Skip to main content

168 Derby Avenue

Derby, Connecticut 06418

ACTIVE - NEW$425,000
Beds
7
Baths
2
SqFt
2,288
Acres
0.11
Year Built
1880
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

Call Matt

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

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

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,910

per 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

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

Listed By

Mustafa Muaremi

(860) 877-4682

Coldwell Banker Realty

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.