271 Sherman Avenue
New Haven, Connecticut 06511
Reduced from $908,000
- Beds
- 7
- Baths
- 5
- SqFt
- 4,055
- Acres
- 0.11
- Year Built
- 1900
- Property Type
- 5+ 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
Turnkey ready. New roof and every unit has custom kitchens with stone counter tops,new bathrooms with tiled walls, hardwood and tile for all flooring,new Windows, mechanicals, updated electric and plumbing. Nothing to invest in upgrades or repairs. Just collect rent from stabilized occupancy leased tenants. The unit mix-four 1-bedroom apartments and one large 3-bedroom apartment-is highly favorable for the Dwight neighborhood. Large 3-bedroom layouts are highly sought after by groups of medical university scholars or hospital staff looking to split rent, while 1-bedroom units maintain the lowest historical vacancy and highest rent-per-square-foot ratios in the New Haven rental market
Key Facts
- City/Town
- New Haven
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1900
- Days on Market
- 57 days
- Beds
- 7
- Baths
- 5 full
- Living Area
- 4,055 sq ft
- Lot Size
- 0.11 acres
- Garage / Parking
- 1 garage · 1 total
- Property Taxes
- $10,563 / Annually
Market Snapshot
The New Haven Market
Multi-Family · trailing 12 months
Active Listings
69
50 under contract
Median List Price
$599,000
69 active listings
Median Closed Price
$494,250
312 sales
Median Days on Market
57
69 active listings
Median $ / Sq Ft
$211
69 active listings
Sale-to-List Ratio
100.2%
312 sales
How this home compares
List Price
$891,999
vs $599,000 median
48.9% above median
Price / Sq Ft
$220
vs $211 median
In line with median
Days on Market
57 days
vs 57 days median
In line with median
Based on 69 active and 312 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of October 10, 2026.
Location
271 Sherman Avenue, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 8, 2026per month
- Principal & Interest$4,941
- Property Taxes$880
- Insurance$297
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Haven
- Neighborhood
- N/A
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 5 Family+
- Style
- Units on different Floors
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 4,055 sq ft
Schools
- Elementary
- Barnard
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Gas on GasHot Air
- Heat Fuel
- Gas In Street
- Cooling
- None
- Laundry
- Hook-Up In Unit 4
- Laundry Location
- in unit
- Basement
- FullUnfinishedFull With Hatchway
Exterior & Lot
- Lot Size
- 0.11 acres
- Zoning
- RM2
- Garage / Parking
- 1 garage space1 total parking spaceDetached GarageDrivewayPrivate
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Vinyl Siding
- Color
- Blue
- Roof
- Asphalt Shingle
- Foundation
- MasonryStone
- Exterior Features
- Porch-Wrap AroundBalconySidewalkBreezewayPorchDeckGuttersLightingCovered Deck
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $10,563 / Annually
- Days on Market
- 57
- MLS #
- 24199180
- MLS Status
- Active
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 10/10/2026. 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 10/10/2026 at 2:56 AM UTC.