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$439,000
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Property Description
Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.
Full Property Details
Full Property Details for 486 Prospect Ave
General
- Sold For: $439,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24175658
- Added to Site: 145 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Sidewalk, Porch, Gutters, Lighting
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 4
- Parking: Detached Garage, Paved, Off Street Parking, Driveway
Location
- County: Hartford
- Driving Directions: GPS FRIENDLY
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding, Wood
- Basement Desc.: Full, Unfinished, Hatchway Access, Interior Access, Full With Hatchway
- Roof: Asphalt Shingle
- Square Feet: 3,190
- Above Ground: 3,190 Sq. Ft.
- Year Built: 1900
Unit Information
Unit 1
- Square Feet: 797
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 797
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 797
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Square Feet: 797
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.21
- Driveway/Sidewalk: Private, Paved
- Zoning: N2-2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $140,490
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 598462
Listed by Premier Re Group LLC, Stanley Gutt and Premier Re Group LLC, Michelle Lorenzetti
Sold by Premier Re Group LLC, Stanley Gutt
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Schools
Schools serving 486 Prospect Ave
School District:Hartford School District
| Name | Grades | Distance |
|---|---|---|
Parkville Community School 47 New Park Avenue, Hartford, CT 06106 | PK-5 | 0.5 mi |
Burns Latino Studies Academy 195 Putnam Street, Hartford, CT 06106 | PK-8 | 1.2 mi |
Sanchez School 176 Babcock Street, Hartford, CT 06106 | PK-5 | 1.4 mi |
McDonough School 111 Hillside Avenue, Hartford, CT 06106 | 6-8 | 1.2 mi |
Hphs Academy Of Engineering And Green Technology 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.7 mi |
Hphs Law And Government Academy 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.7 mi |
Hphs Nursing Academy 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.7 mi |
Montessori Magnet @ Moylan and McDonough 757 New Britain Avenue, Hartford, CT 06106 | PK-5 | 2 mi |
Kennelly School 180 White Street, Hartford, CT 06114 | PK-8 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 486 Prospect Ave
Date
Details
Price
Change
Source
9/22/2026
Sold
$439,000
—
MLS
5/22/2026
Listed
$439,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
486 Prospect Avenue, Hartford, CT 06105 (MLS# 24175658) is a Multi-Family property that was sold at $439,000 on September 22, 2026. Want to learn more about 486 Prospect Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hartford? You can browse all Hartford real estate or contact a Coldwell Banker agent to request more information.

