121 Orchard Street
New Haven, Connecticut 06519
- Beds
- 8
- Baths
- 4
- SqFt
- 3,480
- Acres
- 0.09
- Year Built
- 1918
- Property Type
- 4 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Investment opportunity in New Haven's Hill neighborhood, just blocks from Yale New Haven Hospital. This 3,480 sq ft four-family offers four 2-bedroom units, including two recently renovated units featuring wood-look vinyl plank flooring, tiled kitchens, and oak cabinets with tile backsplash. High ceilings fill the units with natural light, creating a bright, sunny feel throughout. Each unit has its own porch, and the property includes a fenced backyard. Tenants pay utilities. One unit is currently vacant and available for showings, with a second unit expected to be vacant by year end, offering the flexibility to set new rents or owner-occupy. Two long-term tenants provide steady income.
Key Facts
- City/Town
- New Haven
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1918
- Days on Market
- 1 day
- Beds
- 8
- Baths
- 4 full
- Living Area
- 3,480 sq ft
- Lot Size
- 0.09 acres
- Property Taxes
- $8,621 / Annually
Market Snapshot
The New Haven Market
Multi-Family · trailing 12 months
Active Listings
70
54 under contract
Median List Price
$622,000
70 active listings
Median Closed Price
$500,000
296 sales
Median Days on Market
54
70 active listings
Median $ / Sq Ft
$212
70 active listings
Sale-to-List Ratio
100.2%
296 sales
How this home compares
List Price
$649,000
vs $622,000 median
In line with median
Price / Sq Ft
$186
vs $212 median
12.3% below median
Days on Market
1 day
vs 54 days median
53 days fresher than median
Based on 70 active and 296 closed sales (trailing 12 mo) of multi-family in New Haven. Source: SmartMLS · As of November 14, 2026.
Location
121 Orchard Street, New Haven, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Nov 12, 2026per month
- Principal & Interest$3,493
- Property Taxes$718
- Insurance$216
- 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
- Quadruplex
- Style
- Units on different Floors
- Year Built
- 1918
- New Construction
- No/Resale
- Living Area
- 3,480 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Gas In Street
- Cooling
- None
- Laundry
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.09 acres
- Zoning
- RM2
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Asbestos
- Roof
- Flat
- Foundation
- Concrete
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $8,621 / Annually
- Days on Market
- 1
- MLS #
- 24221198
- 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 11/14/2026. 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 11/14/2026 at 4:45 AM UTC.