262 Sherman Avenue New Haven, CT $ 385,000
262 Sherman Avenue
$ 385,000
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262 Sherman Avenue

New Haven, CT, 06511
$ 385,000
Bedrooms10 Baths1.0 Sq 4,598

Monthly Estimate*

$ 2,371

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Multi-Family Home for sale in New Haven, CT

for $385,000 with 10 bedrooms and 1 full bath. This 4,598 square foot home was built in 1900 on a lot size of 0.18.

Grand 4,600 sq ft Victorian with Incredible Upside A rare opportunity to complete and customize a truly magnificent Victorian offering approximately 4,600 square feet of living space. The first floor (approx. 1,700 sq ft) features inlaid hardwood floors, a classic fireplace, an updated kitchen and bathroom, and two well-proportioned bedrooms-perfect for immediate use or income while completing the upper levels. Easily convertible to a three bedroom. The second and third floors are fully gutted and partially framed, providing a blank canvas for a buyer with vision. Whether restoring the home's original grandeur or reimagining it for modern living, the heavy lifting has begun and the possibilities are substantial. The property is a legal four-family, and the current owner previously obtained (now expired) permits to convert it to a five-unit property, offering strong future potential for expansion (buyer to perform due diligence). The seller simply doesn't have the bandwidth to take this project on for the next several years and is looking to pass it along to someone ready to bring it across the finish line. Centrally located and convenient to downtown and the Edgewood area, this is an exceptional chance to create a standout investment or showcase residence. With vision and execution, this property could be truly spectacular.

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Multi-Family Coming Soon

Price

$ 385,000

Bedrooms

10

Full Bath

1

Property Type

Multi-Family

Taxes

$ 18,931

Style

Lot Size

0.18

Year Built

1900

Town/City

New Haven

MLS | Web ID

24150183

Features
General
Zoning RM2
Neighborhood N/A
County New Haven
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Coming Soon
Acres 0.18
Directions Sherman and Elm
High School James Hillhouse
City New Haven
Elementary School Per Board of Ed
Sq Ft Total 4598
Year Built 1900
Style Other
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 4
Total Rooms 8
Basement Description Full Full With Walk-Out
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Level Lot
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* Excluded Features
List By
Michael Martinez

Listing Agent

Houlihan Lawrence Wd

Broker

mikemartinez@live.com

Email

Affordability Calculator

$3,948
Per Month
60%
40%
0%
Monthly Principal & Interest
$2,371
Monthly Property Taxes
$1,578
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/20/2026$385,000 Listed Price

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262 Sherman Avenue, New Haven, CT, 06511 is a Multi-Family Home for sale at $385,000 with 4,598 sqft and a lot size of 0.18. 262 Sherman Avenue has 10 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 06511 which is in New Haven, CT