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306 Howard Avenue

New Haven, Connecticut 06519

ACTIVE$599,900
Beds
12
Baths
3
SqFt
3,588
Acres
0.09
Year Built
1910
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Attention investors seeking immediate cash flow in a high-demand rental market! This income-producing 3-family property is currently generating $5,525 per month in gross rental income and offers a strong opportunity to add a performing asset to your portfolio. Each unit features 4 bedrooms, a spacious kitchen, living room, and full bathroom, providing a desirable layout that appeals to a broad tenant base and supports long-term rental demand. The property offers several features investors appreciate, including vinyl siding for lower exterior maintenance, laundry hookups in the basement, natural gas heating, and valuable off-street parking located behind the building. A shared driveway provides access to the rear parking area, an added convenience for tenants in an urban setting. Strategically located near Yale University, Downtown New Haven, Wooster Square, Union Station, and Long Wharf's popular Food Truck Paradise, this property benefits from proximity to major employment centers, transportation hubs, restaurants, and entertainment. Easy access to I-91, I-95, and Route 34 further enhances tenant appeal and supports strong occupancy potential. Whether you're expanding an existing portfolio or acquiring your first investment property, this well-maintained multi-family offers current income, low-maintenance ownership, and future upside in one of Connecticut's strongest rental markets!

Key Facts

City/Town
New Haven
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1910
Days on Market
41 days
Beds
12
Baths
3 full
Living Area
3,588 sq ft
Lot Size
0.09 acres
Garage / Parking
3 total
Property Taxes
$9,625 / Annually

Market Snapshot

The New Haven Market

Multi-Family · trailing 12 months

Median Days on Market

41

61 active listings

Median $ / Sq Ft

$212

61 active listings

Sale-to-List Ratio

100.1%

293 sales

How this home compares

List Price

$599,900

vs $599,900 median

In line with median

Price / Sq Ft

$167

vs $212 median

21.2% below median

Days on Market

41 days

vs 41 days median

In line with median

Based on 61 active and 293 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of July 28, 2026.

Location

306 Howard Avenue, New Haven, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,061

per month

  • Principal & Interest$3,059
  • Property Taxes$802
  • Insurance$200
  • 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
3 Family
Style
Units on different Floors
Year Built
1910
New Construction
No/Resale
Living Area
3,588 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
None
Laundry
Basement Hook-Up(s)
Basement
FullUnfinishedHatchway AccessInterior Access

Exterior & Lot

Lot Size
0.09 acres
Zoning
RM1
Garage / Parking
3 total parking spacesOff Street Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Color
White
Roof
Flat
Foundation
Block
Lot Description
Level Lot

Listing & Financials

Property Taxes
$9,625 / Annually
Days on Market
41
MLS #
24184046
MLS Status
Active
Financing
CHFA

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Doug Hagen

(203) 687-5205

Starr Team at LPT Realty

(860) 325-2484

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 6:15 AM UTC.