Duplex with Detached Two-Car
For Sale
$419,000
Pending
183 , West Haven, CT 06516
Two updated three-bedroom units offer remodeled kitchens, full baths, private parking, and shared laundry hookups.
Property Size1,920 SF
Days on Market18
Property Features for 183
General Information
Standard status
Pending
Size
1,920 SF
Property subtype
2 Family
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
screened porch
washer/dryer hookups
fenced backyard
Building Details
Year Built
1930
Buildings
1
Listing Agency:
Seabury Hill REALTORS
(203) 562-1220
Listed By:
Jared Verrillo · License #RES.0812744
(203) 687-9612
Source:
Lockandkeyre
Added: Sep 18
Changed: Oct 4
Last Checked: Oct 4 at 9:38AM
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 Seabury Hill REALTORS
Investment Insights
Based on property information with market context.
Located at 183 Lamson Street in West Haven, this 1930-built duplex contains nearly 2000 sqft of finished living space. Each unit offers 3 bedrooms, a remodeled eat-in kitchen, and a remodeled full bathroom. The upper residence includes a screened porch facing Lamson St.
The property includes a private driveway, detached 2-car garage, and partially fenced backyard. Basement laundry infrastructure includes multiple washer/dryer hookups, with 1 set currently in use. R3 zoning supports the property's duplex configuration. The VA Hospital and University of New Haven are minutes away, with access also provided to I-95, RT 34, downtown West Haven, and nearby sports fields.
The property includes a private driveway, detached 2-car garage, and partially fenced backyard. Basement laundry infrastructure includes multiple washer/dryer hookups, with 1 set currently in use. R3 zoning supports the property's duplex configuration. The VA Hospital and University of New Haven are minutes away, with access also provided to I-95, RT 34, downtown West Haven, and nearby sports fields.
Key Highlights
- Nearly 2000 sqft of finished living space
- Two units, each with 3 bedrooms
- Remodeled eat‑in kitchens and full bathrooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,317
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,340
$646.3K
Cap Rate 7%
$461,671
$461.7K
Cap Rate 9%
$359,078
$359.1K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$49.5K $25.80/SF
− Vacancy
−$3.4K −$1.75/SF
EGI
$46.2K $24.05/SF
− OpEx
−$13.9K −$7.21/SF
NOI
$32.3K $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%
$646,340
Cap Rate 7%
$461,671
Cap Rate 9%
$359,078
Alternative Uses
Best Use
Multifamily LT 5
$461.7K
$404.0K – $538.6K
NOI $32,317 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$429.6K
$375.9K – $501.2K
NOI $30,072 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$617.6K
$540.4K – $720.6K
NOI $43,233 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
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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 - Two updated three-bedroom units offer remodeled kitchens, full baths, private parking, and shared laundry hookups.
Where is this duplex located?
The property is located at 183 West Haven, CT.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Nearly 2000 sqft of finished living space; Two units, each with 3 bedrooms; Remodeled eat‑in kitchens and full bathrooms in both units
