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. The current business is not part of the sale.

Facts and features

Schools

• West Rocks Middle School

  middle · 6-8 · 0.5 mi

  5

• Silvermine Dual Language Magnet School

  elementary · K-5 · 1.3 mi

  4

• Norwalk High School

  high · 9-12 · 1.9 mi

  3

• All Saints Catholic School

  elementary · K-8 · 0.5 mi

• Winston Preparatory School

  elementary · 1 · 0.6 mi

• Oakbridge School Community Solutions

  middle · 7-12 · 0.6 mi

Price history

• May 1, 2026 · Listed$950,000

Tax history

• 2026$14,872 tax · $612,640 assessed
• 2023$12,566 tax · $499,430 assessed
• 2022$12,332 tax · $499,430 assessed
• 2021$12,012 tax · $499,430 assessed
• 2020$12,005 tax · $499,430 assessed
• 2019$11,669 tax · $499,430 assessed
• 2018$9,149 tax · $343,130 assessed
• 2017$8,834 tax · $343,120 assessed

Home value

$940,000

• Collateral Analytics$940,000
• Cotality$971,100

Where it is