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$690,000

  • For Sale
  • Under Contract
  • Multi-Family
  • 12 Total Beds
  • Updated 3 days ago
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Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*

Full Property Details for 40 Shelton Ave

General

  • Price: $690,000
  • Taxes: (July 2025-June 2026)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24127390
  • Updated: 2/20/2026
  • Added to Site: 159 day(s) ago

Interior

  • Number of Rooms: 30

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Color: Biege

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: None
  • Heating Type: Hot Water, Natural Gas, Oil
  • Heating Fuel: Natural Gas, Oil
  • Water Heater: Natural Gas, 50 Gallon Tank

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: Asphalt Shingle
  • Square Feet: 5,661
  • Above Ground: 5,661 Sq. Ft.
  • Year Built: 1910

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: 2

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.07
  • Zoning: RM2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $268,380
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1253008

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

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Listing agents

— 40 Shelton Ave —

  • 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 40 Shelton Ave

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 40 Shelton Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$690,000
-6.76%
MLS
10/30/2025
Price Reduced
$740,000
-3.27%
MLS
10/17/2025
Price Reduced
$765,000
-3.77%
MLS
9/17/2025
Listed
$795,000
282.21%
MLS
10/30/2013
Sold
$208,000
—
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 40 Shelton Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,574
2%
$268,380
—
2023
$10,333
3%
$268,380
—
2023
$9,984
-6%
$268,380
—
2022
$10,668
5%
$268,380
16%
2021
$10,164
—
$231,630
—
2020
$10,164
2%
$231,630
—
2019
$9,955
—
$231,630
—
2018
$9,955
11%
$231,630
—
2017
$8,959
24%
$231,630
33%
2016
$7,231
—
$174,020
—
2015
$7,231
—
$174,020
—
2014
$7,231
2%
$174,020
—
2013
$7,100
—
$174,020
—
2011
$7,100
—
$174,020
—
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 40 Shelton Ave

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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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40 Shelton Avenue, New Haven, CT 06511 (MLS# 24127390) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 40 Shelton Avenue is currently listed for $690,000 and was received on September 17, 2025. Want to learn more about 40 Shelton 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.

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