Well-maintained multifamily property offering flexibility and opportunity for a variety of buyers. New drainage system installed. This home provides an ideal setup for an owner-occupant looking to live in one unit while offsetting expenses with rental income, or for an investor seeking a property with established income potential. Each unit features a practical layout designed for comfortable day-to-day living and ease of management. The property has been consistently cared for and offers tenants currently in place, allowing for immediate rental income. Separate living spaces provide privacy and versatility, making the home suitable for buyers who value flexible use of space, whether for personal occupancy, income generation, or long-term planning. Conveniently located in Meriden, the property is close to shopping, dining, schools, parks, and major commuter routes, contributing to strong rental demand and everyday convenience. The location supports both owner-occupants seeking accessibility and investors focused on consistent market appeal. This multifamily home presents a balanced opportunity that combines housing, income potential, and location. A solid option for buyers seeking a property that can adapt to changing needs over time. Schedule a showing to explore the possibilities this property offers.
Property to be sold AS-IS. Seller to make no repairs or offer credits. Property is tenant-occupied and will transfer subject to existing tenancies.
Multi-familyProperty Type
1949Year Built
4,791 sq ftLot Size
$168Price/Sq.Ft.
1 car garageParking
Listed by Courtney Sargent-Ferguson• Goregous Real Estate
South Meriden, located between Downtown Meriden and Wallingford, is a residential and industrial Meriden neighborhood with a rail corridor and broad commercial strips. The neighborhood’s character concentrates along the West Main Street and Pomeroy Avenue corridor, where auto shops, small eateries, and service storefronts line the roadway in a steady daytime hum. Housing reads as mid-century capes and ranches mixed with older two- and three-family homes on compact blocks. Hubbard Park and the Hanging Hills sit close by, shaping weekend routines around trails and open lawns. The Meriden Green and nearby civic buildings add a town-center rhythm without feeling formal. Local staples like Ted’s Restaurant, the Meriden YMCA, and the Meriden Green anchor everyday life.
Provided by Walk Score and Local Logic
Offer insights
203 Spring St · $310,000
$310K and above
75% chance or better to win
Why $310K+ is a strong offer
DAYS ON MARKET
157 days
The average home goes pending in 50 days.
SALE-TO-LIST
101.2%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
One fireplace
Full unfinished basement with sump pump and walk-out access
Attic with hatch access
8 total rooms
Bedrooms
4 bedrooms
Bathrooms
2 full bathrooms
Heating & cooling
Hot water heating
Oil-fired heat
Electric domestic hot water
Exterior features
Brick exterior
Asphalt shingle roof
Home design
Multi-family property (2-family)
Parking
Under-house garage (1 garage)
Construction
Concrete foundation
Brick construction
Utilities
Public water connected
Public sewer connected
Fuel tank located in basement
Electricity and solar
View estimated energy costs and solar savings for this home
Amazing opportunity, priced to sell! Owner occupants and investors take notice: 2 family turnkey property. 1st flr unit offers huge kitchen with dining area, living room with wood burning fireplace, 3 generously sized bedrooms and full bathroom. Hardwood flooring throughout and lots of detail and charm. 1st flr also has exclusive access to basement with laundry hook-up and possibility for expansion, in addition to the one car garage. 2nd flr is adorable and updated with refreshed kitchen and full bathroom, living room, large bedroom with walk-in closet and an extra flex room that is currently being used as a bedroom. The 2nd flr has in-unit hookup for washer and dryer as well as a balcony off the bedroom. The units have separate utilities, with the 1st flr heated by oil and the 2nd flr by electric, as well as newer mechanicals. Great location, close to everything. A perfect opportunity to invest or to live in one unit and let the other help pay your mortgage!
Smart MLS #170024171
Mar 22, 2018
Sold
$76,000
$41/sq ft
Nov 16, 2017
Listing Removed
—
Nov 1, 2017
Listed
$65,000
$35/sq ft
**HUD Home in MERIDEN*** Don't miss the opportunity to purchase the buy of the year! - Incredible price for this two family house located in a residential neighborhood. 1st floor has 5 rooms, 2 bedrooms, 1 bathroom and the 2nd floor has 3 rooms, 1 bedroom, 1 bathroom. One car garage. Hardwood floors. Large kitchens. - And best of all this property has available FHA financing and the sale is restricted for the next 15 days to owner occupants! Beat the investors and buy the deal in MERIDEN today! Only $100 down payment on FHA 203B, 203K loans. $500 SELLING AGENT BONUS FOR FHA 203K LOANS. HUD Home. FHA Case #061-336745. IE: Insured w Escrow - Available financing: FHA, FHA 203K, Cash or Conventional. TBD. Lead Based Paint Addendum attached. See Agent to Agent Remarks for more information.
Public Records
Feb 9, 2009
Sold
$155,000
$84/sq ft
Smart MLS #G508765
Sep 15, 2008
Listed
$169,900
$92/sq ft
Smart MLS #G506281
Aug 20, 2008
Listed
$169,900
$92/sq ft
Public Records
Oct 24, 2005
Sold
$208,000
$113/sq ft
Smart MLS #G383647
May 14, 2005
Listed
$209,900
$114/sq ft
Public Records
Sep 10, 2001
Sold
$103,600
$56/sq ft
Smart MLS #N181908
Jun 15, 2001
Listed
$99,000
$54/sq ft
Smart MLS #N177405
Feb 4, 2001
Listed
$99,000
$54/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,864 (+6.0%)
$38,360 + $92,680
$131,040
2022
$4,589 (+10.6%)
$38,360 + $92,680
$131,040
2021
$4,150 (+0.3%)
$27,860 + $67,480
$95,340
2020
$4,139 (+0.9%)
$27,860 + $67,480
$95,340
2019
$4,103 (−0.4%)
$27,860 + $67,480
$95,340
2018
$4,120 (+2.7%)
$27,860 + $67,480
$95,340
2017
$4,010 (+0.8%)
$27,860 + $67,480
$95,340
2016
$3,980 (+5.0%)
$30,450 + $69,790
$100,240
2014
$3,789 (−28.6%)
$30,380 + $69,790
$100,170
2011
$5,308
$43,400 + $99,700
$143,100
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,848
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,848
Year built
1949
Style
Single Family Residential
County
New Haven County
APN
1176287
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
R-1
Single-Family Residential District
The purpose of this district shall be to provide for areas of relatively open character for single-family dwellings on individual lots, as well as for preservation of open space and more efficient development through cluster development on appropriate sites; to provide for facilities and uses which serve residents of those areas and for uses which are benefited by an open residential environment, and to provide opportunity for more intensive use of large older residential structures as a means of assuring neighborhood stability.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Public service
Educational/school
Park & open space
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
5/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Meriden, CT • 06451
Average low and high temperatures (°F)
32
19
35
20
51
32
60
41
68
50
80
60
85
67
80
61
75
55
64
45
52
36
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 203 Spring St
$304,277
$5,723 under list price of $310K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $435K.