486 Prospect Avenue
Hartford, CT 06105
$439,000
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.
| Listing Id: | 24175658 |
|---|---|
| List Price: | $439,000 |
| Close Price: | $439,000 |
| Close Date: | 2026-09-22 |
| Property Type: | Multi Family |
| Property Sub Type: | 4 Family |
| Status: | Closed |
| Bank Owned Property: | No |
| Beds Total: | 4 |
| Baths Full: | 4 |
| Living Area Sqft Per Public Record: | 3,190 |
| Property Tax: | $9,687 |
| Acres: | 0.21 |
| Style: | Units on different Floors |
| Direct Waterfront Yn: | No |
| City: | Hartford |
| County: | Hartford |
| Postal Code: | 06105 |
| Year Built: | 1900 |
| Total Number Of Units: | 4 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $140,490 |
| Attic Yn: | No |
| Basement Description: | Yes |
| Basement Description: | Full,Unfinished,Hatchway Access,Interior Access,Full With Hatchway |
| Baths Total: | 4 |
| Comp Only Manual Yn: | No |
| Cooling System: | Window Unit |
| Current Price: | $439,000.00 |
| Directions: | GPS FRIENDLY |
| Display Fair Market Value Yn: | Yes |
| Driveway Type: | Private, Paved |
| Elementary School: | Per Board of Ed |
| Expected Active Date: | 2026-05-22 |
| Exterior Features: | Sidewalk, Porch, Gutters, Lighting |
| Exterior Siding: | Vinyl Siding, Wood |
| Foundation Type: | Concrete, Stone |
| Garage & Parking: | Detached Garage, Paved, Off Street Parking, Driveway |
| Garages Number: | 3 |
| Heat Fuel Type: | Natural Gas |
| Heat Type: | Hot Water |
| High School: | Per Board of Ed |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | No |
| Hot Water Description: | Natural Gas, Domestic |
| Listing Contract Date: | 2026-05-14 |
| Lot Description: | Level Lot |
| Middle Jr High School: | Per Board of Ed |
| Mil Rate Total: | $68.95 |
| Status: | Closed |
| New Construction Type: | No/Resale |
| Occupied By: | Tenant |
| Original List Price: | $439,000 |
| Parcel Number: | 598462 |
| Parking Total Spaces: | 4 |
| Pending Date: | 2026-05-23 |
| Possession Availability: | Negotiable |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 798-5400 |
| Price: | $439,000 |
| Radon Mitigation Air Ynu: | Unknown |
| Radon Mitigation Water Ynu: | Unknown |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | Yes |
| Sq Ft Est Heated Above Grade: | 3,190 |
| Sq Ft Total: | 3,190 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2025-June 2026 |
| Total Rooms: | 12 |
| Total Rooms Multi Family: | 12 |
| Under Agreement Yn: | No |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | N2-2 |
Listing Courtesy of: Premier Re Group LLC
Listing Agent: Stanley E Gutt
(860) 798-5400
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET
