Two-Unit Duplex with Basement
For Sale
$479,000
New Haven, CT 06519, New Haven, CT 06519
Multi-Family For Sale, Units on different Floors, New Haven, CT
Property Size2,046 SF
Lot Size0.08 Acres
Price / SF$234.12
Days on Market148
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM2
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Basement, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bathroom 2
Basement
Full
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Standard status
Active
Size
2,046 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
7055
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
washer and dryer in basement
Building Details
Year built
1900
Architectural style
Other
Listing Agency:
Real Broker CT, LLC
(855) 450-0442
Listed By:
Xiaoming Li
(917) 623-6536
Added: May 17
Changed: Oct 8
Last Checked: Oct 11 at 10:06AM
MLS# 24176218
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 two-unit duplex contains 2,046 square feet on a 0.08-acre lot. The building dates to 1900 and was renovated in 2019. Its room count includes six bedrooms and two bathrooms, and basement laundry equipment serves both apartments.
The property is zoned RM2 and has public water and public sewer service. Both units are occupied.
The property is zoned RM2 and has public water and public sewer service. Both units are occupied.
Key Highlights
- Two‑unit duplex with 2,046 square feet of building area
- Six bedrooms and two bathrooms
- Both units are occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,438
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,760
$688.8K
Cap Rate 7%
$491,971
$492.0K
Cap Rate 9%
$382,644
$382.6K
Market Conditions
NOI Build-Up for 2,046 SF
Gross rent
$52.8K $25.80/SF
− Vacancy
−$3.6K −$1.75/SF
EGI
$49.2K $24.05/SF
− OpEx
−$14.8K −$7.21/SF
NOI
$34.4K $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%
$688,760
Cap Rate 7%
$491,971
Cap Rate 9%
$382,644
Alternative Uses
Best Use
Multifamily LT 5
$492.0K
$430.5K – $574.0K
NOI $34,438 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$457.8K
$400.6K – $534.1K
NOI $32,046 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$658.1K
$575.9K – $767.8K
NOI $46,070 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,811
Businesses Nearby
Explore this area
Business Placement
Demographics for 06519, CT
15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both apartments are occupied, with shared washer and dryer access in the basement.
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 $479,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,046 square feet of building area; Six bedrooms and two bathrooms; Both units are occupied
