168 Derby Avenue, Derby, Connecticut

$425,000

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7

Beds

2

Baths

2,288

Square feet

0.11

Acres

About 168 Derby Avenue

The strongest multifamily opportunities give buyers options-and 168 Derby Avenue delivers them from day one. Fully vacant and thoughtfully refreshed, this two-family offers a spacious four-bedroom first-floor residence and a three-bedroom second-floor residence, creating an ideal setup for an owner-occupant, investor or extended household. Bright interiors, updated kitchens and clean, comfortable living spaces allow the next owner to move forward without taking on another renovation project. The first floor features forced-air gas heat, while the second floor is heated by electricity. Laundry hookups are conveniently located in the shared rear hallway. With projected rents of approximately $2,400-$2,500 for the first floor and $2,100-$2,300 for the second, the property offers compelling income potential, subject to buyer verification. River views add a sense of openness rarely found in a multifamily setting, while quick access to Route 8 keeps commuting throughout the Derby-Shelton corridor simple. Seven bedrooms, two vacant units and the freedom to establish your own vision-168 Derby Avenue is ready for what comes next.

Features of 168 Derby Avenue

MLS® # 24196419
Price $425,000
Bedrooms 7
Bathrooms 2.00
Full Baths 2
Square Footage 2,288
Acres 0.11
Type Multi-Family For Sale
Sub-Type 2 Family
Style Units on different Floors
Status Under Contract

Community Information

Address 168 Derby Avenue
Area N/A
City Derby
County New Haven
State Connecticut
Zip Code 06418

Amenities

Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Hot Air, Electric, Natural Gas
Cooling Ceiling Fans
Fireplace No
Has Basement Yes
Basement Full, Unfinished

Exterior

Exterior Vinyl Siding
Lot Description Level Lot
Roof Shingle
Foundation Brick

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed August 4th, 2026
Days on Market 7
Zoning R-5
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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Listing information last updated on September 9th, 2026 at 11:55pm EDT.