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40 Allen Place

Hartford, Connecticut 06106

ACTIVE$579,999
Beds
9
Baths
6
SqFt
4,974
Acres
0.31
Year Built
1920
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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4 Fireplaces

About This Home

A rare 5-unit multifamily opportunity in Hartford's Trinity College neighborhood, offering nearly 5,000 square feet of living space. This distinctive Victorian Colonial blends historic character with strong income potential, featuring hardwood floors, generous storage, and a flexible unit mix. 4 of the 5 units are currently furnished, and the seller is open to including furnishings in negotiations. Set within a short walk of Connecticut Children's Medical Center, and Trinity College, the location drives consistent rental demand. Electricity is separately metered, and the building offers 3 heating zones, one per floor. The basement includes a brand new washer and dryer, and tenants enjoy private off-street parking in the rear. Unit 3 is a large, separated studio. Unit 5 is a two-floor layout with a spacious third bedroom and attached full bath, which can function as a bedroom, a living room combo setup, or a bonus suite. One unit has a month-to-month tenant whose lease recently expired, creating immediate upside and flexibility for an owner occupant or investor.

Key Facts

City/Town
Hartford
Neighborhood
Barry Square
Property / Style
Multi-Family · Other
Year Built
1920
Days on Market
74 days
Beds
9
Baths
6 full
Living Area
4,974 sq ft
Lot Size
0.31 acres
Property Taxes
$14,301 / Annually

Market Snapshot

The Hartford Market

Multi-Family · trailing 12 months

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

$579,999

vs $459,900 median

26.1% above median

Price / Sq Ft

$117

vs $120 median

In line with median

Days on Market

74 days

vs 32 days median

42 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

40 Allen Place, Hartford, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,342

per month

  • Principal & Interest$2,957
  • Property Taxes$1,192
  • Insurance$193
  • HOA$0

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

Location

City/Town
Hartford
Neighborhood
Barry Square
County
Hartford

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Other
Year Built
1920
New Construction
No/Resale
Living Area
4,974 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
ElectricNatural Gas
Cooling
Window Unit
Fireplaces
4
Laundry
Basement Hook-Up(s)
Laundry Location
Basement has washer & dryer
Basement
Full

Exterior & Lot

Lot Size
0.31 acres
Zoning
NX-2
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Wood
Roof
Asphalt ShingleGable
Foundation
BrickStone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$14,301 / Annually
Days on Market
74
MLS #
24174818
MLS Status
Active

Similar Properties

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

Listed By

Romanee Ives

(860) 970-5161

Cornerstone Homes Plus, Inc.

(860) 478-8713

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 7:50 AM UTC.