18 Arch Street
Manchester, Connecticut 06040
- Beds
- 10
- Baths
- 4
- SqFt
- 3,840
- Acres
- 0.31
- Year Built
- 1919
- Property Type
- 4 Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
**BEST AND FINAL by Wednesday 12 pm**....Opportunity knocks in Manchester. Tucked away in a private, wooded setting yet minutes from I-384, I-84, Buckland Hills, and downtown amenities, 18-24 Arch Street offers a rare chance to acquire a fully occupied 4-family with strong rental history and immediate income. The building features four spacious units - a desirable mix of 2 and 3-bedroom layouts showcasing hardwood floors, updated kitchens, generous room sizes, and abundant natural light. Several units offer oversized living spaces, dedicated storage, covered porches, and unique bonus areas that appeal to long-term tenants. Separate gas, oil and electric meters for all units. Large paved parking area provides convenience rarely found in properties of this size. Set on a secluded lot bordered by mature trees, the property delivers privacy while remaining close to everything Manchester has to offer. Current gross rent: $7,385/mo | $88,620 annually | 9% cap rate | All 4 leases in place through 2027-2028. Strong occupancy, well-maintained living spaces, and stable collections make this an attractive addition for seasoned investors and those looking to expand their portfolio. Properties with in-place cash flow, tenant-friendly layouts, and a private wooded setting rarely become available in this market. A compelling turnkey opportunity in a high-demand Hartford County rental corridor. More pictures coming soon
Key Facts
- City/Town
- Manchester
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units are Side-by-Side,4sides - Units Are Side-by-Side
- Year Built
- 1919
- Days on Market
- 47 days
- Beds
- 10
- Baths
- 4 full
- Living Area
- 3,840 sq ft
- Lot Size
- 0.31 acres
- Property Taxes
- $8,466 / Annually
Market Snapshot
The Manchester Market
Multi-Family · trailing 12 months
Active Listings
3
12 under contract
Median List Price
$374,900
3 active listings
Median Closed Price
$410,000
66 sales
Median Days on Market
6
3 active listings
Median $ / Sq Ft
$148
3 active listings
Sale-to-List Ratio
104.3%
66 sales
How this home compares
List Price
$700,000
vs $374,900 median
86.7% above median
Price / Sq Ft
$182
vs $148 median
23.0% above median
Days on Market
47 days
vs 6 days median
41 days longer than median
Based on 3 active and 66 closed sales (trailing 12 mo) of multi-family in Manchester. Source: SmartMLS · As of July 28, 2026.
Location
18 Arch Street, Manchester, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$3,569
- Property Taxes$706
- Insurance$233
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Manchester
- Neighborhood
- N/A
- County
- Hartford
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- Units are Side-by-Side,4sides - Units Are Side-by-Side
- Year Built
- 1919
- New Construction
- No/Resale
- Living Area
- 3,840 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- Oil
- Cooling
- Ceiling Fans
- Basement
- None
Exterior & Lot
- Lot Size
- 0.31 acres
- Zoning
- RB
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Aluminum
- Roof
- ShingleGable
- Foundation
- Concrete
- Lot Description
- City ViewsLevel Lot
Listing & Financials
- Property Taxes
- $8,466 / Annually
- Days on Market
- 47
- MLS #
- 24182827
- MLS Status
- Under Contract
- Financing
- FHA,VA,CHFA,USDA
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 5:25 AM UTC.