40 Shelton Avenue, New Haven, CT 06511

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
40 Shelton Avenue,New Haven, CT 06511
$740,000
  • 12 Beds
  • 6 Baths
  • 5,661 sq. ft.
  • Multi-family
  • Active
Listed by: javyn roundtree, aharon cowen
Office: javyn roundtree
MLS#:24127390
Source:CT

Price summary

  • Price:$740,000
  • Price per sq. ft.:$130.72

About this home

Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1910
  • Listing ID #:24127390
  • Added:54 day(s) ago
  • Updated:November 11, 2025 at 12:49 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,661 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1910
  • Building area:5,661 sq. ft.
  • Lot area:0.07 Acres

Schools

  • High school:James Hillhouse
  • Middle school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$740,000
  • Price per sq. ft.:$130.72
  • Tax amount:$10,574 (July 2025-June 2026)
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.

New listings near 40 Shelton Avenue