28 Cedar Street
New Haven, Connecticut 06519
- Beds
- 5
- Baths
- 3
- SqFt
- 3,089
- Acres
- 0.07
- Year Built
- 1900
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Excellent investment opportunity near Long Wharf in New Haven. This three-unit multifamily is 100% occupied, offering immediate in-place income for the next owner. The first and second floors each feature spacious 2-bedroom, 1-bath units (roughly 1,100 SF each), while the third floor offers a 1-bedroom, 1-bath apartment (roughly 890 SF). Separate and tenant-paid utilities help keep operating expenses low. Additional amenities include laundry and off-street parking for three vehicles. Situated on a corner lot, the property offers convenient access to Long Wharf, Downtown New Haven, major highways, shopping, dining, and area employment centers. A solid opportunity for investors looking to add a fully occupied, income-producing multifamily asset to their portfolio.
Key Facts
- City/Town
- New Haven
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1900
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 3,089 sq ft
- Lot Size
- 0.07 acres
- Garage / Parking
- 3 total
- Property Taxes
- $7,287 / Annually
Market Snapshot
The New Haven Market
Multi-Family · trailing 12 months
Active Listings
73
58 under contract
Median List Price
$560,000
73 active listings
Median Closed Price
$480,000
297 sales
Median Days on Market
39
73 active listings
Median $ / Sq Ft
$198
73 active listings
Sale-to-List Ratio
100.1%
297 sales
How this home compares
List Price
$430,000
vs $560,000 median
23.2% below median
Price / Sq Ft
$139
vs $198 median
29.8% below median
Days on Market
0 days
vs 39 days median
39 days fresher than median
Based on 73 active and 297 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of August 22, 2026.
Location
28 Cedar Street, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 20, 2026per month
- Principal & Interest$2,208
- Property Taxes$607
- Insurance$143
- 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
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 3,089 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- BaseboardHot Air
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.07 acres
- Zoning
- RM2
- Garage / Parking
- 3 total parking spacesPavedOff Street Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Asbestos
- Color
- gray
- Roof
- Asphalt Shingle
- Foundation
- BrickMasonry
- Exterior Features
- SidewalkPorchGuttersLighting
- Lot Description
- Corner LotLevel Lot
Listing & Financials
- Property Taxes
- $7,287 / Annually
- Days on Market
- 0
- MLS #
- 24201209
- 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 8/22/2026. 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 8/22/2026 at 6:50 PM UTC.