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16 Cleveland Street

Danbury, Connecticut 06810

ACTIVE$1,050,000
Beds
7
Baths
5
SqFt
3,342
Acres
0.25
Year Built
1879
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Expand your real estate portfolio with this exceptional four-family property offering strong income potential in a convenient Danbury location. With over 3,340 square feet of living space, this multifamily features a desirable mix of spacious apartments, hardwood flooring, a detached one-car garage, off-street parking, and a full unfinished basement that provides ample storage. Whether you're a seasoned investor or looking to live in one unit while generating rental income from the others, this property offers flexibility, long-term value, and excellent upside. Conveniently located just minutes from shopping, dining, schools, parks, public transportation, and major commuter routes, this is an opportunity you won't want to miss.

Key Facts

City/Town
Danbury
Neighborhood
Germantown
Property / Style
Multi-Family · Other
Year Built
1879
Days on Market
12 days
Beds
7
Baths
5 full
Living Area
3,342 sq ft
Lot Size
0.25 acres
Property Taxes
$11,043 / Annually

Market Snapshot

The Danbury Market

Multi-Family · trailing 12 months

Median Days on Market

15

10 active listings

Median $ / Sq Ft

$337

10 active listings

Sale-to-List Ratio

100.0%

49 sales

How this home compares

List Price

$1.05M

vs $897,450 median

17.0% above median

Price / Sq Ft

$314

vs $337 median

6.8% below median

Days on Market

12 days

vs 15 days median

3 days fresher than median

Based on 10 active and 49 closed sales (trailing 12 mo) of multi-family in Danbury. Source: SmartMLS · As of July 28, 2026.

Location

16 Cleveland Street, Danbury, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,624

per month

  • Principal & Interest$5,354
  • Property Taxes$920
  • Insurance$350
  • HOA$0

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

Location

City/Town
Danbury
Neighborhood
Germantown
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
Quadruplex
Style
Other
Year Built
1879
New Construction
No/Resale
Living Area
3,342 sq ft

Schools

Elementary
Ellsworth
High
Danbury

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
None
Basement
Full

Exterior & Lot

Lot Size
0.25 acres
Zoning
R3
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
AsbestosShingle
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$11,043 / Annually
Days on Market
12
MLS #
24191857
MLS Status
Active

Similar Properties

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

Listed By

Jocelyn Rodriguez

(203) 947-1604

Paul Rullo Real Estate

(203) 792-8022

Co-Listed By

Paul Rullo

Paul Rullo Real Estate

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.