For sale

$399,000

42 North 1st Street, Meriden, CT 06451

6beds

2,272sqft

$2,794/mo

Get pre-qualified

Multi Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$176/sqft

$-- HOA

What's special

Excellent opportunity to add an income-producing two-family property to your investment portfolio. This multifamily property offers established tenancy, separate tenant-paid utilities, and the potential for increased income over time. Each unit is equipped with its own Navien heating system, installed in 2025, providing independent heating and added efficiency. Fully occupied with tenant paid utilities, this property offers an appealing investment opportunity with manageable operating expenses and future upside. Even more attractive, 42 N First St can be purchased individually or as a package with the neighboring property at 38 N First St, presenting a unique opportunity to acquire two adjoining multifamily properties and expand your investment portfolio.

11 days
369
40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Hot Water, Natural Gas

Cooling

None

Appliances

Included: Tankless Water Heater

Features

Basement: Full
Attic: None
Has fireplace: No

Interior area

Total structure area: 2,272
Total interior livable area: 2,272 sqft
Finished area above ground: 2,272

Property

Lot

Size: 7,405 Square Feet
Features: Level

Details

Parcel number: 1179170
Zoning: R-3

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: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Meriden

Financial & listing details

Price per square foot: $176/sqft
Tax assessed value: $216,500
Annual tax amount: $6,783
Date on market: 11/4/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/7/2026	Listed for sale	$399,000+175.2%$176/sqft
Source: Smart MLS #24218314 Report a problem
11/3/2022	Sold	$145,000-3.3%$64/sqft
Source: Smart MLS #170526638 Report a problem
10/7/2022	Contingent	$150,000$66/sqft
Source: Smart MLS #170526638 Report a problem
10/6/2022	Listed for sale	$150,000-25%$66/sqft
Source: Smart MLS #170526638 Report a problem
10/7/2018	Listing removed	$200,000$88/sqft
Source: Berkshire Hathaway HomeServices New England Properties #170104194 Report a problem
8/7/2018	Pending sale	$200,000$88/sqft
Source: Berkshire Hathaway HomeServices New England Properties #170104194 Report a problem
7/16/2018	Listed for sale	$200,000+66.8%$88/sqft
Source: Berkshire Hathaway HomeServices New England Properties #170104194 Report a problem
7/30/2016	Listing removed	$119,900$53/sqft
Source: Maier Real Estate #N10108559 Report a problem
4/27/2016	Price change	$119,900-4%$53/sqft
Source: Maier Real Estate #N10108559 Report a problem
2/10/2016	Listed for sale	$124,900$55/sqft
Source: Maier Real Estate #N10108559 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,814 -1.6%	$126,980
2024	$4,890 +3.8%	$126,980
2023	$4,713 +6%	$126,980
2022	$4,447 +9.2%	$126,980 +35.7%
2021	$4,074 +0%	$93,590
2020	$4,074 +1.1%	$93,590
2019	$4,028 -0.4%	$93,590
2018	$4,044 +2.7%	$93,590
2017	$3,936 +2.9%	$93,590 -2.9%
2016	$3,827 +2.4%	$96,390
2015	$3,737 +2.5%	$96,390
2014	$3,646 -29%	$96,390 -30.4%
2013	$5,133 +34.8%	$138,400 +14.3%
2010	$3,807 +5.2%	$121,120
2008	$3,620 -1.3%	$121,120
2007	$3,666 +12.1%	$121,120 +64.8%
2006	$3,271 +4.7%	$73,500
2005	$3,123 -12.4%	$73,500 -24.1%
2004	$3,565 +31.5%	$96,880 +33.3%
2003	$2,710 +18.2%	$72,660 +22.6%
1995	$2,293	$59,260