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For sale
  • $335,000

    121 Railroad Street, North Canaan, CT 06018

    4beds
    2,008sqft
    : 
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    Single Family Residence
    Built in 1877
    0.84 Acres Lot
    $352,800 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Easy single-level living
    Excellent income-producing opportunity in the heart of North Canaan! This well-maintained three-unit multifamily property is connected to town water and town sewer, has separate utilities for each unit, and offers an ideal addition to any investment portfolio or an excellent owner-occupied opportunity. The property features two one-bedroom, one-bathroom apartments on the main level, providing strong rental appeal with easy, single-level living. The upper unit occupies the second and third floors and includes two bedrooms, one full bathroom, a large second-story deck overlooking the town, and a finished third floor with two additional rooms that add exceptional flexibility and value. Beautifully updated while preserving its historic character, the property offers the charm tenants appreciate with the modern conveniences they expect. Its prime in-town location places shopping, dining, schools, parks, and other everyday amenities just minutes away, contributing to consistent rental demand. Whether you're expanding your portfolio, seeking a turnkey investment, or looking to live in one unit while generating rental income from the others, this versatile multifamily property presents outstanding long-term potential.
    19 hours
    |
    361
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    34
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    Zillow last checked:

    Listing updated:

    Listed by:

    Holly M. Leibrock (860)248-0117,

    Elyse Harney Real Estate 860-435-0120,

    Liza Reiss 860-671-0288,

    Elyse Harney Real Estate

    Source: Smart MLS,MLS#: 24188055MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Kitchen
      • Level: Main
      Kitchen
      • Level: Upper
      Living room
      • Level: Main
      Living room
      • Level: Upper
      Heating
      • Hot Water, Oil
      Cooling
      • None
      Appliances
      • Included: Oven/Range, Refrigerator, Water Heater
      Features
      • Basement: Full,Unfinished
      • Attic: Partially Finished,Walk-up
      • Has fireplace: No
      Interior area
      • Total structure area: 2,008
      • Total interior livable area: 2,008 sqft
      • Finished area above ground: 2,008

      Property

      Lot
      • Size: 0.84 Acres
      • Features: Level
      Details
      • Parcel number: 2408988
      • Zoning: 3

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Antique
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1877

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Canaan

      Financial & listing details

      • Price per square foot: $167/sqft
      • Tax assessed value: $150,080
      • Annual tax amount: $4,045
      • Date on market: 7/9/2026

        Estimated market value

        $352,800

        $307,000 - $399,000

        $1,718/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$335,000+123.3%$167/sqft
        Source: Smart MLS #24188055 Report a problem
        4/4/2022Sold$150,000+200%$75/sqft
        Source: Public Record Report a problem
        7/30/1997Sold$50,000$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,045 +8.9%$150,080
        2024$3,714 -3%$150,080
        2023$3,827 +1.2%$150,080 +23%
        2022$3,781 +6.9%$121,970
        2021$3,537 -4.8%$121,970
        2020$3,714 +7.8%$121,970
        2019$3,446 +2.7%$121,970
        2018$3,354 -2.6%$121,970 -2.6%
        2017$3,445 $125,280
        2016$3,445 $125,280
        2015$3,445 $125,280
        2014$3,445 +7.8%$125,280
        2013$3,195 +10.8%$125,280 -6.6%
        2012$2,884 +2.4%$134,120
        2011$2,817 $134,120
        2010$2,817 $134,120
        2009$2,817 +68.7%$134,120 +68.6%
        2008$1,670 -19.6%$79,540
        2007$2,076 +2.4%$79,540
        2006$2,028 +4.5%$79,540
        2005$1,941 +6.1%$79,540
        2004$1,829 +0.8%$79,540
        2003$1,814 $79,540

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 06018

        Getting around

        49 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: North Canaan
        • High: Housatonic

        Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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