Multifamily

New Canaan, CT Multifamily Properties for Sale

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New Canaan Multifamily Investment Opportunity
Updated: Apr 2
New Canaan Multifamily Investment Opportunity

55 New Norwalk Road, New Canaan, CT 06840

$1,200,000
1,900 sqft 0.19 AC lot
Side‑by‑side townhome‑style duplex with two separate units
Two‑bedroom unit: 1.5 baths, attached garage, and storage area
Three‑bedroom unit: 1.5 baths, attached garage, and storage area
Each unit includes its own side patio space and a patio
Year built: 1984; public water and public sewer
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Duplex Near Town Center
Updated: Apr 2
Duplex Near Town Center

55 New Norwalk Road, New Canaan, CT 06840

$1,200,000
1,900 sqft
Great investment opportunity close to town
Each unit has an attached one‑car garage
Each unit includes storage space
Each unit includes a side patio space
New windows installed
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New Canaan Multifamily Opportunity
New Canaan Multifamily Opportunity

15 Burtis Ave East Plaza 203, New Canaan, CT 06840

$2,395,000

Multifamily property in New Canaan, CT, for sale.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 3 Active listings in New Canaan, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Unit Residential Income Property
Three-Unit Residential Income Property

20 Cerretta Street, Stamford, CT 06907

$995,000
2,180 sqft 0.23 AC lot

Triplex includes three independent residential units, plus a detached two-car garage and a sizable backyard.

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Norwalk Two-Family Property
Norwalk Two-Family Property

26 Sention Avenue, Norwalk, CT 06850

$795,000
2,646 sqft 0.15 AC lot

Well-maintained two-family property in Norwalk's Spring Hill neighborhood.

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Norwalk Two-Family Property For Sale
Norwalk Two-Family Property For Sale

26 Sention Avenue, Norwalk, CT 06850

$795,000
2,646 sqft

Well-maintained two-family property in Norwalk's Spring Hill neighborhood.

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Multi-Family Property Near Train Station
Multi-Family Property Near Train Station

20 Cerretta St, Stamford, CT 06907

$995,000

Multi-family property near Darien-Stamford border with income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Expansive Land Parcel in Holmes
Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000
2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Flatbush Development Property For Sale
Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000
1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Detached Two-Family Residence
Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Two-Family Home with Detached Garage
Two-Family Home with Detached Garage

39 Halsey Avenue, Southampton, NY 11968

$2,300,000
0.33 AC lot

Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

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Off-Market Properties in New Canaan, CT

Consider similar Off-Market properties in New Canaan, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

14 Richmond Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

14 Richmond Hl Rd, New Canaan, CT 06840-5301

$1,625,000
Estimated value
2,756 sqft 0.30 AC lot
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2 Mead St
APARTMENT HOUSE (UNDER 5 UNITS)

2 Mead St, New Canaan, CT 06840-5701

$4,650,000
Estimated value
1.23 AC lot
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41 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

41 Main St, New Canaan, CT 06840-4525

Value Estimation by Request
3,438 sqft 0.29 AC lot
View details
153 Oenoke Ln
APARTMENT HOUSE (UNDER 5 UNITS)

153 Oenoke Ln, New Canaan, CT 06840-4518

$510,000
Estimated value
4,702 sqft 0.24 AC lot
View details
79 Ss Ave
APARTMENT HOUSE (UNDER 5 UNITS)

79 Ss Ave, New Canaan, CT 06840-5700

Value Estimation by Request
2,870 sqft 0.28 AC lot
View details
12 Husted Ln
APARTMENT HOUSE (UNDER 5 UNITS)

12 Husted Ln, New Canaan, CT 06840-4600

Value Estimation by Request
3,240 sqft 0.35 AC lot
View details
145 Oenoke Ln
APARTMENT HOUSE (UNDER 5 UNITS)

145 Oenoke Ln, New Canaan, CT 06840-4518

$520,000
Estimated value
4,903 sqft 0.18 AC lot
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45 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

45 Main St, New Canaan, CT 06840-4525

Value Estimation by Request
4,689 sqft 0.49 AC lot
View details
19 Urban St
APARTMENT HOUSE (UNDER 5 UNITS)

19 Urban St, New Canaan, CT 06840-4932

Value Estimation by Request
2,534 sqft 0.21 AC lot
View details
129 Park St
APARTMENT HOUSE (UNDER 5 UNITS)

129 Park St, New Canaan, CT 06840-5403

$1,015,000
Estimated value
9,176 sqft 0.53 AC lot
View details
20 Richmond Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

20 Richmond Hl Rd, New Canaan, CT 06840-5301

Value Estimation by Request
2,478 sqft 0.22 AC lot
View details
35 Maple St
APARTMENT HOUSE (UNDER 5 UNITS)

35 Maple St, New Canaan, CT 06840-5731

$1,110,000
Estimated value
8,462 sqft 0.38 AC lot
View details

New Canaan, CT Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in New Canaan, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,800 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for multifamily properties in New Canaan, CT start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Apartment buildings 2

Demographics Overview

Population 21K
Population Growth (5Y) +2.1%
Median Household Income $250,001
College Educated 61.0%

High-Yield Neighborhoods for Investment

Identify New Canaan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06840 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.88%
Property Tax per SF $11.71 per SF
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fairfield County

New Delisted

Total CRE Inventory on Market (SF)

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