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Two-Family Residential Income Property
For Sale
$299,999

78 Pierpont Street, New Haven, CT 06513

Two-unit property with fire damage and large attic and basement spaces requiring full rehabilitation.

Property Size2,734 SF
Price / SF$109.73
Days on Market90

Property Features for 78 Pierpont Street

General Information

Standard status Active
Size 2,734 SF
Property subtype 2 Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Alpha Capital Realty, LLC
Listed By: Juan Osorio-Ramirez · License #RES.0823054
Source: Lockandkeyre
Added: May 27 Changed: Aug 23 Last Checked: Aug 24 at 4:49AM

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 Alpha Capital Realty, LLC

Investment Insights

Based on property information with market context.

This two-family residential income property is being offered for sale as a rehabilitation project following fire damage. Each unit includes three bedrooms and one bathroom, with additional attic and basement space. The basement previously provided room for two additional bedrooms, and photos included were taken prior to the fire damage for reference only.

The property also presents flexible configuration options that have been discussed by previous ownership, including a potential conversion to a 3-family arrangement. Buyers should conduct their own research regarding zoning and possible uses, as the stated conversion concepts are subject to confirmation.

With both attic and basement areas, the property may be suited for investors or contractors seeking a value-add renovation plan and a chance to restore the home to its prior configuration, depending on what is approved during the rehabilitation and permitting process.

Key Highlights

  • Two‑family home (2 units) built in 1900 requiring full rehabilitation due to fire damage
  • Each unit has 3 bedrooms and 1 bathroom, plus a spacious attic and basement areas
  • Previous basement layout reportedly included space for 2 additional bedrooms (prior to fire damage)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Dental Office

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 06513, CT

38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
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?
Duplex - Two-unit property with fire damage and large attic and basement spaces requiring full rehabilitation.
Where is this duplex located?
The property is located at 78 Pierpont Street New Haven, CT.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Two‑family home (2 units) built in 1900 requiring full rehabilitation due to fire damage; Each unit has 3 bedrooms and 1 bathroom, plus a spacious attic and basement areas; Previous basement layout reportedly included space for 2 additional bedrooms (prior to fire damage)
More about this property
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