Home / Listings / Norwalk
Active · For Sale
$725,000

2 Lincoln Avenue, Norwalk, Connecticut 06854

5 beds 3 baths 2,104 sq ft Multi-Family For Sale Built 1905

About this home

Excellent South Norwalk 3-Family Investment Opportunity! Located on a desirable, quiet one-way street, this income producing property offers three fully rented units with excellent rental income and strong investment potential. Recent improvements include newer siding and roof installed in 2021. The partially finished basement features high ceilings, bathroom and laundry hookup, offering additional usable space and storage. A detached garage provides even more storage, ample off street parking for residents. Ideally located just minutes from the Norwalk Train Station, major highways, The SONO Collection Mall, downtown SONO restaurants and entertainment, nearby parks and waterfront amenities. A convenient location with easy access to transportation, shopping, dining, and recreation. All units are currently rented, an excellent opportunity for investors looking for immediate income in a highly desirable South Norwalk location.

Status
Active
Type
Multi-Family For Sale
Price
$725,000
Beds
5
Baths
3
Interior
2,104 sq ft
Lot
0.12 ac
Year Built
1905
MLS #
24212339
ZIP
06854
Days on Market
6
Heat
Natural Gas · Hot Air
Cooling
Window Unit
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
Detached Garage (1-car)
Laundry
Basement Hook-Up(s)

Flood risk: check the FEMA flood map for this address.

Schools

Elementary
Rowayton
Middle / Jr High
Roton
High School
Brien McMahon

Taxes

Property tax
$8,692 (July 2025-June 2026)
Assessed value
$363,690

Interior

Basement
Full, Storage, Partially Finished
Total rooms
14

Building & Exterior

Style
Units on different Floors
Roof
Asphalt Shingle
Siding
Vinyl Siding
Foundation
Concrete
New construction
No/Resale

Lot & Land

Zoning
C
Lot
Level Lot

What it would cost per month

An estimate you can adjust — not a quote, and not an offer of credit. Principal and interest only, plus the taxes and HOA already on this listing. Insurance, PMI and closing costs are not included. Rate seeded at 6.5% (August 2026); change it to whatever your lender quotes.

—/mo
— principal & interest

What's nearby

Grocery
Patel Brothers1.38 mi away
Also nearby
Stop & Shop1.4 mi away
Pharmacy
CVS Pharmacy1.29 mi away
Train
South Norwalk Station0.46 mi away · 9 min walkMetro-North Railroad;CTrail
Bus stop
Bus stop1.42 mi away
Elementary
Rowayton
Middle
Roton
High school
Brien McMahon
~1.2 miPatel Brothers — 1.38 miStop & Shop — 1.4 miCVS Pharmacy — 1.29 miSouth Norwalk — 0.46 miBus stop — 1.42 mi
This homeGroceryPharmacyTrainBus

Real streets from OpenStreetMap; distances are straight-line from the property, not driving routes.

Distances are straight-line from the property, not driving or walking routes. Places data © OpenStreetMap contributors.

Recent comparable sales

The 5 closest recent sales to this home, nearest match first — same building where possible, then the surrounding streets, widening only when there is nothing closer. These are recorded sale prices from the MLS, not estimates. No automated valuation is shown, because what a home is worth depends on condition, layout and timing that a formula cannot see — call John at 203·883·3399 to read them properly against this home.

5 comparable sales — median $712,310, ranging $675,000 to $790,000.

Public record

From the Norwalk assessor's public property record. These figures describe the property as the town has it on file and can differ from the listing — a finished basement or an addition may not be reflected in the assessor's living area.

Year built1905
Living area2,104 sq ft
Total rooms10
Lot size0.12 acres
Stories2.5
HeatForced Air
ExteriorVinyl Siding
Assessed value$363,690
Town appraisal$519,550
Last recorded sale2023 — $540,000

Recorded sales

Deed transfers on file with the Norwalk land records, newest first. These are recordings rather than MLS sales, so they include transfers that were never listed. Nominal and $0 transfers (estate, trust and family conveyances) are excluded.

Listing courtesy of Berkshire Hathaway NE Prop. — Catherine Aaron · (203) 869-0500

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