Discover 122 Derby Avenue, a classic five-unit multi-family in New Haven’s West River neighborhood. The unit mix includes two 2-bedrooms, two 1-bedrooms, and one large studio-ideal for a range of tenant types. One unit is currently leased and four are empty, making it a great opportunity for investors or owner-occupiers looking to generate strong rental income. The property includes a full unfinished basement with room for updates or value-add improvements. Just minutes from Yale University and within close proximity to Southern Connecticut State, downtown New Haven, and major highways – the location offers high rental demand and strong tenant appeal. Once fully leased, the building is projected to operate at a conservative 9% cap. Schedule your showing today!
Listing courtesy of Christian Chaparro at Alpha Capital Realty, LLCProperty Details
Price:
$599,000
MLS #:
24111071
Status:
Active
Beds:
7
Baths:
5
Address:
122 Derby
Type:
Multi Family
Subtype:
5 Family+
Neighborhood:
na
City:
New Haven
Listed Date:
Jun 16, 2025
State:
CT
Finished Sq Ft:
3,434
ZIP:
06511
Lot Size:
20,037 sqft / 0.46 acres (approx)
Year Built:
1900
See this Listing
Tom Vanacore is a real estate professional who takes his business extremely seriously. His results speak for themselves, as he has a proven action-oriented plan to get your home sold quickly and for the best price possible.
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Schools
Elementary School:
Barnard
High School:
Hill Regional
Interior
Exterior
Financial
Map
Community
- Address122 Derby New Haven CT
- AreaN/A
- CityNew Haven
- CountyNew Haven
- Zip Code06511
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122 Derby
New Haven, CT
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