114-120 Franklin Street
Meriden, Connecticut 06450
- Beds
- 6
- Baths
- 3
- SqFt
- 3,648
- Acres
- 0.14
- Year Built
- 1920
- Property Type
- 3 Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
114-120 Franklin Street, Meriden, CT offers a fantastic opportunity for investors looking to add a strong, income-producing property to their portfolio. This unique property features a fully rented two-family home along with a separate single-family home situated on the same 0.14-acre lot, providing excellent versatility and long-term value. The two-family home offers approximately 2,730 square feet of living space and is currently generating reliable rental income with both units rented at $1,600 per month. The first-floor unit has been recently repainted, new kitchen flooring, both bedrooms and bathroom have new flooring and the first floor has a new shower enclosure, new bathroom vanity, exhasust fan & toilet and new stove hood vent/fan. Newly installed washer/dryer hookups in 114 Franklin St and Both buildings feature low-maintenance vinyl siding and newer roofs. Additional highlights include a fenced-in backyard and convenient off-street parking. With solid rental income, well-maintained buildings, and a desirable setup, this fully occupied, income-producing property is a must-see investment opportunity.
Key Facts
- City/Town
- Meriden
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Other
- Year Built
- 1920
- Days on Market
- 52 days
- Beds
- 6
- Baths
- 3 full
- Living Area
- 3,648 sq ft
- Lot Size
- 0.14 acres
- Property Taxes
- $7,075 / Annually
Market Snapshot
The Meriden Market
Multi-Family · trailing 12 months
Active Listings
17
22 under contract
Median List Price
$450,000
17 active listings
Median Closed Price
$400,000
75 sales
Median Days on Market
73
17 active listings
Median $ / Sq Ft
$163
17 active listings
Sale-to-List Ratio
101.0%
75 sales
How this home compares
List Price
$579,900
vs $450,000 median
28.9% above median
Price / Sq Ft
$159
vs $163 median
In line with median
Days on Market
52 days
vs 73 days median
21 days fresher than median
Based on 17 active and 75 closed sales (trailing 12 mo) of multi-family in Meriden. Source: SmartMLS · As of July 28, 2026.
Location
114-120 Franklin Street, Meriden, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,957
- Property Taxes$590
- Insurance$193
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Meriden
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Other
- Year Built
- 1920
- New Construction
- No/Resale
- Living Area
- 3,648 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural GasOil
- Cooling
- None
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.14 acres
- Zoning
- R-3
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $7,075 / Annually
- Days on Market
- 52
- MLS #
- 24180363
- MLS Status
- Active
Similar Properties
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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 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 6:55 AM UTC.