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$465,000
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Property Description
Beautifully located in the heart of New Haven, 98 Thompson Street is a well-maintained three-family property offering a total of five bedrooms and three bathrooms across three levels. The first and second floors each feature spacious two-bedroom units with great natural light and functional layouts, while the third floor offers a well-kept one-bedroom unit-perfect for steady rental demand. The home has solid bones, a strong exterior presence, and has been cared for over the years, providing a reliable foundation for long-term ownership. This property sits in a highly convenient section of New Haven with easy access to local amenities, major employers, public transportation, Yale University, shopping, dining, and several neighborhood parks. The area continues to see consistent rental interest, making properties like this especially attractive for landlords seeking strong cash-flow assets. All units are currently rented and delivering immediate income, allowing the next owner to step directly into a fully functioning investment property with minimal effort. With a gross annual income of approximately $58,140, this multifamily offers excellent cash-flow potential in one of New Haven's most in-demand rental corridors. Whether you're expanding your portfolio or searching for a stable, income-producing opportunity, 98 Thompson Street is ready to perform for its next owner.
Full Property Details
Full Property Details for 98 Thompson St
General
- Sold For: $465,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24142771
- Added to Site: 92 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Color: Blue
Location
- County: New Haven
- Neighborhood: Newhallville
- Driving Directions: Knock on tenant's door
School Information
- Elementary School: Lincoln Bassett
- 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 Air, Natural Gas, Oil
- Heating Fuel: Natural Gas, Oil
- Water Heater: Natural Gas, Domestic
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
- Attic: Yes
- Square Feet: 3,042
- Above Ground: 3,042 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: 1
Lot Features
- Lot Size (Acres): 0.12
- Zoning: RM2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $178,500
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1252014
Listed by Roundtree Realty LLC, Javyn Roundtree and Roundtree Realty LLC, Aharon Cowen
Sold by eRealty Advisors, Inc., Cristopher Saldana
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Schools
Schools serving 98 Thompson 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 98 Thompson St
Date
Details
Price
Change
Source
2/06/2026
Sold
$465,000
1.11%
MLS
12/01/2025
Listed
$459,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
98 Thompson Street, New Haven, CT 06511 (MLS# 24142771) is a Multi-Family property that was sold at $465,000 on February 06, 2026. Want to learn more about 98 Thompson 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.

