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$420,000
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Property Description
Rare opportunity to own a modern, fully rented side-by-side duplex in the heart of Wooster Square. Built in the early 2000s, 241-243 Wallace Street features two spacious 3-bedroom, 1.5-bath units, each with private entrances, full basements, and separate utilities. This low-maintenance property is ideal for investors looking for immediate cash flow. Located just minutes from State Street Station, downtown New Haven, Yale, and Wooster Square Park, the property offers exceptional walkability and commuter access. Don't miss your chance to own a turn-key investment in one of New Haven's most desirable and rapidly growing neighborhoods.
Full Property Details
Full Property Details for 241 Wallace St
General
- Sold For: $420,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24099057
- Added to Site: 234 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Parking: None
Location
- County: New Haven
- Neighborhood: Wooster Square
- Driving Directions: Use GPS
School Information
- Elementary School: East Rock
- High School: Wilbur Cross
Community
- Community Name: Wooster Square
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, 30 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full, Full With Hatchway
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 2,520
- Above Ground: 2,520 Sq. Ft.
- Year Built: 2006
Unit Information
Unit 1
- Square Feet: 1250
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 3
Unit 2
- Square Feet: 1250
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.15
- Zoning: RM2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $185,220
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1245369
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Schools
Schools serving 241 Wallace 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 241 Wallace St
Date
Details
Price
Change
Source
7/28/2025
Sold
$465,000
3.34%
MLS
6/07/2025
Listed
$449,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
241 Wallace Street, New Haven, CT 06511 (MLS# 24099057) is a Multi-Family property that was sold at $420,000 on July 28, 2025. This property was listed by Jerard Gibson from our North Haven Hamden Regional Office Office.Want to learn more about 241 Wallace 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.


