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52 Terrace Street

New Haven, Connecticut 06512

ACTIVE - NEW$499,900
Beds
4
Baths
2
SqFt
1,844
Acres
0.12
Year Built
1900
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Opportunity meets flexibility in this well-maintained two-unit home! Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers options for both homeowners and investors alike. With one unit becoming vacant and the other occupied by a month-to-month tenant, the possibilities are especially appealing for those seeking an owner-occupied investment or future rental flexibility. Both units feature spacious living areas, comfortable bedrooms, and functional kitchens, while newer vinyl siding adds curb appeal and helps minimize exterior maintenance. Additional highlights include central air, separate utilities for each unit, natural gas, and public water/sewer. Conveniently located near shopping, dining, public transportation, and major commuter routes, this property offers everyday accessibility and strong potential for continued rental demand. This is one you won't want to overlook!

Key Facts

City/Town
New Haven
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1900
Days on Market
0 days
Beds
4
Baths
2 full
Living Area
1,844 sq ft
Lot Size
0.12 acres
Property Taxes
$6,076 / Annually

Market Snapshot

The New Haven Market

Multi-Family · trailing 12 months

Median Days on Market

64

71 active listings

Median $ / Sq Ft

$211

71 active listings

Sale-to-List Ratio

100.2%

304 sales

How this home compares

List Price

$499,900

vs $599,900 median

16.7% below median

Price / Sq Ft

$271

vs $211 median

28.4% above median

Days on Market

0 days

vs 64 days median

64 days fresher than median

Based on 71 active and 304 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of October 27, 2026.

Location

52 Terrace Street, New Haven, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,420

per month

  • Principal & Interest$2,747
  • Property Taxes$506
  • Insurance$167
  • HOA$0

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

Location

City/Town
New Haven
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1900
New Construction
No/Resale
Living Area
1,844 sq ft

Schools

Elementary
Nathan Hale
Middle
Per Board of Ed
High
Wilbur Cross

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
Central Air
Laundry
Basement Hook-Up(s)
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.12 acres
Zoning
RM1
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Color
Sage
Roof
Asphalt Shingle
Foundation
BrickConcrete
Exterior Features
PorchGutters
Lot Description
Level Lot

Listing & Financials

Property Taxes
$6,076 / Annually
Days on Market
0
MLS #
24217380
MLS Status
Active

Similar Properties

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

Listed By

Sara Tufano

(203) 623-8402

Real Broker CT, LLC

(855) 450-0442

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

The IDX display contains information sourced from SmartMLS, Inc. as of 10/27/2026. 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 10/27/2026 at 9:55 PM UTC.