Welcome to 40 1st Street in the highly sought-after East Norwalk section of Norwalk. This beautifully maintained two-family home presents an exceptional opportunity for investors or owner-occupants seeking strong rental potential and a prime coastal location. The property features one 2-bedroom, 1.5-bath unit and one 3-bedroom, 1.5-bath unit, both offering central air conditioning and in-unit laundry for modern comfort and convenience. Each unit also enjoys its own separate basement, providing ample storage space and added functionality. A detached three-car garage offers rare and valuable off-street parking, additional storage, or potential workspace. Ideally situated within walking distance to local restaurants, shops, and the waterfront, this home combines neighborhood charm with coastal living. Whether you're looking to occupy one unit and rent the other or expand your investment portfolio, this is a fantastic opportunity in one of Norwalk's most desirable neighborhoods.
Listed by Robbie Salvatore
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Coldwell Banker Realty
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(203) 223-4264
Last updated March 05, 2026
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Source: SmartMLS #24155945
Listing Facts
TypeMulti-family
NeighborhoodEast Norwalk
Bedrooms5
Bathrooms4
Days on Prevu17
Taxes$14,317/year
Size1,988 sqft
Price per sqft$440
Location
Mortgage Calculator
Listing History
03/06/2026
Status changed to Active
$875,000
03/05/2026
Status changed to Removed from Feed
$875,000
02/26/2026
Listed by Coldwell Banker Realty
$875,000
Property Details for 40 1st Street
Exterior
Construction
New Construction: No/Resale
Number Of Units Total: 2
Roof: Asphalt Shingle
Year Built: 1880
Year Built Details: Public Records
Architectural Style: Units are Side-by-Side
Construction Materials: Frame
Features
Waterfront Features: Not Applicable
Measurements
Lot Features: Level Lot
Lot Size Acres: 0.17
Financial
Taxes
Parcel Number: 237207
Tax Annual Amount: $14,317.00
Tax Year: 25
Interior
Measurements
Living Area: 1,988
Rooms
Basement: Full
Bathrooms Full: 2
Bathrooms Half: 2
Bathrooms Total Integer: 4
Bedrooms Total: 5
Rooms Total: 11
Parking
Parking
Attached Garage: Detached Garage
Garage Spaces: 3
Schools
Elementary School
Elementary School: Per Board Of Ed
High School
High School: Per Board Of Ed
Utilities
Equipment
Cooling: Central Air
Heating: Hot Air
Sewer: Public Sewer Connected
Water Source: Public Water Connected
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 4 bathrooms in this multi-family home at 40 1st Street.
What schools are nearby to 40 1st Street?
Nearby schools include the Per Board Of Ed Elementary School and Per Board Of Ed High School.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 40 1st Street.
What are the annual taxes for 40 1st Street?
Annual taxes for this multi-family home are estimated at $14,317.
How does 40 1st Street compare to other multi-family homes in East Norwalk?
This multi-family home is listed 18% above the average price for multi-family homes in East Norwalk and has been on the market for 52 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,988 sqft.
40 1st Street is a 5-bedroom, 4-bath multi-family home for sale in Norwalk CT 06855. Available on Prevu for 17 days at $875,000. This property features 1,988 square feet of living space, located in East Norwalk. The median listing price for multi-family homes in this area is $789,450. Nearby schools include Per Board Of Ed Elementary School and Per Board Of Ed High School. Explore more multi-family home listings in Norwalk.
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