About 486 Prospect Avenue
Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.
Features of 486 Prospect Avenue
| MLS® # | 24175658 |
|---|---|
| Price | $439,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,190 |
| Acres | 0.21 |
| Type | Multi-Family For Sale |
| Sub-Type | 4 Family |
| Style | Units on different Floors |
| Status | Under Contract |
Community Information
| Address | 486 Prospect Avenue |
|---|---|
| Area | N/A |
| City | Hartford |
| County | Hartford |
| State | Connecticut |
| Zip Code | 06105 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Detached Garage, Paved, Off Street Parking, Driveway |
| # of Garages | 3 |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished, Hatchway Access, Interior Access, Full With Hatchway |
Exterior
| Exterior | Vinyl Siding, Wood |
|---|---|
| Exterior Features | Sidewalk, Porch, Gutters, Lighting |
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Stone |
School Information
| Elementary | Per Board of Ed |
|---|---|
| Middle | Per Board of Ed |
| High | Per Board of Ed |
Additional Information
| Date Listed | May 14th, 2026 |
|---|---|
| Zoning | N2-2 |
| RE / Bank Owned | No |
Listing Details
| Office | Premier Re Group LLC |
|---|