486 Prospect Avenue
Hartford, Connecticut 06105
- Beds
- 4
- Baths
- 4
- SqFt
- 3,190
- Acres
- 0.21
- Year Built
- 1900
- Property Type
- 4 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.
Key Facts
- City/Town
- Hartford
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1900
- Days on Market
- 75 days
- Beds
- 4
- Baths
- 4 full
- Living Area
- 3,190 sq ft
- Lot Size
- 0.21 acres
- Garage / Parking
- 3 garage · 4 total
- Property Taxes
- $9,687 / Annually
Market Snapshot
The Hartford Market
Multi-Family · trailing 12 months
Active Listings
49
70 under contract
Median List Price
$459,900
49 active listings
Median Closed Price
$420,000
230 sales
Median Days on Market
32
49 active listings
Median $ / Sq Ft
$120
49 active listings
Sale-to-List Ratio
100.0%
230 sales
How this home compares
List Price
$439,000
vs $459,900 median
In line with median
Price / Sq Ft
$138
vs $120 median
15.0% above median
Days on Market
75 days
vs 32 days median
43 days longer than median
Based on 49 active and 230 closed sales (trailing 12 mo) of multi-family in Hartford. Source: SmartMLS · As of July 28, 2026.
Location
486 Prospect Avenue, Hartford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,238
- Property Taxes$807
- Insurance$146
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Hartford
- Neighborhood
- N/A
- County
- Hartford
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- Units on different Floors
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 3,190 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Water
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Basement
- FullUnfinishedHatchway AccessInterior AccessFull With Hatchway
Exterior & Lot
- Lot Size
- 0.21 acres
- Zoning
- N2-2
- Garage / Parking
- 3 garage spaces4 total parking spacesDetached GaragePavedOff Street ParkingDrivewayPrivatePaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl SidingWood
- Roof
- Asphalt Shingle
- Foundation
- ConcreteStone
- Exterior Features
- SidewalkPorchGuttersLighting
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $9,687 / Annually
- Days on Market
- 75
- MLS #
- 24175658
- MLS Status
- Under Contract
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Michelle Lorenzetti
Premier Re Group LLC
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 5:25 AM UTC.