Spacious, light filled and well maintained 2 family home in the heart of New Canaan. First time on the market for sale, this home has been in the same family for over 50 years. Steps from restaurants, shopping and library! Here is your opportunity to purchase an income producing 2 family home. First Floor unit has 2 bedrooms, large eat in kitchen and access to covered front porch, finished basement with laundry area and storage. Second Floor unit features, open deck, 1 bedroom plus a study/den (could be used as 2nd bedroom), tall ceilings, laundry room area and eat in kitchen and oozes charm. Rent both units out or live in one and rent out 2nd unit. Also possibility of converting back to Single family residence as the staircase is still intact. Property is being sold AS IS.
Sold for $1,250,000
$1,250,000
118 East Avenue, New Canaan, CT 06840
3beds
3,118sqft
Multi Family
Built in 1900
-- sqft lot
$1,610,900 Zestimate®
$401/sqft
$4,450 Estimated rent
Home value
$1,610,900
$1.40M - $1.87M
$4,450/mo
Zestimate® history
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List your homeWhat's special
Covered front porchOpen deckTall ceilingsFinished basement
Zillow last checked:
Listing updated:
Listed by:
Arlene Bubbico (203)984-2327,
Coldwell Banker Realty 203-966-3737
Bought with:
Yulka Markevich, REB.0755904
Iron Gates Realty
Source: Smart MLS,MLS#: 24116873
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
- Laundry: In Unit
Features
- Basement: Full,Heated,Finished,Interior Entry,Liveable Space,Concrete
- Attic: Storage,Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 3,118
- Total interior livable area: 3,118 sqft
- Finished area above ground: 2,118
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 4
- Parking features: None, Paved, Off Street, Driveway, Asphalt
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Covered
Lot
- Size: 7,405 Square Feet
- Features: Level
Details
- Parcel number: 186441
- Zoning: B2
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: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Health Club, Library, Medical Facilities, Park, Playground, Public Rec Facilities, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: New Canaan
Financial & listing details
- Price per square foot: $401/sqft
- Tax assessed value: $611,450
- Annual tax amount: $10,205
- Date on market: 8/13/2025
- Exclusions: window AC in upper level apartment
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $1,250,000$401/sqft |
Source:  Smart MLS #24116873 Report a problem | ||
| 9/19/2025 | Pending sale | $1,250,000$401/sqft |
Source: Smart MLS #24116873 Report a problem | ||
| 8/13/2025 | Listed for sale | $1,250,000$401/sqft |
Source: Smart MLS #24116873 Report a problem | ||
| 7/11/2018 | Listing removed | $2,250$1/sqft |
Source: Chris Hussey Real Estate #170073931 Report a problem | ||
| 5/31/2018 | Price change | $2,250-5.3%$1/sqft |
Source: Chris Hussey Real Estate #170073931 Report a problem | ||
| 4/18/2018 | Listed for rent | $2,375$1/sqft |
Source: Chris Hussey Real Estate #170073931 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,205 +3.4% | $611,450 |
| 2024 | $9,869 +20.6% | $611,450 +41.5% |
| 2023 | $8,183 +3.1% | $432,040 |
| 2022 | $7,937 +1.2% | $432,040 |
| 2021 | $7,846 | $432,040 |
| 2020 | $7,846 -0.4% | $432,040 |
| 2019 | $7,880 -7.8% | $432,040 -11% |
| 2018 | $8,548 +1.8% | $485,450 |
| 2017 | $8,393 +2.3% | $485,450 |
| 2016 | $8,202 +2% | $485,450 |
| 2015 | $8,040 +2.9% | $485,450 |
| 2014 | $7,816 +12.7% | $485,450 +6.5% |
| 2013 | $6,937 +3.5% | $455,700 |
| 2012 | $6,700 +1.6% | $455,700 |
| 2011 | $6,594 +6.6% | $455,700 +0% |
| 2010 | $6,187 -2.7% | $455,600 |
| 2009 | $6,356 +3% | $455,600 +11.7% |
| 2008 | $6,169 -0.7% | $408,000 |
| 2007 | $6,210 +3.7% | $408,000 |
| 2006 | $5,989 +4.9% | $408,000 |
| 2005 | $5,708 +5.7% | $408,000 |
| 2004 | $5,398 +18.2% | $408,000 +93.9% |
| 2001 | $4,567 +6% | $210,400 +0% |
| 2000 | $4,308 +5% | $210,350 |
| 1999 | $4,102 | $210,350 |
Find assessor info on the county website
Neighborhood: 06840
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Nearby schools
GreatSchools rating
- 10/10East SchoolGrades: K-4Distance: 0.4 mi
- 10/10Saxe Middle SchoolGrades: 5-8Distance: 1.1 mi
- 10/10New Canaan High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: East
- Middle: Saxe Middle
- High: New Canaan
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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- Connecticut
- Fairfield County
- New Canaan
- 06840
- 118 East Avenue
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