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For sale
  • Price cut: $11K (5/15)
    $469,000

     New Haven, CT 06511

    6beds
    1,792sqft
    : 
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    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $262/sqft
    $-- HOA

    What's special

    Spacious backyard
    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.
    62 days
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    131
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Xiaoming S. Li (917)623-6536,

    Real Broker CT, LLC 855-450-0442

    Source: Smart MLS,MLS#: 24171227MLS Logo

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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

        DateEventPrice
        5/15/2026Price change$469,000-2.3%$262/sqft
        Source: Smart MLS #24171227 Report a problem
        5/10/2026Price change$480,000-1%$268/sqft
        Source: Smart MLS #24171227 Report a problem
        4/29/2026Listed for sale$485,000+32.5%$271/sqft
        Source: Smart MLS #24171227 Report a problem
        1/28/2025Sold$366,000+11.2%$204/sqft
        Source: Smart MLS #24030220 Report a problem
        11/14/2024Pending sale$329,000$184/sqft
        Source: Smart MLS #24030220 Report a problem
        10/28/2024Price change$329,000-18.8%$184/sqft
        Source: Smart MLS #24030220 Report a problem
        10/21/2024Listed for sale$405,000$226/sqft
        Source: Smart MLS #24030220 Report a problem
        10/6/2024Listing removed$405,000$226/sqft
        Source: William Raveis Real Estate, Mortgage & Insurance #24030220 Report a problem
        8/16/2024Price change$405,000-1.2%$226/sqft
        Source: Smart MLS #24030220 Report a problem
        7/4/2024Listed for sale$410,000+86.4%$229/sqft
        Source: Smart MLS #24030220 Report a problem
        4/13/2022Sold$220,000+33.3%$123/sqft
        Source: Public Record Report a problem
        6/12/2018Sold$165,000+153.1%$92/sqft
        Source: Public Record Report a problem
        11/16/2009Sold$65,200-25.1%$36/sqft
        Source: Smart MLS #G543312 Report a problem
        9/23/2003Sold$87,000$49/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        39 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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