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Sold for $433,000 on 07/03/25
  • $433,000

    21 Derby Avenue, Derby, CT 06418

    11beds
    6,029sqft
    Multi Family
    Built in 1879
    -- sqft lot
    $434,900 Zestimate®
    $72/sqft
    $-- Estimated rent

    What's special

    Incredible Mixed-Use Investment Opportunity in the Heart of Derby! Welcome to 21-21 Derby Avenue, a unique and versatile 4-unit mixed-use property located in the rapidly growing city of Derby, CT. Just minutes from the Merritt Parkway and Route 8, this property offers prime accessibility for both residents and businesses alike. The two upper-level units are spacious, side-by-side townhome-style apartments, each offering two floors of living space with 4 bedrooms and 1.5 bathrooms. Both units also feature additional attic space, providing the potential to add up to 3 more bedrooms per unit-a rare value-add opportunity. The ground-level space has been fully gutted and is ready for transformation. Approved architectural plans are in place to convert the space into a 2-bedroom apartment and a commercial office unit, and these plans will transfer with the sale. This property is being sold as-is. Cash or investment financing preferred. Whether you're an experienced investor or a visionary looking to expand your portfolio, this is your chance to capitalize on Derby's continued growth and revitalization. Don't miss out on this rare, high-upside asset in one of Connecticut's most accessible locations.

    Zillow last checked: 7 hours ago

    Listing updated: July 07, 2025 at 10:23am

    Listed by:

    Jerard Gibson,

    Coldwell Banker Realty

    Bought with:

    Carolyn Colon-Ortega, RES.0811829

    Century 21 Scala Group

    Source: Smart MLS,MLS#: 24102380MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Water Heater
    • Laundry: In Unit
    Features
    • Basement: None
    • Attic: Partially Finished,Finished,Walk-up
    • Has fireplace: No
    Interior area
    • Total structure area: 6,029
    • Total interior livable area: 6,029 sqft
    • Finished area above ground: 6,029

    Property

    Parking
    • Parking features: None
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,613 sqft
    • Features: Level, Sloped
    Details
    • Parcel number: 1093813
    • Zoning: B-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1879

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Derby
    • Subdivision: East Derby
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $434,900
    2% more+ $8,698
    With Zillow Showcase(estimated)
    $443,598