38-40 Lakeview Terrace Derby, CT ^$ 399,900

38-40 Lakeview Terrace

^$ 399,900

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38-40 Lakeview Terrace

Derby, CT, 06418

^$ 399,900

Bedrooms4 Baths2.0 Sq 2,248

Monthly Estimate*

^$ 2,462

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Multi-Family Home for sale in Derby, CT

for $399,900 with 4 bedrooms and 2 full baths. This 2,248 square foot home was built in 1951 on a lot size of 0.24.

This cozy 2 family home is perfect for first time owner or investor. Rent one side live on the other, Home has a newer roof, large rear deck, nice back yard with a shed. off street parking for each unit. Interior has 2 bedrooms living room and kitchen. #40 has a fireplace in the family room. Area is a quiet neighborhood close to schools shopping and library as well as several parks.

Multi-Family Active

Price

^$ 399,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,218

Style

Lot Size

0.24

Year Built

1951

Town/City

Derby

MLS | Web ID

24164793

Features

General

Zoning R-5

Neighborhood N/A

County New Haven

Tax Year July 2025-June 2026

Property Type Multi-Family For Sale

Status Active

Acres 0.24

Directions Hawthorne Ave to Lakeview or Roosevelt Dr to Lakeview

High School Derby

City Derby

Elementary School Irving

Sq Ft Total 2248

DOM 2

Year Built 1951

Style Units are Side-by-Side

Year Built Source Public Records

Interior

Cooling System Central Air

Total Number of Units 2

Total Rooms 9

Basement Description Full Unfinished Storage

Exterior

Water Source Public Water Connected

Lot Description N/A

* Excluded Features

List By

Jose Taverner

Listing Agent

All Connecticut Realty

Broker

allct@sbcglobal.net

Affordability Calculator

$3,064

Per Month

Monthly Principal & Interest: $2,462
Monthly Property Taxes: $602
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Derby, CT

Average List Price ^$449,827

Percent of Sale Price 12%

About Derby, CT

12,905 Population

4% Since 2002

^$54,889 Median Income

41.95 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4475215 Elementary School

3041873 Middle School

Derby High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2026	$399,900		Listed Price

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38-40 Lakeview Terrace, Derby, CT, 06418 is a Multi-Family Home for sale at $399,900 with 2,248 sqft and a lot size of 0.24. 38-40 Lakeview Terrace has 4 bedrooms, 2.0 baths, and was built in 1951. The property's zip code is 06418 which is in Derby, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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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38-40 Lakeview Terrace

Multi-Family Home for sale in Derby, CT

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