Home / Listings / Norwalk
Under Contract · For Sale
$950,000

263 Main Avenue, Norwalk, Connecticut 06851

5 beds 3 baths 7,320 sq ft Multi-Family For Sale Built 1920

About this home

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.

Status
Under Contract
Type
Multi-Family For Sale
Price
$950,000
Beds
5
Baths
3
Interior
7,320 sq ft
Lot
0.24 ac
Year Built
1920
MLS #
24171361
ZIP
06851
Days on Market
35
Heat
Gas on Gas
Cooling
Wall Unit
Water
Public Water Connected
Sewer
Public Sewer Connected

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

Taxes

Property tax
$14,670 (July 2025-June 2026)
Assessed value
$612,640

Interior

Basement
Partial, Unfinished, Concrete Floor, Full With Hatchway, Partial With Walk-Out
Total rooms
11

Building & Exterior

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

Lot & Land

Zoning
B2
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
Stop & Shop0.57 mi away · 11 min walk
Also nearby
Key Food1.29 mi away
Pharmacy
CVS Pharmacy0.21 mi away · 4 min walk
Train
Merritt 7 Station1.04 mi awayMetro-North Railroad
Bus stop
Bus stop0.32 mi away · 6 min walk
School zone
Check the district's school finder the MLS did not name one for this address
~1.0 miStop & Shop — 0.57 miKey Food — 1.29 miCVS Pharmacy — 0.21 miMerritt 7 — 1.04 miBus stop — 0.32 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.

2026-08-17Under contract — $950,000 (this listing)MLS 24171361
2026-08-17Under contract — $950,000MLS 24171829

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 built1955
Living area1,600 sq ft
Lot size0.24 acres
Stories1
HeatForced Air
ExteriorConcrete
Assessed value$612,640
Town appraisal$875,200
Last recorded sale2022
Listing courtesy of BHHS Darien/New Canaan — Jennifer McDade · (203) 655-5114

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