Home / Listings / Norwalk
Active · For Sale
$1,000,000

32 Catherine Street, Norwalk, Connecticut 06851

10 beds 7 baths 3,991 sq ft Multi-Family For Sale Built 1900

About this home

Exceptional Four-Unit Investment Opportunity in the Heart of Norwalk! Rarely does a property like this become available. Situated on one parcel with two separate buildings,. 32 Catherine Street offers an outstanding opportunity for investors, owner-occupants, or those seeking a multigenerational living arrangement with significant rental income. The front building is a spacious two-family home featuring two oversized 3-bedroom, 1-bath apartments, each offering generous living space and strong rental appeal. Tucked behind the main residence is a separate ranch-style building with two additional units, including a 1-bedroom, 1-bath apartment and a 3-bedroom, 2-bath apartment, creating an ideal mix of unit sizes to maximize occupancy and income potential. With almost 4,000 square feet of living space (buyer to verify), this unique four-unit property provides four separate income streams and the flexibility today's buyers are looking for. Whether you're expanding your real estate portfolio, completing a 1031 exchange, or looking to offset your mortgage by living in one unit while renting the others, this property offers exceptional value. Ideally located just minutes from vibrant downtown Norwalk, Metro-North train stations, I-95, the Merritt Parkway, shopping, dining, parks, beaches, and major employers, this is a prime investment in one of Fairfield County's strongest rental markets. Properties with four units on two separate buildings are seldom available. Don't miss out!

Status
Active
Type
Multi-Family For Sale
Price
$1,000,000
Beds
10
Baths
7
Interior
3,991 sq ft
Lot
0.43 ac
Year Built
1900
MLS #
24202593
ZIP
06851
Days on Market
2
Heat
Natural Gas · Hot Air
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
On Street Parking, Driveway
Laundry
All Units Have Hook-Ups

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

Schools

Elementary
Silvermine
Middle / Jr High
West Rocks
High School
Norwalk

Taxes

Property tax
$15,596 (July 2025-June 2026)
Assessed value
$652,570

Interior

Basement
Crawl Space
Fireplaces
2
Total rooms
21

Building & Exterior

Style
Other
Roof
Asphalt Shingle
Siding
Shingle, Vinyl Siding
Exterior features
Shed, Gazebo, Deck, Gutters, Garden Area, Lighting
Foundation
Stone
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
Key Food0.64 mi away
Also nearby
Stew Leonard's1.06 mi away
Pharmacy
CVS Pharmacy0.66 mi away
Train
East Norwalk Station1.62 mi awayMetro-North Railroad
Bus stop
Norwalk WHEELS0.5 mi away · 10 min walk
Elementary
Silvermine
Middle
West Rocks
High school
Norwalk
~1.1 miKey Food — 0.64 miStew Leonard's — 1.06 miCVS Pharmacy — 0.66 miEast Norwalk — 1.62 miNorwalk WHEELS — 0.5 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 $850,000, ranging $655,000 to $1,175,000.

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 built1900
Living area2,333 sq ft
Total rooms9
Lot size0.43 acres
Stories2
HeatForced Air
ExteriorVinyl Siding
Assessed value$652,570
Town appraisal$932,240
Last recorded sale1999 — $250,000
Listing courtesy of Coldwell Banker Realty — Cal Massaro · (203) 452-3700

More homes in Norwalk

Closest in price to this one.

← Back to all Stamford listings