878 highland Avenue
Waterbury, Connecticut 06708
- Beds
- 5
- Baths
- 3
- SqFt
- 4,016
- Acres
- 0.19
- Year Built
- 1919
- Neighborhood
- Town Plot
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
3-Family Property - Investment Opportunity This maintained three-family property offers an excellent opportunity for an owner-occupant or investor. Each unit features separate utilities, its own hot water heater and furnace, and washer/dryer hookups, providing convenience for tenants and easier management for the owner. The first- and second-floor units offer tile flooring in the kitchen and bathroom, with hardwood/laminate flooring throughout the living room, dining room, and bedrooms. The third-floor unit features tile flooring in the kitchen and bathroom, an eat-in kitchen, living room, bedroom, and an additional room that can be used as an office, den, or extra living space. With three separate units, individual utilities, and updated interiors, this property offers flexibility for an owner looking to live in one unit while generating rental income from the others, or for an investor looking to add a multi-family property to their portfolio.
Key Facts
- City/Town
- Waterbury
- Neighborhood
- Town Plot
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1919
- Days on Market
- 0 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 4,016 sq ft
- Lot Size
- 0.19 acres
- Garage / Parking
- 2 garage · 5 total
- Property Taxes
- $7,185 / Annually
Market Snapshot
The Waterbury Market
Multi-Family · trailing 12 months
Active Listings
56
37 under contract
Median List Price
$487,000
56 active listings
Median Closed Price
$415,000
190 sales
Median Days on Market
35
56 active listings
Median $ / Sq Ft
$168
56 active listings
Sale-to-List Ratio
100.0%
190 sales
How this home compares
List Price
$500,000
vs $487,000 median
In line with median
Price / Sq Ft
$125
vs $168 median
25.6% below median
Days on Market
0 days
vs 35 days median
35 days fresher than median
Based on 56 active and 190 closed sales (trailing 12 mo) of multi-family in Waterbury. Source: SmartMLS · As of October 8, 2026.
Location
878 highland Avenue, Waterbury, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 1, 2026per month
- Principal & Interest$2,737
- Property Taxes$599
- Insurance$167
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Waterbury
- Neighborhood
- Town Plot
- County
- New Haven
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1919
- New Construction
- No/Resale
- Living Area
- 4,016 sq ft
- Below Grade
- 1,126 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- BaseboardGas on Gas
- Heat Fuel
- Gas In Street
- Cooling
- Window Unit
- Laundry
- All Units Have Hook-Ups
- Basement
- Partial
Exterior & Lot
- Lot Size
- 0.19 acres
- Zoning
- Residential
- Garage / Parking
- 2 garage spaces5 total parking spacesDetached GarageOn Street ParkingOff Street ParkingDrivewayPaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Shingle
- Color
- blue
- Roof
- Asphalt Shingle
- Foundation
- ConcreteStone
- Exterior Features
- PorchDeck
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $7,185 / Annually
- Days on Market
- 0
- MLS #
- 24210068
- MLS Status
- Active
- Financing
- FHA,VA,CHFA,Renovation
Similar Properties
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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 10/8/2026. 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 10/8/2026 at 12:50 AM UTC.