#24104536, Ben Weinberg, Listing office: Oxford Realty
#24112928·
Listing office: Premier Re Group LLC·
Listing agent: Stanley Gutt·
Listing office phone: (860) 335-0681
$1,390,000 List price
478 Prospect Ave Hartford, CT 06105
16 beds
16 full
8,352 sqft
0.2 acres
$166 / sqft
Multi-Family
Property details
About 478 Prospect Ave
High-Yield Multi-Unit Investment on the West Hartford Line: Exceptional opportunity to acquire a well-maintained 12-unit brick building on 478 Prospect Ave., ideally located on the Hartford/West Hartford line. All units are very large 1-bedroom apartments with spacious interiors-highly attractive to tenants and easy to lease. The offering also includes the neighboring property 486 Prospect Ave., formerly used as an architect's office, with additional residential units and untapped potential. Currently generating an almost 8 cap, this investment offers tremendous value-add potential. Rents are currently under market, presenting a clear path to increased cash flow and maximized NOI through strategic rent adjustments and light upgrades. This is a rare chance to secure a high-performing asset in a desirable rental area with strong fundamentals. Agent related. Financials in attachments.
Highlights
Home typeMulti Family
HeatingHot Water, Radiant
StatusActive
Size8,352 sqft
BasementYes
Lot size0.21 Acres
Year built1928
ParkingDetached Garage, Parking Lot, On Street Parking, Off Street Parking
MLS #24112928
Garage2 spaces
Summary
- Full Bathrooms: 16
- Basement: Yes
- Total Bedroom Count: 16
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached Garage, Parking Lot, On Street Parking, Off Street Parking
- Exterior: Sidewalk, Deck, Gutters, Lighting
- Architectural Style: Other
- Heating: Hot Water, Radiant
- Cooling: None
- List Price: $1,390,000
- Price/SqFt: $166
- Annual Tax Amount: $30,185
- Tax Year: 2024
- Lot: Level
- Directions: GPS FRIENDLY
- Year Built: 1928
- Living Area: 8,352 SqFt
- Lot Size: 0.21 Acres
- MLS Number: 24112928
- Office Name: Premier Re Group LLC
- Office Phone: (860) 335-0681
- Office Email: sogreen777@gmail.com
- Listing Agent: Stanley Gutt
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Last updated on: 7/24/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 15, 2014 | Home Sold | $450,000 |
| Oct 11, 2005 | Home Sold | $625,000 |
| Oct 15, 2004 | Home Sold | $575,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $437,780 | $30,185 |
| 2023 | $437,780 | $30,185 |
| 2022 | $437,780 | $30,185 |
| 2021 | $354,130 | $26,308 |
| 2020 | $354,130 | $26,308 |
| 2019 | $354,130 | $26,308 |
History based on county public records data.
Nearby schools
8
Whiting Lane School
Public District PK-5
0.5 mi
•47 Whiting Ln
3
Parkville Community School
Public District PK-5
0.5 mi
•47 New Park Ave
6
Smith School
Public District PK-5
0.8 mi
•64 Saint James 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 $60,938. Typical income of Hartford, CT residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
56%
35k-100k
16%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
64%
Single, No Kids
13%
Single, with Kids
14%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Symphony or Opera
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Chico's
H&M
Where do the neighbors go to eat?
Qdoba
Boston Market
Dominos Pizza
What do the neighbors drive?
Volkswagen
Volvo
Audi
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Hartford, CT
Transportation in Hartford is facilitated by a comprehensive network of roads, including major highways that connect the city to surrounding areas. Public transit options are available, with bus services covering various routes throughout the city. The area's walkability varies, with downtown Hartford being particularly pedestrian-friendly. Efforts are ongoing to enhance the efficiency and accessibility of the city's transportation infrastructure, including improvements to public transit schedules and the promotion of bike-friendly initiatives.
Residents of Hartford benefit from a robust network of services. The educational landscape includes a variety of public and private schools, catering to different educational needs and preferences. Healthcare is well-supported by several hospitals and clinics offering a range of services from primary care to specialized treatments. The city's public library system is extensive, providing valuable resources to the community. Retail and dining options are plentiful, with an emphasis on local and regional cuisine, and the city is proactive in adapting services to meet the evolving needs of its residents.
Hartford prides itself on being a historical hub with a vibrant cultural scene. The community's ambiance is shaped by its storied past, with landmarks such as the Mark Twain House and the Harriet Beecher Stowe Center. The city is celebrated for its diverse array of festivals and events, including the Hartford Jazz Festival and the Connecticut Flower & Garden Show, which reflect the community's appreciation for music, arts, and nature.
The housing landscape in Hartford, Connecticut, is characterized by a mix of architectural styles, with a significant presence of historic colonial and Victorian homes alongside modern condominiums and apartment complexes. Single-family homes are prevalent, reflecting the city's rich history, while newer developments offer urban living options. The homeownership rate in Hartford leans towards rentals, with a substantial portion of the population opting for the flexibility and convenience of leasing their living spaces.
About 478 Prospect Ave
The listing price of 478 Prospect Ave property is $1,390,000.
The property 478 Prospect Ave is a multi located in Hartford, Connecticut, 06105.
Active Listing: 478 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 478 Prospect Ave are: Whiting Lane School (GreatSchools Rating 8/10), Parkville Community School (GreatSchools Rating 3/10), Smith School (GreatSchools Rating 6/10), Bristow Middle School (GreatSchools Rating 7/10), Webster Micro Society Magnet School (GreatSchools Rating 4/10), Dr. Joseph S. Renzulli Gifted and Talented Academy (GreatSchools Rating 9/10), Hartford Public High School (GreatSchools Rating 1/10), Classical Magnet School (GreatSchools Rating 3/10), Jumoke Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $30,185 (source: MLS/based on county public records data).
The last sale was on December 15, 2014 for $450,000 (source: MLS/tax record).
The property 478 Prospect Ave is 8,352 SqFt (source: MLS/tax record).
The year of construction for 478 Prospect Ave is 1928.
This home is located at 478 Prospect Ave in Hartford, CT and zip code 06119. This 8,352 square foot home, which was built in 1928, sits on a 0.21 acre lot. Features: 16 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $1,390,000.
Hartford, CT housing market in June 2025 saw over 20 listings sold above listed price, more than 11 sold at listed price and over 11 sold below. Between May and June 2025, Hartford, CT real estate market has seen increase in the number of listings by 2.6%.
From Rocket Homes Real Estate and based on county public records data.