For sale

$975,000

83 James Street, New Haven, CT 06513

15beds

5,600sqft

$6,933/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$174/sqft

$-- HOA

What's special

Recent updates and improvements

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 $125,400 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.

430 days

155

20

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: $13,548
Date on market: 6/16/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/24/2026	Price change	$975,000+8.5%$174/sqft
Source: Smart MLS #24103991 Report a problem
11/3/2025	Price change	$899,000-4.9%$161/sqft
Source: Smart MLS #24103991 Report a problem
6/16/2025	Listed for sale	$945,000$169/sqft
Source: Smart MLS #24103991 Report a problem

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