New Canaan Multifamily Investment
For Sale
$1,200,000
Pending
55 New Norwalk Road, New Canaan, CT 06840
MULTI_FAMILY - New Canaan, CT
Property Size1,900 SF
Lot Size0.19 Acres
Days on Market120
Property Features for 55 New Norwalk Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
BRES
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Basement, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5
Parking
6
Patio and Porch features
Patio
Exterior features
Patio
Basement
Full, Unfinished
Lot features
Sloping Lot
Elementary school
East
High school
New Canaan
Directions
New Norwalk Road or Forest Street
Standard status
Pending
Size
1,900 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
11121
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1984
Architectural style
Other
Listing Agency:
Keller Williams Prestige Prop. · Keller Williams Realty
(203) 327-6700
Listed By:
Melodye Colucci
(203) 667-8077
Added: Apr 2
Changed: Jul 30
Last Checked: Jul 30 at 7:06PM
MLS# 24164026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property, also known as 161 Forest St. (front entrance), is officially addressed as 55 New Norwalk Rd (back entrance). It features side-by-side townhome-style units. One unit includes two bedrooms, 1.5 baths, an attached garage, and a storage area. The other unit offers three bedrooms, 1.5 baths, an attached garage, and a storage area. Each unit also has a side patio space. Situated close to downtown New Canaan and the Metro North Railroad, this property presents a great investment opportunity. The three-bedroom unit's rent is currently below market value, and both tenants have been in place long term. The property is located in Fairfield County, on a lot of 0.19 acres. The total property size is 1900 square feet. The zoning is BRES.
Key Highlights
- Side‑by‑side townhome‑style duplex with two separate units
- Two‑bedroom unit: 1.5 baths, attached garage, and storage area
- Three‑bedroom unit: 1.5 baths, attached garage, and storage area
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 06840, CT
20,612
Population
7,668
Households
2.7
Avg Household Size
42
Median Age
83%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
928
Density / Sq Mi
$250,001
Median Household Income
$106,456
Median Earnings
$3,501
Median Rent
$1,534,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit townhome near downtown New Canaan and Metro North.
Where is this duplex located?
The property is located at 55 New Norwalk Road New Canaan, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Side‑by‑side townhome‑style duplex with two separate units; Two‑bedroom unit: 1.5 baths, attached garage, and storage area; Three‑bedroom unit: 1.5 baths, attached garage, and storage area
