70 Bank Street
Derby, Connecticut 06418
- Beds
- 4
- Baths
- 2
- SqFt
- 2,312
- Acres
- 0.07
- Year Built
- 1889
- Property Type
- 2 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
Value-add opportunity just off Route 34 in Derby. This two-family home offers 2,312 sq ft of living space with four bedrooms and two full baths in total, plus a covered front porch. The first-floor unit is vacant, giving an owner-occupant or investor the chance to start renovations right away, while the second-floor unit is currently tenant-occupied. The home is ready for updates throughout and is priced accordingly, making it a strong candidate for a renovation plan aimed at increasing rental income and long-term value. City water, city sewer and natural gas provide a solid foundation for future improvements. Close to Route 8 with convenient access to New Haven and Fairfield, plus nearby shopping, dining and commuter routes. Live in one unit and rent the other, or renovate both and hold as an investment. Bring your vision to this Derby two-family. Second-floor unit is tenant-occupied; please do not disturb the tenant. Showings by appointment only. Buyer and buyer's agent to verify all information.
Key Facts
- City/Town
- Derby
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1889
- Days on Market
- 0 days
- Beds
- 4
- Baths
- 2 full
- Living Area
- 2,312 sq ft
- Lot Size
- 0.07 acres
- Property Taxes
- $7,930 / Annually
Market Snapshot
The Derby Market
Multi-Family · trailing 12 months
Active Listings
8
9 under contract
Median List Price
$392,400
8 active listings
Median Closed Price
$487,000
28 sales
Median Days on Market
39
8 active listings
Median $ / Sq Ft
$186
8 active listings
Sale-to-List Ratio
100.1%
28 sales
How this home compares
List Price
$349,900
vs $392,400 median
10.8% below median
Price / Sq Ft
$151
vs $186 median
18.8% below median
Days on Market
0 days
vs 39 days median
39 days fresher than median
Based on 8 active and 28 closed sales (trailing 12 mo) of multi-family in Derby. Source: SmartMLS · As of September 29, 2026.
Location
70 Bank Street, Derby, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 24, 2026per month
- Principal & Interest$1,868
- Property Taxes$661
- Insurance$117
- 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
- 1889
- New Construction
- No/Resale
- Living Area
- 2,312 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Derby
Interior
- Heating
- Hot Water
- Heat Fuel
- Natural Gas
- Cooling
- None
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.07 acres
- Zoning
- P
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Asbestos
- Color
- white
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Exterior Features
- Porch
- Lot Description
- Sloping Lot
Listing & Financials
- Property Taxes
- $7,930 / Annually
- Days on Market
- 0
- MLS #
- 24196214
- MLS Status
- Active
Similar Properties
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Co-Listed By
Keenan Carey
Carey & Guarrera Real Estate
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/29/2026. 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 9/29/2026 at 11:25 PM UTC.