40 Shelton Avenue New Haven, CT $ 690,000
40 Shelton Avenue
$ 690,000
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40 Shelton Avenue

New Haven, CT, 06511
$ 690,000
Bedrooms12 Baths6.0 Sq 5,661

Monthly Estimate*

$ 4,305

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Multi-Family Home for sale in New Haven, CT

for $690,000 with 12 bedrooms and 6 full baths. This 5,661 square foot home was built in 1910 on a lot size of 0.07.

Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*

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Multi-Family Active

Price

$ 690,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 10,574

Style

Lot Size

0.07

Year Built

1910

Town/City

New Haven

MLS | Web ID

24127390

Features
General
Zoning RM2
Neighborhood Newhallville
County New Haven
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.07
Directions Tenants will let you in
High School James Hillhouse
City New Haven
Elementary School Per Board of Ed
Sq Ft Total 5661
DOM 64
Year Built 1910
Style Units on different Floors
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 6
Total Rooms 30
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

Javyn Roundtree

Broker

roundtree098@gmail.com

Email

Affordability Calculator

$5,186
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,305
Monthly Property Taxes
$881
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$690,000 -6.76% Price Down
10/30/2025$740,000 -3.27% Price Down
10/17/2025$765,000 Listed Price

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40 Shelton Avenue, New Haven, CT, 06511 is a Multi-Family Home for sale at $690,000 with 5,661 sqft and a lot size of 0.07. 40 Shelton Avenue has 12 bedrooms, 6.0 baths, and was built in 1910. The property's zip code is 06511 which is in New Haven, CT