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$1,150,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 12 Total Beds
  • Updated 7 days ago
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Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 2 commercial spaces-(4) 2-bedroom/1-bath, (2) 1-bedroom/1-bath apartments, 2 deli/retail spaces, and 1 office-offering a diversified tenant mix with immediate cash flow. Four of the six residential units have been updated within the last year. All tenants are separately metered and cover their own utilities, and heating is provided via a mix of electric baseboard and gas systems, keeping overhead low. There is a clear value-add opportunity with below-market rents in both the residential and commercial units, creating upside through rent adjustments and lease restructuring. Strong visibility and steady local demand further enhance long-term growth potential. Whether you're an experienced investor or expanding your portfolio, this property offers both stability and upside. Schedule your private tour today!

Full Property Details for 63 Derby Ave

General

  • Price: $1,150,000
  • Taxes: (July 2025-June 2026)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24136435
  • Updated: 1/8/2026
  • Added to Site: 80 day(s) ago

Interior

  • Number of Rooms: 30

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 12

Other Rooms

  • Laundry: Hook-Up In Unit 4

Exterior

  • Exterior Features: Patio

Location

  • County: New Haven
  • Driving Directions: GPS.

School Information

  • Elementary School: Irving
  • High School: Derby

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Hot Air, Electric, Natural Gas
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric, 40 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Aluminum
  • Basement Desc.: Full, Full With Hatchway
  • Roof: Flat
  • Square Feet: 5,173
  • Above Ground: 5,173 Sq. Ft.
  • Year Built: 1900

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 5

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Full Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.09
  • Zoning: P
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $232,610
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1093880

Listed by Alpha Capital Realty, LLC, Justin Sudol

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Listing agent

— 63 Derby Ave —

  • Justin Sudol

    Alpha Capital Realty, LLC

Agent Contact: (203) 980-6412 Office Contact: (860) 507-3394

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 63 Derby Ave

School District:Derby School District
NameGradesDistance
Derby Middle School
73 Chatfield Street, Derby, CT 06418
6-81.5 mi
Derby High School
75 Chatfield Street, Derby, CT 06418
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 63 Derby Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2025
Listed
$1,150,000
161.36%
MLS
9/03/2024
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 63 Derby Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,049
—
$232,610
—
2023
$10,049
12%
$232,610
—
2023
$8,979
—
$232,610
—
2022
$8,979
—
$232,610
—
2021
$8,979
-30%
$232,610
-20%
2020
$12,796
5%
$291,690
—
2019
$12,213
6%
$291,690
—
2018
$11,484
—
$291,690
—
2017
$11,484
—
$291,690
—
2016
$11,484
6%
$291,690
-4%
2015
$10,835
—
$303,170
—
2014
$10,835
1%
$303,170
—
2011
$10,714
—
$303,170
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Alpha Capital Realty, LLC, Justin Sudol

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63 Derby Avenue, Derby, CT 06418 (MLS# 24136435) is a Multi-Family property with 8 units containing 12 bedrooms and 8 full bathrooms. 63 Derby Avenue is currently listed for $1,150,000 and was received on October 28, 2025. Want to learn more about 63 Derby Avenue? Do you have questions about finding other Multi-Family real estate for sale in Derby? You can browse all Derby real estate or contact a Coldwell Banker agent to request more information.

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