49-51 Third Street
Hamden, Connecticut 06514
Reduced from $450,000
- Beds
- 5
- Baths
- 2
- SqFt
- 1,882
- Acres
- 0.09
- Year Built
- 1940
- Neighborhood
- Highwood
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Welcome to 49 3rd Street in Hamden! A beautifully fully renovated two-family home with a finished basement located in a good neighborhood. This turnkey property offers the perfect opportunity for both owner-occupants or investors. The first-floor unit features 2 spacious bedrooms and 1 full bathroom, highlighted by gleaming hardwood floors and a brand-new modern kitchen with updated finishes. The second-floor unit offers 3 generously sized bedrooms and has been fully remodeled, providing a fresh and comfortable living space. Adding even more value, the home includes a fully finished and renovated basement, ideal for additional living space, recreation, or storage. The property is equipped with a high-efficiency heating system, helping to keep utility costs down. Whether you're looking to live in one unit while generating rental income or expand your investment portfolio with a move-in-ready property, this is an opportunity you don't want to miss. Schedule a showing today!
Key Facts
- City/Town
- Hamden
- Neighborhood
- Highwood
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1940
- Days on Market
- 125 days
- Beds
- 5
- Baths
- 2 full
- Living Area
- 1,882 sq ft
- Lot Size
- 0.09 acres
- Garage / Parking
- 5 total
- Property Taxes
- $11,029 / Annually
Market Snapshot
The Hamden Market
Multi-Family · trailing 12 months
Active Listings
10
15 under contract
Median List Price
$512,500
10 active listings
Median Closed Price
$457,000
31 sales
Median Days on Market
69
10 active listings
Median $ / Sq Ft
$170
10 active listings
Sale-to-List Ratio
100.0%
31 sales
How this home compares
List Price
$440,000
vs $512,500 median
14.1% below median
Price / Sq Ft
$234
vs $170 median
37.6% above median
Days on Market
125 days
vs 69 days median
56 days longer than median
Based on 10 active and 31 closed sales (trailing 12 mo) of multi-family in Hamden. Source: SmartMLS · As of July 29, 2026.
Location
49-51 Third Street, Hamden, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,243
- Property Taxes$919
- Insurance$147
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Hamden
- Neighborhood
- Highwood
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1940
- New Construction
- No/Resale
- Living Area
- 1,882 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Water
- Heat Fuel
- Bottle Gas
- Cooling
- None
- Fireplaces
- 1
- Laundry
- Basement Hook-Up(s)
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.09 acres
- Zoning
- R5
- Garage / Parking
- 5 total parking spacesDrivewayPrivatePavedAsphalt
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Aluminum
- Roof
- Shingle
- Foundation
- Concrete
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $11,029 / Annually
- Days on Market
- 125
- MLS #
- 24162453
- MLS Status
- Under Contract - Continue to Show
- Financing
- FHA,VA,CHFA
Similar Properties
Homes with a close match in area, property type, and price.
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 11:45 AM UTC.