Home / Recently Sold / Norwalk
Closed · For Sale
$700,000
Asked $725,000 · Sold 2025-10-06

2 Olmstead Place, Norwalk, Connecticut 06855

1 beds 3 baths 3,055 sq ft Multi-Family For Sale Built 1947

About this home

Sound Investment Opportunity in East Norwalk. This mixed-use property is located in a prime location in East Norwalk, just a short walk to the train station and conveniently close to highways, beaches, and shopping. The building consists of four well-maintained units: two residential apartments, one commercial garage space and one large storage space. All units are currently tenant-occupied, ensuring a seamless transition for the new owner. The first-floor, one-bedroom apartment features a newly remodeled interior with a spacious living room, hardwood floors, built-in bookshelves, and a wood-burning fireplace. The modern kitchen is equipped with stainless steel appliances and provides access to the yard. The fully tiled bathroom includes a large shower and stackable washer and dryer. The bedroom offers a generous walk-in closet and a window for natural light. On the second floor, a studio apartment offers a comfortable living space with hardwood floors, access to the yard, and a private balcony. The commercial space is a two-bay garage with high ceilings and ample storage, ideal for a variety of uses. Fourth unit is a partially finished space, which is currently deemed as storage use only. However, new owner could potentially convert into a fourth residential unit; this is subject to town approval. This is an outstanding opportunity for investors seeking a well-located property with stable rental income and future potential for growth. SOLD AS IS

Status
Closed
Type
Multi-Family For Sale
Price
$700,000
Beds
1
Baths
3
Interior
3,055 sq ft
Lot
0.12 ac
Year Built
1947
MLS #
24088775
ZIP
06855
Days on Market
3
Heat
Natural Gas · Hot Water
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
Attached Garage (2-car)
Laundry
Hook-Up In Unit 1
Flood Zone
No

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

Schools

Elementary
Marvin
Middle / Jr High
Nathan Hale
High School
Norwalk

Taxes

Property tax
$10,965 (July 2025-June 2026)
Assessed value
$458,780

Interior

Basement
Partial, Unfinished
Fireplaces
1
Total rooms
7

Building & Exterior

Style
Units on different Floors
Roof
Asphalt Shingle
Siding
Vinyl Siding
Exterior features
Balcony, Gutters, Lighting
Foundation
Concrete
New construction
No/Resale

Lot & Land

Zoning
B
Lot
Level Lot
Waterfront
Beach Rights

What's nearby

Grocery
Key Food0.73 mi away
Also nearby
Stew Leonard's1.0 mi away
Pharmacy
CVS Pharmacy0.72 mi away
Train
East Norwalk Station0.28 mi away · 6 min walkMetro-North Railroad
Bus stop
Bus stop0.8 mi away
Elementary
Marvin
Middle
Nathan Hale
High school
Norwalk
~0.8 miKey Food — 0.73 miStew Leonard's — 1.0 miCVS Pharmacy — 0.72 miEast Norwalk — 0.28 miBus stop — 0.8 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.

Listing & sale history

Every time this exact home has come to market in the MLS data this site tracks. Where a sale closed, the recorded sale price is shown; "asking" marks a price the home was listed at rather than what it sold for.

2025-10-06Sold — $700,000 asked $725,000 (this listing)MLS 24088775

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 built1947
Living area1,385 sq ft
Total rooms3
Lot size0.12 acres
Stories2
HeatHot Water
ExteriorVinyl Siding
Assessed value$458,780
Town appraisal$655,390
Last recorded sale2019 — $300,000

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 William Raveis Real Estate — Sonia Byrnes · (203) 655-1423

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