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93 Porter Street, New Haven, CT, 06519
Renovated Multifamily with Flexible Layouts

93 Porter Street New Haven, CT 06519

New
For Sale
$645,000

MULTI_FAMILY - New Haven, CT

Property Size3,225 SF
Lot Size0.18 Acres
Price / SF$200
Days on Market5

Property Features for 93 Porter Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM1
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 1
Patio and Porch features
Porch
Exterior features
Porch-Screened,Porch-Enclosed,Fruit Trees,Gazebo,Porch,Gutters
Basement
Full, Unfinished, Concrete
Standard status
Active
Size
3,225 SF
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
10770

Utilities

Sewer type
Public Sewer
Heating system
Other (Heating), Baseboard
Water source
Public

Building Details

Year built
1920
Architectural style
Other
Additional Structures
Gazebo
Listing Agency: Real Broker CT, LLC
Listed By: Jennifer D'Amato · License #REB.0788209
Added: Jul 20 Changed: Jul 23 Last Checked: Jul 24 at 6:06PM
MLS# 24191374

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 renovated multifamily building features bright, open layouts across three floors. The first and second floors each provide generous 3-bedroom configurations. The third floor stands out as part of a combined second-and-third-floor apartment, described as a private, self-contained retreat with its own fireplace, kitchenette, bathroom with jacuzzi tub, and in-unit laundry.

The property is located in New Haven, CT on a peaceful cul-de-sac, minutes from Yale New Haven Hospital, and centrally positioned between downtown New Haven, Westville, and the University of New Haven.

With the second and third floor set up as a combined apartment, the arrangement is presented as flexible for different owner-occupant or multi-unit scenarios, including potential conversion to additional units, subject to applicable requirements.

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $83.2k $25.80
− Vacancy −$5.7k −$1.75
EGI $77.5k $24.05
− OpEx −$23.3k −$7.21
NOI $54.3k $16.83
3,225 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$775.5K
$678.5K – $904.7K (±1% cap)
NOI $54,283 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$721.6K
$631.4K – $841.9K (±1% cap)
NOI $50,512 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.04M
$907.7K – $1.21M (±1% cap)
NOI $72,618 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Acupuncture (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Duplex - Renovated multifamily property with three floors, including 3-bedroom units and a combined private second/third-floor apartment.
Where is this duplex located?
The property is located at 93 Porter Street New Haven, CT.
What is the asking price?
The asking price for this property is $645,000.
More about this property
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