27% of homes accept an offer within 2 weeks. Tour it before it's gone!
Today:
About this home
Investor opportunity at 47 Spring Street! This three-family property offers 11 bedrooms and 6 bathrooms, providing a strong unit configuration and excellent income-producing potential. Ideal for investors looking to expand their portfolio, the property offers multiple rental streams, long-term appreciation potential, and opportunities to increase returns through strategic management and rent optimization. Conveniently located near major roadways, public transportation, shopping, and local amenities, this is a solid multifamily asset in a high-demand rental market.
Trowbridge Square Historic District, located between State Street and Orange Street, is a historic and residential New Haven neighborhood with a leafy central green and a strong 19th-century streetscape. The neighborhood’s character concentrates around Trowbridge Square Park, where shaded paths, benches, and a small playground set a calm, lived-in rhythm. Brick rowhouses and wood-frame Italianate and Queen Anne homes line narrow blocks, with porches and bay windows shaping the sidewalk scene. A short walk north, the East Rock Park trails and overlooks pull daily routines outdoors. Nearby anchors like Modern Apizza, the Eli Whitney Museum, and the Yale Peabody Museum add local flavor and culture without breaking the quiet tone.
Provided by Walk Score and Local Logic
Market insights
47 Spring St · $599,900
DAYS ON MARKET
65 days
The average home goes pending in 41 days.
SALE-TO-LIST
102.0%
Most homes are selling 2% above list price.
LIST PRICE
$599,900
Median list price in this area is $444,189. (26% lower than this home)
PRICE DROP
1 price drop
12% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full, unfinished basement
17 total rooms
Bedrooms
11 bedrooms
Bathrooms
6 full bathrooms
Heating & cooling
Hot water heat
Natural gas heating
40-gallon natural gas hot water tank
Exterior features
Level lot
Brick exterior
Home design
Multi-family property (3-family)
Construction
Frame construction
Brick and concrete foundation
Asphalt shingle roof
Utilities
Public water connected
Public sewer connected
Natural gas service
Electricity and solar
View estimated energy costs and solar savings for this home
These districts exist for the protection of areas that have been and are being developed predominantly for high-middle density dwellings of various types. Accordingly, the use of land and buildings within these areas is limited in general to dwellings at a density of about 22 dwelling units per acre, and to such non-residential uses as generally support and harmonize with a middle density area. The non-residential uses permitted in RM-2 Districts, subject to adequate conditions and safeguards, are hereby found and declared to be the only appropriate such uses for such areas. It is hereby found and declared, further, that these regulations are necessary to the protection of these areas and that their protection is essential to the maintenance of a balanced community of sound residential areas of diverse types. All RM-2 Districts are subject to the general provisions for residence districts set forth in Article IV as well as to all other provisions of this ordinance.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Office-Other
Fire house
Police station
Post office
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
7/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
6/10 Wind Factor
58% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
New Haven, CT • 06519
Average low and high temperatures (°F)
35
24
37
25
50
35
60
44
68
53
79
63
84
70
80
63
75
60
66
49
55
40
40
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in New Haven. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 47 Spring St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $500,000 and $659,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $500K to $659K.