206 Lamberton Street
New Haven, Connecticut 06519
Reduced from $675,000
- Beds
- 8
- Baths
- 4 | 1
- SqFt
- 5,778
- Acres
- 0.12
- Year Built
- 1900
- Property Type
- 4 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
Outstanding opportunity to own a legal four-family property, with potential for a fifth unit, in New Haven - ideally positioned for investors and owner-occupants alike. This property provides strong rental income with three long-term tenants in place. The property includes one three-family building in front and a separate single-family building in the rear, both situated on the same lot - and it qualifies for FHA financing. The front three-family building offers two 2-bedroom apartments, with the second floor to be delivered vacant, plus a 1-bedroom unit on the third floor. There is also potential to add a fifth unit via the basement, which features front walk-out access. Natural gas heat, a large driveway for off-street parking, and a detached garage further add to the value this unique property offers. Conveniently located near bus lines, public transportation, parks, the library, medical facilities, and recreational amenities, with a level corner lot and city views. A turnkey addition to any portfolio with built-in upside.
Key Facts
- City/Town
- New Haven
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Other
- Year Built
- 1900
- Days on Market
- 88 days
- Beds
- 8
- Baths
- 4 full · 1 half
- Living Area
- 5,778 sq ft
- Lot Size
- 0.12 acres
- Property Taxes
- $8,168 / Annually
Market Snapshot
The New Haven Market
Multi-Family · trailing 12 months
Active Listings
70
59 under contract
Median List Price
$577,450
70 active listings
Median Closed Price
$490,000
299 sales
Median Days on Market
53
70 active listings
Median $ / Sq Ft
$203
70 active listings
Sale-to-List Ratio
100.1%
299 sales
How this home compares
List Price
$650,000
vs $577,450 median
12.6% above median
Price / Sq Ft
$112
vs $203 median
44.8% below median
Days on Market
88 days
vs 53 days median
35 days longer than median
Based on 70 active and 299 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of September 11, 2026.
Location
206 Lamberton Street, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 10, 2026per month
- Principal & Interest$3,376
- Property Taxes$681
- Insurance$217
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Haven
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- Other
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 5,778 sq ft
- Below Grade
- 1,992 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Gravity Warm Air
- Heat Fuel
- Natural Gas
- Cooling
- None
- Laundry
- Common Laundry Area
- Laundry Location
- Washer/Dryer in basement each bldg
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.12 acres
- Zoning
- RM2
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- ShingleClapboardAsbestos
- Color
- Beige and White 3 Fa
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- SidewalkGutters
- Lot Description
- City ViewsLevel Lot
Listing & Financials
- Property Taxes
- $8,168 / Annually
- Days on Market
- 88
- MLS #
- 24184014
- MLS Status
- Under Contract
- Financing
- FHA,VA,CHFA
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Harvest Fedor
Align Realty LLC
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/11/2026. 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 9/11/2026 at 9:40 AM UTC.