Extremely rare opportunity to own a side-by-side, Colonial style duplex with over 4400sqft in total and 10 bedrooms-in the heart of the Fairfield beach area. The home is currently rented each academic year through May 2028. Cap spreadsheet is in attachments, illustrating the very positive income flow. Academic rental $19,000-$21,000 per month for entire house. Converting to a 10-month lease after May 2028, currently 9-month with summer furnished available for rent. It is a perfect distance from beach and town, centrally located to all that Fairfield has to offer. The property and home offer a multitude of options, it can remain an academic and summer furnished rental, it can be converted to a single family, survey and elevation certificate available for new construction or live in one side and rent or have family on the other side. Truly a turn-key, easy investment for long term!
Sold for $1,560,000
$1,560,000
465 Edward St, Fairfield, CT 06824
10beds
4,403sqft
Multi Family
Built in 1961
-- sqft lot
$1,893,300 Zestimate®
$354/sqft
$4,449 Estimated rent
Home value
$1,893,300
$1.72M - $2.10M
$4,449/mo
Zestimate® history
Owner options
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$4,449/mo
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$4,449/mo
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$8,792/mo
Est. payment
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$8,792/mo
Est. payment
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Zillow last checked:
Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 24110084
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Other
Features
- Basement: Yes
Interior area
- Total structure area: 4,403
- Total interior livable area: 4,403 sqft
Property
Parking
- Total spaces: 4
- Parking features: OnStreet, OffStreet
- Has uncovered spaces: Yes
Lot
- Size: 9,147 sqft
Details
- Parcel number: FAIRM183B13
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1961
Community & neighborhood
Location
- Region: Fairfield
Price history
| Date | Event | Price |
|---|---|---|
| 12/21/2025 | Listing removed | $2,398,000$545/sqft |
Source:  Smart MLS #24110084 Report a problem | ||
| 7/15/2025 | Listed for sale | $2,398,000+53.7%$545/sqft |
Source: Smart MLS #24110084 Report a problem | ||
| 8/22/2023 | Sold | $1,560,000$354/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,696 +1.8% | $728,980 |
| 2024 | $20,339 +1.7% | $728,980 +0.2% |
| 2023 | $20,006 +1% | $727,230 |
| 2022 | $19,810 +1% | $727,230 |
| 2021 | $19,621 +23.6% | $727,230 +22.8% |
| 2020 | $15,871 | $592,410 |
| 2019 | $15,871 +1.6% | $592,410 |
| 2018 | $15,616 +2.1% | $592,410 |
| 2017 | $15,296 +1.5% | $592,410 |
| 2016 | $15,077 | $592,410 |
Find assessor info on the county website
Neighborhood: 06824
Nearby schools
GreatSchools rating
- 10/10Sherman SchoolGrades: K-5Distance: 0.5 mi
- 8/10Roger Ludlowe Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Fairfield Ludlowe High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Roger Sherman
- Middle: Roger Ludlowe
- High: Fairfield Ludlowe
Source: William Raveis Real Estate, Mortgage & Insurance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,893,300
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+$37,866
With Zillow Showcase(estimated)
$1,931,166
- Connecticut
- Fairfield County
- Fairfield
- 06824
- 465 Edward St
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