Estimated payment $3,190/month
Highlights
- Popular Property
- Attic
- Wood Siding
- Finished Attic
- Baseboard Heating
About This Home
Incredible Mixed-Use Investment Opportunity in the Heart of Derby! Welcome to 21-21 Derby Avenue, a unique and versatile 4-unit mixed-use property located in the rapidly growing city of Derby, CT. Just minutes from the Merritt Parkway and Route 8, this property offers prime accessibility for both residents and businesses alike. The two upper-level units are spacious, side-by-side townhome-style apartments, each offering two floors of living space with 4 bedrooms and 1.5 bathrooms. Both units also feature additional attic space, providing the potential to add up to 3 more bedrooms per unit-a rare value-add opportunity. The ground-level space has been fully gutted and is ready for transformation. Approved architectural plans are in place to convert the space into a 2-bedroom apartment and a commercial office unit, and these plans will transfer with the sale. This property is being sold as-is. Cash or investment financing preferred. Whether you're an experienced investor or a visionary looking to expand your portfolio, this is your chance to capitalize on Derby's continued growth and revitalization. Don't miss out on this rare, high-upside asset in one of Connecticut's most accessible locations.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,628
Year Built
- Built in 1879
Lot Details
- 2,614 Sq Ft Lot
Home Design
- 6,029 Sq Ft Home
- Side-by-Side
- Brick Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Bedrooms and Bathrooms
- 11 Bedrooms
Attic
- Walkup Attic
- Finished Attic
- Partially Finished Attic
Schools
- Derby High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 1093813
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 |
|---|---|---|---|---|
| 2024 | $9,628 | $222,880 | $62,370 | $160,510 |
| 2023 | $8,603 | $222,880 | $62,370 | $160,510 |
| 2022 | $8,603 | $222,880 | $62,370 | $160,510 |
| 2021 | $8,603 | $222,880 | $62,370 | $160,510 |
| 2020 | $8,896 | $202,790 | $62,370 | $140,420 |
| 2019 | $8,491 | $202,790 | $62,370 | $140,420 |
| 2018 | $7,984 | $202,790 | $62,370 | $140,420 |
| 2017 | $7,984 | $202,790 | $62,370 | $140,420 |
| 2016 | $7,984 | $202,790 | $62,370 | $140,420 |
| 2015 | $7,270 | $203,420 | $62,370 | $141,050 |
| 2014 | -- | $203,420 | $62,370 | $141,050 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2025 06/08/25 | For Sale | $449,990 | -- | $75 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $114,500 | Commercial | |
| Previous Owner | $155,000 | Commercial |
Source: SmartMLS
MLS Number: 24102380
APN: DERB-000007-000006-000012
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