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213 Ely Avenue

Norwalk, Connecticut 06854

ACTIVE - NEW$2,800,000
Beds
13
Baths
6
SqFt
6,388
Acres
0.41
Year Built
1911
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

RARE SIX-UNIT INVESTMENT OPPORTUNITY IN NORWALK! This exceptional income-producing property features two separate residential buildings with a total of six units, offering strong rental potential, operational flexibility, and long-term upside. The front building is a classic four-family property dating back to the 1910s, while the rear building offers two additional residential units. The property features a desirable mix of one-, two-, and three-bedroom apartments, appealing to a broad range of tenants. Numerous recent improvements make this property an attractive investment, including a new roof, newer hot water heaters, new A/C units, fully renovated apartments, new driveway, and low-maintenance vinyl siding, stone, and stucco exterior. Additional amenities include natural gas, central air conditioning, basement and attic storage, and laundry facilities. Whether you're an experienced investor looking to expand your portfolio, completing a 1031 exchange, or an owner-occupant looking to live in one unit while generating rental income from the others, this property offers exceptional flexibility and value. Six units, two buildings, significant improvements, and multiple income opportunities-an uncommon investment opportunity in the Norwalk market.

Key Facts

City/Town
Norwalk
Neighborhood
South Norwalk
Property / Style
Multi-Family · Units on different Floors
Year Built
1911
Days on Market
0 days
Beds
13
Baths
6 full
Living Area
6,388 sq ft
Lot Size
0.41 acres
Garage / Parking
17 total
Property Taxes
$21,528 / Annually

Market Snapshot

The Norwalk Market

Multi-Family · trailing 12 months

View area

Median Days on Market

50

8 active listings

Median $ / Sq Ft

$387

8 active listings

Sale-to-List Ratio

100.0%

47 sales

How this home compares

List Price

$2.80M

vs $992,000 median

2.8× the median

Price / Sq Ft

$438

vs $387 median

13.2% above median

Days on Market

0 days

vs 50 days median

50 days fresher than median

Based on 8 active and 47 closed sales (trailing 12 mo) of multi-family in Norwalk. Source: SmartMLS · As of September 12, 2026.

Location

213 Ely Avenue, Norwalk, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$17,270

per month

  • Principal & Interest$14,543
  • Property Taxes$1,794
  • Insurance$933
  • HOA$0

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

Location

City/Town
Norwalk
Neighborhood
South Norwalk
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Units on different Floors
Year Built
1911
New Construction
No/Resale
Living Area
6,388 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
Central Air
Basement
None

Exterior & Lot

Lot Size
0.41 acres
Zoning
C
Garage / Parking
17 total parking spacesPavedParking LotAssigned Parking
Waterfront Details
Beach Rights
Water Source
Public Water ConnectedPublic Water In Street
Sewer
Public Sewer ConnectedPublic Sewer In Street
Construction
Vinyl SidingStoneStucco
Color
Grey
Roof
Fiberglass Shingle
Foundation
Stone
Lot Description
City Views

Listing & Financials

Property Taxes
$21,528 / Annually
Days on Market
0
MLS #
24206240
MLS Status
Active

Similar Properties

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Listed By

Franki Delgado

(203) 515-5776

Keller Williams Prestige Prop.

(203) 327-6700

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/12/2026. 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 9/12/2026 at 5:05 PM UTC.