Don't Miss This Incredible Investment Opportunity! Perfect for owner-occupants or savvy investors, this beautifully updated three-family home is located in New Haven. Each unit offers spacious living with modern updates, making it ideal for steady rental income or multi-generational living. The roof and siding were replaced in 2023, ensuring peace of mind. With a strong tenant base already in place, this property is truly turn-key. Enjoy the convenience of being just minutes from Yale University, top-rated dining, shopping, and entertainment options. A must-see for anyone looking to invest in one of New Haven's most sought-after areas! More pictures to follow
Sold for $545,000
$545,000
198 Exchange Street, New Haven, CT 06513
8beds
3,196sqft
Multi Family
Built in 1900
-- sqft lot
$564,300 Zestimate®
$171/sqft
$2,075 Estimated rent
Home value
$564,300
$502,000 - $638,000
$2,075/mo
Zestimate® history
Owner options
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$2,075/mo
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$3,900/mo
Est. payment
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$3,900/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Natalie Zoef 860-882-8784,
Vanguard Private Client Grp 203-887-2553,
Andrew Stein 203-927-0455,
Vanguard Private Client Grp
Bought with:
Donn Wilson, RES.0831882
Redfin Corporation
Source: Smart MLS,MLS#: 24093778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- None
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,196
- Total interior livable area: 3,196 sqft
- Finished area above ground: 3,196
Property
Parking
- Parking features: None
Lot
- Size: 4,791 sqft
- Features: Level
Details
- Parcel number: 1243134
- Zoning: RM2
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 & neighborhood
Location
- Region: New Haven
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Sold | $545,000+3.8%$171/sqft |
Source:  Smart MLS #24093778 Report a problem | ||
| 6/26/2025 | Pending sale | $525,000$164/sqft |
Source: Smart MLS #24093778 Report a problem | ||
| 5/9/2025 | Listed for sale | $525,000+105.9%$164/sqft |
Source: Smart MLS #24093778 Report a problem | ||
| 2/20/2023 | Sold | $255,000-14.7%$80/sqft |
Source: Smart MLS #170533248 Report a problem | ||
| 11/14/2022 | Contingent | $299,000$94/sqft |
Source: Smart MLS #170533248 Report a problem | ||
| 11/1/2022 | Listed for sale | $299,000+247.7%$94/sqft |
Source: Smart MLS #170533248 Report a problem | ||
| 10/31/2008 | Sold | $86,000-69.8%$27/sqft |
Source: Smart MLS #B982457 Report a problem | ||
| 5/24/2006 | Sold | $285,000+54.1%$89/sqft |
Source: Public Record Report a problem | ||
| 2/7/2005 | Sold | $185,000+9.5%$58/sqft |
Source: Public Record Report a problem | ||
| 3/17/2004 | Sold | $169,000+482.8%$53/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $29,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,900 +2.3% | $225,890 |
| 2024 | $8,697 +17.5% | $225,890 +13.5% |
| 2023 | $7,401 -6.4% | $198,940 |
| 2022 | $7,908 +52.2% | $198,940 +68% |
| 2021 | $5,197 | $118,440 |
| 2020 | $5,197 +2.1% | $118,440 |
| 2019 | $5,091 | $118,440 |
| 2018 | $5,091 +11.1% | $118,440 |
| 2017 | $4,581 +31.5% | $118,440 +41.2% |
| 2016 | $3,484 | $83,860 |
| 2015 | $3,484 | $83,860 |
| 2014 | $3,484 +1.8% | $83,860 |
| 2013 | $3,421 +4.9% | $83,860 |
| 2012 | $3,260 -55.5% | $83,860 -49.8% |
| 2011 | $7,329 | $166,950 |
| 2010 | $7,329 +4% | $166,950 |
| 2009 | $7,047 +70.1% | $166,950 +70% |
| 2007 | $4,144 +14.1% | $98,182 +21.2% |
| 2006 | $3,632 +23.6% | $80,990 +8.9% |
| 2004 | $2,939 +2.6% | $74,340 |
| 2003 | $2,864 -6.7% | $74,340 -15.3% |
| 2000 | $3,069 | $87,800 |
Find assessor info on the county website
Neighborhood: Fair Haven
Nearby schools
GreatSchools rating
- 3/10Fair Haven SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Wilbur Cross High SchoolGrades: 9-12Distance: 1.3 mi
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$564,300
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$575,586
- Connecticut
- New Haven County
- New Haven
- 06513
- Fair Haven
- 198 Exchange Street
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