Charming 2-Family Income Producer in the Heart of New Haven - Turnkey Cash Flow from Day One! Located in the heart of New Haven, this 2-unit multifamily property at 567 Sherman Parkway offers convenience and strong investment potential. Close to renowned schools and public facilities, it features a large 0.18-acre lot with a spacious backyard and open driveway that comfortably parks up to 7 cars off-street, providing rare privacy and convenience. Each unit includes 3 bedrooms plus a living room that could easily change into the 4th bedroom. Currently leased at $2,000 and $1,850 per month respectively, with tenants paying their own utilities, the property generates $3,850/month ($46,200 annually) - delivering high gross yield to the listing price. New owners enjoy immediate revenue from day one. The generous land adds significant value (estimated land contribution $80,000-$120,000+), while replacement construction costs for a similar building far exceed the listing price. In today's economy, this property serves as both an inflation-shielded investment and a low-maintenance business with limited personal involvement. Ideal for investors seeking reliable passive income or owner-occupants who want rental income to help cover the mortgage. Don't miss this unique opportunity with strong fundamentals and immediate cash flow! Schedule your showing today.
For sale
Price cut: $11K (5/15)
$469,000
New Haven, CT 06511
6beds
1,792sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
Spacious backyard
- 62 days |
- 131 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Xiaoming S. Li (917)623-6536,
Real Broker CT, LLC 855-450-0442
Source: Smart MLS,MLS#: 24171227
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: In Unit
Features
- Smart Thermostat
- Basement: Full
- Attic: Pull Down Stairs
- Number of fireplaces: 2
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
- Finished area above ground: 1,792
Property
Parking
- Total spaces: 7
- Parking features: Attached, Off Street
- Attached garage spaces: 1
Accessibility
- Accessibility features: Multiple Entries/Exits
Lot
- Size: 7,840 Square Feet
- Features: Level
Details
- Parcel number: 1252935
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Playground, Public Rec Facilities, Near Public Transport, Shopping/Mall
- Security: Security System
HOA
- Has HOA: No
Location
- Region: New Haven
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $133,840
- Annual tax amount: $5,153
- Date on market: 4/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $469,000-2.3%$262/sqft |
Source: | ||
| 5/10/2026 | Price change | $480,000-1%$268/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $485,000+32.5%$271/sqft |
Source: | ||
| 1/28/2025 | Sold | $366,000+11.2%$204/sqft |
Source: | ||
| 11/14/2024 | Pending sale | $329,000$184/sqft |
Source: | ||
| 10/28/2024 | Price change | $329,000-18.8%$184/sqft |
Source: | ||
| 10/21/2024 | Listed for sale | $405,000$226/sqft |
Source: | ||
| 10/6/2024 | Listing removed | $405,000$226/sqft |
Source: | ||
| 8/16/2024 | Price change | $405,000-1.2%$226/sqft |
Source: | ||
| 7/4/2024 | Listed for sale | $410,000+86.4%$229/sqft |
Source: | ||
| 4/13/2022 | Sold | $220,000+33.3%$123/sqft |
Source: Public Record Report a problem | ||
| 6/12/2018 | Sold | $165,000+153.1%$92/sqft |
Source: Public Record Report a problem | ||
| 11/16/2009 | Sold | $65,200-25.1%$36/sqft |
Source: | ||
| 9/23/2003 | Sold | $87,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,273 +2.3% | $133,840 |
| 2024 | $5,153 +3.5% | $133,840 |
| 2023 | $4,979 -6.4% | $133,840 |
| 2022 | $5,320 +54.2% | $133,840 +70.3% |
| 2021 | $3,449 | $78,610 |
| 2020 | $3,449 +2.1% | $78,610 |
| 2019 | $3,379 | $78,610 |
| 2018 | $3,379 +11.1% | $78,610 |
| 2017 | $3,041 +31.4% | $78,610 +41.1% |
| 2016 | $2,315 | $55,720 |
| 2015 | $2,315 | $55,720 |
| 2014 | $2,315 +1.8% | $55,720 |
| 2013 | $2,273 +4.9% | $55,720 |
| 2012 | $2,166 -59.7% | $55,720 -54.5% |
| 2011 | $5,372 | $122,360 |
| 2010 | $5,372 +4% | $122,360 |
| 2009 | $5,165 +72.1% | $122,360 +72% |
| 2007 | $3,002 +14.8% | $71,120 +22% |
| 2006 | $2,615 +13.4% | $58,310 |
| 2004 | $2,305 +2.6% | $58,310 |
| 2003 | $2,247 -20.4% | $58,310 -27.8% |
| 2000 | $2,824 | $80,800 |
Monthly payment
Est. payment$--/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: 06511
Nearby schools
GreatSchools rating
- 9/10Sherman SchoolGrades: PK-8Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Wexler/Grant
- High: James Hillhouse
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.





