Listed price in listed location currency (USD).
$499,900

640

MLS® 24189456

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 4090 sqft
Garage 
Taxes $13,219
Days Active 3
Lot Size 0.09 Acres
Approx. Age 1900
Avg. Price Per Sqft $122
MLS® Number 24189456

Property Address: 244 Sherman Ave, New Haven, CT, 06518-2124

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional value-add opportunity in the heart of New Haven's desirable Edgewood neighborhood! This unique multi-family property offers an exciting opportunity for investors, developers, and visionaries looking to unlock its full potential. Currently configured as a 2-family with 6 bedrooms and 6 full bathrooms, the property also comes with zoning-approved plans to convert it into a 5-family residence, creating a rare opportunity to significantly increase its income-producing potential. With generous square footage and a flexible layout, this property provides a strong foundation for a transformative renovation. Whether you're an experienced investor or looking for your next development project, the possibilities are substantial. Bring your contractor, your vision, and the right team to reimagine this property into a standout asset in one of New Haven's most established neighborhoods. Located in the sought-after Edgewood neighborhood, you'll enjoy convenient access to Edgewood Park, Yale University, Yale New Haven Hospital, local restaurants, shopping, public transportation, and major highways, making this an attractive location for future tenants. While the property requires significant renovation and is being offered as an opportunity for someone ready to add value, the approved conversion plans and prime location make it a truly compelling investment. Don't miss your chance to bring new life to a property with exceptional upside and long-term potential.
MLS® Number24189456
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull, Unfinished
Driveway
Garage Spaces
HeatNatural Gas, Oil, Hot Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 7, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
244 Sherman Ave, New Haven, CT

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