241 W Ivy St New Haven, CT 06511
Newhallville NeighborhoodEstimated payment $4,434/month
Highlights
- Attic
- Hot Water Heating System
- 4-minute walk to Frances Veitch Memorial Field
- Hot Water Circulator
- Level Lot
About This Home
Prime investment opportunity in New Haven! This fully-occupied multi-family generates a strong $94,608 in annual gross rental income, making it an excellent addition to any portfolio. All units are currently leased, providing immediate and reliable cash flow for investors. The property offers spacious layouts and a desirable location near downtown New Haven, Yale University, major hospitals, public transportation, and highway access, ensuring consistent rental demand year after year. Tenants enjoy convenient access to neighborhood amenities including shopping, dining, and local parks. With solid rental income already in place and no vacancies, this property is a turnkey investment ready for its next owner. Don't miss this chance to secure a high-performing asset in the heart of New Haven.
Listing Agent
Javyn Roundtree Brokerage Phone: (475) 227-4312 License #REB.0795713 Listed on: 09/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,977
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Level Lot
Home Design
- Side-by-Side
- Concrete Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Asbestos Siding
Interior Spaces
- 4,286 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Full Bathrooms
Attic
- Unfinished Attic
- Attic or Crawl Hatchway Insulated
Schools
- James Hillhouse High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Hot Water Circulator
- Oil Water Heater
- Fuel Tank Located in Basement
Community Details
- 5 Units
- Gross Income $94,608
Listing and Financial Details
- Assessor Parcel Number 1255879
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | Price Changed | $700,000 | -4.1% | $163 / Sq Ft | |
| 09/16/2025 09/16/25 | For Sale | $730,000 | +329.4% | $170 / Sq Ft | |
| 03/18/2013 03/18/13 | Sold | $170,000 | -12.8% | -- | View Prior Sale |
| 02/22/2013 02/22/13 | Pending | -- | -- | -- | |
| 10/12/2012 10/12/12 | For Sale | $195,000 | -- | -- |
Source: SmartMLS
MLS Number: 24127070
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