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13-Unit Apartment Portfolio
For Sale
$2,445,000

83 East Grand, New Haven, CT 06513

Three buildings offer a mix of townhome-style and larger apartments, with varied bedroom layouts and interior finishes.

Property Size1,979 SF
Days on Market24

Property Features for 83 East Grand

General Information

Standard status Active
Size 1,979 SF
Property subtype Commercial
Occupancy 100%
Lease Term Listing ID: 24208278, Standard Status: Active, MLS Status: Active, 15 days on market

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 13

Building Details

Building Size 1,979 SF
Year Built 1979
Buildings 3
Listing Agency: Pulse Realty LLC
Listed By: Douglas Ledewitz · License #REB.0759199
Source: Iverty
Added: Sep 18 Changed: Oct 10 Last Checked: Oct 10 at 2:40AM

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 Pulse Realty LLC

Investment Insights

Based on property information with market context.

This 13-unit multifamily property comprises three buildings and is fully rented. The apartment mix includes one-bedroom townhome-style units, ADA-compliant two-bedroom apartments, and larger three- and four-bedroom units. Interiors include tile and hardwood flooring, wood kitchen cabinetry, and granite countertops, with kitchens and bathrooms described as well maintained.

The one-bedroom apartments are all approximately the same size and use electric heat; they do not have central air conditioning. The two-, three-, and four-bedroom units have gas heat and central air. The property is on East Grand Avenue in New Haven’s Fair Haven Heights neighborhood, minutes from I-91, I-95, downtown New Haven, and Yale University. Public transportation, schools, shopping, dining, and local businesses are nearby.

Key Highlights

  • 13 apartments across 3 buildings; currently fully rented
  • Unit mix includes 1‑bedroom townhome‑style, ADA‑compliant 2‑bedroom, and 3- and 4‑bedroom apartments
  • Two-, three-, and four‑bedroom units have gas heat and central air

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant

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

13
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

159
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three buildings offer a mix of townhome-style and larger apartments, with varied bedroom layouts and interior finishes.
Where is this apartment building located?
The property is located at 83 East Grand New Haven, CT.
What is the asking price?
The asking price for this property is $2,445,000.
What are key features of this property?
This property features: 13 apartments across 3 buildings; currently fully rented; Unit mix includes 1‑bedroom townhome‑style, ADA‑compliant 2‑bedroom, and 3- and 4‑bedroom apartments; Two-, three-, and four‑bedroom units have gas heat and central air
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