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Sold for $690,000
  • $690,000

    40 Shelton Avenue, New Haven, CT 06511

    12beds
    5,661sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $698,300 Zestimate®
    $122/sqft
    $1,902 Estimated rent

    Home value

    $698,300

    $621,000 - $782,000

    $1,902/mo

    Zestimate® history
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    What's special

    Full basement
    Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*

    Zillow last checked:

    Listing updated:

    Listed by:

    Javyn Roundtree (475)227-4312,

    Roundtree Realty LLC 475-227-4312,

    Aharon Cowen 747-252-3955,

    Roundtree Realty LLC

    Bought with:

    Sonia Grant, RES.0766925

    Higgins Group Real Estate

    Source: Smart MLS,MLS#: 24127390MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Hot Water, Natural Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Water Heater
    Features
    • Basement: Full,Unfinished
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 5,661
    • Total interior livable area: 5,661 sqft
    • Finished area above ground: 5,661

    Property

    Lot
    • Size: 3,049 Square Feet
    • Features: Level
    Details
    • Parcel number: 1253008
    • 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: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Newhallville
    HOA
    • Has HOA: No
    Location
    • Region: New Haven

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $268,380
    • Annual tax amount: $10,574
    • Date on market: 9/17/2025

    Price history

    DateEventPrice
    3/20/2026Sold$690,000$122/sqft
    Source: Smart MLS #24127390 Report a problem
    12/11/2025Pending sale$690,000$122/sqft
    Source: Smart MLS #24127390 Report a problem
    11/17/2025Price change$690,000-6.8%$122/sqft
    Source: Smart MLS #24127390 Report a problem
    10/30/2025Price change$740,000-3.3%$131/sqft
    Source: Smart MLS #24127390 Report a problem
    10/17/2025Price change$765,000-3.8%$135/sqft
    Source: Smart MLS #24127390 Report a problem
    9/17/2025Listed for sale$795,000+13.6%$140/sqft
    Source: Smart MLS #24127390 Report a problem
    4/18/2024Listing removed--
    Source: Smart MLS #170615061 Report a problem
    1/29/2024Price change$699,900-3.4%$124/sqft
    Source: Smart MLS #170615061 Report a problem
    1/22/2024Price change$724,900-3.3%$128/sqft
    Source: Smart MLS #170615061 Report a problem
    1/16/2024Price change$749,900-6.3%$132/sqft
    Source: Smart MLS #170615061 Report a problem
    12/18/2023Listed for sale$799,900+65.8%$141/sqft
    Source: Smart MLS #170615061 Report a problem
    12/3/2021Sold$482,500-8.1%$85/sqft
    Source: Smart MLS #170430027 Report a problem
    8/23/2021Contingent$525,000$93/sqft
    Source: Smart MLS #170430027 Report a problem
    8/17/2021Listed for sale$525,000+23.5%$93/sqft
    Source: Smart MLS #170430027 Report a problem
    12/3/2020Listing removed$425,000$75/sqft
    Source: Citi Atlas Real Estate Co LLC #170298661 Report a problem
    10/27/2020Price change$425,000-5.6%$75/sqft
    Source: Citi Atlas Real Estate Co LLC #170298661 Report a problem
    8/1/2020Price change$450,000-4.3%$79/sqft
    Source: Citi Atlas Real Estate Co LLC #170298661 Report a problem
    6/29/2020Price change$470,000-11.3%$83/sqft
    Source: Citi Atlas Real Estate Co LLC #170298661 Report a problem
    6/5/2020Price change$530,000-5.4%$94/sqft
    Source: Citi Atlas Real Estate Co LLC #170298661 Report a problem
    5/26/2020Listed for sale$560,000+119.6%$99/sqft
    Source: Citi Atlas Real Estate Co LLC #170298661 Report a problem
    1/6/2016Listing removed$795
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    12/24/2015Price change$795-6.5%
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    11/5/2015Price change$850-5%
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    7/29/2015Listed for rent$895+15.5%
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    12/19/2014Listing removed$775
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    11/5/2014Price change$775-8.8%
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    9/3/2014Listed for rent$850
    Source: Paris Realty- Apartments for rent in new haven. Report a problem
    3/27/2008Sold$255,000$45/sqft
    Source: Smart MLS #G485870 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Newhallville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: James Hillhouse

    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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    $712,266