$519,000

112 Smith St Unit 116 Derby, CT 06418

Estimated payment $3,255/month

Total Views 828
7 Beds
3 Baths
2,344 Sq Ft
$221 Price per Sq Ft

About This Home

This 3-family home features two desirable walk-up duplex-style units and a spacious updated 3-bedroom unit on the lower level. This property generates immediate monthly income from the two occupied units, currently rented for $1,850 and $1,750. With strong cash flow from day one and a desirable unit ready for its new owner or tenant, this is the perfect start to your real estate portfolio. The property includes a small backyard for private outdoor space. Conveniently located in Derby with easy access to shopping and commuter routes. Don't let this smart investment pass you by!

Listing Agent

Joseph Martino

Joseph Martino Real Estate License #REB.0792369 Listed on: 08/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1920

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,344 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 4,792 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 1095640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,953

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 2344
  • Total Sq Ft: 2344
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Living Area Sq Ft Per Public Record: 2344
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Partial
  • Attic: No
  • Street Number Modifier: 112

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $275 per unit per year. call city to confirm

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.11
  • Lot Description: N/A
  • Zoning: R-5
  • Parcel #: 1095640

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4953
  • Total Assessed Value: 114660
  • Mil Rate Total: 43.2

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,953 $114,660 $31,660 $83,000
2024 $4,953 $114,660 $31,640 $83,020
2023 $4,426 $114,660 $31,640 $83,020
2022 $4,426 $114,660 $31,640 $83,020
2021 $4,426 $114,660 $31,640 $83,020
2020 $4,072 $92,820 $31,640 $61,180
2019 $3,886 $92,820 $31,640 $61,180
2018 $3,654 $92,820 $31,640 $61,180
2017 $3,654 $92,820 $31,640 $61,180
2016 $3,654 $92,820 $31,640 $61,180
2015 $3,490 $97,650 $31,640 $66,010
2014 -- $97,650 $31,640 $66,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $519,000 +95.8% $221 / Sq Ft
03/23/2021 03/23/21 Sold $265,000 -3.6% $113 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $274,900 -8.1% $117 / Sq Ft
11/13/2020 11/13/20 For Sale $299,000 +12.8% $128 / Sq Ft
10/31/2020 10/31/20 Off Market $265,000 -- --
10/19/2020 10/19/20 For Sale $299,000 +169.4% $128 / Sq Ft
03/21/2016 03/21/16 Sold $111,000 -38.3% $47 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
09/05/2015 09/05/15 For Sale $179,900 -- $77 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $265,000 None Available
Warranty Deed $265,000 None Available
Warranty Deed $111,000 --
Warranty Deed $111,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $198,750 Purchase Money Mortgage
Previous Owner $77,700 Purchase Money Mortgage
Source: Public Records

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Source: SmartMLS

MLS Number: 24118613

SmartMLS

APN: DERB-000009-000004-000091A