NOT LISTED FOR SALE
12 Beds
6 Baths
5,661 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: March 20, 2026

Last sale price $690,000 $122 Per Sq Ft

85 Days on Market

About This Home

As of March 2026

Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*

Last Agent to Sell the Property

Javyn Roundtree

Roundtree Realty LLC Brokerage Phone: (475) 227-4312 License #REB.0795713 Listed on: 09/17/2025

Co-Listed By

Aharon Cowen

Roundtree Realty LLC Brokerage Phone: (475) 227-4312 License #RES.0832571

Last Buyer's Agent

Sonia Grant

Higgins Group Real Estate License #RES.0766925

Higgins Group Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,574

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 5,661 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Schools

  • James Hillhouse High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 1253008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,574

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Neighborhood: Newhallville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 5661
  • Total Sq Ft: 5661
  • Year Built: 1910
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Tenants will let you in
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Office Attribution Contact: (475) 227-4312
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement Description: Full, Unfinished
  • Attic: No

Exterior Features

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

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.07
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2
  • Parcel #: 1253008

Multi Family

  • Total Number Of Units: 6

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 10574

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2026
Sold by
Bought by

Purchase Details

Listed on
Aug 17, 2021
Closed on
Dec 3, 2021
Sold by
Bought by
Seller's Agent
Ian Ross
Mia Realty LLC
Buyer's Agent
Adam Devine
Dorrance Realty
List Price
$525,000
Sold Price
$482,500
Premium/Discount to List
-$42,500
-8.1%

Purchase Details

Closed on
Feb 25, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 6, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newhallville, CT

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$690,000 --
-- None Available
-- None Available
-- --
-- --
-- --
$208,000 --
$250,000 --
$255,000 --
$20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $231,000
Closed $231,000
Previous Owner $300,000
Previous Owner $144,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2026 03/20/26 Sold $690,000 0.0% $122 / Sq Ft
12/11/2025 12/11/25 Pending -- -- --
11/17/2025 11/17/25 Price Changed $690,000 -6.8% $122 / Sq Ft
10/30/2025 10/30/25 Price Changed $740,000 -3.3% $131 / Sq Ft
10/17/2025 10/17/25 Price Changed $765,000 -3.8% $135 / Sq Ft
09/17/2025 09/17/25 For Sale $795,000 +64.8% $140 / Sq Ft
12/03/2021 12/03/21 Sold $482,500 -8.1% $85 / Sq Ft View Prior Sale
10/23/2021 10/23/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $525,000 -- $93 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,574 $268,380 $32,270 $236,110
2024 $10,333 $268,380 $32,270 $236,110
2023 $9,984 $268,380 $32,270 $236,110
2022 $10,668 $268,380 $32,270 $236,110
2021 $10,164 $231,630 $25,830 $205,800
2020 $10,164 $231,630 $25,830 $205,800
2019 $9,955 $231,630 $25,830 $205,800
2018 $9,955 $231,630 $25,830 $205,800
2017 $8,959 $231,630 $25,830 $205,800
2016 $7,231 $174,020 $11,550 $162,470
2015 $7,231 $174,020 $11,550 $162,470
2014 $7,231 $174,020 $11,550 $162,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24127390

SmartMLS
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