Great 3-Family Investment Opportunity in Meriden! Well-maintained 3-family home in a convenient Meriden location with easy access to major highways. The first-floor 2-bedroom unit is in immaculate condition, while the second and third floors each offer 3 bedrooms. The property features parking for at least 10 cars, a very clean basement, and an efficient gas heating system. All three units are currently rented, with rents well below today's market rates. The current tenants have been renting for over 10 years, providing excellent long-term rental history and stability .A fantastic opportunity for an investor looking for a solid multi-family property with significant potential to increase rental income!
Under contract
Price cut: $50K (8/27)
$449,900
115 Franklin Street, Meriden, CT 06450
8beds
2,796sqft
Multi Family
Built in 1880
-- sqft lot
$447,600 Zestimate®
$161/sqft
$-- HOA
What's special
Efficient gas heating systemVery clean basement
- 46 days
- 27
- 0
Zillow last checked:
Listing updated:
Listed by:
NATUZZA'S TEAM AT WILLIAM RAVEIS REAL ESTATE,
Natuzza Dimasi (203)715-3500,
William Raveis Real Estate 860-344-1658
Source: Smart MLS,MLS#: 24200668
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,796
- Total interior livable area: 2,796 sqft
- Finished area above ground: 2,796
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 1180720
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Meriden
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $137,900
- Annual tax amount: $5,228
- Date on market: 8/20/2026
Estimated market value
$447,600
$425,000 - $470,000
$2,255/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Pending sale | $449,900$161/sqft |
Source:  Smart MLS #24200668 Report a problem | ||
| 8/27/2026 | Price change | $449,900-10%$161/sqft |
Source: Smart MLS #24200668 Report a problem | ||
| 8/20/2026 | Listed for sale | $499,900+2399.5%$179/sqft |
Source: Smart MLS #24200668 Report a problem | ||
| 9/4/2013 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 8/14/2013 | Price change | $20,000-88%$7/sqft |
Source: Auction.com Report a problem | ||
| 8/13/2013 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 10/22/2004 | Sold | $167,000+28.6%$60/sqft |
Source: Smart MLS #G359453 Report a problem | ||
| 4/15/2003 | Sold | $129,900$46/sqft |
Source: Smart MLS #G306902 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,228 -1.6% | $137,900 |
| 2024 | $5,311 +3.8% | $137,900 |
| 2023 | $5,119 +6% | $137,900 |
| 2022 | $4,829 +4.9% | $137,900 +30.4% |
| 2021 | $4,604 +0.3% | $105,770 |
| 2020 | $4,591 +0.9% | $105,770 |
| 2019 | $4,552 -0.4% | $105,770 |
| 2018 | $4,570 +2.7% | $105,770 |
| 2017 | $4,449 +10% | $105,770 +1.4% |
| 2016 | $4,044 | $104,300 |
| 2015 | $4,044 +2.5% | $104,300 |
| 2014 | $3,946 -28.6% | $104,300 -30% |
| 2013 | $5,526 +18.9% | $149,000 +0.8% |
| 2010 | $4,646 +9% | $147,810 |
| 2009 | $4,264 -3.5% | $147,810 |
| 2008 | $4,418 -1.3% | $147,810 |
| 2007 | $4,474 +45% | $147,810 +113.3% |
| 2006 | $3,085 +4.8% | $69,300 |
| 2005 | $2,945 -23.3% | $69,300 -33.6% |
| 2004 | $3,838 +48.5% | $104,300 +50.5% |
| 2003 | $2,585 -3.9% | $69,300 -0.3% |
| 1995 | $2,690 | $69,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 06450
Nearby schools
Schools provided by the listing agent
- Middle: Washington
- High: Francis T. Maloney
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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