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31 Cleveland Street

Danbury, Connecticut 06810

PENDING$600,000
Beds
4
Baths
3
SqFt
2,496
Acres
0.13
Year Built
1983
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Located on a desirable residential street in one of Danbury's most convenient neighborhoods, this well-maintained Multifamily property is within walking distance of WCSU & Danbury Hospital. Whether you're an investor seeking a fully leased, income-producing asset or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility & value. Built in '83, this newer Multifamily home offers the advantages of modern construction with pride of ownership & thoughtful maintenance that shows throughout. Spacious, remodeled top-floor apartment features a huge Living Room & 2 generously sized Bedrooms, creating a comfortable & inviting living space. Newer Kitchen with Hardwood laminate floors & Pantry. Full bath includes Tub with classic subway tile surround & convenient linen closet. Front 1st-floor apartment is a 1 Bedroom with an open-concept layout. Its spacious Living area features a Bay Window & casual dining area which opens to the Kitchen. There's plenty of cabinet & counterspace & easy access to the shared Laundry area. The last apartment is located on the 1st floor in the back. It features a Living Room, galley style Kitchen & 1 Bedroom with attractive Hardwood laminate flooring in the hall & bath. Tucked in the rear of the property is a Storage Shed & parking for 4 vehicles. With its combination of location, age, condition & income potential, this property offers a unique opportunity in today's market.

Key Facts

City/Town
Danbury
Neighborhood
N/A
Property / Style
Multi-Family · Other
Year Built
1983
Days on Market
10 days
Beds
4
Baths
3 full
Living Area
2,496 sq ft
Lot Size
0.13 acres
Garage / Parking
4 total
Property Taxes
$8,783 / 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

$600,000

vs $897,450 median

33.1% below median

Price / Sq Ft

$240

vs $337 median

28.8% below median

Days on Market

10 days

vs 15 days median

5 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

31 Cleveland Street, Danbury, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,991

per month

  • Principal & Interest$3,059
  • Property Taxes$732
  • Insurance$200
  • HOA$0

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

Location

City/Town
Danbury
Neighborhood
N/A
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Other
Year Built
1983
New Construction
No/Resale
Living Area
2,496 sq ft

Schools

Elementary
Ellsworth
High
Danbury

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
None
Laundry
Common Laundry Area
Laundry Location
Side Door
Basement
None

Exterior & Lot

Lot Size
0.13 acres
Zoning
R3
Garage / Parking
4 total parking spacesPavedOff Street Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
ConcreteSlab
Exterior Features
SidewalkShedLighting
Lot Description
Level Lot

Listing & Financials

Property Taxes
$8,783 / Annually
Days on Market
10
MLS #
24190907
MLS Status
Under Contract

Similar Properties

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

Listed By

Peter Testa

(203) 442-3873

Kiwi Homes

(203) 648-6648

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.