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203 Spring Street

Meriden, Connecticut 06451

ACTIVE$345,000

Reduced from $430,000

Beds
4
Baths
2
SqFt
1,848
Acres
0.11
Year Built
1949
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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1-Car Garage1 FireplacePrice Reduced

About This Home

Well-maintained multifamily property offering flexibility and opportunity for a variety of buyers. This home provides an ideal setup for an owner-occupant looking to live in one unit while offsetting expenses with rental income, or for an investor seeking a property with established income potential. Each unit features a practical layout designed for comfortable day-to-day living and ease of management. The property has been consistently cared for and offers tenants currently in place, allowing for immediate rental income. Separate living spaces provide privacy and versatility, making the home suitable for buyers who value flexible use of space, whether for personal occupancy, income generation, or long-term planning. Conveniently located in Meriden, the property is close to shopping, dining, schools, parks, and major commuter routes, contributing to strong rental demand and everyday convenience. The location supports both owner-occupants seeking accessibility and investors focused on consistent market appeal. This multifamily home presents a balanced opportunity that combines housing, income potential, and location. A solid option for buyers seeking a property that can adapt to changing needs over time. Schedule a showing to explore the possibilities this property offers.

Key Facts

City/Town
Meriden
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1949
Days on Market
191 days
Beds
4
Baths
2 full
Living Area
1,848 sq ft
Lot Size
0.11 acres
Garage / Parking
1 garage
Property Taxes
$4,968 / Annually

Market Snapshot

The Meriden Market

Multi-Family · trailing 12 months

Median Days on Market

73

17 active listings

Median $ / Sq Ft

$163

17 active listings

Sale-to-List Ratio

101.0%

75 sales

How this home compares

List Price

$345,000

vs $450,000 median

23.3% below median

Price / Sq Ft

$187

vs $163 median

14.7% above median

Days on Market

191 days

vs 73 days median

118 days longer than median

Based on 17 active and 75 closed sales (trailing 12 mo) of multi-family in Meriden. Source: SmartMLS · As of July 28, 2026.

Location

203 Spring Street, Meriden, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,288

per month

  • Principal & Interest$1,759
  • Property Taxes$414
  • Insurance$115
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Meriden
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1949
New Construction
No/Resale
Living Area
1,848 sq ft

Schools

Elementary
Benjamin Franklin
High
Orville H. Platt

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
Ceiling Fans
Fireplaces
1
Basement
FullUnfinishedSump PumpGarage AccessFull With Walk-Out

Exterior & Lot

Lot Size
0.11 acres
Zoning
R-1
Garage / Parking
1 garage spaceUnder House Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
N/A

Listing & Financials

Property Taxes
$4,968 / Annually
Days on Market
191
MLS #
24149594
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Courtney Sargent-Ferguson

(475) 308-7618

Goregous Real Estate

(203) 691-1312

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. 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 7/28/2026 at 5:15 AM UTC.