Prime investment opportunity in the heart of Derby! This classic 1850-built duplex features two spacious 2-bedroom, 1-bath units. Fully occupied with a strong rent roll totaling $3,300/month-ideal for both investors and owner-occupants. First floor updated with luxury vinyl, second floor showcases beautifully refinished original hardwoods. Tenants are responsible for electric and gas. Property is well maintained. Long-term second-floor tenant in place; first-floor unit will be available April 1st, 2025 (MTM)-perfect for future occupancy or market adjustment. Located minutes from Route 34, train station, shopping, and downtown. Solid structure, reliable cash flow, and historic charm make this a rare multifamily find. 24-hour notice required for showings (2nd floor only at this time).
Accepting backups
$349,580
63 Minerva Street, Derby, CT 06418
4beds
1,920sqft
Est.:
Multi Family
Built in 1850
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Beautifully refinished original hardwoodsUpdated with luxury vinyl
- 94 days
- on Zillow |
- 32 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 22, 2025 at 07:16pm
Listed by:
Davante Mallard,
eXp Realty
Source: Smart MLS,MLS#: 24080250

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Electric
Cooling
- None
Appliances
- Included: Tankless Water Heater
Features
- Basement: Partial
- Attic: Partially Finished,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 1,920
Property
Parking
- Parking features: None
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 1093192
- Zoning: CDD
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Shingle Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Downtown
HOA
- Has HOA: No
Location
- Region: Derby
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $135,590
- Annual tax amount: $5,857
- Date on market: 3/22/2025
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