$4,394 Closing Credit¹
#24057896, Jason Diaz, Listing Office: Berkshire Hathaway NE Prop.
#24057738·
Listing Office: Berkshire Hathaway NE Prop.·
Listing Agent: Shy Grahame·
Listing Office Phone: (860) 633-3674
$4,572
closing credit¹
485 E St New Haven, CT 06511
$385,000 List price
$4,572
Closing credit¹
9 beds
3 full
2,616 sqft
0.07 acres
$147 / sqft
Multi-Family
Property details
About 485 E St
This 3-family property, situated directly across from Jocelyn Park, offers a rare chance to acquire a multifamily building in a highly desirable location. Just steps from East St. and State St., tenants will enjoy easy access to local restaurants, bars, and shops, making this a sought-after rental location. Each unit features 2-3 bedrooms with abundant natural light, perfect for attracting quality tenants. Two of the units boast updated kitchens and bathrooms, ready for immediate occupancy or rental. The first unit is currently rented at below-market value, providing clear potential for rent increases and higher cash flow. Investors will recognize the serious upside here-whether you're looking to stabilize the asset with market-rate tenants or owner-occupy and have your mortgage covered by rental income. With updated properties in the area fetching $480k and higher, this is a solid value-add play with significant appreciation potential. Property is being sold as-is, where-is-ideal for savvy investors who understand the potential in New Haven's growing rental market.
Highlights
Home typeMulti Family
HeatingBaseboard, Forced Air
StatusSale Pending
(Under Contract)
(Under Contract)
Size2,616 sqft
BasementYes
Lot size0.07 Acres
Year built1900
MLS #24057738
Summary
- MLS Number: 24057738
- Office Name: Berkshire Hathaway NE Prop.
- Office Phone: (860) 633-3674
- Office Email: shygrahame@bhhsne.com
- Listing Agent: Shy Grahame
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: 2/11/2025, 4:20:54 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
$385,000
485 E St
$4,572
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 13, 2020 | Home Sold | $232,500 |
| Aug 18, 2015 | Home Sold | $113,333 |
| Jul 31, 2006 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $157,640 | $6,069 |
| 2023 | $157,640 | $5,864 |
| 2022 | $157,640 | $6,266 |
| 2021 | $91,770 | $4,027 |
| 2020 | $91,770 | $4,027 |
| 2019 | $91,770 | $3,944 |
History based on county public records data.
Nearby schools
4
Lincoln - Bassett Community School
Public District PK-6
1.7 mi
•130 Bassett St
5
Ridge Hill School
Public District KG-6
2.5 mi
•120 Carew Rd
5
Barack H. Obama Magnet University School
Public Magnet PK-4
2.6 mi
•69 Farnham Ave
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 $38,710. Most New Haven, CT residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
47%
<35k
36%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
31%
Single, with Kids
10%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
37%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
NBA/WNBA
Pro Wrestling
Where do the neighbors shop?
Forever 21
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Starbucks
Cicis Pizza
What do the neighbors drive?
Mazda
Pontiac
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Alternative
All data provided by Home Junction and Claritas
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This home is located at 485 E St in New Haven, CT and zip code 06511 in the Wooster Square / Mill River neighborhood. This 2,616 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 4, 2024 and is currently priced at $385,000.
In January 2025, from all listings sold in New Haven, CT there were more than 21 sold above asking price, over 23 sold below and more than 4 were sold right at the asked price. Between December and January 2025, New Haven, CT real estate market has seen decrease in the number of listings by 1.8%.
From Rocket Homes Real Estate and based on county public records data.