Looking for a high-potential multifamily near Yale University? Welcome to 673 Elm Street in New Haven, CT - a rare 3-unit investment opportunity offering approximately 3,935 sq ft of living space on a 5,663 sq ft lot in the heart of the city. Each unit features bright interiors, high ceilings, hardwood floors, and spacious kitchens with ample cabinetry. With 8 total bedrooms, 3 full bathrooms, and a full basement ideal for laundry or storage, this property is perfect for investors or live-in landlords. Built in 1925 with classic New England architecture, this home includes off-street parking, a private backyard, and walkability to Yale University, Downtown New Haven, restaurants, parks, and public transportation. The location ensures strong rental demand and excellent cash flow potential. No major upgrades have been made yet, allowing you the flexibility to enhance value and equity according to your schedule. Whether you're house hacking, building your portfolio, or securing housing near campus, 673 Elm St delivers flexibility, location, and long-term upside - all in one of New Haven's most sought-after areas.
Sold for $500,000
$500,000
673 Elm Street, New Haven, CT 06511
8beds
3,935sqft
Multi Family
Built in 1925
-- sqft lot
$506,700 Zestimate®
$127/sqft
$2,516 Estimated rent
Home value
$506,700
$451,000 - $568,000
$2,516/mo
Zestimate® history
Owner options
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$2,516/mo
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$2,516/mo
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$3,587/mo
Est. payment
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$3,587/mo
Est. payment
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List your homeWhat's special
Bright interiorsHigh ceilingsOff-street parkingClassic new england architectureHardwood floorsPrivate backyard
Zillow last checked:
Listing updated:
Listed by:
Randy M. Clarke (203)589-7856,
Coldwell Banker Realty 203-239-2553,
Robert Clarke 203-936-9004,
Coldwell Banker Realty
Bought with:
Moudy Makarem, RES.0812201
Coldwell Banker Realty
Source: Smart MLS,MLS#: 24133179
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: In Basement
Features
- Windows: Storm Window(s), Thermopane Windows
- Basement: Full,Storage Space,Partially Finished,Concrete
- Attic: Crawl Space,Access Via Hatch
- Number of fireplaces: 2
Interior area
- Total structure area: 3,935
- Total interior livable area: 3,935 sqft
- Finished area above ground: 3,935
Property
Parking
- Total spaces: 5
- Parking features: Detached, Covered, Paved, Off Street, Driveway, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Sidewalk
Lot
- Size: 5,662 Square Feet
- Features: Level
Details
- Parcel number: 1255616
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt,Gable
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Features: Basketball Court, Playground, Near Public Transport, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: New Haven
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $235,900
- Annual tax amount: $9,294
- Date on market: 1/10/2026
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | $500,000-7.4%$127/sqft |
Source:  Smart MLS #24133179 Report a problem | ||
| 2/22/2026 | Pending sale | $539,900$137/sqft |
Source: Smart MLS #24133179 Report a problem | ||
| 1/10/2026 | Listed for sale | $539,900$137/sqft |
Source: Smart MLS #24133179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,294 +2.3% | $235,900 |
| 2024 | $9,082 +3.5% | $235,900 |
| 2023 | $8,775 -6.4% | $235,900 |
| 2022 | $9,377 +39.4% | $235,900 +53.9% |
| 2021 | $6,727 | $153,300 |
| 2020 | $6,727 +2.1% | $153,300 |
| 2019 | $6,589 | $153,300 |
| 2018 | $6,589 +11.1% | $153,300 |
| 2017 | $5,930 +17% | $153,300 +25.6% |
| 2016 | $5,070 | $122,010 |
| 2015 | $5,070 | $122,010 |
| 2014 | $5,070 +1.8% | $122,010 |
| 2013 | $4,978 +4.9% | $122,010 |
| 2012 | $4,744 -46.8% | $122,010 -39.9% |
| 2011 | $8,918 | $203,140 |
| 2010 | $8,918 +4% | $203,140 |
| 2009 | $8,575 +74% | $203,140 +74% |
| 2007 | $4,927 +15.5% | $116,732 +22.7% |
| 2006 | $4,267 +13.5% | $95,130 |
| 2004 | $3,760 +2.6% | $95,130 |
| 2003 | $3,665 +64.9% | $95,130 +49.6% |
| 2000 | $2,223 | $63,600 |
Find assessor info on the county website
Neighborhood: Edgewood
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Nearby schools
GreatSchools rating
- 4/10Edgewood SchoolGrades: K-8Distance: 0.9 mi
- 1/10James Hillhouse High SchoolGrades: 9-12Distance: 0.5 mi
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- Connecticut
- New Haven County
- New Haven
- 06511
- Edgewood
- 673 Elm Street
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