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$349,000

98 Water St Derby, CT 06418

6 beds
2 full
1,075 sqft
0.1 acres
$325 / sqft
Multi-Family

Property details

About 98 Water St

A fantastic opportunity for investors. This fully occupied, side-by-side duplex offers immediate cash flow from day one. Each unit features a unique, multi-level layout. The first floor includes the kitchen and a full bath. The second floor hosts a spacious living room and a bedroom, while the top floor contains two additional cozy bedrooms. Benefit from the simplicity and low maintenance of electric heat, reducing worries about complex mechanicals. Key features include convenient in-unit laundry hookups and dedicated off-street parking for each unit. With its duplex style offering excellent privacy for tenants, this property is a stable and attractive rental. Don't miss this turnkey investment. Do not disturb tenants.

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
Size1,075 sqft
Lot size0.13 Acres
Year built1825
MLS #24114709
ViewCity

Summary

  • Full Bathrooms: 2
  • Basement: No
  • Total Bedroom Count: 6
  • Attached Garage: No
  • Private Pool: No
  • Parking: None
  • View: City
  • Heating: Baseboard
  • Cooling: None
  • List Price: $349,000
  • Price/SqFt: $324
  • Annual Tax Amount: $3,281
  • Tax Year: 2024
  • Lot: City Lot
  • Directions: GPS
  • Year Built: 1825
  • Living Area: 1,075 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 24114709
  • Office Name: Joseph Martino Real Estate
  • Office Phone: (203) 671-2384
  • Office Email: joe@joemartinore.com
  • Listing Agent: Joseph Martino

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: 8/1/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 05, 2021
Home Sold
$210,000
Jan 02, 2007
Home Sold
$13,333
Jan 02, 2007
Home Sold
$26,666
Mar 24, 1987
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2024$75,950$3,281
2023$75,950$2,932
2022$75,950$2,932
2021$75,950$2,932
2020$63,560$2,788
2019$63,560$2,661

History based on county public records data.

Nearby schools

2

Irving School

Public District KG-5

0.3 mi

9 Garden Pl

3

Bradley School

Public District KG-5

1.2 mi

155 David Humphrey Rd

2

Prendergast School

Public District KG-6

1.6 mi

59 Finney 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 $68,015. The majority of Derby, CT residents have income between $35k-100k annually. Typical family type 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?

28%
<35k
49%
35k-100k
23%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
17%
Single, with Kids
19%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • College BasketballCollege Basketball

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • HyundaiHyundai

What do the neighbors listen to?

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

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Frequently asked questions

About 98 Water St

The listing price of 98 Water St property is $349,000.

The property 98 Water St is a multi located in Derby, Connecticut, 06418.

Active Listing: 98 Water St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 98 Water St are: Irving School (GreatSchools Rating 2/10), Bradley School (GreatSchools Rating 3/10), Prendergast School (GreatSchools Rating 2/10), Derby Middle School (GreatSchools Rating 4/10), Perry Hill Elementary School (GreatSchools Rating 6/10), Ansonia Middle School (GreatSchools Rating 2/10), Derby High School (GreatSchools Rating 1/10), Ansonia High School (GreatSchools Rating 2/10), Emmett O'Brien Technical High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $3,281 (source: MLS/based on county public records data).

The last sale was on January 5, 2021 for $210,000 (source: MLS/tax record).

The property 98 Water St is 1,075 SqFt (source: MLS/tax record).

The year of construction for 98 Water St is 1825.

This home is located at 98 Water St in Derby, CT and zip code 06418. This 1,075 square foot home, which was built in 1825, sits on a 0.13 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $349,000.

Over 4 listings were sold over their listed price in June 2025 in Derby, CT. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. In June 2025 in Derby, CT there were 5% less homes for sale than in May.

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

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