241 Old Stratfield Road
Fairfield, Connecticut 06825
Reduced from $775,000
- Beds
- 4
- Baths
- 2
- SqFt
- 1,524
- Acres
- 0.06
- Year Built
- 1909
- Neighborhood
- Stratfield
- Property Type
- 2 Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
!!!ASSUMABLE 3% VA LOAN - APPROX. $468,000 BALANCE!!! A rare opportunity to secure a substantial portion of your financing at just 3% on this fully renovated Fairfield two-family! Current rents total $4,650/month and are believed to be below market, creating a compelling opportunity for owner-occupants and investors alike. Live in one unit and let the other help offset your housing costs or add a turnkey income-producing property to your portfolio. Completely renovated and thoughtfully updated from top to bottom, the home features a 1 bedroom, 1 bath first-floor apartment & a 3 bedroom, 1 bath apartment spanning the 2nd & 3rd floors. Both units offer updated kitchens with quartz countertops, custom white cabinetry, stainless steel appliances and designer tile backsplashes, along with renovated baths, crown molding, recessed lighting, updated flooring and neutral contemporary finishes. The upper unit includes flexible living space, a dedicated office/flex room and walk-in closet. Instant hot water heaters & extensive renovation work offer added efficiency & peace of mind for years to come. Outside, enjoy a covered front porch, multi-level rear decks, & a fully fenced backyard with fire pit area w/cafe lighting. Convenient to schools, shopping, restaurants, parks, Metro-North &major commuting routes. Current rents: $1,925 for the 1BR & $2,725 for the 3BR. Loan assumption subject to servicer approval & buyer qualification. !!!ASSUMABLE 3% VA LOAN - APPROX. $468,000 BALANCE!!!
Key Facts
- City/Town
- Fairfield
- Neighborhood
- Stratfield
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1909
- Days on Market
- 78 days
- Beds
- 4
- Baths
- 2 full
- Living Area
- 1,524 sq ft
- Lot Size
- 0.06 acres
- Property Taxes
- $7,544 / Annually
Market Snapshot
The Fairfield Market
Multi-Family · trailing 12 months
Active Listings
3
3 under contract
Median List Price
$999,900
3 active listings
Median Closed Price
$751,000
23 sales
Median Days on Market
78
3 active listings
Median $ / Sq Ft
$495
3 active listings
Sale-to-List Ratio
100.2%
23 sales
How this home compares
List Price
$755,000
vs $999,900 median
24.5% below median
Price / Sq Ft
$495
vs $495 median
In line with median
Days on Market
78 days
vs 78 days median
In line with median
Based on 3 active and 23 closed sales (trailing 12 mo) of multi-family in Fairfield. Source: SmartMLS · As of August 14, 2026.
Location
241 Old Stratfield Road, Fairfield, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$3,885
- Property Taxes$629
- Insurance$252
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Fairfield
- Neighborhood
- Stratfield
- County
- Fairfield
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1909
- New Construction
- No/Resale
- Living Area
- 1,524 sq ft
Schools
- Elementary
- McKinley
- High
- Fairfield Warde
Interior
- Heating
- Hot Water
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Laundry
- Washer/Dryer All Units
- Laundry Location
- basement
- Basement
- FullUnfinishedStorageWalk-outFull With Walk-Out
Exterior & Lot
- Lot Size
- 0.06 acres
- Zoning
- B
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Exterior Features
- PorchDeckGuttersGarden AreaLighting
- Lot Description
- Sloping Lot
Listing & Financials
- Property Taxes
- $7,544 / Annually
- Days on Market
- 78
- MLS #
- 24176561
- MLS Status
- Active
- Financing
- Assumable,FHA,VA,CHFA
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Camilo Ramirez
Higgins Group Real Estate
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/14/2026. 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 8/14/2026 at 3:30 AM UTC.