About 40 Shelton Avenue
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*
Features of 40 Shelton Avenue
| MLS® # | 24127390 |
|---|---|
| Price | $765,000 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 5,661 |
| Acres | 0.07 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 40 Shelton Avenue |
|---|---|
| Area | Newhallville |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06511 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas, Oil |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| Middle | Per Board of Ed |
| High | James Hillhouse |
Additional Information
| Date Listed | September 17th, 2025 |
|---|---|
| Days on Market | 30 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | Javyn Roundtree |
|---|