Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $121,800 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics. Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $121,800 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics.
For sale
$975,000
83 James Street, New Haven, CT 06513
15beds
5,600sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$174/sqft
$-- HOA
What's special
- 384 days |
- 202 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Marie I. Matta-Isona (203)314-9195,
iVision Real Estate 203-871-1068
Source: Smart MLS,MLS#: 24103991
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Gas on Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: None
Features
- Basement: Partial
- Attic: Crawl Space,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 5,600
- Total interior livable area: 5,600 sqft
- Finished area above ground: 5,600
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Paved, Parking Lot, Off Street
Lot
- Size: 5,662 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 1244333
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding, Aluminum Siding, Wood Siding
- Foundation: Concrete Perimeter, Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Library, Medical Facilities, Park, Playground, Near Public Transport
- Subdivision: Fair Haven
HOA
- Has HOA: No
Location
- Region: New Haven
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $339,010
- Annual tax amount: $13,052
- Date on market: 6/16/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Price change | $975,000+8.5%$174/sqft |
Source: | ||
| 11/3/2025 | Price change | $899,000-4.9%$161/sqft |
Source: | ||
| 6/16/2025 | Listed for sale | $945,000$169/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,357 +2.3% | $339,010 |
| 2024 | $13,052 +3.5% | $339,010 |
| 2023 | $12,611 -6.4% | $339,010 |
| 2022 | $13,476 +58.2% | $339,010 +74.6% |
| 2021 | $8,521 | $194,180 |
| 2020 | $8,521 +2.1% | $194,180 |
| 2019 | $8,346 | $194,180 |
| 2018 | $8,346 +11.1% | $194,180 |
| 2017 | $7,511 +23.9% | $194,180 +33% |
| 2016 | $6,064 | $145,950 |
| 2015 | $6,064 | $145,950 |
| 2014 | $6,064 +1.8% | $145,950 |
| 2013 | $5,955 +4.9% | $145,950 |
| 2012 | $5,675 -43.3% | $145,950 -36% |
| 2011 | $10,009 | $227,990 |
| 2010 | $10,009 +4% | $227,990 |
| 2009 | $9,623 +71.6% | $227,990 +71.6% |
| 2007 | $5,607 +14.6% | $132,846 +21.8% |
| 2006 | $4,891 +13.5% | $109,060 |
| 2004 | $4,311 | $109,060 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Fair Haven
Nearby schools
GreatSchools rating
- 3/10John S. Martinez SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Wilbur Cross High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Connecticut
- New Haven County
- New Haven
- 06513
- Fair Haven
- 83 James Street






