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Back 123 Carmel St
Off Market

123 Carmel St

New Haven CT 06511

11
5
5313 sq. ft.
0.09 ac.
Duplex
Last sold for $400,000
Kate UsovichKate Usovich, last sold this property on 15 July 2026 after 294 days on market.

Overview

Distressed value-add multifamily opportunity in a prime New Haven location just minutes from Downtown and Yale University. Currently configured as a 4-family with approved plans and permits in place for conversion to a 5-unit residential building, offering significant upside potential. All major approvals have been secured, including zoning variance and building/fire department approvals. The proposed layout includes a mix of 1-bedroom, 3-bedroom, and large 4-bedroom units. Full interior and exterior renovation required. No on-site parking. Strong rental market supported by proximity to Yale, public transportation, and major highways. Rent comps available for both 4-unit and 5-unit scenarios. All the hard work is done. Just build and cash flow!

Features

11 bedrooms
5 bathrooms
5313 sq. ft. floor area
0.09 ac. lot size
Duplex

Estimated Value

We need at least 3 similar 11 bedroom duplexes sold in New Haven over the last 12 months.

Property history for 123 Carmel St

2026
Sold
$400,000
15 Jul 2026 by Kate Usovich, of P2P Realty Group LLC

Happy sellers in New Haven

~%

We have insufficient information to provide an overview of customer satisfaction for New Haven. Viewing the agent profiles, reviews and sales for New Haven can provide insights for this location.

Local market activity for 11 bedroom duplexes in New Haven

In the last 12 months, 1 numeral.11-bedroom duplex similar to 123 Carmel St, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New Haven

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Betsy Grauer

Betsy Grauer is a recommended agent for New Haven.  They have 14 local sales and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in New Haven
  •  14 Sales in New Haven
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Jennifer D'Amato

Jennifer D'Amato is a recommended agent for New Haven.  They have 5 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in New Haven
  •  5 Sales in New Haven
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Eric Schuell

Sellers who recommend Eric Schuell have praised them for being local expert, responsive, supportive, friendly, honest, reliable, and clear communication

  •   5   (53 reviews)
  •  1 Review in New Haven
  •  1 Sale in New Haven
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Jose Almodovar

Jose Almodovar is a recommended agent for New Haven.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in New Haven
  •  1 Sale in New Haven
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