506 Old Stratfield Road
Fairfield, Connecticut 06825
- Beds
- 3
- Baths
- 1 | 1
- SqFt
- 1,352
- Acres
- 0.15
- Year Built
- 1924
- Neighborhood
- Tunxis Hill
- Property Type
- Multi-Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
This is a unique property listed under the category as a Neighborhood designated commercial district, meaning it is a multi use property, commercial can reside on bottom, must conform to the neighborhood such as bakery, yoga studio, office, salon, deli, this bottom commercial has required 7 parking spaces. PLEASE NOTE ALTHOUGH YOU CAN RENT UP AND DOWN THIS IS NOT DIVIDED INTO A 2 FAMILY, UPSTAIRS HAS BEEN RENTED AND ANOTHER SALON DOWNSTAIRS. THIS IS CROSS POSTED AND HS THE POTENTIAL TO ADD ON OR RENOVATE. The upper floor could be turned into "residential apartment" for solid income also has 2 parking spaces to conform if needed, or rented out as it currently has been to another business. Endless options. The original owners are still operating a salon and have now emptied the upper level which was also a beauty business. Willing to transfer all items or remove prior to sale. High visibility corner with operation hope coming soon bringing more foot traffic to the area. Do not miss the opportunity to own a property in fairfield especially with these options. Buyer to due diligence on how many apartments (floors) you can build. Brand new water heater installed 2026. Bring your vision and create your future investment .
Key Facts
- City/Town
- Fairfield
- Neighborhood
- Tunxis Hill
- Property / Style
- Multi-Family · Other
- Year Built
- 1924
- Days on Market
- 0 days
- Beds
- 3
- Baths
- 1 full · 1 half
- Living Area
- 1,352 sq ft
- Lot Size
- 0.15 acres
- Garage / Parking
- 9 total
- Property Taxes
- $8,354 / Annually
Market Snapshot
The Fairfield Market
Multi-Family · trailing 12 months
Active Listings
3
2 under contract
Median List Price
$725,000
3 active listings
Median Closed Price
$739,944
20 sales
Median Days on Market
119
3 active listings
Median $ / Sq Ft
$477
3 active listings
Sale-to-List Ratio
100.0%
20 sales
How this home compares
List Price
$645,000
vs $725,000 median
11.0% below median
Price / Sq Ft
$477
vs $477 median
In line with median
Days on Market
0 days
vs 119 days median
119 days fresher than median
Based on 3 active and 20 closed sales (trailing 12 mo) of multi-family in Fairfield. Source: SmartMLS · As of September 24, 2026.
Location
506 Old Stratfield Road, Fairfield, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 24, 2026per month
- Principal & Interest$3,443
- Property Taxes$696
- Insurance$215
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Fairfield
- Neighborhood
- Tunxis Hill
- County
- Fairfield
Residence
- Property Type
- Multi-Family
- Subtype
- Other
- Style
- Other
- Year Built
- 1924
- New Construction
- No/Resale
- Living Area
- 1,352 sq ft
Schools
- Elementary
- McKinley
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Oil
- Cooling
- Central Air
- Laundry
- Basement Hook-Up(s)
- Laundry Location
- basement
- Basement
- FullUnfinishedStorageInterior Access
- Accessibility
- Handicap Parking,Ramps
Exterior & Lot
- Lot Size
- 0.15 acres
- Zoning
- NDBD
- Garage / Parking
- 9 total parking spacesPavedOff 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
- Concrete
- Exterior Features
- SidewalkGutters
- Lot Description
- City Views
Listing & Financials
- Property Taxes
- $8,354 / Annually
- Days on Market
- 0
- MLS #
- 24208896
- MLS Status
- Active
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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 9/24/2026. 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 9/24/2026 at 7:11 PM UTC.