Backup offers
$7,719 Closing Credit¹
#24072841, Tyler DeVecchis, Listing office: Century 21 AllPoints Realty
#24104436·
Listing office: Alpha Capital Realty, LLC·
Listing agent: Aharon Cowen·
Listing office phone: (203) 347-4247
$599,000 List price
122 Derby Ave New Haven, CT 06511
$7,113
Closing credit¹
7 beds
5 full
3,434 sqft
0.5 acres
$174 / sqft
Multi-Family
Property details
About 122 Derby Ave
Discover 122 Derby Avenue, a classic five-unit multi-family in New Haven's West River neighborhood. The unit mix includes two 2-bedrooms, two 1-bedrooms, and one large studio-ideal for a range of tenant types. Two units are currently leased and three are empty, making it a great opportunity for investors or owner-occupiers looking to generate strong rental income. The property includes a full unfinished basement with room for updates or value-add improvements. Just minutes from Yale University, downtown New Haven, and major highways, the location offers high rental demand and strong tenant appeal. Once fully leased, the building is projected to operate at a conservative 9% cap. Schedule your showing today.
Highlights
Home typeMulti Family
HeatingBaseboard, Forced Air, Radiant
StatusActive
Size3,434 sqft
BasementYes
Lot size0.46 Acres
Year built1900
ParkingNone, Off Street Parking
MLS #24104436
Summary
- Full Bathrooms: 5
- Basement: Yes
- Total Bedroom Count: 7
- Attached Garage: No
- Private Pool: No
- Parking: None, Off Street Parking
- Exterior: Porch-Enclosed, Porch
- Heating: Baseboard, Forced Air, Radiant
- Cooling: None
- List Price: $599,000
- Price/SqFt: $174
- Annual Tax Amount: $8,716
- Tax Year: 2024
- Lot: Level
- Directions: GPS
- Year Built: 1900
- Living Area: 3,434 SqFt
- Lot Size: 0.46 Acres
- MLS Number: 24104436
- Office Name: Alpha Capital Realty, LLC
- Office Phone: (203) 347-4247
- Office Email: aron@alphacapitalrealty.com
- Listing Agent: Aharon Cowen
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/25/2025, 9:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,000
122 Derby Ave
$7,113
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 17, 2012 | Home Sold | $111,400 |
| Aug 25, 2005 | Home Sold | $250,000 |
| Aug 16, 2005 | Home Sold | $250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $226,380 | $8,716 |
| 2023 | $226,380 | $8,421 |
| 2022 | $226,380 | $8,999 |
| 2021 | $219,730 | $9,642 |
| 2020 | $219,730 | $9,642 |
| 2019 | $219,730 | $9,444 |
History based on county public records data.
Nearby schools
6
Forest Elementary School
Public District KG-4
1.3 mi
•95 Burwell Rd
5
Barack H. Obama Magnet University School
Public Magnet PK-4
1.4 mi
•69 Farnham Ave
5
May V. Carrigan Intermediate School
Public District 5-6
1.7 mi
•2 Tetlow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,110. The most common annual income of people living in New Haven, CT is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
46%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
32%
Single, with Kids
9%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Continuing Education Courses
Where do the neighbors shop?
Burlington
Forever 21
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Qdoba
What do the neighbors drive?
Dodge
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 122 Derby Ave
The listing price of 122 Derby Ave property is $599,000.
The property 122 Derby Ave is a multi located in New Haven, Connecticut, 06511.
Active Listing: 122 Derby Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 122 Derby Ave are: Forest Elementary School (GreatSchools Rating 6/10), Barack H. Obama Magnet University School (GreatSchools Rating 5/10), May V. Carrigan Intermediate School (GreatSchools Rating 5/10), Barnard Environmental Studies School (GreatSchools Rating 2/10), Augusta Lewis Troup School (GreatSchools Rating 3/10), Edgewood Magnet School (GreatSchools Rating 3/10), Hill Regional Career High School (GreatSchools Rating 2/10), Amistad Academy (GreatSchools Rating 4/10), James Hillhouse High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $8,716 (source: MLS/based on county public records data).
The last sale was on August 17, 2012 for $111,400 (source: MLS/tax record).
The property 122 Derby Ave is 3,434 SqFt (source: MLS/tax record).
The year of construction for 122 Derby Ave is 1900.
This home is located at 122 Derby Ave in New Haven, CT and zip code 06511 in the West River neighborhood. This 3,434 square foot home, which was built in 1900, sits on a 0.46 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $599,000.
In May 2025 more than 41 listings in New Haven, CT were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 24 were sold below. Between April and May 2025, New Haven, CT real estate market has seen decrease in the number of listings by 2.4%.
From Rocket Homes Real Estate and based on county public records data.