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$665,000
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Property Description
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
Full Property Details for 241 W Ivy St
General
- Sold For: $665,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24127070
- Added to Site: 303 day(s) ago
Interior
- Number of Rooms: 27
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 12
Exterior
- Color: Red
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
Sold by Mygoodagent, Bluma Katz
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Schools
Schools serving 241 W Ivy St
School District:New Haven School District
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 241 W Ivy St
Date
Details
Price
Change
Source
5/05/2026
Sold
$665,000
-5%
MLS
11/17/2025
Price Reduced
$700,000
-4.11%
MLS
9/16/2025
Listed
$730,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
241 West Ivy Street, New Haven, CT 06511 (MLS# 24127070) is a Multi-Family property that was sold at $665,000 on May 05, 2026. 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.

