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48 Mountain Street

Derby, Connecticut 06418

ACTIVE$429,900

Reduced from $469,900

Beds
3
Baths
2
SqFt
1,800
Acres
0.49
Year Built
1950
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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2-Car Garage1 FireplacePrice Reduced

About This Home

This cozy two-family home offers a fantastic opportunity for owner-occupants or investors alike! The front unit features its own separate front porch and private driveway entry, leading into a spacious living room filled with natural light. Just beyond the living room is an updated kitchen complete with a cozy cove dining area. This unit also offers an updated full bathroom, a primary bedroom with a walk-in cedar closet, and a generously sized guest bedroom. Rear access from the unit leads to the shared basement space for additional storage and utility access. The back unit features a separate lower driveway with access to a two-car garage. Enter through the side breezeway into an open-concept layout perfect for comfortable living and entertaining. The living room includes sliders leading to a covered back deck, creating a great indoor/outdoor flow. This one-bedroom unit offers a large wraparound walk-in closet and a spacious kitchen with endless potential to make it your own. Conveniently located for commuters with easy access to major routes, shopping, and everyday amenities. Priced with your updates in mind, this home is being sold as is.

Key Facts

City/Town
Derby
Neighborhood
N/A
Property / Style
Multi-Family · Units are Side-by-Side
Year Built
1950
Days on Market
79 days
Beds
3
Baths
2 full
Living Area
1,800 sq ft
Lot Size
0.49 acres
Garage / Parking
2 garage
Property Taxes
$7,034 / Annually

Market Snapshot

The Derby Market

Multi-Family · trailing 12 months

Median Days on Market

86

4 active listings

Median $ / Sq Ft

$203

4 active listings

Sale-to-List Ratio

100.0%

26 sales

How this home compares

List Price

$429,900

vs $457,450 median

6.0% below median

Price / Sq Ft

$239

vs $203 median

17.7% above median

Days on Market

79 days

vs 86 days median

7 days fresher than median

Based on 4 active and 26 closed sales (trailing 12 mo) of multi-family in Derby. Source: SmartMLS · As of July 30, 2026.

Location

48 Mountain Street, Derby, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,921

per month

  • Principal & Interest$2,192
  • Property Taxes$586
  • Insurance$143
  • HOA$0

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

Location

City/Town
Derby
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units are Side-by-Side
Year Built
1950
New Construction
No/Resale
Living Area
1,800 sq ft

Schools

Elementary
Per Board of Ed
High
Derby

Interior

Heating
BaseboardRadiant
Heat Fuel
OilPropane
Cooling
None
Fireplaces
1
Laundry
Basement Hook-Up(s)
Basement
PartialUnfinished

Exterior & Lot

Lot Size
0.49 acres
Zoning
R-5
Garage / Parking
2 garage spacesDetached Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Color
Beige
Roof
Asphalt ShingleFiberglass Shingle
Foundation
Concrete
Exterior Features
BreezewayPorchCovered Deck
Lot Description
N/A

Listing & Financials

Property Taxes
$7,034 / Annually
Days on Market
79
MLS #
24172579
MLS Status
Active

Similar Properties

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

Listed By

Jenna Giampaolo

(203) 218-8842

Real Estate Two

(203) 926-1122

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

The IDX display contains information sourced from SmartMLS, Inc. as of 7/30/2026. 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 7/30/2026 at 11:55 PM UTC.