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7 University Place

New Haven, Connecticut 06511

ACTIVE$695,000
Beds
6
Baths
3
SqFt
3,053
Acres
0.08
Year Built
1900
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Impeccable investment opportunity in the heart of Downtown New Haven, just steps from Yale University and the Broadway district. This impressive multi-family offers over 3,000 sq ft of living space across three floors of living space. The first-floor unit leased for $1425 per month features a great layout with 1300+ sq ft & offers hardwood floors, high ceilings, two ornate fireplaces & abundant natural light. The unit includes two spacious bedrooms, one full bath, a cozy kitchen, large living room & a bonus flex room ideal for a home office or study space. The second-floor layout is identical to the first floor but combines with the third floor creating one large apartment leased for $3600 per month. The third-floor offers an additional 1100+ sq ft with carpeting, a spacious living room, eat-in kitchen, two sizable bedrooms, a bonus room, & a full bath. Private decks & a private yard create a perfect space for enjoying the outdoors. Ample off-street parking is a bonus for this location. The building features separate utilities. This charming New Haven multi-family is ideally positioned for strong rental demand, making it an excellent addition to any investment portfolio or perfect for buyers looking to owner occupy!

Key Facts

City/Town
New Haven
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1900
Days on Market
82 days
Beds
6
Baths
3 full
Living Area
3,053 sq ft
Lot Size
0.08 acres
Garage / Parking
1 total
Property Taxes
$7,645 / Annually

Market Snapshot

The New Haven Market

Multi-Family · trailing 12 months

Median Days on Market

41

61 active listings

Median $ / Sq Ft

$212

61 active listings

Sale-to-List Ratio

100.1%

293 sales

How this home compares

List Price

$695,000

vs $599,900 median

15.9% above median

Price / Sq Ft

$228

vs $212 median

7.5% above median

Days on Market

82 days

vs 41 days median

41 days longer than median

Based on 61 active and 293 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of July 28, 2026.

Location

7 University Place, New Haven, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,413

per month

  • Principal & Interest$3,544
  • Property Taxes$637
  • Insurance$232
  • HOA$0

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

Location

City/Town
New Haven
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
Units on different Floors
Year Built
1900
New Construction
No/Resale
Living Area
3,053 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
None
Laundry
Basement Hook-Up(s)
Laundry Location
Laundry in basement
Basement
FullShared Basement

Exterior & Lot

Lot Size
0.08 acres
Zoning
RM2
Garage / Parking
1 total parking spacePavedDrivewayPaved
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer In Street
Construction
Asbestos
Roof
Asphalt Shingle
Foundation
BrickStone
Exterior Features
SidewalkGuttersGarden AreaLighting
Lot Description
Level Lot

Listing & Financials

Property Taxes
$7,645 / Annually
Days on Market
82
MLS #
24173370
MLS Status
Active

Similar Properties

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Listed By

John Hill

(203) 675-3942

Seabury Hill REALTORS

(203) 562-1220

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 6:15 AM UTC.