83 James Street
New Haven, Connecticut 06513
- Beds
- 15
- Baths
- 7
- SqFt
- 5,600
- Acres
- 0.13
- Year Built
- 1900
- Neighborhood
- Fair Haven
- Property Type
- 5+ Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $121,800 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics.
Key Facts
- City/Town
- New Haven
- Neighborhood
- Fair Haven
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1900
- Days on Market
- 408 days
- Beds
- 15
- Baths
- 7 full
- Living Area
- 5,600 sq ft
- Lot Size
- 0.13 acres
- Garage / Parking
- 10 total
- Property Taxes
- $13,548 / Annually
Market Snapshot
The New Haven Market
Multi-Family · trailing 12 months
Active Listings
62
62 under contract
Median List Price
$599,450
62 active listings
Median Closed Price
$480,000
294 sales
Median Days on Market
42
62 active listings
Median $ / Sq Ft
$212
62 active listings
Sale-to-List Ratio
100.1%
294 sales
How this home compares
List Price
$975,000
vs $599,450 median
62.6% above median
Price / Sq Ft
$174
vs $212 median
17.9% below median
Days on Market
408 days
vs 42 days median
366 days longer than median
Based on 62 active and 294 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of July 29, 2026.
Location
83 James Street, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$4,971
- Property Taxes$1,129
- Insurance$325
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Haven
- Neighborhood
- Fair Haven
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 5 Family+
- Style
- Units on different Floors
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 5,600 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Gas on Gas
- Cooling
- None
- Laundry
- None
- Basement
- PartialPartial With Walk-Out
Exterior & Lot
- Lot Size
- 0.13 acres
- Zoning
- RM2
- Garage / Parking
- 10 total parking spacesPavedParking LotOff Street Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl SidingAluminumWood
- Roof
- Asphalt Shingle
- Foundation
- ConcreteMasonry
- Lot Description
- Corner LotLevel Lot
Listing & Financials
- Property Taxes
- $13,548 / Annually
- Days on Market
- 408
- MLS #
- 24103991
- MLS Status
- Active
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/29/2026 at 10:55 AM UTC.