40 Shelton Ave, New Haven, CT 06511
- $690,000
- 12
- BD
- 6
- BA
- 5,661
- SqFt
- Sold Price
- $690,000
- List Price
- $690,000
- Status
- CLOSED
- MLS#
- 24127390
- Closing Date
- Mar 20, 2026
- Year Built
- 1910
- Bedrooms
- 12
- Bathrooms
- 6
- Acres
- 0.07
- Living Area
- 5,661
- Neighborhood
- Newhallville
Property Description
Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*
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Additional Information
- Taxes
- $10,574
- Lot Size
- 3,049
- Heating
- Hot Water
- Cooling System Type
- None
- Water Source
- Public
- Basement
- Full, Unfinished
- Elementary School
- Per Board of Ed
- Middle School
- Per Board of Ed
- High School
- James Hillhouse
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Listing courtesy of Javyn Roundtree from Roundtree Realty LLC. (475) 227-4312 (475) 227-4312
Selling Office: Higgins Group Real Estate.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. Copyright 2026 SmartMLS, Inc.