168 Derby Avenue
Derby, Connecticut 06418
- Beds
- 7
- Baths
- 2
- SqFt
- 2,288
- Acres
- 0.11
- Year Built
- 1880
- Property Type
- 2 Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
The strongest multifamily opportunities give buyers options-and 168 Derby Avenue delivers them from day one. Fully vacant and thoughtfully refreshed, this two-family offers a spacious four-bedroom first-floor residence and a three-bedroom second-floor residence, creating an ideal setup for an owner-occupant, investor or extended household. Bright interiors, updated kitchens and clean, comfortable living spaces allow the next owner to move forward without taking on another renovation project. The first floor features forced-air gas heat, while the second floor is heated by electricity. Laundry hookups are conveniently located in the shared rear hallway. With projected rents of approximately $2,400-$2,500 for the first floor and $2,100-$2,300 for the second, the property offers compelling income potential, subject to buyer verification. River views add a sense of openness rarely found in a multifamily setting, while quick access to Route 8 keeps commuting throughout the Derby-Shelton corridor simple. Seven bedrooms, two vacant units and the freedom to establish your own vision-168 Derby Avenue is ready for what comes next.
Key Facts
- City/Town
- Derby
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1880
- Days on Market
- 0 days
- Beds
- 7
- Baths
- 2 full
- Living Area
- 2,288 sq ft
- Lot Size
- 0.11 acres
- Property Taxes
- $7,001 / Annually
Market Snapshot
The Derby Market
Multi-Family · trailing 12 months
Active Listings
5
8 under contract
Median List Price
$434,900
5 active listings
Median Closed Price
$489,000
25 sales
Median Days on Market
84
5 active listings
Median $ / Sq Ft
$192
5 active listings
Sale-to-List Ratio
100.0%
25 sales
How this home compares
List Price
$425,000
vs $434,900 median
In line with median
Price / Sq Ft
$186
vs $192 median
In line with median
Days on Market
0 days
vs 84 days median
84 days fresher than median
Based on 5 active and 25 closed sales (trailing 12 mo) of multi-family in Derby. Source: SmartMLS · As of August 4, 2026.
Location
168 Derby Avenue, Derby, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 30, 2026per month
- Principal & Interest$2,185
- Property Taxes$583
- Insurance$142
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Derby
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 2,288 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- BaseboardHot Air
- Heat Fuel
- ElectricNatural Gas
- Cooling
- Ceiling Fans
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.11 acres
- Zoning
- R-5
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Brick
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $7,001 / Annually
- Days on Market
- 0
- MLS #
- 24196419
- MLS Status
- Active
- Financing
- FHA,VA,CHFA
Similar Properties
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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 8/4/2026. 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 8/4/2026 at 9:26 PM UTC.