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262 Sherman Avenue, 
New Haven, CT 06511

$385,000


10

Beds


1

Bath


4,598

Sq Ft


Multi-Family

Pending

Listed by

Michael Martinez, (203) 996-4984

Houlihan Lawrence Wd, (203) 787-6888

Last updated:

February 10, 2026, 11:59 AM

MLS#

24150183

Source:

CT

About This Home

262 Sherman Avenue

Grand 4,600 sq ft Victorian with Incredible Upside A rare opportunity to complete and customize a truly magnificent Victorian offering approximately 4,600 square feet of living space. The first floor (approx. 1,700 sq ft) features inlaid hardwood floors, a classic fireplace, an updated kitchen and bathroom, and two well-proportioned bedrooms-perfect for immediate use or income while completing the upper levels. Easily convertible to a three bedroom. The second and third floors are fully gutted and partially framed, providing a blank canvas for a buyer with vision. Whether restoring the home's original grandeur or reimagining it for modern living, the heavy lifting has begun and the possibilities are substantial. The property is a legal four-family, and the current owner previously obtained (now expired) permits to convert it to a five-unit property, offering strong future potential for expansion (buyer to perform due diligence). The seller simply doesn't have the bandwidth to take this project on for the next several years and is looking to pass it along to someone ready to bring it across the finish line. Centrally located and convenient to downtown and the Edgewood area, this is an exceptional chance to create a standout investment or showcase residence. With vision and execution, this property could be truly spectacular. SHOWINGS START 1/31/2026

Home Facts

Multi-Family

1 Bath

10 Bedrooms

Built in 1900

Price Summary

385,000

$83 per Sq. Ft.

MLS #:

24150183

Last Updated:

February 10, 2026, 11:59 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

4,598 Sq. Ft.


Structure

Structure

Building Area:

4,598 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$385,000

Price per Sq. Ft:

$83 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.