86-88 Cove Street
New Haven, Connecticut 06512
- Beds
- 6
- Baths
- 6 | 2
- SqFt
- 4,010
- Acres
- 0.50
- Year Built
- 1998
- Neighborhood
- Morris Cove
- Property Type
- 4 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Welcome to 86-88 Cove Street, a rare direct waterfront four-unit building in New Haven's Cove neighborhood. This well positioned property offers a unique opportunity for both investors and owner-occupants seeking a strong income-producing asset and may be best served as a short term rental due to it's proximity to event spaces and downtown New Haven. Units feature beautiful hardwood floors, forced hot air with central air conditioning for year-round comfort, and private balconies overlooking the water and fireplaces. Bathrooms in the units have all been remodeled. 88A and 86A units have been remodeled. The building also includes a four-car garage, providing valuable parking and storage space. With its combination of location, character, and water frontage, this property is a standout multi-family offering on the market today. Seller financing available 10% down at 5% IO.
Key Facts
- City/Town
- New Haven
- Neighborhood
- Morris Cove
- Property / Style
- Multi-Family · 4sides - Units Are Side-by-Side,4updown - Unit(s) per Floor
- Year Built
- 1998
- Days on Market
- 312 days
- Beds
- 6
- Baths
- 6 full · 2 half
- Living Area
- 4,010 sq ft
- Lot Size
- 0.50 acres
- Garage / Parking
- 4 garage · 10 total
- Property Taxes
- $7,950 / 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
$1.95M
vs $599,450 median
3.3× the median
Price / Sq Ft
$486
vs $212 median
2.3× the median
Days on Market
312 days
vs 42 days median
270 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
86-88 Cove Street, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$9,942
- Property Taxes$663
- Insurance$650
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Haven
- Neighborhood
- Morris Cove
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- 4sides - Units Are Side-by-Side,4updown - Unit(s) per Floor
- Year Built
- 1998
- New Construction
- No/Resale
- Living Area
- 4,010 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Central Air
- Fireplaces
- 6
- Laundry
- Washer/Dryer All Units
- Laundry Location
- Closet in Kitchenand bedroom
- Basement
- Crawl SpaceUnfinished
Exterior & Lot
- Lot Size
- 0.50 acres
- Zoning
- RS2
- Garage / Parking
- 4 garage spaces10 total parking spacesDetached GaragePavedOff Street Parking
- Waterfront
- Direct waterfront
- Waterfront Details
- L. I. Sound FrontageWalk to WaterBeachViewAccess
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- White
- Roof
- Asphalt Shingle
- Foundation
- None
- Exterior Features
- BalconyDeckCovered Deck
- Lot Description
- Water View
Listing & Financials
- Property Taxes
- $7,950 / Annually
- Days on Market
- 312
- MLS #
- 24127300
- MLS Status
- Active
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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 10:10 AM UTC.