Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 3 commercial spaces-(4) 2-bedroom/1-bath, (2) 1-bedroom/1-bath apartments, 2 deli/retail spaces, and 1 office-offering a diversified tenant mix with immediate cash flow. Four of the six residential units have been updated within the last year. All tenants are separately metered and cover their own utilities, and heating is provided via a mix of electric baseboard and gas systems, keeping overhead low. There is a clear value-add opportunity with below-market rents in both the residential and commercial units, creating upside through rent adjustments and lease restructuring. Strong visibility and steady local demand further enhance long-term growth potential. Whether you're an experienced investor or expanding your portfolio, this property offers both stability and upside. Schedule your private tour today!
Under contract
$1,150,000
63 Derby Avenue, Derby, CT 06418
13beds
5,173sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$222/sqft
$-- HOA
What's special
- 46 days |
- 61 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 06, 2025 at 07:23am
Listed by:
Justin Sudol (203)980-6412,
Alpha Capital Realty, LLC 860-507-3394
Source: Smart MLS,MLS#: 24136435
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Water Heater
- Laundry: In Unit
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 5,173
- Total interior livable area: 5,173 sqft
- Finished area above ground: 5,173
Property
Parking
- Parking features: None
Features
- Patio & porch: Patio
Lot
- Size: 3,920.4 Square Feet
Details
- Parcel number: 1093880
- Zoning: P
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Derby
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $232,610
- Annual tax amount: $10,049
- Date on market: 10/28/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Pending sale | $1,150,000$222/sqft |
Source: | ||
| 10/28/2025 | Listed for sale | $1,150,000+161.4%$222/sqft |
Source: | ||
| 9/10/2024 | Sold | $440,000+900%$85/sqft |
Source: Public Record Report a problem | ||
| 4/18/1989 | Sold | $44,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,049 | $232,610 |
| 2024 | $10,049 +11.9% | $232,610 |
| 2023 | $8,979 | $232,610 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,302/mo
Principal & interest
$5858
Property taxes
$2041
Home insurance
$403
Climate risks
Neighborhood: 06418
Nearby schools
GreatSchools rating
- 3/10Bradley SchoolGrades: K-5Distance: 0.9 mi
- 4/10Derby Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10Derby High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Irving
- High: Derby
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading





