$433,000
SOLD JUL 3, 2025

21 Derby Ave Unit 23 Derby, CT 06418

11 Beds
6 Baths
6,029 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • Finished Attic
  • Baseboard Heating
  • Wood Siding
  • Attic

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Jerard Gibson

Coldwell Banker Realty License #RES.0799911 Listed on: 06/08/2025

Coldwell Banker Realty

Last Buyer's Agent

Carolyn Colon-Ortega

Century 21 Scala Group License #RES.0811829

Century 21 Scala Group

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,628

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Neighborhood: East Derby
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 6029
  • Total Sq Ft: 6029
  • Year Built: 1879
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 4173
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Attic Description: Partially Finished, Finished, Walk-up
  • Basement Description: None
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 21

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Brick
  • 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: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.06
  • Lot Description: City Views Level Lot Sloping Lot
  • Zoning: B-2
  • Parcel #: 1093813

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 9628
  • Total Assessed Value: 222880
  • Mil Rate Total: 43.2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2016
Sold by
Hochman Stephanie
Bought by
C & R Property Services
Current Estimated Value
$191,229
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,500 Commercial
Previous Owner $155,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $433,000 -3.8% $72 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
06/08/2025 06/08/25 For Sale $449,990 -- $75 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

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 $9,628 $222,880 $62,380 $160,500
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
Source: Public Records

Agents Affiliated with this Home

  • Jerard Gibson

    Seller's Agent in 2025

    Jerard Gibson

    Coldwell Banker

    (203) 843-3319

    1 in this area

    87 Total Sales

    Jerard Gibson
    Section Image
  • Carolyn Colon-Ortega

    Buyer's Agent in 2025

    Carolyn Colon-Ortega

    Century 21 Scala Group

    (203) 218-0702

    3 in this area

    85 Total Sales

    Carolyn Colon-Ortega
    Section Image
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Map

Source: SmartMLS

MLS Number: 24102380

SmartMLS

APN: DERB-000007-000006-000012

Connecticut New Haven County Derby 06418

21 Derby Ave Unit 23, Derby, CT

This home is located at 21 Derby Ave Unit 23, Derby, CT 06418 and is currently priced at $433,000, approximately $71 per square foot. This property was built in 1879. 21 Derby Ave Unit 23 is a home located in New Haven County with nearby schools including Derby Middle School, Derby High School, and St Mary & St Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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