290 Sherman Ave

$749,900
Price
8
Beds
3,650 Sq. Ft.
$205 / Sq. Ft.
3,650
Sq. Ft.
$205
per Sq. Ft.

Description

Great investment opportunity located in a highly desirable area next to Yale Hospital and within walking distance of local stores. This income-producing property features 8 units or can be use 3 family house, generating approximately $99,000 annually. The building has undergone major renovations including a new roof, updated windows, modernized bathrooms, upgraded electrical systems, and new plumbing-ensuring long-term durability and low maintenance costs. Additional highlights include: Coin-operated...Great investment opportunity located in a highly desirable area next to Yale Hospital and within walking distance of local stores. This income-producing property features 8 units or can be use 3 family house, generating approximately $99,000 annually. The building has undergone major renovations including a new roof, updated windows, modernized bathrooms, upgraded electrical systems, and new plumbing-ensuring long-term durability and low maintenance costs. Additional highlights include: Coin-operated laundry room for additional income,Spacious basement with ample storage rooms,Large parking lot for tenants and guests, located near Yale Hospital and retail amenities. This is an ideal opportunity for investors seeking stable cash flow in a prime location with minimal capital expenditures required.

Property Details for 290 Sherman Avenue

Basement Description
Full
Direct Waterfront
No
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 12/05/2025 11:19 PM

Property Details for 290 Sherman Avenue

StatusActive
MLS #24113042
Days on Market138
Taxes$8,914 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.14 AC / 6,098 SF
CountyNew Haven County

Location

Listing Courtesy of Lisowitch Real Estate Group LLC, Vasyl Ivoniuk
Add your commute

Building Information for 290 Sherman Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$4,448 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,706

Property Taxes

$743

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 290 Sherman Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Corner Whalley ave and Sherman Ave
  • Elementary School: Edgewood
  • High School: Per Board of Ed
  • Latitude: 41.31618
  • Longitude: -72.942913
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $8,914
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 8
Room 5
  • Listing Key: 3A4AC1196CC22A7DE0631A01100A6746
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3650
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1255609
  • Sq Ft Est Heated Above Grade: 3650.0
  • Sq Ft Total: 3650.0
  • Zoning: RM2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 18000
  • Gross Annual Income: 99000
  • Net Operating Income: $81,000
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 8
Unit 1
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Owner
Unit 2
  • Lease: Leased
  • Lease Expires: 09-30-2025
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 3
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Owner
Unit 4
  • Lease: Leased
  • Lease Expires: 12-31-2026
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 12-31-2026
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 750
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Monthly Rent: $1,250
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Leased
  • Lease Expires: 09-30-2025
  • Unit Appliances: Gas Cooktop,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 7
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Owner
Unit 8
  • Unit Appliances: Gas Range,Microwave,Range Hood,Refrigerator
  • Unit Average Sq Ft: 415
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 12-05-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Owner

Property History for 290 Sherman Avenue

DateEvent & SourcePriceAppreciation
Aug 23, 2019

Closed (Public Record)

Public Record #652573668

$236,000

+5.4% / yr

Mar 29, 1996

Closed (Public Record)

Public Record #92346999

$69,000—
DateEvent & SourcePrice
08/23/2019

Closed (Public Record)

Public Record #652573668

$236,000

+5.4% / yr

03/29/1996

Closed (Public Record)

Public Record #92346999

$69,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 290 Sherman Avenue

Taxable ValueLand$48,370Additions$177,870Total$226,240
Tax Record2024$8,914 ($743 / month)
Home Facts
Baths3Total Finished SqFt3,650 SqFtAbove Grade Finished SqFt3,650 SqFtUnfinished Basement SqFt1,368 SqFtStories3Lot Size6,098 SqFtStyleTriplexYear Built1900Year Renovated1997ZoningRM2CountyNEW HAVENAPNNHVN M:319 B:0280 L:00700Fireplace TypeHas Fireplace

Schools near 290 Sherman Avenue

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 5
Public - PK to 8
Rating
School
Distance
Edgewood School
PublicK to 8

Hyde Leadership School
Public9 to 12

Benjamin Jepson Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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290 Sherman Avenue is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on July 19, 2025 by Lisowitch Real Estate Group LLC, it's currently listed at $749,900. It has been on the market for a total of 138 days and was last sold on August 23, 2019. This listing's school district is New Haven School District. Nearby schools include Edgewood School, Hyde Leadership School and Quinnipiac Real World Math STEM School. 290 Sherman Avenue is a 8-bed, 8-bath, 3,650 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lisowitch Real Estate Group LLC, Vasyl Ivoniuk

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.