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321 Olivia Street

Derby, Connecticut 06418

ACTIVE - NEW$600,000
Beds
4
Baths
2
SqFt
2,532
Acres
0.19
Year Built
1913
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Welcome to 321 Olivia Street! This spacious two-family property offers an excellent opportunity for investors or owner-occupants looking for additional rental income. Featuring two spacious units, a total of 4 bedrooms and 2 full bathrooms, this multifamily home offers comfortable layouts with plenty of living space. Conveniently located just minutes from Route 8, with easy access to shopping and restaurants along Pershing Drive and New Haven Avenue. Enjoy nearby parks, schools, public transportation, medical facilities, and all that the Derby area has to offer. The property also provides convenient access to neighboring Shelton, Ansonia, and surrounding towns. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, 321 Olivia Street is a great opportunity. Schedule your private showing today!

Key Facts

City/Town
Derby
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1913
Days on Market
0 days
Beds
4
Baths
2 full
Living Area
2,532 sq ft
Lot Size
0.19 acres
Property Taxes
$11,530 / Annually

Market Snapshot

The Derby Market

Multi-Family · trailing 12 months

Median Days on Market

39

7 active listings

Median $ / Sq Ft

$192

7 active listings

Sale-to-List Ratio

100.1%

28 sales

How this home compares

List Price

$600,000

vs $434,900 median

38.0% above median

Price / Sq Ft

$237

vs $192 median

23.4% above median

Days on Market

0 days

vs 39 days median

39 days fresher than median

Based on 7 active and 28 closed sales (trailing 12 mo) of multi-family in Derby. Source: SmartMLS · As of September 28, 2026.

Location

321 Olivia Street, Derby, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,364

per month

  • Principal & Interest$3,203
  • Property Taxes$961
  • Insurance$200
  • HOA$0

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

Location

City/Town
Derby
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1913
New Construction
No/Resale
Living Area
2,532 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
Central Air
Basement
FullUnfinishedWalk-out

Exterior & Lot

Lot Size
0.19 acres
Zoning
R-5
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
City ViewsLevel LotSloping Lot

Listing & Financials

Property Taxes
$11,530 / Annually
Days on Market
0
MLS #
24210399
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Minerva Vega Lozano

(917) 902-0350

Five Stars Realty

(860) 560-1500

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/28/2026. 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 9/28/2026 at 10:35 PM UTC.