118 Grafton St New Haven, CT 06513
Fair Haven NeighborhoodEstimated payment $2,336/month
Highlights
- Very Popular Property
- Heating System Uses Steam
- 3-minute walk to Chatham Square Park
- Walking Distance to Water
- Level Lot
About This Home
Calling contractors and investors! Fantastic equity opportunity in Fair Haven. Over 4,000 sq. ft. 3-family on a quiet residential street. The third floor is partially gut-rehabbed. The second floor has already been gutted and is framed for 3 bedrooms and 2 full bathrooms. The first floor is ready to be freshened up or fully remodeled-whatever suits your vision. Buyer to verify with zoning, but 4,000+ sq. ft. may allow for a 4th unit by right (basement ceiling height appears sufficient). This is a terrific flip or long-term hold opportunity. The current owner has multiple rehab projects and is ready to move this one along rather than continue holding it. Bring your vision and make it shine. Don't miss it!
Listing Agent
Houlihan Lawrence WD Brokerage Phone: (203) 996-4984 License #RES.0781704 Listed on: 12/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,154
Year Built
- Built in 1910
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
- Asbestos Siding
Interior Spaces
- 4,146 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Walking Distance to Water
Utilities
- Heating System Uses Steam
- No Hot Water
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 1242563
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,154 | $232,330 | $46,480 | $185,850 |
| 2024 | $8,945 | $232,330 | $46,480 | $185,850 |
| 2023 | $8,643 | $232,330 | $46,480 | $185,850 |
| 2022 | $9,235 | $232,330 | $46,480 | $185,850 |
| 2021 | $7,298 | $166,320 | $32,760 | $133,560 |
| 2020 | $7,298 | $166,320 | $32,760 | $133,560 |
| 2019 | $7,148 | $166,320 | $32,760 | $133,560 |
| 2018 | $7,148 | $166,320 | $32,760 | $133,560 |
| 2017 | $6,433 | $166,320 | $32,760 | $133,560 |
| 2016 | $5,657 | $136,150 | $28,280 | $107,870 |
| 2015 | $5,657 | $136,150 | $28,280 | $107,870 |
| 2014 | $5,657 | $136,150 | $28,280 | $107,870 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $300,000 | -20.6% | $72 / Sq Ft | |
| 02/22/2022 02/22/22 | Sold | $378,000 | -0.1% | $91 / Sq Ft | View Prior Sale |
| 01/17/2022 01/17/22 | Pending | -- | -- | -- | |
| 01/11/2022 01/11/22 | For Sale | $378,500 | +52.0% | $91 / Sq Ft | |
| 01/18/2018 01/18/18 | Sold | $249,000 | -0.4% | $60 / Sq Ft | View Prior Sale |
| 01/09/2018 01/09/18 | Pending | -- | -- | -- | |
| 11/01/2017 11/01/17 | For Sale | $249,900 | 0.0% | $60 / Sq Ft | |
| 10/29/2017 10/29/17 | Pending | -- | -- | -- | |
| 08/01/2017 08/01/17 | For Sale | $249,900 | +38.8% | $60 / Sq Ft | |
| 11/01/2012 11/01/12 | Sold | $180,000 | -2.7% | $43 / Sq Ft | View Prior Sale |
| 06/12/2012 06/12/12 | Pending | -- | -- | -- | |
| 05/11/2012 05/11/12 | For Sale | $185,000 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $378,000 | None Available | |
| Warranty Deed | $249,000 | -- | |
| Warranty Deed | $180,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Previous Owner | $244,489 | FHA | |
| Previous Owner | $176,739 | FHA | |
| Previous Owner | $12,764 | No Value Available |
Source: SmartMLS
MLS Number: 24144246
APN: NHVN-000161-000784-002500
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