Discover the latest multi family homes for sale in Greenwich, offering a rare opportunity to own income-producing property in one of Connecticut’s most desirable and high-demand communities. From two- and three-family homes in neighborhoods like Byram, Chickahominy, Cos Cob, and Glenville to properties just minutes from Metro-North and Greenwich Avenue, these homes are ideal for investors and owner-occupants alike, and Barbara Zaccagnini provides the local expertise to help you find the right fit. Browse current listings below and contact Barbara today to schedule a showing.
Located in the southwestern corner of Fairfield County along Long Island Sound, Greenwich is one of the most prestigious and desirable communities in the Northeast. While the town is famous for its grand estates and waterfront homes, it also offers a unique selection of multi-family properties that provide an excellent path to homeownership and income generation. Greenwich, CT multi family homes for sale include classic two-family homes, three- and four-unit properties, and mixed-use buildings in walkable neighborhoods close to shopping, schools, and transportation. Whether you’re an investor looking for strong rental demand or a buyer hoping to offset living costs by renting additional units, Greenwich offers compelling opportunities.
Byram: A close-knit waterfront neighborhood near the New York border with many two-family homes and easy access to Byram Beach.
Chickahominy: A historic area close to downtown Greenwich, known for its multi-family homes and strong rental demand.
Glenville and Pemberwick: Residential neighborhoods with a mix of single and multi-family homes, parks, and convenient shopping.
Cos Cob: Offers a variety of multi-family properties near the train station, the harbor, and local restaurants.
Central Greenwich: Mixed-use and multi-unit buildings close to Greenwich Avenue, ideal for tenants who value walkability.
The Greenwich multi-family market benefits from consistently strong rental demand, driven by commuters, healthcare workers at Greenwich Hospital, finance professionals, and families drawn to the town’s schools and amenities. Because these properties are relatively limited in number, well-maintained multi-family homes in convenient locations tend to attract significant interest from both investors and owner-occupants. Buyers should carefully review rent rolls, existing leases, zoning compliance, and the legal number of units before making an offer, as well as inspect older homes for updates to heating, electrical, and plumbing systems. Greenwich is also known for having one of the lowest property tax rates in Connecticut, which can help improve long-term returns, and working with an experienced local agent ensures you make an informed investment decision.
With its prime location, strong rental market, and timeless appeal, Greenwich offers outstanding opportunities for multi-family investment and homeownership. Browse the latest Greenwich, CT multi family homes for sale and contact Barbara Zaccagnini today to find the right property for your goals.
Greenwich multi family inventory is mostly two- and three-family houses, along with some four-unit buildings and a few larger investment properties. Examples include a two-family home in the Byram section, a downtown five-unit building listed with a 5.5% cap rate, and a rare four-unit property in the Chickahominy neighborhood.
Most two- and three-family homes sell between roughly $700,000 and $1.7 million, depending on size, condition, and location. Recent closings include a 7-bedroom, 5-bath multi family on Gerry Street that sold for $1,625,000, and a two-unit home on North Water Street that sold for $1,131,000, while larger investment buildings can reach seven figures higher.
They are concentrated in Byram, Glenville, Chickahominy, Cos Cob, and the downtown streets near Greenwich Avenue and the train station, such as Church Street and Alexander Street. These areas generally offer lower entry prices than the rest of Greenwich, with easy access to shopping, dining, and Metro-North.
Yes, many buyers purchase a two- to four-unit property to live in one unit and rent out the rest, and some listings are marketed for exactly this. One downtown listing, for example, is pitched to investors or end-users who want steady rental income or multi-generational living.
Property taxes on Greenwich multi family homes are often modest relative to price, with recent listings showing annual bills of about $5,039 to $8,846. Owners also cover insurance, maintenance, and utilities for the building, along with any vacancy and management costs if units are rented.
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.
Let's Connect
