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21-23 Derby Avenue, 
Derby, CT 06418

$250,000


8

Beds


4

Baths


6,029

Sq Ft


Multi-Family

Active

Listed by

Carolyn Colon-Ortega, (203) 218-0702

Century 21 Scala Group, (203) 374-9451

(203) 374-9451

Last updated:

September 12, 2026, 11:59 AM

MLS#

24199551

Source:

CT

About This Home

21-23 Derby Avenue

Great opportunity for investors, developers, and owner-users! This mixed-use property offers three residential units plus a commercial storefront, providing excellent potential for multiple income streams once renovated. The property has experienced fire damage and requires significant rehabilitation, making it ideal for an experienced investor looking to restore and reposition the building. The existing layout offers the potential to create a combination of residential rental income and commercial space in a highly visible location. With the right vision and renovation, this property could be transformed into a valuable income-producing asset. This property is also being sold with 25 Derby Ave which is the parking lot attached to the property. Seller is selling this "as is" and there is no access inside. This property needs to be torn down and there might be possibility to save the store front but you need town's approval. Buyers should perform their own diligence regarding the building's condition, zoning, permits, utilities, and required repairs.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1879

Price Summary

250,000

$41 per Sq. Ft.

MLS #:

24199551

Last Updated:

September 12, 2026, 11:59 AM

Added:

24 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

6,029 Sq. Ft.


Structure

Structure

Building Area:

6,029 Sq. Ft.

Year Built:

1879


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$41 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.