Accepting backups

$675,000

586 Orchard Street, New Haven, CT 06511

10beds

3,946sqft

$5,071/mo

Get pre-qualified

Multi Family

Built in 1905

-- sqft lot

$668,900 Zestimate^®

$171/sqft

$-- HOA

What's special

Three spacious units

Welcome to 586 Orchard Street, a large 3-family property offering incredible flexibility for investors and owner-occupants alike. With 10 total bedrooms and 3 full baths spread across three spacious units, and a large parking lot in the back. This property is built for strong rental income and long-term value in one of New Haven's established residential pockets. Whether you're an investor looking to add a cash-flowing multi-family to your portfolio, or a buyer looking to offset your mortgage by living in one unit while renting the others, 586 Orchard St checks every box: size, flexibility, and immediate income potential. AS-IS SALE: Seller will not make any repairs

37 days
119
12

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 3
Full bathrooms: 3

Heating

Gas on Gas

Cooling

None

Appliances

Included: Gas Water Heater, Water Heater

Features

Basement: Full
Attic: None
Has fireplace: No

Interior area

Total structure area: 3,946
Total interior livable area: 3,946 sqft
Finished area above ground: 3,946

Property

Lot

Size: 10,018 Square Feet
Features: Level

Details

Parcel number: 1255758
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: 1905

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: $255,360
Annual tax amount: $10,205
Date on market: 9/15/2026

Estimated market value

$668,900

$635,000 - $702,000

$2,092/mo

Price history

Date	Event	Price
9/15/2026	Listed for sale	$675,000+92.9%$171/sqft
Source: Smart MLS #24203746 Report a problem
1/13/2021	Sold	$350,000-2.8%$89/sqft
Source: Smart MLS #170318869 Report a problem
11/3/2020	Listing removed	$1,350
Source: Ki Property Group #170331865 Report a problem
11/2/2020	Listed for rent	$1,350-35.7%
Source: Ki Property Group #170331865 Report a problem
7/22/2020	Listed for sale	$359,900+52.5%$91/sqft
Source: William Raveis Real Estate #170318869 Report a problem
5/20/2020	Sold	$236,000-27.4%$60/sqft
Source: Public Record Report a problem
11/3/2017	Listing removed	$2,100$1/sqft
Source: Lionheart Realty Report a problem
10/20/2017	Listed for rent	$2,100$1/sqft
Source: Lionheart Realty Report a problem
9/17/2015	Listing removed	$324,999$82/sqft
Source: Pearce Real Estate #N10054163 Report a problem
6/16/2015	Listed for sale	$324,999-17.9%$82/sqft
Source: Pearce Real Estate #N10054163 Report a problem
4/10/2006	Sold	$396,000+1000%$100/sqft
Source: Smart MLS #G412269 Report a problem
5/4/2005	Sold	$36,000+35.8%$9/sqft
Source: Public Record Report a problem
3/4/1998	Sold	$26,500+140.9%$7/sqft
Source: Public Record Report a problem
4/6/1993	Sold	$11,000-95.1%$3/sqft
Source: Public Record Report a problem
8/23/1988	Sold	$225,000+125%$57/sqft
Source: Public Record Report a problem
3/25/1988	Sold	$100,000$25/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,061 +2.3%	$255,360
2024	$9,831 +3.5%	$255,360
2023	$9,499 -6.4%	$255,360
2022	$10,151 +22.3%	$255,360 +35%
2021	$8,303	$189,210
2020	$8,303 +2.1%	$189,210
2019	$8,132	$189,210
2018	$8,132 +11.1%	$189,210
2017	$7,319 +24.7%	$189,210 +33.9%
2016	$5,869	$141,260
2015	$5,869	$141,260
2014	$5,869 +1.8%	$141,260
2013	$5,763 +4.9%	$141,260
2012	$5,492 -50.9%	$141,260 -44.5%
2011	$11,183	$254,730
2010	$11,183 +4%	$254,730
2009	$10,752 +68.8%	$254,730 +68.8%
2007	$6,370 +13.7%	$150,906 +20.8%
2006	$5,604 +50.4%	$124,950 +32.6%
2004	$3,725 +2.6%	$94,220
2003	$3,630 0%	$94,220 -9.3%
2000	$3,631	$103,900