Coming Soon Open Saturday 09/12 12 PM-4 PM

509 Roosevelt Drive

Derby, CT 06418

$575,000

Get Pre-Approved Check your credit

Overview

Bed

Bath

2,592

Sqft

0.23

Acre(Lot)

Description

DERBY MULTIFAMILY INVESTMENT OPPORTUNITY - TWO UNITS, SIX BEDROOMS, IMMEDIATE FLEXIBILITY! Investors, owner-occupants, and portfolio builders-this is the opportunity you've been waiting for! 509 Roosevelt Drive is a substantial side-by-side two-family property offering an exceptional combination of scale, flexibility, and income-producing potential in Derby. Built in 1985 and positioned on a 0.23-acre corner lot, this property delivers approximately 2,592 square feet above grade with 12 total rooms across two separate units. Each unit offers 3 bedrooms, creating an attractive six-bedroom multifamily configuration. One unit features 2 full baths and 1 half bath, while the second features 2 full baths with connections for an additional half bath. Both units are currently vacant, giving th e next owner maximum flexibility to establish their own occupancy and rental strategy from day one. Live in one side and potentially offset your housing costs with the other, place both units into service, or capitalize on the property's strong multifamily configuration as you build your investment portfolio. The property offers a solid collection of features including central air, oil hot-air heating, fireplace, private paved driveway, four parking spaces, vinyl siding, asphalt-shingle roof, decks, gutters, garden area, and washer/dryer hookups for both units. The substantial basement provides additional finished and unfinished space for storage, recreation, hobbies, or other permitted uses. The corner-lot setting, generous parking, six-bedroom layout, dual-unit configuration, and vacancy make this property particularly compelling for buyers looking for flexibility and the ability to execute their own investment strategy. Conveniently located near parks, schools, medical facilities, public transportation, shopping, dining, and other area amenities, 509 Roosevelt Drive offers the fundamentals investors look for: two units, substantial living space, strong bedroom count, parking, and the opportunity to immediately put your plan into action. THE BOTTOM LINE: This isn't simply a two-family home-it's an opportunity to acquire a sizable multifamily property and determine its next chapter. Bring your investment strategy, your vision, and your numbers. Opportunities with this combination of flexibility and scale deserve a closer look. Schedule your private showing today and see the potential firsthand. Pictures, videos and floor plans coming soon by 9/11. OPEN HOUSE on 9/12 & 9/13 between 12:00pm - 4:00pm.

Property Details

Property Type : Residential Income

Price : $575,000

AD Id : 90912662

MLS Id : 24202817

Beds : 6

Lot Size : 0.23 Acre

Living Area Size : 2,592

Tax Amount : 15203.00

Year Built : 1985

County : New Haven

Open House

09/12 12 PM-4 PM
09/13 12 PM-4 PM

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 5 Full Baths: 4 Half Baths: 1

Room Information

Rooms Total: 12 Has Basement: Yes Basement: Full, Finished, Partial, Unfinished, Concrete
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Has Heating: Yes Heating: Oil, Forced Air Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1985 Building Area Total: 2592 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Deck Private Pool: No View: Water
Exterior Features

Exterior Features: Garden

Lot Information

Lot Size Acres: 0.23 Lot Description: Corner Lot, Level

Listing Price Information

Listing Price: $575000

Tax Information

Parcel Number: 1093580 Annual Tax: $15203

Parking Information

Parking Total: 4 Asphalt, Paved, Off Street, Private, Driveway

School Information

Elementary School: Irving

Junior High School: Derby Middle

Senior High School: Derby
Location Information

Direction: Google or Wave WaterSource: Public

Sell a home like this and save $34,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
110-112 Dirienzo Heights, Derby, CT, 06418	$480,000	6	3	2,481	0.23 Acre
21-23 Derby Avenue, Derby, CT, 06418	$250,000	8	4	6,029	0.06 Acre
61 Mount Pleasant Street, Derby, CT, 06418	$325,000	3	2	1,180	0.18 Acre
63 Minerva Street, Derby, CT, 06418	$349,500	4	2	1,920	0.10 Acre
2-4 Cottage Street, Derby, CT, 06418	$434,900	6	3	3,110	0.09 Acre
41-43 E 9th Street, Derby, CT, 06418	$429,000	4	2	2,264	0.09 Acre
55 Hawkins Street, Derby, CT, 06418	$675,000	7	4	3,190	0.13 Acre
205 Hawkins Street, Derby, CT, 06418	$575,000	5	3	2,999	0.16 Acre
22 Camptown Avenue, Derby, CT, 06418	$269,900	4	2	1,280	0.07 Acre
48 Mountain Street, Derby, CT, 06418	$429,900	3	2	1,800	0.49 Acre

Similar Multifamily To 509 Roosevelt Drive

Nearby For Sale

$349,500

Multifamily For Sale

63 Minerva Street,
Derby, CT, 06418

Bed

Bath

Sqft

Acre(Lot)

205 Hawkins Street,
Derby, CT, 06418

Bed

Bath

Sqft

Acre(Lot)

48 Mountain Street,
Derby, CT, 06418

Bed

Bath

Sqft

Acre(Lot)

110-112 Dirienzo Heights,
Derby, CT, 06418

Bed

Bath

Sqft

Acre(Lot)

61 Mount Pleasant Street,
Derby, CT, 06418

Bed

Bath

1,180

Sqft

0.18

Acre(Lot)

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 09/02/2026 @ 09:59

MLS: 24202817 LISTED BY: Ryzard Villa, Premier Properties of CT SOURCE: SmartMLS