Multifamily

New Canaan, CT Multifamily Properties for Sale

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Modern Residential Income Property
Updated: Aug 26
Modern Residential Income Property

259 & 253 Frogtown Rd, New Canaan, CT 06840

$8,747,000
13,026 sqft
2.25‑acre property at 259 & 253 Frogtown Rd, New Canaan, CT 06840
11,836+ sq. ft. primary residence with 7 bedrooms and 9.5 baths
Separate 1,190 sq. ft. cottage with its own address and utilities
2026 construction with 12‑foot ceilings, walls of glass, and custom millwork
Cottage includes a bedroom, office, full bath, island kitchen, laundry, and loft
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Side-by-Side Duplex
Updated: Aug 8
Side-by-Side Duplex

63 Oak Street, New Canaan, CT 06840

$1,500,000
2,352 sqft
2,352‑square‑foot duplex with two side‑by‑side residential units
Full unfinished basement space
Window unit cooling
Oil‑fired hot water system
BRES zoning
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Duplex Near Town Center
Duplex Near Town Center

55 New Norwalk Road, New Canaan, CT 06840

$1,200,000
1,900 sqft

Residential income property with garages and patios near town.

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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 21 Potential Opportunities for your consideration. Besides 4 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 1 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.

Legal Two-Family Victorian Home
Legal Two-Family Victorian Home

90 Spring Hill Avenue, Norwalk, CT 06850

$699,000
1,917 sqft

Victorian with a legal two-family setup, including a private rear-access accessory apartment.

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Multifamily Property with Fireplace
Multifamily Property with Fireplace

1312 Hope Street #2, Stamford, CT 06907

Contact for pricing
1,625 sqft

Updated kitchen, in-unit laundry, off-street parking, and convenient access to shopping, civic amenities, and rail service.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

227 Main St, Norwalk, CT 06851

Contact for pricing

Fully leased commercial building combining apartment residences with street-level retail space.

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Duplex with Detached Garage
Duplex with Detached Garage

21 Mulberry St, Stamford, CT 06907

Contact for pricing

Two-unit property with basement storage, parking, and public water and sewer.

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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
75.32 AC lot

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

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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

$4,685,000
Estimated value
1.23 AC lot
View details
41 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

41 Main St, New Canaan, CT 06840-4525

$380,000
Estimated value
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
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79 Ss Ave
APARTMENT HOUSE (UNDER 5 UNITS)

79 Ss Ave, New Canaan, CT 06840-5700

$325,000
Estimated value
2,870 sqft 0.28 AC lot
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12 Husted Ln
APARTMENT HOUSE (UNDER 5 UNITS)

12 Husted Ln, New Canaan, CT 06840-4600

$315,000
Estimated value
3,240 sqft 0.35 AC lot
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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

$485,000
Estimated value
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

$290,000
Estimated value
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

$305,000
Estimated value
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 16 multifamily properties for sale in New Canaan, CT, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 17,278 square feet of properties for sale, with an estimated market value of $13,842,000.

Sale prices for multifamily properties in New Canaan, CT start at $1,200,000, averaging $3,460,500, and reaching up to $8,747,000 — 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 4
Apartment buildings 1

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 $3M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fairfield County

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