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$665,000
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Property Description
Fully rented 4-unit investment property located within walking distance from Yale New Haven Hospital and St. Raphael's Campus. Each unit offers 2 bedrooms, 1 bath, living room, dining room, and an eat-in kitchen. Separate utilities for each unit. Unfinished basement provides extra storage space. Off-street parking and convenient access to highways and downtown New Haven. Strong market rental income in an in demand location denoted don't miss this turnkey opportunity!
Full Property Details
Full Property Details for 55 Sherman Ave
General
- Sold For: $665,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24126250
- Added to Site: 104 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Basement Hook-Up(s)
Exterior
- Exterior Features: Sidewalk
- Color: beige
Parking
- Total Spaces: 4
- Parking: None, Off Street Parking
Location
- County: New Haven
- Driving Directions: Ella T Grasso Blvd then turn left onto Legion Ave then left onto Sherman Ave
School Information
- Elementary School: Barnard
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Hill Regional
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors, 4updown - Unit(s) per Floor
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full, Unfinished, Storage
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 4,976
- Above Ground: 4,976 Sq. Ft.
- Year Built: 1925
Unit Information
Unit 1
- Square Feet: 1244
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 1244
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 1244
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Square Feet: 1244
- Total Bathrooms: 1
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.11
- Zoning: RM2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $282,800
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1255022
Listed by RE/MAX Right Choice, Eric Schuell
Sold by Houlihan Lawrence WD, Darrell Hardy
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Schools
Schools serving 55 Sherman 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 55 Sherman Ave
Date
Details
Price
Change
Source
12/16/2025
Sold
$665,000
2.32%
MLS
10/03/2025
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
55 Sherman Avenue, New Haven, CT 06511 (MLS# 24126250) is a Multi-Family property that was sold at $665,000 on December 16, 2025. Want to learn more about 55 Sherman 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.

