$730,000

241 W Ivy St New Haven, CT 06511

Newhallville Neighborhood

Estimated payment $4,604/month

Total Views 2,220
12 Beds
5 Baths
4,286 Sq Ft
$170 Price per Sq Ft

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

Javyn Roundtree 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,977

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Newhallville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4286
  • Total Sq Ft: 4286
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Tenants will let you in
  • Living Area Sq Ft Per Public Record: 4286
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Attic Description: Unfinished, Access Via Hatch
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 241

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: James Hillhouse
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2
  • Parcel #: 1255879

Multi Family

  • Gross Annual Income: 94608
  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 8977
  • Total Assessed Value: 227850
  • Mil Rate Total: 39.4

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: James Hillhouse

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
02/22/2013 02/22/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $195,000 -- --
Source: SmartMLS

Source: SmartMLS

MLS Number: 24127070

SmartMLS
Connecticut New Haven County New Haven 06511 Newhallville

241 W Ivy St, New Haven, CT

This home is located at 241 W Ivy St, New Haven, CT 06511 and is currently priced at $730,000, approximately $170 per square foot. This property was built in 1900. 241 W Ivy St is a home located in New Haven County with nearby schools including Highville Charter 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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Javyn Roundtree
Listing Agent
Javyn Roundtree
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Javyn Roundtree
(203) 350-0446