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Multifamily Property

868 Hanover Rd, Meriden, CT 06451

For Sale
New
$349,000

Constructed in 1915, this Meriden property is identified as a multifamily asset.

Property Size1,593 SF
Days on Market5

Property Features for 868 Hanover Rd

General Information

Standard status Active
Size 1,593 SF
Property subtype Multi Family

Building Details

Building Size 1,593 SF
Year Built 1915
Listing Agency: Citi Atlas Real Estate Co LLC
Listed By: Timothy Serpe · License CT REB.0790957
Source: Elliman
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 12 at 9:21AM

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 Citi Atlas Real Estate Co LLC

Rey
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Investment Insights

Based on property information with market context.

Located at 868 Hanover Rd in Meriden, this multifamily property was built in 1915. Its reported scores are 39 for biking, 41 for walking, and 22 for transit, corresponding to somewhat bikeable, car-dependent, and minimal-transit classifications.

Key Highlights

  • Built in 1915
  • Bike score: 39; somewhat bikeable
  • Walk score: 41; car‑dependent

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 06451, CT

24,894
Population
11,004
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
85%
High-School Grad
9.8 sq mi
ZIP Area
2,540
Density / Sq Mi
$68,081
Median Household Income
$44,681
Median Earnings
$1,207
Median Rent
$223,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Meriden, CT

$256 Jul
$199 Aug
$202 Sep
$211 Oct

Properties on Market for Multifamily properties in Meriden

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Constructed in 1915, this Meriden property is identified as a multifamily asset.
Where is this multifamily property located?
The property is located at 868 Hanover Rd Meriden, CT.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Built in 1915; Bike score: 39; somewhat bikeable; Walk score: 41; car‑dependent
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