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Sold for $545,000
    • $545,000

    198 Exchange Street, New Haven, CT 06513

    8beds
    3,196sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $569,300 Zestimate®
    $171/sqft
    $2,185 Estimated rent

    Home value

    $569,300

    $507,000 - $643,000

    $2,185/mo

    Zestimate® history
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    $3,966/mo

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    What's special

    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

    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#: 24093778MLS Logo

    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 Square Feet
    • 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 & HOA

    HOA
    • Has HOA: No
    Location
    • Region: New Haven

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $225,890
    • Annual tax amount: $8,900
    • Date on market: 5/6/2025

    Price history

    DateEventPrice
    7/8/2025Sold$545,000+3.8%$171/sqft
    Source: Smart MLS #24093778 Report a problem
    6/26/2025Pending sale$525,000$164/sqft
    Source: Smart MLS #24093778 Report a problem
    5/9/2025Listed for sale$525,000+105.9%$164/sqft
    Source: Smart MLS #24093778 Report a problem
    2/20/2023Sold$255,000-14.7%$80/sqft
    Source: Smart MLS #170533248 Report a problem
    11/14/2022Contingent$299,000$94/sqft
    Source: Smart MLS #170533248 Report a problem
    11/1/2022Listed for sale$299,000+247.7%$94/sqft
    Source: Smart MLS #170533248 Report a problem
    10/31/2008Sold$86,000-69.8%$27/sqft
    Source: Smart MLS #B982457 Report a problem
    5/24/2006Sold$285,000+54.1%$89/sqft
    Source: Public Record Report a problem
    2/7/2005Sold$185,000+9.5%$58/sqft
    Source: Public Record Report a problem
    3/17/2004Sold$169,000+482.8%$53/sqft
    Source: Public Record Report a problem
    3/3/2003Sold$29,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

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    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $569,300
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    +$11,386
    With Zillow Showcase(estimated)
    $580,686
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $569,300
    2% more
    +$11,386
    With Zillow Showcase(estimated)
    $580,686

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