$1,190,000
UNDER CONTRACT $50K PRICE DROP

373 Blatchley Ave New Haven, CT 06513

Fair Haven Neighborhood

Estimated payment $7,738/month

Total Views 16,995
15 Beds
9 Baths
7,716 Sq Ft
$154 Price per Sq Ft

Highlights

  • Hot Water Circulator
  • Hot Water Heating System
  • Level Lot

About This Home

This rare 9-unit multifamily offers tremendous value-add potential and strong cash flow upside. Each oversized unit is filled with natural light and features updated kitchens and baths, with several equipped with high-efficiency Navien systems for reduced operating costs. All utilities are separate and tenant-paid, maximizing income. Several units are already rent-ready and marketed-market comps show 1-bedrooms renting for $1,350/month and 2-bedrooms for $1,600/month. The local market is strong, with a recent 8-unit sale nearby closing at $1.88M. Prime location just minutes to State Street, I-91, I-95, and Yale University keeps demand high. With large square footage, solid rental demand, and room for renovations or lease-up, this property is poised for immediate returns and long-term appreciation. Don't miss this rare chance to invest in a thriving New Haven market!

Listing Agent

Lisa Cozzi

Century 21 AllPoints Realty Brokerage Phone: (860) 508-2102 License #REB.0789668 Listed on: 08/12/2025

Century 21 AllPoints Realty

Co-Listing Agent

Chantal Lallier

Century 21 AllPoints Realty Brokerage Phone: (860) 508-2102 License #RES.0824820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,250

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • 7,716 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 9 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 9 Units
  • Gross Income $74,580

Listing and Financial Details

  • Assessor Parcel Number 1243494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,250

Year Built

Built in 1910

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: 7716
  • Total Sq Ft: 7716
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Street Type: Avenue
  • Office Attribution Contact: (860) 263-2121
  • Reserve Prospect: No
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 15
  • Total Bathrooms: 9
  • Full Bathrooms: 9
  • Basement Description: Full, Unfinished, Shared Basement
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Gable Tile
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.14
  • Lot Description: Level Lot
  • Zoning: RM2
  • Parcel #: 1243494

Multi Family

  • Gross Annual Income: 74580
  • Total Number Of Units: 9

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 18250

MLS Schools

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

Map

Range of Values:

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Value Increase
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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
12/17/2025 12/17/25 Price Changed $1,190,000 -0.8% $154 / Sq Ft
11/03/2025 11/03/25 Price Changed $1,200,000 -3.2% $156 / Sq Ft
08/12/2025 08/12/25 For Sale $1,240,000 -- $161 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24110007

SmartMLS
Connecticut New Haven County New Haven 06513 Fair Haven

373 Blatchley Ave, New Haven, CT

Under Contract

MultiFamily

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Lisa Cozzi
Listing Agent
Lisa Cozzi
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Century 21 AllPoints Realty
(475) 275-6916