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244 Sherman Avenue

New Haven, CT 06518
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$499,900 $2,107/Mo
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Bed 6

Bed

Bath 4

Bath

SqFt4,090

Sqft

Acres0.09

Acre(Lot)

Exceptional value-add opportunity in the heart of New Haven's desirable Edgewood neighborhood! This unique multi-family property offers an exciting opportunity for investors, developers, and visionaries looking to unlock its full potential. Currently configured as a 2-family with 6 bedrooms and 6 full bathrooms, the property also comes with zoning-approved plans to convert it into a 5-family residence, creating a rare opportunity to significantly increase its income-producing potential. With generous square footage and a flexible layout, this property provides a strong foundation for a transformative renovation. Whether you're an experienced investor or looking for your next development project, the possibilities are substantial. Bring your contractor, your vision, and the right team to re imagine this property into a standout asset in one of New Haven's most established neighborhoods. Located in the sought-after Edgewood neighborhood, you'll enjoy convenient access to Edgewood Park, Yale University, Yale New Haven Hospital, local restaurants, shopping, public transportation, and major highways, making this an attractive location for future tenants. While the property requires significant renovation and is being offered as an opportunity for someone ready to add value, the approved conversion plans and prime location make it a truly compelling investment. Don't miss your chance to bring new life to a property with exceptional upside and long-term potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $499,900

AD Id : 87686810

MLS Id : 24189456

Beds : 6

Lot Size : 0.09 Acre

Living Area Size : 4,090

Year Built : 1900

County : New Haven

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 11 Has Basement: Yes Basement: Full, Unfinished

  • Roofing Information

    Asphalt

  • Interior Features

    Roof: Asphalt Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Oil, Forced Air Cooling: None

  • Building Information

    Year Built: 1900 Building Area Total: 4090 Construction Materials: Frame, Clapboard Private Pool: No

  • Lot Information

    Lot Size Acres: 0.09 Lot Description: Level

  • Listing Price Information

    Listing Price: $499900

  • Tax Information

    Parcel Number: 1255589 Annual Tax: $13219

  • School Information

    Elementary School: Edgewood
    Junior High School: Enginering/Science
    Senior High School: James Hillhouse

  • Location Information

    Direction: Lock door please WaterSource: Public
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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 07/13/2026 @ 20:39

MLS: 24189456 LISTED BY: Javyn Roundtree, Roundtree Realty LLC SOURCE: SmartMLS

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