NOMADEReal Estate

$950,000

Under Contract

263 Main Avenue

Norwalk, Connecticut, 06851 · Fairfield County

5

Beds

3

Baths

7,320

Sq Ft

1920

Built

MLS # 24171361

Price / Sq Ft

$130

Property Type

Multi-Family For Sale

Lot Size

0.24

Class

Property

About This Property

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate. Property is being sold as-is.

Property Details

263 Main Avenue, Norwalk Connecticut 06851 — Multi-Family For Sale listed at $950,000.

At a Glance

5

Bedrooms

3

Bathrooms

7,320

Sq Ft

0.24

Lot Size

--

Garage

1920

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodFairfield
Address263 Main Avenue
MLS Number24171361
Year Built1920
Square Footage7,320
Lot Size0.24
Bedrooms5
Bathrooms3
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value612640
Mil Rate Total23.95
Property Tax14670
Tax YearJuly 2025-June 2026

Property Features

Basement DescriptionPartial,Unfinished,Concrete Floor,Full With Hatchway,Partial With Walk-Out
Cooling SystemWall Unit
Exterior SidingVinyl Siding
Foundation TypeBlock
Heat TypeGas on Gas
Hot Water DescriptionNatural Gas,Tank Size Unknown
Roof InformationAsphalt Shingle

Other Details

ColorGrey and Brick
Parcel Number246319
ZoningB2

All Photos (24)

Affordability Calculator

$950,000

Down Payment$190,000
Loan Amount$760,000
Principal & Interest$4,804/mo
Property Tax$950/mo
Insurance$100/mo
Est. Monthly$5,854/mo

Listing Agent

J

Jennifer McDade

BHHS Darien/New Canaan

Contact Jennifer McDade

Fill out the form below and we will respond promptly.

Quick Facts

StatusUnder Contract
TypeMulti-Family For Sale
ClassProperty
MLS #24171361
Last Updated2026-05-08