Residential Income

New Canaan, CT Residential Income Properties for Sale

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Updated Two-Family Home
Updated: Sep 6
Updated Two-Family Home

16 Raymond Street, New Canaan, CT 06840

$1,250,000
1,936 sqft 0.20 AC lot
Two‑family property with 1,936 square feet on a 0.2‑acre lot
First‑floor residence includes three bedrooms and a renovated kitchen
Upper apartment renovated throughout with new windows and appliances
Second‑floor unit includes a renovated bathroom and separate washer and dryer
Central air, public water, and public sewer
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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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Two-Unit Side-by-Side Duplex
Two-Unit Side-by-Side Duplex

164 New Norwalk Road, New Canaan, CT 06840

$1,600,000
1,896 sqft

Separate entrances, finished lower levels, and private decks serve both residences.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

16 Raymond St, New Canaan, CT 06840

$1,250,000

The first-floor residence offers a three-bedroom layout and a renovated kitchen.

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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 25 Potential Opportunities for your consideration. Besides 5 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.

Renovated Two-Family Duplex
Renovated Two-Family Duplex

26 Nichols Ave, Stamford, CT 06905

$1,100,000
2,486 sqft

Two updated units offer separate utilities, private laundry, outdoor decks, and access to a level backyard.

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Two-Unit Duplex with Porch
Two-Unit Duplex with Porch

26 Center Avenue, Norwalk, CT 06851

$659,000
1,616 sqft 0.16 AC lot

Vacant two-unit property with separate living areas, outdoor space, and public water and sewer service.

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Residential Income Property
Residential Income Property

32 Catherine Street, Norwalk, CT 06851

$1,000,000
3,991 sqft

The building has natural gas and forced-air heating, with C zoning.

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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.

View details

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.

New Canaan Land For Sale
New Canaan Land For Sale

470 Frogtown Road lot: 2, New Canaan, CT 06840

$1,625,000
2.00 AC lot

Two-acre lot with meadow and stream near town.

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Unimproved Land with Building Potential
Unimproved Land with Building Potential

Wilton CT 06897, Wilton, CT 06897

$649,000
3.00 AC lot

Almost 3 acres of land with building and subdivision potential.

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Two Acre Residential Land Parcel
Two Acre Residential Land Parcel

S Brook Drive lot: #6, Stamford, CT 06904

$525,000
2.06 AC lot

Two acre residential land in North Stamford, Connecticut.

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Land in Prestigious Stamford Enclave
Land in Prestigious Stamford Enclave

S Brook Drive lot: #21, Stamford, CT 06904

$525,000
2.09 AC lot

2.09 acre lot to build your dream home.

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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

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

2 Mead St, New Canaan, CT 06840-5701

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

41 Main St, New Canaan, CT 06840-4525

Estimated value:
$380,000
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

Estimated value:
$510,000
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

Estimated value:
$325,000
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

Estimated value:
$315,000
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

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

45 Main St, New Canaan, CT 06840-4525

Estimated value:
$485,000
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

Estimated value:
$290,000
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

Estimated value:
$1,015,000
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

Estimated value:
$305,000
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

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

New Canaan, CT Residential Income Properties Market Trends and Statistics

Explore 17 residential income properties for sale in New Canaan, CT, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,858 square feet of properties for sale, with an estimated market value of $15,242,000.

Sale prices for residential investment properties in New Canaan, CT start at $1,250,000, averaging $3,048,400, 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

Multifamily properties 6
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 $2.8M

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

Retail

Office

Residential Income

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