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63 Minerva Street

Derby, Connecticut 06418

ACTIVE - NEW$360,000
Beds
4
Baths
2
SqFt
1,920
Acres
0.10
Year Built
1850
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Prime investment opportunity in Derby! 2 spacious apartments consisting of two 2 bedrooms & 1 full bath each. First floor has been updated with luxury vinyl, second floor showcases beautiful refinished hardwoods floors. Each unit has their own seperate laundry hookups. There is a 3rd floor attic accessed from outside. Check with the town to make it a possible 3 family! Located minutes from Route 34, train station, shopping & an inviting revitalized downtown, these units will rent fast. Solid structure, a profitable cash flow, great location and off street parking! ***house had some frozen pipes during the winter. Plumber came in and gave us a. cost of $24,000 to repair. Being sold as is. Cash offers or rehab loan. ***Previous deal fell apart because buyer was layed off and could not obtain financing.

Key Facts

City/Town
Derby
Neighborhood
Downtown
Property / Style
Multi-Family · Units on different Floors
Year Built
1850
Days on Market
0 days
Beds
4
Baths
2 full
Living Area
1,920 sq ft
Lot Size
0.10 acres
Garage / Parking
6 total
Property Taxes
$9,046 / Annually

Market Snapshot

The Derby Market

Multi-Family · trailing 12 months

Median Days on Market

19

5 active listings

Median $ / Sq Ft

$189

5 active listings

Sale-to-List Ratio

100.0%

26 sales

How this home compares

List Price

$360,000

vs $429,000 median

16.1% below median

Price / Sq Ft

$188

vs $189 median

In line with median

Days on Market

0 days

vs 19 days median

19 days fresher than median

Based on 5 active and 26 closed sales (trailing 12 mo) of multi-family in Derby. Source: SmartMLS · As of September 8, 2026.

Location

63 Minerva Street, Derby, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,734

per month

  • Principal & Interest$1,860
  • Property Taxes$754
  • Insurance$120
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Derby
Neighborhood
Downtown
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1850
New Construction
No/Resale
Living Area
1,920 sq ft

Schools

Elementary
Per Board of Ed
High
Derby

Interior

Heating
Baseboard
Heat Fuel
Natural Gas
Cooling
None
Laundry
All Units Have Hook-Ups
Laundry Location
In units
Basement
FullFull With Hatchway

Exterior & Lot

Lot Size
0.10 acres
Zoning
CDD
Garage / Parking
6 total parking spacesOff Street ParkingDrivewayPrivate
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
Beige
Roof
Asphalt Shingle
Foundation
ConcreteStone
Exterior Features
SidewalkPorchDeckCovered Deck
Lot Description
City ViewsLevel Lot

Listing & Financials

Property Taxes
$9,046 / Annually
Days on Market
0
MLS #
24205298
MLS Status
Active

Similar Properties

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Listed By

Linda Conchado

(203) 980-0549

Century 21 AllPoints Realty

(203) 265-1931

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 9/8/2026. 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 9/8/2026 at 8:55 PM UTC.