123 Carmel Street New Haven, CT ^$ 450,000

123 Carmel Street

^$ 450,000

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123 Carmel Street

New Haven, CT, 06511

^$ 450,000

Bedrooms-- Baths-- Sq 5,313

Monthly Estimate*

^$ 2,807

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Commercial Property for sale in New Haven, CT

for $450,000. This 5,313 square foot building was built in 1920 on a lot size of 0.09.

Attention investors, contractors, and developers! Pending approval to transform this 4-unit mixed use property into 5 residential units located near Downtown New Haven. With the right vision and renovation, this property can deliver strong rental income in one of Connecticut's most in-demand markets. Prime location just minutes from Yale, hospitals, SCSU and downtown. Easy access to public transportation, bus and train routes. Full rehab needed - ideal for experienced investors or contractors. Cash, hard money, or rehab loan required. Property sold as-is. Buyer to do due diligence.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 11,242

Style

Lot Size

0.09

Year Built

1920

Town/City

New Haven

MLS | Web ID

24128813

Features

General

Zoning RM2

Neighborhood N/A

County New Haven

Tax Year July 2025-June 2026

Location Urban

Property Type Commercial For Sale

Status Active

Acres 0.09

Directions Goffe to Carmel. Property sits on the corner

City New Haven

Sq Ft Total 5313

DOM 80

Year Built 1920

Interior

Utilities Available Electric Gas

Cooling System None

Total Number of Units 4

Exterior

Water Source Public Water Connected

Lot Description Corner Lot Level Lot

* Excluded Features

List By

Latasha Eaddy

Listing Agent

Eaddy Associates

Broker

Leaddy@eaddyestates.com

Affordability Calculator

$3,744

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $937
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in New Haven, CT

Average List Price ^$1,210,905

Percent of Sale Price 169%

About New Haven, CT

131,072 Population

6% Since 2002

^$40,263 Median Income

33.2 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$450,000	-9.82%	Price Down
10/21/2025	$499,000	-9.27%	Price Down
9/23/2025	$550,000		Listed Price

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123 Carmel Street, New Haven, CT, 06511 is a Commercial Property for sale at $450,000 with 5,313 sqft and a lot size of 0.09. 123 Carmel Street was built in 1920. The property's zip code is 06511 which is in New Haven, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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123 Carmel Street

Commercial Property for sale in New Haven, CT

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