122 Derby Avenue, New Haven, CT 06511

Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
122 Derby Avenue,New Haven, CT 06511
$599,000
  • 7 Beds
  • 5 Baths
  • 3,434 sq. ft.
  • Multi-family
  • Active
Listed by:christian chaparro
Office:alpha capital realty, llc
MLS#:24111071
Source:CT

Price summary

  • Price:$599,000
  • Price per sq. ft.:$174.43

About this home

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. 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. 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. Once fully leased, the building is projected to operate at a conservative 9% cap. Schedule your showing today!

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Home facts

  • Year built:1900
  • Listing ID #:24111071
  • Added:100 day(s) ago
  • Updated:September 20, 2025 at 11:29 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,434 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Air, Radiator

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900
  • Building area:3,434 sq. ft.
  • Lot area:0.46 Acres

Schools

  • High school:Hill Regional
  • Elementary school:Barnard

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$174.43
  • Tax amount:$8,919 (July 2025-June 2026)
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