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40 Mills Avenue

Milford, Connecticut 06460

COMING SOON - NEW$595,000
Beds
3
Baths
2
SqFt
1,622
Acres
0.10
Year Built
1956
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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2-Car Garage1 Fireplace

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

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

Property

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,774

per 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

Similar Properties

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Listed By

Jennifer Lynne

(203) 517-5023

Coldwell Banker Realty

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.