Income-producing 3-family property with strong investment potential in a convenient location. 96 Franklin Street features an attractive unit mix of two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each with a functional layout including a dedicated living room. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Property includes separate utilities for each unit and natural gas heating, offering efficiency and ease of management. Off-street parking adds additional tenant appeal and long-term rental stability. The building presents a solid opportunity for cash flow, value-add potential, and portfolio growth. Located in a high-demand rental area with close proximity to shopping, restaurants, public transportation, and major commuting routes. Whether you're looking for a turnkey multi-family investment or a property with upside through rental increases or improvements, this asset offers flexibility and long-term potential.
Sold for $450,000
$450,000
96 Franklin Street, Meriden, CT 06450
8beds
2,611sqft
Multi Family
Built in 1880
-- sqft lot
$450,500 Zestimate®
$172/sqft
$2,169 Estimated rent
Home value
$450,500
$405,000 - $500,000
$2,169/mo
Zestimate® history
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Off-street parkingNatural gas heating
Zillow last checked:
Listing updated:
Listed by:
CT LUXE TEAM,
Arian Hoxha (203)558-4798,
Serhant Connecticut, LLC 203-489-7800
Bought with:
Gina Monasterski, RES.0834546
KW Legacy Partners
Source: Smart MLS,MLS#: 24168173
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Forced Air, Electric, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,611
- Total interior livable area: 2,611 sqft
- Finished area above ground: 2,611
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Off Street, Private
- Has uncovered spaces: Yes
Lot
- Size: 4,791 Square Feet
- Features: Level
Details
- Parcel number: 1166203
- Zoning: R-3
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: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Meriden
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $128,870
- Annual tax amount: $4,885
- Date on market: 4/18/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $450,000$172/sqft |
Source:  Smart MLS #24168173 Report a problem | ||
| 5/25/2026 | Pending sale | $450,000$172/sqft |
Source: Smart MLS #24168173 Report a problem | ||
| 5/12/2026 | Price change | $450,000+5.9%$172/sqft |
Source: Smart MLS #24168173 Report a problem | ||
| 4/18/2026 | Listed for sale | $424,990+151.5%$163/sqft |
Source: Smart MLS #24168173 Report a problem | ||
| 1/18/2022 | Sold | $169,000$65/sqft |
Source: Smart MLS #170444366 Report a problem | ||
| 11/11/2021 | Contingent | $169,000$65/sqft |
Source: Smart MLS #170444366 Report a problem | ||
| 10/11/2021 | Listed for sale | $169,000+307.2%$65/sqft |
Source: Smart MLS #170444366 Report a problem | ||
| 12/10/2010 | Sold | $41,500-7.6%$16/sqft |
Source: Smart MLS #G576216 Report a problem | ||
| 11/25/2010 | Pending sale | $44,900$17/sqft |
Source: Prudential Connecticut Realty #G576216 Report a problem | ||
| 11/19/2010 | Price change | $44,900-18.4%$17/sqft |
Source: Prudential Connecticut Realty #G576216 Report a problem | ||
| 10/22/2010 | Listed for sale | $55,000-53.8%$21/sqft |
Source: Prudential Connecticut Realty #G576216 Report a problem | ||
| 4/29/2004 | Sold | $119,000+75%$46/sqft |
Source: Public Record Report a problem | ||
| 3/3/2003 | Sold | $68,000-52.8%$26/sqft |
Source: Public Record Report a problem | ||
| 9/2/1987 | Sold | $144,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,885 -1.6% | $128,870 |
| 2024 | $4,963 +3.7% | $128,870 |
| 2023 | $4,784 +6% | $128,870 |
| 2022 | $4,513 +22.4% | $128,870 +52.1% |
| 2021 | $3,687 +0.3% | $84,700 |
| 2020 | $3,677 +0.9% | $84,700 |
| 2019 | $3,645 -0.4% | $84,700 |
| 2018 | $3,660 +2.8% | $84,700 |
| 2017 | $3,562 +2.1% | $84,700 -6.1% |
| 2016 | $3,490 | $90,160 +0.2% |
| 2015 | $3,490 +2.5% | $90,020 |
| 2014 | $3,405 -28.6% | $90,020 -30% |
| 2013 | $4,770 +9.2% | $128,600 -7.5% |
| 2010 | $4,369 +9% | $139,010 |
| 2009 | $4,010 -1.4% | $139,010 +2.2% |
| 2008 | $4,067 -1.3% | $136,070 |
| 2007 | $4,119 +36.8% | $136,070 +101.2% |
| 2006 | $3,010 +4.8% | $67,620 |
| 2005 | $2,873 -13.3% | $67,620 -24.9% |
| 2004 | $3,313 +31.4% | $90,020 +33.1% |
| 2003 | $2,522 +3.3% | $67,620 +7.2% |
| 1995 | $2,441 | $63,080 |
Find assessor info on the county website
Neighborhood: 06450
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Nearby schools
GreatSchools rating
- 8/10Nathan Hale SchoolGrades: PK-5Distance: 1 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Francis T. Maloney High SchoolGrades: 9-12Distance: 1.4 mi
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- Connecticut
- New Haven County
- Meriden
- 06450
- 96 Franklin Street
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