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5 Elmer Street

New Haven, Connecticut 06512

PENDING$494,900
Beds
3
Baths
2 | 1
SqFt
1,910
Acres
0.29
Year Built
1940
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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Pool1-Car Garage1 Fireplace

About This Home

Turnkey Two-Unit Ranch - Ultimate Flexibility & Outdoor Oasis!Superb condition multi-family opportunity perfect for investors or owner-occupants! This pristine, one-level ranch features two versatile units. Unit 1 offers a flexible 2-to-3 bedroom layout. Unit 2 features a adaptable 1-to-2 bedroom configuration to perfectly fit your needs. Both units boast an open-concept living and dining area, seamlessly flowing into a chef's kitchen complete with state-of-the-art cabinetry and gorgeous granite countertops.Gleaming hardwood floors run through most of the home, complemented by newer windows, durable vinyl siding, and a newer roof for ultimate peace of mind. Enjoy separate gas heat utilities and the comfort of central air conditioning in the primary unit. The spectacular backyard is an entertainer's dream, showcasing a beautiful deck, massive oversized patios, and a refreshing above-ground pool. Complete with an attached 1+ car garage and ample parking, this rare gem is completely move-in ready!

Key Facts

City/Town
New Haven
Neighborhood
Morris Cove
Property / Style
Multi-Family · Units are Side-by-Side
Year Built
1940
Days on Market
13 days
Beds
3
Baths
2 full · 1 half
Living Area
1,910 sq ft
Lot Size
0.29 acres
Garage / Parking
1 garage
Property Taxes
$7,866 / 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

$494,900

vs $599,900 median

17.5% below median

Price / Sq Ft

$259

vs $212 median

22.2% above median

Days on Market

13 days

vs 41 days median

28 days fresher than 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

5 Elmer Street, New Haven, Connecticut

Property + 10 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,344

per month

  • Principal & Interest$2,523
  • Property Taxes$656
  • Insurance$165
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
New Haven
Neighborhood
Morris Cove
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units are Side-by-Side
Year Built
1940
New Construction
No/Resale
Living Area
1,910 sq ft

Schools

Elementary
pba
High
pba

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
Central Air
Fireplaces
1
Basement
Full

Exterior & Lot

Lot Size
0.29 acres
Zoning
RS2
Garage / Parking
1 garage spaceDetached Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Pool
Above Ground Pool
Construction
Vinyl Siding
Color
white
Roof
Asphalt Shingle
Foundation
BlockConcrete
Exterior Features
Deck
Lot Description
Corner LotLevel Lot

Listing & Financials

Property Taxes
$7,866 / Annually
Days on Market
13
MLS #
24191542
MLS Status
Under Contract - Continue to Show
Financing
FHA

Similar Properties

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

Listed By

Giulio Liguori

(203) 996-5555

American First Realty LLC

(203) 488-3838

Co-Listed By

Maria Gallicchio

American First Realty LLC

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 5:20 AM UTC.