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$950,000
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Property Description
A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate. Property is being sold as-is.
Full Property Details
Full Property Details for 263 Main Ave
General
- Price: $950,000
- Taxes: (July 2025-June 2026)
- Status: Under Contract
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24171361
- Updated: 5/8/2026
- Added to Site: 73 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Color: Grey and Brick
Location
- County: Fairfield
- Driving Directions: GPS
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: Wall Unit
- Heating Type: Gas on Gas
- Water Heater: Natural Gas, Tank Size Unknown
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.: Partial, Unfinished, Concrete Floor, Full With Hatchway, Partial With Walk-Out
- Roof: Asphalt Shingle
- Square Feet: 7,320
- Above Ground: 3,660 Sq. Ft.
- Below Ground: 3,660 Sq. Ft.
- Year Built: 1920
Unit Information
Unit 1
- Square Feet: 924
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 836
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 300
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.24
- Zoning: B2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $612,640
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 246319
Listed by BHHS Darien/New Canaan, Jennifer McDade
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Schools
Schools serving 263 Main Ave
School District:Norwalk School District
| Name | Grades | Distance |
|---|---|---|
Silvermine Dual Language Magnet School 157 Perry Avenue, Norwalk, CT 06850 | K-5 | 1.3 mi |
West Rocks Middle School 81 West Rocks Road, Norwalk, CT 06851 | 6-8 | 0.5 mi |
Norwalk High School 23 Calvin Murphy Drive, Norwalk, CT 06851 | 9-12 | 1.9 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 263 Main Ave
Date
Details
Price
Change
Source
4/29/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 263 Main Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,670
2%
$612,640
—
2023
$14,453
15%
$612,640
23%
2023
$12,566
2%
$499,430
—
2022
$12,332
3%
$499,430
—
2021
$12,012
—
$499,430
—
2020
$12,005
3%
$499,430
—
2019
$11,669
28%
$499,430
46%
2018
$9,149
4%
$343,130
—
2017
$8,834
16%
$343,120
15%
2016
$7,609
—
$298,380
—
2015
$7,588
-12%
$298,380
-13%
2014
$8,613
-12%
$343,130
-22%
2011
$9,749
—
$439,390
—
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
Estimate the Cost for 263 Main Ave
263 Main Avenue, Norwalk, CT 06851 (MLS# 24171361) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 263 Main Avenue is currently listed for $950,000 and was received on April 29, 2026. Want to learn more about 263 Main Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwalk? You can browse all Norwalk real estate or contact a Coldwell Banker agent to request more information.

