40 1st Street Norwalk, CT $ 875,000
40 1st Street
$ 875,000
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40 1st Street

Norwalk, CT, 06855
$ 875,000
Bedrooms5 Baths2.2 Sq 1,988

Monthly Estimate*

$ 5,388

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Multi-Family Home for sale in Norwalk, CT

for $875,000 with 5 bedrooms and 2 full baths, 2 half baths. This 1,988 square foot home was built in 1880 on a lot size of 0.17.

Welcome to 40 1st Street in the highly sought-after East Norwalk section of Norwalk. This beautifully maintained two-family home presents an exceptional opportunity for investors or owner-occupants seeking strong rental potential and a prime coastal location. The property features one 2-bedroom, 1.5-bath unit and one 3-bedroom, 1.5-bath unit, both offering central air conditioning and in-unit laundry for modern comfort and convenience. Each unit also enjoys its own separate basement, providing ample storage space and added functionality. A detached three-car garage offers rare and valuable off-street parking, additional storage, or potential workspace. Ideally situated within walking distance to local restaurants, shops, and the waterfront, this home combines neighborhood charm with coastal living. Whether you're looking to occupy one unit and rent the other or expand your investment portfolio, this is a fantastic opportunity in one of Norwalk's most desirable neighborhoods. One Garage bay rented out for $250 a month.

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Multi-Family Contingent

Price

$ 875,000

Bedrooms

5

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 14,317

Style

Lot Size

0.17

Year Built

1880

Town/City

Norwalk

MLS | Web ID

24155945

Features
General
Zoning C
Neighborhood East Norwalk
County Fairfield
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.17
Directions gps friendly
High School Per Board of Ed
City Norwalk
Elementary School Per Board of Ed
Sq Ft Total 1988
DOM 14
Year Built 1880
Style Units are Side-by-Side
Year Built Source Public Records
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Interior
Cooling System Central Air
Total Number of Units 2
Total Rooms 11
Basement Description Full
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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* Excluded Features
List By
Robbie Salvatore

Listing Agent

Coldwell Banker Realty

Broker

Robbie.salvatore@cbrealty.com

Email

Affordability Calculator

$6,581
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$1,193
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
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$875,000 Listed Price

Map


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40 1st Street, Norwalk, CT, 06855 is a Multi-Family Home for sale at $875,000 with 1,988 sqft and a lot size of 0.17. 40 1st Street has 5 bedrooms, 2.2 baths, and was built in 1880. The property's zip code is 06855 which is in Norwalk, CT