For sale

Price increase: $155K (5/14)

$1,950,000

86-88 Cove Street, New Haven, CT 06512

6beds

4,010sqft

$13,521/mo

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Multi Family

Built in 1998

-- sqft lot

$-- Zestimate^®

$486/sqft

$-- HOA

What's special

Beautiful hardwood floors

Welcome to 86-88 Cove Street, a rare direct waterfront four-unit building in New Haven's Cove neighborhood. This well positioned property offers a unique opportunity for both investors and owner-occupants seeking a strong income-producing asset and may be best served as a short term rental due to it's proximity to event spaces and downtown New Haven. Units feature beautiful hardwood floors, forced hot air with central air conditioning for year-round comfort, and private balconies overlooking the water and fireplaces. Bathrooms in the units have all been remodeled. 88A and 86A units have been remodeled. The building also includes a four-car garage, providing valuable parking and storage space. With its combination of location, character, and water frontage, this property is a standout multi-family offering on the market today. Seller financing available 10% down at 5% IO.

318 days

501

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 8
Full bathrooms: 6
1/2 bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Gas Water Heater, Water Heater
Laundry: In Unit

Features

Sound System
Basement: Crawl Space,Unfinished
Attic: None
Number of fireplaces: 6

Interior area

Total structure area: 4,010
Total interior livable area: 4,010 sqft
Finished area above ground: 4,010
Finished area below ground: 0

Property

Parking

Total spaces: 10
Parking features: Detached, Paved, Off Street
Garage spaces: 4

Features

Patio & porch: Deck, Covered
Exterior features: Balcony
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront, Walk to Water, Beach, Access

Lot

Size: 0.5 Acres

Details

Parcel number: 1236451
Zoning: RS2

Construction

Type & style

Home type: MultiFamily
Architectural style: 4sides - Units Are Side-by-Side,4updown - Unit(s) per Floor
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: None
Roof: Asphalt

Condition

New construction: No
Year built: 1998

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Security System
Subdivision: Morris Cove

HOA

Has HOA: No

Location

Region: East Haven

Financial & listing details

Price per square foot: $486/sqft
Tax assessed value: $198,940
Annual tax amount: $7,950
Date on market: 9/20/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/14/2026	Price change	$1,950,000+8.6%$486/sqft
Source: Smart MLS #24127300 Report a problem
11/11/2025	Price change	$1,795,000-7.9%$448/sqft
Source: Smart MLS #24127300 Report a problem
9/20/2025	Listed for sale	$1,950,000$486/sqft
Source: Smart MLS #24127300 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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