Two-Unit Duplex with Off-Street
For Sale
$459,000
New Haven, CT 06511, New Haven, CT 06511
Multi-Family For Sale, Units on different Floors, New Haven, CT
Property Size1,792 SF
Lot Size0.18 Acres
Price / SF$256.14
Days on Market166
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Basement
Parking
7
Fireplace
1
Basement
Full
Lot features
Level Lot
Elementary school
Wexler/Grant
High school
James Hillhouse
Standard status
Active
Size
1,792 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
5349
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public
Amenities
backyard
Building Details
Year built
1940
Architectural style
Other
Listing Agency:
Real Broker CT, LLC
(855) 450-0442
Listed By:
Xiaoming Li
(917) 623-6536
Added: Apr 29
Changed: Oct 8
Last Checked: Oct 11 at 10:06AM
MLS# 24171227
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 1,792-square-foot duplex in New Haven contains two three-bedroom units. Built in 1940, the property has hot-water heating, window-unit cooling, and a fireplace. Public water and sewer serve the building, which is zoned RM2.
The property occupies 0.18 acres and includes a backyard and an open driveway with parking for up to seven vehicles.
The property occupies 0.18 acres and includes a backyard and an open driveway with parking for up to seven vehicles.
Key Highlights
- Two three‑bedroom units
- 1,792 square feet of building area
- 0.18‑acre lot with backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,163
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,260
$603.3K
Cap Rate 7%
$430,900
$430.9K
Cap Rate 9%
$335,144
$335.1K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$46.2K $25.80/SF
− Vacancy
−$3.1K −$1.75/SF
EGI
$43.1K $24.05/SF
− OpEx
−$12.9K −$7.21/SF
NOI
$30.2K $16.83/SF
Area
New Haven, CT
Vacancy
6.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,260
Cap Rate 7%
$430,900
Cap Rate 9%
$335,144
Alternative Uses
Best Use
Multifamily LT 5
$430.9K
$377.0K – $502.7K
NOI $30,163 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$401.0K
$350.9K – $467.8K
NOI $28,068 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$576.4K
$504.4K – $672.5K
NOI $40,351 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,303
Businesses Nearby
Explore this area
Business Placement
Demographics for 06511, CT
55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, with public water and sewer serving the property.
Where is this duplex located?
The property is located at New Haven, CT.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Two three‑bedroom units; 1,792 square feet of building area; 0.18‑acre lot with backyard
