163 Chapel Street
New Haven, Connecticut 06513
Reduced from $1,000,000
- Beds
- 11
- Baths
- 5
- SqFt
- 3,523
- Acres
- 0.10
- Year Built
- 1900
- Neighborhood
- Fair Haven
- Property Type
- 5+ Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Fully renovated 5-unit multifamily property located in the Fair Haven neighborhood on Chapel Street, just 10 minutes from Downtown New Haven. The asset features updated units with modern finishes, including renovated kitchens and bathrooms, as well as new hot water tanks and a furnace, making it a low-maintenance, turnkey investment. Strong in-place income with below-market rents offers clear upside potential for future rent increases. Conveniently located near major employers, public transportation, and local amenities, this property is well-positioned in a growing rental market with continued demand.
Key Facts
- City/Town
- New Haven
- Neighborhood
- Fair Haven
- Property / Style
- Multi-Family · Other
- Year Built
- 1900
- Days on Market
- 171 days
- Beds
- 11
- Baths
- 5 full
- Living Area
- 3,523 sq ft
- Lot Size
- 0.10 acres
- Garage / Parking
- 1 total
- Property Taxes
- $7,665 / Annually
Market Snapshot
The New Haven Market
Multi-Family · trailing 12 months
Active Listings
69
50 under contract
Median List Price
$599,000
69 active listings
Median Closed Price
$494,250
312 sales
Median Days on Market
57
69 active listings
Median $ / Sq Ft
$211
69 active listings
Sale-to-List Ratio
100.2%
312 sales
How this home compares
List Price
$850,000
vs $599,000 median
41.9% above median
Price / Sq Ft
$241
vs $211 median
14.2% above median
Days on Market
171 days
vs 57 days median
114 days longer than median
Based on 69 active and 312 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of October 10, 2026.
Location
163 Chapel Street, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 8, 2026per month
- Principal & Interest$4,708
- Property Taxes$639
- Insurance$283
- 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
- Other
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 3,523 sq ft
Schools
- Elementary
- Fair Haven
- High
- Per Board of Ed
Interior
- Heating
- Gas on Gas
- Cooling
- None
- Basement
- PartialShared Basement
Exterior & Lot
- Lot Size
- 0.10 acres
- Zoning
- BA
- Garage / Parking
- 1 total parking spaceDrivewayPrivatePaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- white
- Roof
- Asphalt Shingle
- Foundation
- Brick
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $7,665 / Annually
- Days on Market
- 171
- MLS #
- 24168052
- MLS Status
- Active
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Jacob Mochkin
Roundtree Realty LLC
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 10/10/2026. 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 10/10/2026 at 3:30 AM UTC.