40 Mills Avenue
Milford, Connecticut 06460
- Beds
- 3
- Baths
- 2
- SqFt
- 1,622
- Acres
- 0.10
- Year Built
- 1956
- Property Type
- 2 Family

Matt Caiola
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About This Home
Coastal Investment Opportunity in Milford's Desirable Pond Point Beach Neighborhood! Rare opportunity to own a well-maintained side-by-side ranch duplex just a short walk to Pond Point Beach and the beautiful Long Island Sound-with no flood insurance required. Whether you're searching for an owner-occupied investment, multigenerational living, or a turnkey income property, this versatile duplex offers exceptional value in one of Milford's most desirable shoreline neighborhoods. The spacious 2-bedroom unit features hardwood floors, a bright living room with a wood-burning fireplace, an eat-in kitchen with pantry, a beautifully finished lower level providing additional living space, a private full basement, and an attached one-car garage. The 1-bedroom unit offers an oversized bedroom, updated full bath with granite-top vanity, bright living room, spacious eat-in kitchen with granite countertops, partial basement, central air conditioning, gas heat, and its own attached one-car garage. Recent improvements include a newer roof, newer windows and exterior doors, and meticulous maintenance throughout. Situated on a corner lot with ample off-street parking, this property combines low-maintenance ownership with outstanding curb appeal. Enjoy the best of Milford's coastal lifestyle with beaches, parks, restaurants, the Milford Green, train station, shopping, and major commuter routes all just minutes away.
Key Facts
- City/Town
- Milford
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units are Side-by-Side
- Year Built
- 1956
- Days on Market
- 0 days
- Beds
- 3
- Baths
- 2 full
- Living Area
- 1,622 sq ft
- Lot Size
- 0.10 acres
- Garage / Parking
- 2 garage · 4 total
- Property Taxes
- $6,501 / Annually
Market Snapshot
The Milford Market
Multi-Family · trailing 12 months
Active Listings
2
Milford inventory
Median List Price
$822,000
2 active listings
Median Closed Price
$731,100
15 sales
Median Days on Market
14
2 active listings
Median $ / Sq Ft
$250
2 active listings
Sale-to-List Ratio
97.3%
15 sales
How this home compares
List Price
$595,000
vs $822,000 median
27.6% below median
Price / Sq Ft
$367
vs $250 median
46.8% above median
Days on Market
0 days
vs 14 days median
14 days fresher than median
Based on 2 active and 15 closed sales (trailing 12 mo) of multi-family in Milford. Source: SmartMLS · As of July 28, 2026.
Location
40 Mills Avenue, Milford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$3,034
- Property Taxes$542
- Insurance$198
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Milford
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units are Side-by-Side
- Year Built
- 1956
- New Construction
- No/Resale
- Living Area
- 1,622 sq ft
- Below Grade
- 300 sq ft
Schools
- Elementary
- Calf Pen Meadow
- High
- Joseph A. Foran
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Central AirWindow Unit
- Fireplaces
- 1
- Laundry
- All Units Have Hook-Ups
- Laundry Location
- Unit 1 basementunit 2 main floor
- Basement
- FullPartially Finished
Exterior & Lot
- Lot Size
- 0.10 acres
- Zoning
- R5
- Garage / Parking
- 2 garage spaces4 total parking spacesAttached GaragePavedOff Street Parking
- Waterfront Details
- Walk to WaterBeach Rights
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Aluminum
- Color
- White
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Porch
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $6,501 / Annually
- Days on Market
- 0
- MLS #
- 24193961
- MLS Status
- Coming Soon
- Financing
- FHA,VA
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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 6:55 AM UTC.