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$550,000
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Property Description
This spacious three-family home is ideally located just off Chapel Street, minutes from Downtown New Haven and only half a block from the newly expanding Yale New Haven Hospital Neurosciences Center at the St. Raphael Campus. This transformative, nearly 500,000-square-foot project-the largest healthcare construction in Connecticut history- is slated to be completed in 2026 with patient move-in anticipated in early 2027 and will bring expanded clinical services and research facilities to the neighborhood. Units 1 and 2 each offer three bedrooms, abundant natural light, and a decorative fireplace. Unit 2 also features a bonus room-ideal for a home office or nursery-as well as in-unit laundry hookups. The third-floor unit offers two bedrooms and is currently rented. Unit 1 and Unit 3 have electric heating, and Unit 2 has gas heating. An excellent investment opportunity near a major local employer and healthcare hub with significant economic impact and job growth during construction and once operational, enhancing long-term rental appeal.
Full Property Details
Full Property Details for 2 Derby Ave
General
- Price: $550,000
- Taxes: (July 2025-June 2026)
- Status: Under Contract
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24152348
- Updated: 2/12/2026
- Added to Site: 20 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Location
- County: New Haven
- Driving Directions: Left off Chapel St, after Yale New Haven Hospital St Raphael Campus.
School Information
- Elementary School: Barnard
- High School: James Hillhouse
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Gas In Street
- Heating Fuel: Gas In Street
- Water Heater: Tank Size Unknown
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Wood
- Basement Desc.: Full, Unfinished
- Roof: Shingle
- Square Feet: 3,835
- Above Ground: 3,835 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): 0.22
- Zoning: RO
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $220,850
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1255451
Listed by Caplan Realty Corp., Naftali Caplan
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Schools
Schools serving 2 Derby Ave
School District:New Haven School District
| Name | Grades | Distance |
|---|---|---|
Barnard Environmental Magnet School 170 Derby Avenue, New Haven, CT 06511 | PK-6 | 0.4 mi |
James Hillhouse High School 480 Sherman Parkway, New Haven, CT 06511 | 9-12 | 0.9 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 2 Derby Ave
Date
Details
Price
Change
Source
2/08/2026
Listed
$550,000
189.47%
MLS
5/28/2020
Sold
$190,000
—
Public Record
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
Tax History for 2 Derby Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,701
2%
$220,850
—
2023
$8,503
3%
$220,850
—
2023
$8,216
-6%
$220,850
—
2022
$8,779
47%
$220,850
62%
2021
$5,974
—
$136,150
—
2020
$5,974
2%
$136,150
—
2019
$5,852
—
$136,150
—
2018
$5,852
11%
$136,150
—
2017
$5,266
30%
$136,150
40%
2016
$4,040
—
$97,230
—
2015
$4,040
—
$97,230
—
2014
$4,040
2%
$97,230
—
2011
$3,967
—
$97,230
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 Derby Ave
2 Derby Avenue, New Haven, CT 06511 (MLS# 24152348) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 2 Derby Avenue is currently listed for $550,000 and was received on February 03, 2026. Want to learn more about 2 Derby Avenue? 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.

