1380 State Street, New Haven, CT 06511
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
1380 State Street,New Haven, CT 06511
$414,900
- 7 Beds
- 3 Baths
- 3,101 sq. ft.
- Multi-family
- Active
Listed by: javyn roundtree, aharon cowen(475) 227-4312
Office: roundtree realty llc
MLS#:24142805
Source:CT
Price summary
- Price:$414,900
- Price per sq. ft.:$133.8
About this home
Introducing 1380 State Street, a high-performing two-family investment property delivering strong rental income in one of New Haven's most convenient and accessible locations. This well-maintained multifamily features a desirable unit mix with a two-bedroom apartment on the first floor and a rare five-bedroom unit on the second floor - ideal for maximizing rental demand in a market where larger apartments are consistently sought after. The property currently brings in approximately $44,000 per year in gross rent, providing immediate cash flow and a reliable return from day one. Both units are tenant-occupied with steady rental history, making this a true turnkey opportunity for any investor looking to expand their portfolio with a low-maintenance, income-producing asset. Located in the growing Mill River/State Street district, the home offers excellent proximity to Downtown New Haven, Yale University, East Rock Park, major employers, dining, shopping, and quick access to I-91.The area continues to show strong rental demand, making 1380 State Street a smart long-term investment. Whether you're a seasoned investor or entering the multifamily market, this property checks all the boxes for stability, location, and income potential.
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Home facts
- Year built:1900
- Listing ID #:24142805
- Added:2 day(s) ago
- Updated:December 04, 2025 at 12:33 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,101 sq. ft.
Heating and cooling
- Heating:Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:3,101 sq. ft.
- Lot area:0.1 Acres
Schools
- High school:James Hillhouse
- Middle school:Per Board of Ed
- Elementary school:Lincoln Bassett
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$414,900
- Price per sq. ft.:$133.8
- Tax amount:$6,445 (July 2025-June 2026)
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