241 West Ivy Street New Haven, CT $ 700,000
241 West Ivy Street
$ 700,000
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241 West Ivy Street

New Haven, CT, 06511
$ 700,000
Bedrooms12 Baths5.0 Sq 4,286

Monthly Estimate*

$ 4,367

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Multi-Family Home for sale in New Haven, CT

for $700,000 with 12 bedrooms and 5 full baths. This 4,286 square foot home was built in 1900 on a lot size of 0.15.

Prime investment opportunity in New Haven! This fully-occupied multi-family generates a strong $94,608 in annual gross rental income, making it an excellent addition to any portfolio. All units are currently leased, providing immediate and reliable cash flow for investors. The property offers spacious layouts and a desirable location near downtown New Haven, Yale University, major hospitals, public transportation, and highway access, ensuring consistent rental demand year after year. Tenants enjoy convenient access to neighborhood amenities including shopping, dining, and local parks. With solid rental income already in place and no vacancies, this property is a turnkey investment ready for its next owner. Don't miss this chance to secure a high-performing asset in the heart of New Haven.

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Multi-Family Contingent

Price

$ 700,000

Bedrooms

12

Full Bath

5

Property Type

Multi-Family

Taxes

$ 8,977

Style

Lot Size

0.15

Year Built

1900

Town/City

New Haven

MLS | Web ID

24127070

Features
General
Zoning RM2
Neighborhood Newhallville
County New Haven
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.15
Directions Tenants will let you in
High School James Hillhouse
City New Haven
Elementary School Per Board of Ed
Sq Ft Total 4286
DOM 83
Year Built 1900
Style Units on different Floors Units are Side-by-Side
Year Built Source Public Records
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Interior
Cooling System Window Unit
Total Number of Units 5
Total Rooms 27
Basement Description Full Unfinished
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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* Excluded Features
List By
Javyn Roundtree

Listing Agent

Roundtree Realty Llc

Broker

roundtree098@gmail.com

Email

Affordability Calculator

$5,115
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4741166 Elementary School
3736903 Middle School
James Hillhouse High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$700,000 -4.11% Price Down
9/16/2025$730,000 Listed Price

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241 West Ivy Street, New Haven, CT, 06511 is a Multi-Family Home for sale at $700,000 with 4,286 sqft and a lot size of 0.15. 241 West Ivy Street has 12 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 06511 which is in New Haven, CT