18 Lawrence Street
Norwalk, Connecticut 06854
- Beds
- 5
- Baths
- 3
- SqFt
- 1,976
- Acres
- 0.14
- Year Built
- 1916
- Neighborhood
- SONO
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Legal 2-Family Property in the heart of SONO. Great for owner occupied OR strictly investment. ALL utilities separate. Natural Gas heat/hot water + SNEW electric/water keep utilities LOW. City water/City sewer. Conveniently located just minutes from Washington Street shops/restaurants, SONO Collection Mall, Veterans Park (Oyster Festival), Maritime Aquarium & MORE! Commuter friendly! South & East Norwalk Train Stations + I95/Rt 7 nearby. Unit 1 recently updated & includes 1 spacious bedroom, 1 full bathroom with stand up shower, living room, dining area & EIK ($1,900/month). Very light & bright and faces the front of Lawrence St + front patio. Unit 1 washer/dryer + storage in basement. Laundry belongs to owner. Basement clean and dry. All mechanicals newer & annually serviced since owner purchased 2021. 1st FL Hot water heater 2025. Unit 2 has 2- level living. Second FL has 2 bedrooms, 1 full bathroom, living room, dining area kitchen +rear balcony. Third level has 2 additional bedrooms & full bathroom + balcony to enter exit from rear. Unit 2 also uses basement for storage & takes care of landscaping. Interior/Exterior access to basement. *Unit 1 rent $1,900/month market value* *Unit 2 rent $3,100/month is currently BELOW market value. Based on rents in the area a 4 bed 2 bath should be rented between $3,800-$4,000. *Exenses - Taxes/Sewer $8,616 - Insurance/Flood $5,260 - Water - $800-1,000/year *Can likely find cheaper insurance* Based on potential rents - 8.1% CAP
Key Facts
Market Snapshot
The Norwalk Market
Multi-Family · trailing 12 months
Active Listings
9
10 under contract
Median List Price
$989,000
9 active listings
Median Closed Price
$790,000
47 sales
Median Days on Market
37
9 active listings
Median $ / Sq Ft
$400
9 active listings
Sale-to-List Ratio
100.0%
47 sales
How this home compares
List Price
$719,000
vs $989,000 median
27.3% below median
Price / Sq Ft
$364
vs $400 median
9.0% below median
Days on Market
110 days
vs 37 days median
73 days longer than median
Based on 9 active and 47 closed sales (trailing 12 mo) of multi-family in Norwalk. Source: SmartMLS · As of September 16, 2026.
Location
18 Lawrence Street, Norwalk, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 10, 2026per month
- Principal & Interest$3,735
- Property Taxes$718
- Insurance$240
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1916
- New Construction
- No/Resale
- Living Area
- 1,976 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Gas on GasHot Water
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Laundry
- Washer/Dryer Some Units
- Laundry Location
- Unit 1 IN Basement Unit 2 IN Unit
- Basement
- FullStorageHatchway AccessInterior AccessConcrete FloorFull With Walk-Out
Exterior & Lot
- Lot Size
- 0.14 acres
- Zoning
- C
- Garage / Parking
- 3 total parking spacesOn Street ParkingOff Street ParkingUnpaved
- Waterfront Details
- Beach Rights
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- Yes
- Construction
- Asbestos
- Color
- Green
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- BalconyAwningsGuttersGarden AreaLightingPatio
- Lot Description
- City ViewsLevel Lot
Listing & Financials
- Property Taxes
- $8,616 / Annually
- Days on Market
- 110
- MLS #
- 24179186
- MLS Status
- Under Contract - Continue to Show
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/16/2026. 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 9/16/2026 at 9:45 PM UTC.