Opportunity Knocks in Derby! Whether you're an investor looking to expand your portfolio or a Family seeking a home with income potential, 12 Summit Street is a must-see. This well-cared-for two-family home is perfectly situated in the heart of Derby, offering flexibility, comfort, and convenience. The first-floor unit features a spacious 1-bedroom layout with a full bath, inviting living space, and a large eat-in kitchen-perfect for an owner-occupant or long-term tenant. Upstairs, the second-floor unit offers 2 bedrooms, a full bath, a sun-filled living room, and an updated kitchen with plenty of storage. Each unit has separate utilities, making management simple and boosting income potential. Additional features include gleaming hardwood floors, updated mechanicals, off-street parking, a shared backyard for outdoor enjoyment, and a welcoming front porch. Located just minutes from downtown Derby, with easy access to shops, dining, parks, hospitals, Route 8, and the Merritt Parkway. Live in one unit and rent the other, or rent both-this property offers endless possibilities!
Multi-familyProperty Type
1900Year Built
5,227 sq ftLot Size
$293Est. Price/Sq.Ft.
3 spacesParking
Listed by Jerry Ansong• eXp Realty
Bought with Frank Fedak• RE/MAX Right Choice
Source:Smart MLS #24099182
Redfin Estimate
$402,284
$102K since sold in August 2025$20K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 15.6% higher than the average sale price ($348K) of 6 comparable homes.
GREAT INVESTMENT PROPERTY FOR OWNER OCCUPIED OR RENTAL INCOME. Each unit has 2 beds and 1 bath with laundry hookups in the basement. Second floor unit was just fully updated, and features a loft bedroom. Conveniently located to Rt.8, Coon Hollow Park, shopping and restaurants. The property is being sold in as-is condition.
Public Records
May 1, 2002
Sold
$92,000
$67/sq ft
Smart MLS #98118209
Dec 16, 2001
Listed
$99,900
$73/sq ft
Public Records
May 5, 1988
Sold
$136,000
$99/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$3,361
$31,710 + $55,370
$87,080
2021
$3,361 (+2.4%)
$31,710 + $55,370
$87,080
2020
$3,283 (+4.8%)
$31,710 + $43,120
$74,830
2019
$3,133 (+6.3%)
$31,710 + $43,120
$74,830
2018
$2,946
$31,710 + $43,120
$74,830
2017
$2,946
$31,710 + $43,120
$74,830
2016
$2,946 (+5.3%)
$31,710 + $43,120
$74,830
2014
$2,797 (+1.1%)
$31,710 + $46,550
$78,260
2011
$2,766
$31,710 + $46,550
$78,260
Tax history for 12 Summit St
Year
Property tax
Land + Additions
Assessment*
2022
$3,361
$31,710 + $55,370
$87,080
2021
$3,361 (+2.4%)
$31,710 + $55,370
$87,080
2020
$3,283 (+4.8%)
$31,710 + $43,120
$74,830
2019
$3,133 (+6.3%)
$31,710 + $43,120
$74,830
2018
$2,946
$31,710 + $43,120
$74,830
2017
$2,946
$31,710 + $43,120
$74,830
2016
$2,946 (+5.3%)
$31,710 + $43,120
$74,830
2014
$2,797 (+1.1%)
$31,710 + $46,550
$78,260
2011
$2,766
$31,710 + $46,550
$78,260
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
1,372
Year built
1900
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1095667
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
R-5
Residential - 5 Zone
These zones are primarily residential in nature and consist of areas built up in years past with single-family, two-family and multi-family structures. They constitute part of the urban concentration. An important purpose of the standards applicable in these zones is to recognize the relatively high concentration of dwellings and population already present, while preserving existing development from overcrowding and permitting conversion to, and construction of, dwellings containing one and two families at standards consistent with preservation of the character of the zone. Institutions and similar uses will be necessary and appropriate in these zones but only as special exceptions upon a finding that development will be compatible with the character of the zone.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Park & open space
Property details
Parking
Garage Information
Garage & Parking: Off Street Parking, Driveway
Parking Information
Parking Total Spaces: 3
Interior
Interior Information
Total Rooms: 10
Laundry Room Info: Basement Hook-Up(s)
Cooling System: Ceiling Fans
Bathroom Information
# of Baths (Full): 2
Bedroom Information
Beds Total: 3
Room Information
Basement Description: Full, Unfinished, Full With Hatchway
Has Attic
Attic Description: Walk-up
Multi-Unit Information
Total Rooms Multi Family: 10
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding, Aluminum
Exterior Features: Balcony, Sidewalk, Porch, Deck
Lot Information
Lot Description: Level Lot, Sloping Lot
Building Information
Foundation Type: Brick, Stone
Construction Description: Frame
Color: Beige
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 1372
Driveway Type: Private, Paved
Financial
Assessments Information
Assessed Value: $87,080
Utilities
Utility Information
Water Source: Public Water Connected
Sewer Usage Fee Annual: $900
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas, Domestic
Heat Type: Hot Water
Heat Fuel Type: Natural Gas
Location
School Information
Middle Jr High School: Per Board of Ed
Intermediate School: Per Board of Ed
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Pool, Public Transportation
Directions: GPS friendly
County: New Haven
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,372
Stories: 2.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: New Haven County
APN: 1095667
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 3
Around this home
Schools
Irving School
Public K-5 • Assigned • 0.4mi
2/10
Derby Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Derby High School
Public 9-12 • Assigned • 0.4mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Derby, CT • 06418
Average low and high temperatures (°F)
35
21
37
23
52
34
61
43
68
52
80
61
84
67
80
61
76
58
66
47
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$383,000 – $463,000
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