$599,000

1 day on market

$603,704

$4.7K

Estimated value as of Jun 2025

122 Derby Avenue, New Haven,New Haven, Connecticut, 06511
7
5
3,434 sqft

MLS® # 24104436

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. Two units are currently leased and three 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, 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.

122 Derby Avenue, New Haven

Explore

Home details

  • Category

  • Residential

  • Style

  • Multi-Family For Sale

  • Type

  • Units on different Floors,Units are Side-by-Side

  • Taxes / Year

  • $8,716 / July 2024-June 2025

  • Status

  • New

  • Days on Market

  • 1 days ago

  • List Date

  • 06/16/2025

  • Listing Updated On

  • 06/16/2025

  • Year Built

  • 1900

Features

Beds & Baths
  • Total Beds

  • 7

  • Baths

  • 5

Heating & Cooling
  • Heating Type

  • Baseboard,Hot Air,Radiator

  • Air Conditioning

  • None

  • Fireplaces

  • No

Parking & Garage
  • Total Parking

  • 5

  • Parking Type

  • None, Off Street Parking

Basement
  • Type

  • Full,Unfinished

Exterior Features

Construction
  • Year Built

  • 1900

Construction Details
  • Foundation Type

  • Brick,Concrete

  • Roof Material

  • Asphalt Shingle

  • Exterior

  • Vinyl Siding

Water & Sewer
  • Water Supply

  • Public Water Connected

  • Sewer

  • Public Sewer Connected

Legal
  • Brokerage

  • Alpha Capital Realty, LLC

Sale History

Active

(1 day on market)

Viewing now

2025-06-16

Listed For Sale

$599,000

MLS® # 24104436

19XX-XX-XX

Brokerage Name

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19XX-XX-XX

Listed For Sale

MLS® # 24052876

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Brokerage Name

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19XX-XX-XX

Listed For Sale

MLS® # 24083082

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