173 Arch Street
Hamden, Connecticut 06514
- Beds
- 5
- Baths
- 4
- SqFt
- 3,125
- Acres
- 0.16
- Year Built
- 1925
- Neighborhood
- Highwood
- Property Type
- 4 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
Incredible Opportunity! 173 Arch Street combines a street-level commercial space with three residential apartments, and additional rental income space with a converted attic apartment. The commercial unit was designed for a restaurant, but a new owner/operator can easily adapt it for another business. The building sits in a high-visibility spot near Yale, Albertus Magnus College and Southern Connecticut State University, which brings steady traffic and a deep pool of renters. The residential rental opportunities include: 2-Bedroom/1 Bath Apartment (Main Floor) 1-Bedroom/1 Bath Apartment (2nd Floor, 2 Separate Units) 1-Bedroom/1 Bath Attic Apartment All Units are currently rented with leases requiring tenants to pay utility costs. The property has a new roof (2023) and upgraded electrical with a 5-gang meter panel. There's ample off-street parking for commercial and residential tenants. This property is an excellent addition to your property portfolio - or a great way to get started in earning rental income. Schedule your showing today! Pictures coming 9/25
Key Facts
- City/Town
- Hamden
- Neighborhood
- Highwood
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1925
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 4 full
- Living Area
- 3,125 sq ft
- Lot Size
- 0.16 acres
- Property Taxes
- $12,804 / Annually
Market Snapshot
The Hamden Market
Multi-Family · trailing 12 months
Active Listings
11
7 under contract
Median List Price
$519,900
11 active listings
Median Closed Price
$500,650
34 sales
Median Days on Market
40
11 active listings
Median $ / Sq Ft
$183
11 active listings
Sale-to-List Ratio
100.0%
34 sales
How this home compares
List Price
$610,000
vs $519,900 median
17.3% above median
Price / Sq Ft
$195
vs $183 median
6.6% above median
Days on Market
0 days
vs 40 days median
40 days fresher than median
Based on 11 active and 34 closed sales (trailing 12 mo) of multi-family in Hamden. Source: SmartMLS · As of September 23, 2026.
Location
173 Arch Street, Hamden, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 17, 2026per month
- Principal & Interest$3,230
- Property Taxes$1,067
- Insurance$203
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Hamden
- Neighborhood
- Highwood
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- Units on different Floors
- Year Built
- 1925
- New Construction
- No/Resale
- Living Area
- 3,125 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Wall Unit
- Basement
- Partial
Exterior & Lot
- Lot Size
- 0.16 acres
- Zoning
- T4
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl SidingWood
- Roof
- Asphalt Shingle
- Foundation
- ConcreteSlab
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $12,804 / Annually
- Days on Market
- 0
- MLS #
- 24208873
- MLS Status
- Coming Soon
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/23/2026. 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 9/23/2026 at 4:55 AM UTC.