$6,401 Closing Credit¹
#24080034, Juan Osorio-Ramirez, Listing office: Alpha Capital Realty, LLC
#24093778·
Listing office: Vanguard Private Client Grp·
Listing agent: Natalie Zoef·
Listing office phone: (203) 887-2553
$525,000 List price
198 Exchange St New Haven, CT 06513
$6,234
Closing credit¹
8 beds
3 full
3,196 sqft
0.1 acres
$164 / sqft
Multi-Family
Property details
About 198 Exchange St
Don't Miss This Incredible Investment Opportunity! Perfect for owner-occupants or savvy investors, this beautifully updated three-family home is located in New Haven. Each unit offers spacious living with modern updates, making it ideal for steady rental income or multi-generational living. The roof and siding were replaced in 2023, ensuring peace of mind. With a strong tenant base already in place, this property is truly turn-key. Enjoy the convenience of being just minutes from Yale University, top-rated dining, shopping, and entertainment options. A must-see for anyone looking to invest in one of New Haven's most sought-after areas!
Highlights
Home typeMulti Family
HeatingForced Air
StatusAccepting Backup Offers
(Under Contract - Continue to Show)
(Under Contract - Continue to Show)
Size3,196 sqft
BasementYes
Lot size0.11 Acres
Year built1900
MLS #24093778
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 8
- Attached Garage: No
- Private Pool: No
- Parking: None
- Heating: Forced Air
- Cooling: None
- List Price: $525,000
- Price/SqFt: $164
- Annual Tax Amount: $8,697
- Tax Year: 2024
- Lot: Level
- Directions: Per GPS
- Year Built: 1900
- Living Area: 3,196 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 24093778
- Office Name: Vanguard Private Client Grp
- Office Phone: (203) 887-2553
- Office Email: n.zoef@vanguardpcg.com
- Listing Agent: Natalie Zoef
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: 6/26/2025, 3:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$525,000
198 Exchange St
$6,234
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 14, 2023 | Home Sold | $287,000 |
| Feb 14, 2023 | Home Sold | $255,000 |
| Oct 30, 2008 | Home Sold | $86,000 |
| May 24, 2006 | Home Sold | $285,000 |
| Feb 07, 2005 | Home Sold | $185,000 |
| Mar 17, 2004 | Home Sold | $169,000 |
| Mar 03, 2003 | Home Sold | $29,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $225,890 | $8,697 |
| 2023 | $198,940 | $7,401 |
| 2022 | $198,940 | $7,908 |
| 2021 | $118,440 | $5,197 |
| 2020 | $118,440 | $5,197 |
| 2019 | $118,440 | $5,091 |
History based on county public records data.
Nearby schools
4
Lincoln - Bassett Community School
Public District PK-6
2.4 mi
•130 Bassett St
8
Tuttle Elementary School
Public District KG-5
2.6 mi
•108 Prospect Rd
5
Ridge Hill School
Public District KG-6
2.7 mi
•120 Carew Rd
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 $55,263. Typical income of New Haven, CT residents is between $35k-100k annually. Most families are single, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
40%
35k-100k
13%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
35%
Single, with Kids
11%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
33%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Basketball
Continuing Education Courses
Where do the neighbors shop?
Burlington
Ross Dress For Less
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Jasons Deli
Qdoba
What do the neighbors drive?
Dodge
Acura
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 198 Exchange St
The listing price of 198 Exchange St property is $525,000.
The property 198 Exchange St is a multi located in New Haven, Connecticut, 06513.
Accepting Backup Offers: 198 Exchange St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 198 Exchange St are: Lincoln - Bassett Community School (GreatSchools Rating 4/10), Tuttle Elementary School (GreatSchools Rating 8/10), Ridge Hill School (GreatSchools Rating 5/10), Columbus Family Academy (GreatSchools Rating 3/10), Fair Haven School (GreatSchools Rating 3/10), John S. Martinez School (GreatSchools Rating 4/10), Elm City College Preparatory School (GreatSchools Rating 4/10), Metropolitan Business Academy (GreatSchools Rating 4/10), New Haven Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $8,697 (source: MLS/based on county public records data).
The last sale was on February 14, 2023 for $287,000 (source: MLS/tax record).
The property 198 Exchange St is 3,196 SqFt (source: MLS/tax record).
The year of construction for 198 Exchange St is 1900.
This home is located at 198 Exchange St in New Haven, CT and zip code 06513 in the Fair Haven neighborhood. This 3,196 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $525,000.
While more than 41 listings in New Haven, CT in May 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 24 were sold below. The inventory of homes for sale in New Haven, CT between April and May 2025 decreased by 2.4%.
From Rocket Homes Real Estate and based on county public records data.