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$700,000

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
See This Home
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Prime investment opportunity in New Haven! This fully-occupied multi-family generates a strong $94,608 in annual gross rental income, making it an excellent addition to any portfolio. All units are currently leased, providing immediate and reliable cash flow for investors. The property offers spacious layouts and a desirable location near downtown New Haven, Yale University, major hospitals, public transportation, and highway access, ensuring consistent rental demand year after year. Tenants enjoy convenient access to neighborhood amenities including shopping, dining, and local parks. With solid rental income already in place and no vacancies, this property is a turnkey investment ready for its next owner. Don't miss this chance to secure a high-performing asset in the heart of New Haven.

Full Property Details for 241 W Ivy St

General

  • Price: $700,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24127070
  • Updated: 12/19/2025
  • Added to Site: 160 day(s) ago

Interior

  • Number of Rooms: 27

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Color: Red

Parking

  • Parking: None

Location

  • County: New Haven
  • Neighborhood: Newhallville
  • Driving Directions: Tenants will let you in

School Information

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • High School: James Hillhouse

Community

  • Community Name: Newhallville

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Hot Water, Natural Gas, Oil
  • Heating Fuel: Natural Gas, Oil
  • Water Heater: Natural Gas, Oil, Domestic

Utilities

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

Structural Information

  • Architectural Style: Units on different Floors, Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Asbestos
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 4,286
  • Above Ground: 4,286 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: 4

Lot Features

  • Lot Size (Acres): 0.15
  • Zoning: RM2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $227,850
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1255879

Listed by Roundtree Realty LLC, Javyn Roundtree and Roundtree Realty LLC, Aharon Cowen

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Listing agents

— 241 W Ivy St —

  • Javyn Roundtree

    Roundtree Realty LLC

  • Aharon Cowen

    Roundtree Realty LLC

Agent Contact: (475) 227-4312 Office Contact: (475) 227-4312

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 241 W Ivy 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 W Ivy St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$700,000
-4.11%
MLS
9/16/2025
Listed
$730,000
—
MLS
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 241 W Ivy St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,977
2%
$227,850
—
2023
$8,772
3%
$227,850
—
2023
$8,476
-6%
$227,850
—
2022
$9,057
41%
$227,850
56%
2021
$6,423
—
$146,370
—
2020
$6,423
2%
$146,370
—
2019
$6,291
—
$146,370
—
2018
$6,291
11%
$146,370
—
2017
$5,662
5%
$146,370
13%
2016
$5,372
—
$129,290
—
2015
$5,372
—
$129,290
—
2014
$5,372
2%
$129,290
—
2011
$5,275
—
$129,290
—
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.

Estimate the Cost for 241 W Ivy St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Roundtree Realty LLC, Javyn Roundtree and Roundtree Realty LLC, Aharon Cowen

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241 West Ivy Street, New Haven, CT 06511 (MLS# 24127070) is a Multi-Family property with 5 units containing 12 bedrooms and 5 full bathrooms. 241 West Ivy Street is currently listed for $700,000 and was received on September 16, 2025. Want to learn more about 241 West Ivy 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.

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