$640,000

488 Prospect Ave Hartford, CT 06105

$7,600
Closing credit¹
7 beds
4 full
3,653 sqft
0.2 acres
$175 / sqft
Multi-Family

Property details

About 488 Prospect Ave

Seeking a turn-key investment? Look no further. This oversized two-family home presents an excellent opportunity for investors or owner-occupants looking to maximize rental income. With a brand new roof replaced a year ago and a meticulously maintained and updated interior, much of the major work has already been completed. Each unit features in-unit laundry for tenant convenience. The first-floor unit offers two fireplaces, two bedrooms and one bath. The second-floor unit spans two levels, combining the second and third floors for a spacious five-bedroom layout and as an added bonus, the unit will be conveyed fully furnished. With some additional investment and the adding of a kitchen, the third floor could be converted into its own legal unit, transforming this property into a lucrative three-family home. Outside, a long private driveway leads to ample parking space in the rear and plenty of street parking for entertaining guests. This house is completely ready to go, the only thing left to do is to purchase it. Book your showing today and see this property's potential for yourself.

Highlights

Home typeMulti Family
HeatingHot Water
StatusActive
Size3,653 sqft
BasementYes
Lot size0.21 Acres
Year built1910
ParkingNone, Driveway, Off Street Parking, On Street Parking
MLS #24075755

Summary

  • MLS Number: 24075755
  • Office Name: Compass Connecticut, LLC
  • Office Phone: (203) 309-6712
  • Office Email: christian.chaparro@compass.com
  • Listing Agent: Christian Chaparro

IDXCopyright © 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: 2/22/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a porch

$640,000

488 Prospect Ave

$7,600

closing credit¹

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Price information

Property sales

DateEventPrice
May 30, 2024
Home Sold
$550,000
Sep 22, 2006
Home Sold
$308,000
Nov 10, 1987
Home Sold
$190,000

Tax history

YearAssessmentProperty Tax
2024$120,577$8,314
2023$120,577$8,314
2022$120,577$8,314
2021$80,710$5,996
2020$80,710$5,996
2019$80,710$5,996

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,309. Residents of Hartford, CT typically earn less than $<35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

46%
<35k
43%
35k-100k
5%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
19%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
5%
12-17 yrs old
38%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 488 Prospect Ave in Hartford, CT and zip code 06105 in the West End neighborhood. This 3,653 square foot home, which was built in 1910, sits on a 0.21 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $640,000.

Over 20 listings were sold over their listed price in January 2025 in Hartford, CT. In the same period over 12 listings were sold below the listed price and 12 listings were sold for the listed price. Between December and January 2025, Hartford, CT real estate market has seen decrease in the number of listings by 8.5%.

From Rocket Homes Real Estate and based on county public records data.

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