Map
Link Copied
Listed price in listed location currency (USD).
$575,000

755

MLS® 24134193

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3434 sqft
Garage No
Taxes $8,919
Days Active 82
Lot Size 0.46 acres
Approx. Age 1900
Avg. Price Per Sqft $167
MLS® Number 24134193

Property Address: 122 Derby Ave, New Haven, CT, 06511-5169

Average square foot calculated using Size range provided by listing agent.

Description

Discover 122 Derby Avenue, a classic five-unit multi-family in New Haven's West River neighborhood. The unit mix includes two 2-bedrooms, two 1-bedrooms, and one large studio-ideal for a range of tenant types. Once fully leased, the building is projected to operate at a conservative 9 cap. One unit is currently leased and four are empty, making it a great opportunity for investors or owner-occupiers looking to generate strong rental income. The property includes a full unfinished basement with room for updates or value-add improvements. Seller will find tenants to occupy units prior to closing to help with financials. Just minutes from Yale University and within close proximity to Southern Connecticut State, downtown New Haven, and major highways - the location offers high rental demand and strong tenant appeal.
MLS® Number24134193
Laundry Level
Central VacNo
FireplaceNo
Acreage0.46
Exterior
GarageNo
Approx. Age1900
BasementFull, Unfinished
DrivewayNone, Off Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 21, 2025List Date
$575,000List Price
  • Commute

Commute

Starting Address
Destination Address
122 Derby Ave, New Haven, CT

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties