7 Olson Avenue
Cromwell, Connecticut 06416
- Beds
- 4
- Baths
- 3
- SqFt
- 2,800
- Acres
- 0.40
- Year Built
- 1958
- Property Type
- 2 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
Rarely available, this spacious 2-family or multi-generational home sits on a large 0.40-acre lot. The first-floor unit offers 3 bedrooms and a fully finished lower level with a second full bath. Upstairs, the bright and airy unit boasts a brand-new, fully applianced modern kitchen with quartz counters and a generous dining area. There are two additional rooms that can serve as either living rooms or bedrooms, one featuring an alcove perfect for an office. Move-in ready, the property has a fantastic yard and is conveniently close to the library, town recreation facilities, Pierson Park, and Main Street, with easy access to RT9 and I91. Cromwell truly is the heart of Connecticut.
Key Facts
- City/Town
- Cromwell
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1958
- Days on Market
- 15 days
- Beds
- 4
- Baths
- 3 full
- Living Area
- 2,800 sq ft
- Lot Size
- 0.40 acres
- Garage / Parking
- 4 total
- Property Taxes
- $5,383 / Annually
Market Snapshot
The Cromwell Market
Multi-Family · trailing 12 months
Active Listings
2
1 under contract
Median List Price
$492,450
2 active listings
Median Closed Price
$440,000
4 sales
Median Days on Market
13
2 active listings
Median $ / Sq Ft
$179
2 active listings
Sale-to-List Ratio
106.6%
4 sales
How this home compares
List Price
$524,900
vs $492,450 median
6.6% above median
Price / Sq Ft
$187
vs $179 median
In line with median
Days on Market
15 days
vs 13 days median
2 days longer than median
Based on 2 active and 4 closed sales (trailing 12 mo) of multi-family in Cromwell. Source: SmartMLS · As of July 28, 2026.
Location
7 Olson Avenue, Cromwell, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,676
- Property Taxes$449
- Insurance$175
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Cromwell
- Neighborhood
- N/A
- County
- Middlesex
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1958
- New Construction
- No/Resale
- Living Area
- 2,800 sq ft
- Below Grade
- 1,000 sq ft
Schools
- Elementary
- Edna C. Stevens
- High
- Cromwell
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- Ductless
- Fireplaces
- 2
- Laundry
- Hook-Up In Unit 1Hook-Up In Unit 2
- Laundry Location
- 1st floor has laundry room lower level
- Basement
- FullFully FinishedFull With Hatchway
Exterior & Lot
- Lot Size
- 0.40 acres
- Zoning
- R-15
- Garage / Parking
- 4 total parking spacesDrivewayPaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Aluminum
- Color
- brown
- Roof
- Shingle
- Foundation
- Concrete
- Lot Description
- Lightly WoodedLevel Lot
Listing & Financials
- Property Taxes
- $5,383 / Annually
- Days on Market
- 15
- MLS #
- 24190910
- MLS Status
- Active
- Financing
- FHA,VA,CHFA
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Brian Deperry
Berkshire Hathaway NE Prop.
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 4:25 AM UTC.