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$2,595,000

  • For Sale
  • Active
  • Multi-Family
  • 18 Total Beds
  • Updated 7 days ago
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The East Rock Investment property of your dreams! The building features over 9000 SQ FT of living space spread across 6 large three bedroom, 1 bath apartments. The building is currently bringing in over $277,000 of income with a net income of $211,011 with an 8.14 cap rate. The building has a ton of value with added potential with renovations to kitchens and baths. Low maintenance building with no driveway or off street parking and nice rear lot. The building has separate metered gas heating and electric, but hot water is included. Huge basement with washer and dryer for tenant use. Don't miss this great opportunity.

Full Property Details for 38 Bishop St

General

  • Price: $2,595,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24187163
  • Updated: 7/2/2026
  • Added to Site: 7 day(s) ago

Interior

  • Number of Rooms: 36

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 18

Location

  • County: New Haven
  • Neighborhood: East Rock
  • Driving Directions: Orange Street or State Street to Bishop Street

School Information

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

Community

  • Community Name: East Rock

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Other

Utilities

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

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Unfinished
  • Roof: Flat
  • Attic: Yes
  • Square Feet: 9,072
  • Above Ground: 9,072 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: 3

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 6

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.18
  • Zoning: RM2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $510,440
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1246470

Listed by Seabury Hill REALTORS, John Hill

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Listing agent

— 38 Bishop St —

  • John Hill

    Seabury Hill REALTORS

Agent Contact: (203) 675-3942 Office Contact: (203) 562-1220

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 38 Bishop St

School District:East Haven School District
NameGradesDistance
Grove J. Tuttle School
108 Prospect St., East Haven, CT 06512
K-50.3 mi
Deer Run School
311 Foxon Rd., East Haven, CT 06512
K-24 mi
Joseph Melillo Middle School
67 Hudson Street, East Haven, CT 06512
6-80.8 mi
East Haven High School
35 Wheelbarrow Lane, East Haven, CT 06513
9-124.2 mi
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 38 Bishop St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/02/2026
Listed
$2,595,000
265.49%
MLS
7/08/2004
Sold
$710,000
—
Public Record
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 38 Bishop St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,111
2%
$510,440
—
2023
$19,652
3%
$510,440
—
2023
$18,988
-15%
$510,440
-9%
2022
$22,377
17%
$562,940
29%
2021
$19,185
—
$437,220
—
2020
$19,185
2%
$437,220
—
2019
$18,792
—
$437,220
—
2018
$18,792
11%
$437,220
—
2017
$16,912
-11%
$437,220
-5%
2016
$19,103
—
$459,760
—
2015
$19,103
—
$459,760
—
2014
$19,103
2%
$459,760
—
2011
$18,758
—
$459,760
—
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.

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Listed by Seabury Hill REALTORS, John Hill

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38 Bishop Street, New Haven, CT 06512 (MLS# 24187163) is a Multi-Family property with 6 units containing 18 bedrooms and 6 full bathrooms. 38 Bishop Street is currently listed for $2,595,000 and was received on July 02, 2026. Want to learn more about 38 Bishop 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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