171 Morse Street
Hamden, Connecticut 06517
- Beds
- 6
- Baths
- 3
- SqFt
- 3,971
- Acres
- 0.20
- Year Built
- 1940
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Legal 3-Family-Home, Spacious Units, Tall Ceilings | 3 Car detached Garage and newer roof. 171 Morse Street presents a compelling value-add multifamily opportunity in Hamden. This three-family property features tall ceilings, generously sized units, and flexible month-to-month tenancies, offering immediate upside through renovation and rent repositioning. Current rents are below market, providing a clear path for income growth. Additional highlights include a detached three-car garage, paved off-street parking, private yard, and newer roof. The property offers just under 4,000 square feet of living space, with layouts that support strong future rents once modernized. Ideal for investors or owner-occupants seeking long-term appreciation and income growth through strategic improvements.
Key Facts
- City/Town
- Hamden
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1940
- Days on Market
- 82 days
- Beds
- 6
- Baths
- 3 full
- Living Area
- 3,971 sq ft
- Lot Size
- 0.20 acres
- Garage / Parking
- 3 garage · 6 total
- Property Taxes
- $13,527 / 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
68
10 active listings
Median $ / Sq Ft
$170
10 active listings
Sale-to-List Ratio
100.0%
31 sales
How this home compares
List Price
$469,000
vs $512,500 median
8.5% below median
Price / Sq Ft
$118
vs $170 median
30.6% below median
Days on Market
82 days
vs 68 days median
14 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 28, 2026.
Location
171 Morse Street, Hamden, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,391
- Property Taxes$1,127
- Insurance$156
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Hamden
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1940
- New Construction
- No/Resale
- Living Area
- 3,971 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Water
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Fireplaces
- 1
- Laundry
- Basement Hook-Up(s)
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.20 acres
- Zoning
- R4 N
- Garage / Parking
- 3 garage spaces6 total parking spacesDetached GaragePaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Aluminum
- Color
- Green and White
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $13,527 / Annually
- Days on Market
- 82
- MLS #
- 24173588
- MLS Status
- Under Contract - Continue to Show
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 7/28/2026. 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 7:55 AM UTC.