478 Prospect Avenue Hartford, CT $ 1,390,000
478 Prospect Avenue
$ 1,390,000
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478 Prospect Avenue

Hartford, CT, 06105
$ 1,390,000
Bedrooms16 Baths16.0 Sq 8,352

Monthly Estimate*

$ 8,672

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Multi-Family Home for sale in Hartford, CT

for $1,390,000 with 16 bedrooms and 16 full baths. This 8,352 square foot home was built in 1928 on a lot size of 0.21.

High-Yield Multi-Unit Investment on the West Hartford Line: Exceptional opportunity to acquire a well-maintained 12-unit brick building on 478 Prospect Ave., ideally located on the Hartford/West Hartford line. All units are very large 1-bedroom apartments with spacious interiors-highly attractive to tenants and easy to lease. The offering also includes the neighboring property 486 Prospect Ave., formerly used as an architect's office, with additional residential units and untapped potential. Currently generating an almost 8 cap, this investment offers tremendous value-add potential. Rents are currently under market, presenting a clear path to increased cash flow and maximized NOI through strategic rent adjustments and light upgrades. This is a rare chance to secure a high-performing asset in a desirable rental area with strong fundamentals. Agent related. Financials in attachments.

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Multi-Family Contingent

Price

$ 1,390,000

Bedrooms

16

Full Bath

16

Property Type

Multi-Family

Taxes

$ 30,185

Style

Lot Size

0.21

Year Built

1928

Town/City

Hartford

MLS | Web ID

24112928

Features
General
Zoning N2-2
Neighborhood N/A
County Hartford
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.21
Directions GPS FRIENDLY
High School Per Board of Ed
City Hartford
Elementary School Per Board of Ed
Sq Ft Total 8352
DOM 53
Year Built 1928
Style Other
Year Built Source Public Records
Net Operating Income 107954
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Interior
Cooling System None
Total Number of Units 16
Total Rooms 46
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
Stanley Gutt

Listing Agent

Premier Re Group Llc

Broker

sogreen777@gmail.com

Email

Affordability Calculator

$11,187
Per Month
78%
22%
0%
Monthly Principal & Interest
$8,672
Monthly Property Taxes
$2,515
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
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2025$1,390,000 Listed Price

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478 Prospect Avenue, Hartford, CT, 06105 is a Multi-Family Home for sale at $1,390,000 with 8,352 sqft and a lot size of 0.21. 478 Prospect Avenue has 16 bedrooms, 16.0 baths, and was built in 1928. The property's zip code is 06105 which is in Hartford, CT