Explore a fantastic investment opportunity with this inviting 2-family home just outside the highly desirable East Rock neighborhood of New Haven. This well-maintained multifamily property offers two distinct units: a spacious 3-bedroom, 1-bathroom unit and a comfortable 2-bedroom, 1-bathroom unit, making it ideal for a range of rental needs. Both units feature functional layouts and ample living space, appealing to tenants and ensuring strong rental potential. Situated in a vibrant area known for its proximity to Yale University, parks, and local amenities, this property promises consistent demand and solid rental income. Whether you're a seasoned investor or new to the market, this 2-family home presents a valuable opportunity to enhance your portfolio with a property that combines stability and growth potential.
Sold for $300,000
$300,000
249 Wallace Street, New Haven, CT 06511
5beds
1,515sqft
Multi Family
Built in 1920
-- sqft lot
$336,900 Zestimate®
$198/sqft
$2,181 Estimated rent
Home value
$336,900
$307,000 - $371,000
$2,181/mo
Zestimate® history
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$2,152/mo
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Zillow last checked:
Listing updated:
Listed by:
Zachary T. Pinto 203-816-7926,
Alpha Capital Realty, LLC 860-507-3394,
Anthony DeLorenzo 203-814-7387,
Alpha Capital Realty, LLC
Bought with:
Tianna Vidro, RES.0814835
Berkshire Hathaway NE Prop.
Source: Smart MLS,MLS#: 24038482
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 1,515
- Total interior livable area: 1,515 sqft
- Finished area above ground: 1,515
Property
Parking
- Parking features: None
Lot
- Size: 2,178 Square Feet
- Features: Level
Details
- Parcel number: 1245373
- 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: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: East Rock
HOA
- Has HOA: No
Location
- Region: New Haven
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $117,670
- Annual tax amount: $4,530
- Date on market: 8/9/2024
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $300,000+0%$198/sqft |
Source:  Smart MLS #24038482 Report a problem | ||
| 8/9/2024 | Listed for sale | $299,900+465.8%$198/sqft |
Source: Smart MLS #24038482 Report a problem | ||
| 6/26/2009 | Sold | $53,000-64.6%$35/sqft |
Source: Smart MLS #G531283 Report a problem | ||
| 7/27/2008 | Listing removed | $149,900$99/sqft |
Source: NCI Report a problem | ||
| 4/1/2008 | Listed for sale | $149,900+7.1%$99/sqft |
Source: NCI Report a problem | ||
| 10/18/2006 | Sold | $140,000+300%$92/sqft |
Source: Public Record Report a problem | ||
| 7/14/1987 | Sold | $35,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,636 +2.3% | $117,670 |
| 2024 | $4,530 +3.5% | $117,670 |
| 2023 | $4,377 -6.4% | $117,670 |
| 2022 | $4,677 +55.4% | $117,670 +71.5% |
| 2021 | $3,010 | $68,600 |
| 2020 | $3,010 +2.1% | $68,600 |
| 2019 | $2,948 | $68,600 |
| 2018 | $2,948 +11.1% | $68,600 |
| 2017 | $2,653 +9.9% | $68,600 +18.1% |
| 2016 | $2,414 | $58,100 |
| 2015 | $2,414 | $58,100 |
| 2014 | $2,414 +1.9% | $58,100 |
| 2013 | $2,370 +4.9% | $58,100 |
| 2012 | $2,259 -51.4% | $58,100 -45.1% |
| 2011 | $4,646 | $105,840 |
| 2010 | $4,646 +4% | $105,840 |
| 2009 | $4,468 +65.4% | $105,840 +65.4% |
| 2007 | $2,702 +12.5% | $64,008 +19.5% |
| 2006 | $2,402 +13.5% | $53,550 |
| 2004 | $2,117 +2.6% | $53,550 |
| 2003 | $2,063 +1.2% | $53,550 -8.1% |
| 2000 | $2,038 | $58,300 |
Find assessor info on the county website
Neighborhood: Mill River
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Nearby schools
GreatSchools rating
- 3/10East Rock Community Magnet SchoolGrades: PK-8Distance: 0.6 mi
- 1/10Wilbur Cross High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: East Rock
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
- New Haven County
- New Haven
- 06511
- Mill River
- 249 Wallace Street
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