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$545,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Total Beds
See This Home
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See This Home
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Don't Miss This Incredible Investment Opportunity! Perfect for owner-occupants or savvy investors, this beautifully updated three-family home is located in New Haven. Each unit offers spacious living with modern updates, making it ideal for steady rental income or multi-generational living. The roof and siding were replaced in 2023, ensuring peace of mind. With a strong tenant base already in place, this property is truly turn-key. Enjoy the convenience of being just minutes from Yale University, top-rated dining, shopping, and entertainment options. A must-see for anyone looking to invest in one of New Haven's most sought-after areas!

Full Property Details for 198 Exchange St

General

  • Sold For: $545,000
  • Taxes: (July 2025-June 2026)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24093778
  • Added to Site: 292 day(s) ago

Interior

  • Number of Rooms: 11

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking: None

Location

  • County: New Haven
  • Driving Directions: Per GPS

School Information

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Air, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Tank Size Unknown

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water In Street

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt Shingle
  • Square Feet: 3,196
  • Above Ground: 3,196 Sq. Ft.
  • Year Built: 1900

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.11
  • Zoning: RM2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $225,890
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1243134

Listed by Vanguard Private Client Grp, Natalie Zoef and Vanguard Private Client Grp, Andrew Stein
Sold by Redfin Corporation, Donn Wilson

Listing agents

— 198 Exchange St —

  • Natalie Zoef

    Vanguard Private Client Grp

  • Andrew Stein

    Vanguard Private Client Grp

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 198 Exchange St

School District:New Haven School District
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 198 Exchange St

Date
Details
Price
Change
Source
7/08/2025
Sold
$545,000
3.81%
MLS
5/09/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Vanguard Private Client Grp, Natalie Zoef and Vanguard Private Client Grp, Andrew Stein
Sold by Redfin Corporation, Donn Wilson

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198 Exchange Street, New Haven, CT 06513 (MLS# 24093778) is a Multi-Family property that was sold at $545,000 on July 08, 2025. Want to learn more about 198 Exchange Street? Do you have questions about finding other Multi-Family real estate for sale in New Haven? You can browse all New Haven real estate or contact a Coldwell Banker agent to request more information.