11, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 10
Basement: Unfinished, Full
Standard status: Active Under Contract
Size: 4,752 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 17260

Utilities

Sewer type: Public Sewer
Cooling system: Window Unit(s)
Water source: Public

Building Details

Year built: 1920
Architectural style: Other

We can help!

Contact an agent

Michael Martinez

Listing agent Michael Martinez License #RES.0781704

Listing office Houlihan Lawrence WD 47 High Street, New Haven, CT

Listing date May 20, 2026

MLS# 24177131 Listing URL

HighLights

Large 4‑family property with 4 spacious 3‑bedroom, 1‑bath apartments
Over 4,700 sq ft of living space with all four units fully leased
Walk‑up third‑floor attic with additional square footage potential (buyer to perform due diligence)
Fenced‑in back yard and coin‑op laundry in the basement
Public water and public sewer; cooling provided by window unit(s)
Built in 1920

Overview

This four-family property is located in the East Rock section of New Haven and offers 4,752 square feet of living space. The property features four 3-bedroom, 1-bath apartments that are fully leased, providing immediate income potential. The location is near the Yale Shuttle, State Street restaurants, cafes, shops, a gym, tennis courts, and East Rock Park. A fenced backyard provides outdoor space for tenants. Coin-operated laundry is located in the basement. The property includes a walk-up third-floor attic, offering additional square footage possibilities for future expansion. The lot size is 0.11 acres. The property is zoned RM2.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$122.6k	$25.80
− Vacancy	−$8.3k	−$1.75
EGI	$114.3k	$24.05
− OpEx	−$34.3k	−$7.21
NOI	$80.0k	$16.83

4,752 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.14M

$999.8K – $1.33M (±1% cap)

NOI $79,985 @ 7.0% cap · market cap 7.94%

Second Best

Apartment 5plus

$1.06M

$930.4K – $1.24M (±1% cap)

NOI $74,429 @ 7.0% cap · market cap 7.38%

Theoretical Best

Office A

$1.53M

$1.34M – $1.78M (±1% cap)

NOI $107,002 @ 7.0% cap · market cap 10.62%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Haven
County: New Haven
State: Connecticut
Longitude: -72.909068
Latitude: 41.317449

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For sale
Quadplexes
CT
New Haven
06511
51 Nash Street

What type of property is this?

Quadplex - Spacious, fully leased 4-family in desirable East Rock neighborhood.

Where is this quadplex located?

The property is located at 51 Nash Street New Haven, CT.

What is the asking price?

The asking price for this property is $1,008,000.

What are key features of this property?

This property features: Large 4‑family property with 4 spacious 3‑bedroom, 1‑bath apartments; Over 4,700 sq ft of living space with all four units fully leased; Walk‑up third‑floor attic with additional square footage potential (buyer to perform due diligence)

51 Nash Street, New Haven, CT 06511

MULTI_FAMILY - New Haven, CT

Property Features for 51 Nash Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Office Building with Parking

Mixed-Use Commercial Building

Office Building with On-Site Parking

Retail and Office Mixed-Use Building

Turn-Key 6-Unit Multifamily Property

Three-Family Home with Renovated Units

Medical Office with Parking Lot

Updated Multifamily Portfolio in New Haven

Updated Multifamily Portfolio in New Haven

Renovated Multifamily Property in Westville

Renovated Two-Family Residence

Spacious Two-Family Home Opportunity

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