$1,320,000
SOLD JUN 30, 2025

28 Ferris Ave Norwalk, CT 06854

Spring Hill Neighborhood
9 Beds
6 Baths
10,043 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

6% Below List Price

52 Days on Market

Highlights

  • Attic
  • Baseboard Heating
  • Level Lot

About This Home

As of June 2025

Exceptional investment opportunity in a highly desirable Norwalk location! This 6-unit property features a diverse unit mix: one 3-bedroom, one 2-bedroom, and four 1-bedroom units, appealing to a broad tenant base. The 3-bedroom unit includes an in-unit washer and dryer, adding convenience and rental appeal. With below-market rents, this asset presents significant value-add potential through strategic rent increases and property enhancements. Located near major highways, public transportation, shopping, and dining, it has strong tenant demand and long-term appreciation. A prime opportunity for investors looking to maximize cash flow and equity growth.

Last Agent to Sell the Property

Joseph Tracey

William Raveis Real Estate License #RES.0805092 Listed on: 03/17/2025

William Raveis Real Estate

Co-Listed By

Ryan Newport

Social & Co Realty License #RES.0826459

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,514

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Concrete Siding
  • Stucco Exterior

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 250656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,514

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4650
  • Sq Ft Est Heated Below Grade: 5393
  • Total Sq Ft: 10043
  • Year Built: 1975
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: per gps
  • Financing Used: Withheld
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.23
  • Lot Description: Level Lot
  • Zoning: D
  • Parcel #: 250656

Multi Family

  • Total Number Of Units: 6

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 17514

MLS Schools

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $1,320,000 -4.0% $131 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $1,374,999 -1.8% $137 / Sq Ft
03/17/2025 03/17/25 For Sale $1,399,999 -- $139 / 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 $17,778 $742,410 $246,650 $495,760
2024 $17,514 $742,410 $246,650 $495,760
2023 $14,007 $556,690 $204,950 $351,740
2022 $13,746 $556,690 $204,950 $351,740
2021 $13,388 $556,690 $204,950 $351,740
2020 $13,381 $556,690 $204,950 $351,740
2019 $13,007 $556,690 $204,950 $351,740
2018 $8,555 $320,880 $122,970 $197,910
2017 $8,262 $320,890 $122,970 $197,920
2016 $4,985 $195,500 $122,970 $72,530
2015 $4,972 $195,500 $122,970 $72,530
2014 $8,054 $320,880 $122,970 $197,910
Source: Public Records

Agents Affiliated with this Home

  • Joseph Tracey

    Seller's Agent in 2025

    Joseph Tracey

    William Raveis Real Estate

    (203) 676-9953

    1 in this area

    75 Total Sales

    Joseph Tracey
    Section Image
  • Ryan Newport

    Seller Co-Listing Agent in 2025

    Ryan Newport

    Social & Co Realty

    (860) 414-2265

    1 in this area

    44 Total Sales

    Ryan Newport
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    Non-Member

See All Agents

Map

Source: SmartMLS

MLS Number: 24081046

SmartMLS
Connecticut Fairfield County Norwalk 06854 Spring Hill

28 Ferris Ave, Norwalk, CT

Sold

MultiFamily

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