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Prospect Hill Multifamily Homes & Duplexes for Sale

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    $1,395,000

    • 16 Beds
    • 7 Baths
    • 7,480 Sq Ft

    212 Sheffield Ave, New Haven, CT 06511

    Amazing fully occupied 7 unit brick building two blocks away from Science Park, Albertus Magnus and a short bike ride to Downtown New Haven & Yale! The building is fully occupied with great tenants. The building consist of three spacious (3 bed, 1 bath apartment), three (2 bedroom, 1 bath) apartments and one (1 bed, 1 bath apartment). The apartments feature spacious living rooms with hardwood

    Jack Hill Seabury Hill REALTORS

    212 Sheffield Ave, New Haven, CT 06511
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    $1,050,000

    • 18 Beds
    • 6 Baths
    • 5,382 Sq Ft

    593 Winchester Ave, New Haven, CT 06511

    Turnkey 6-unit multifamily just steps from Science Park and Yale. Fully gut-renovated inside and out, this asset features (6) large 3BR/1BA units with separate utilities-tenants pay heat and electric. Projected market rents of $2,050/unit yield a potential 10% cap rate. Coin-op laundry for additional income. Located in a high-demand rental corridor with sub-5% vacancy and strong tenant base

    Andrew Stein Vanguard Private Client Grp

    593 Winchester Ave, New Haven, CT 06511

Why Live in Prospect Hill

Prospect Hill in New Haven is a historic neighborhood known for its early 20th-century architecture and proximity to Yale University. The area features Tudor Revivals, Queen Annes, and shingle-style homes, many of which are listed on the National Register of Historic Places. These homes often come with generous yards, sometimes up to an acre, providing ample space despite the urban setting. The neighborhood is highly walkable, with residents frequently visiting local spots like Poppy's Coffee and Kitchen and Nica’s Market. State Street offers a pedestrian-friendly commercial corridor with various dining options. For outdoor activities, Edgerton Park and East Rock Park provide landscaped gardens, greenhouses, and scenic views, while the Farmington Canal Greenway trail offers a 50-mile paved path for biking and walking. The area is well-connected with sidewalk-lined roads, biking infrastructure, and public transportation options, including CT Transit buses and the nearby State Street Station for train travel to New York. Yale University, a major regional employer, is within walking distance, making the neighborhood popular among faculty and staff. Despite its central location, Prospect Hill maintains a low crime risk compared to the national average.

Home Trends in Prospect Hill, CT

Housing Trends

Median Sale Price
$1,150,000
Median Single Family Sale Price
$1,450,000
Median 2 Bedroom Sale Price
$410,000
Average Price Per Sq Ft
$336
Number of Homes for Sale
3
Last 12 months Home Sales
10
Months of Supply
3.60
Median List Price
$424,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
172%
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