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Renovated Three-Family Property
For Sale
$499,000
Pending

97 , Meriden, CT 06450

Updated units, tenant parking, and an attic with possible expansion subject to approvals, permits, and feasibility.

Property Size1,895 SF
Days on Market59

Property Features for 97

General Information

Standard status Pending
Size 1,895 SF
Property subtype 3 Family
Zoning R-4
Lease Term Listing ID: 24198151, Standard Status: Pending, MLS Status: Under Contract, Property Subtype: 3 Family, Off market as of 2026-09-01, 14 days on market

Additional Details

Multifamily Units 3

Building Details

Building Size 1,895 SF
Year Built 1895
Listing Agency: Homestead Realty Group, LLC
Listed By: Corey Blank · License #RES.0813131
Source: Iverty
Added: Aug 11 Changed: Oct 7 Last Checked: Oct 7 at 1:25PM

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 Homestead Realty Group, LLC

Investment Insights

Based on property information with market context.

This three-family property offers 3,393 square feet across three updated units. Improvements include new kitchen cabinetry and granite countertops, refreshed bathrooms, fresh paint, new lighting, and select flooring replacements. Two units also include stainless-steel appliances and washer/dryer combinations. Navien tankless boiler/water heaters serve the property, while off-street parking is available for all tenants.

The property was built in 1895 and is located in an R-4 zoning district. A spacious walk-up attic may support creation of a fourth unit, subject to city approval, zoning requirements, permits, and feasibility. Recent work includes a new roof section in 2026 and a $13,000 basement drainage system with a transferable lifetime warranty. The driveway is shared with 101 Liberty Street.

Key Highlights

  • Three‑family property with 3,393 square feet
  • R‑4 zoning district with a walk‑up attic
  • Potential fourth‑unit conversion subject to approvals, permits, and feasibility

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Skin Care Clinic Acupuncture Parking Lot & Garage Electrical Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 06450, CT

36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Updated units, tenant parking, and an attic with possible expansion subject to approvals, permits, and feasibility.
Where is this triplex located?
The property is located at 97 Meriden, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three‑family property with 3,393 square feet; R‑4 zoning district with a walk‑up attic; Potential fourth‑unit conversion subject to approvals, permits, and feasibility
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