About 509-511 Roosevelt Drive
DERBY MULTIFAMILY INVESTMENT OPPORTUNITY - TWO UNITS, SIX BEDROOMS, IMMEDIATE FLEXIBILITY! Investors, owner-occupants, and portfolio builders-this is the opportunity you've been waiting for! 509-511 Roosevelt Drive is a substantial side-by-side two-family property offering an exceptional combination of scale, flexibility, and income-producing potential in Derby. Built in 1985 and positioned on a 0.23-acre corner lot, this property delivers approximately 2,592 square feet above grade with 12 total rooms across two separate units. Each unit offers 3 bedrooms, creating an attractive six-bedroom multifamily configuration. The roof was recently replaced in 2022. Unit 509 features recently remodeled 2 full bathrooms with 1st flr bathroom having a jacuzzi tub and also connections for an additional half bath in the unfinished basement, hardwood floors, fireplace and a connection for a pellet stove in the unfinished basement and a recently updated back deck. Unit 511 features recently remodeled kitchen with hardwood floors, remodeled 1 full and 1 half bathrooms, semi-finished basement, newer Anderson windows, back door and screen door with transferrable warranties and a powered retractable awning over the updated back deck. Click on icon below main image for 3D virtual tour, floor plans and drone ariel view.
Features of 509-511 Roosevelt Drive
| MLS® # | 24202817 |
|---|---|
| Price | $575,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 2,592 |
| Acres | 0.23 |
| Type | Multi-Family For Sale |
| Sub-Type | 2 Family |
| Style | Units are Side-by-Side |
| Status | Under Contract - Continue to Show |
Community Information
| Address | 509-511 Roosevelt Drive |
|---|---|
| Area | N/A |
| City | Derby |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06418 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Paved, Off Street Parking, Driveway |
| Is Waterfront | No |
| Waterfront | View |
| Has Pool | No |
Interior
| Heating | Hot Air, Oil |
|---|---|
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Has Basement | Yes |
| Basement | Partial, Full, Unfinished, Heated, Fully Finished, Partial With Hatchway, Concrete Floor, Full With Hatchway |
Exterior
| Exterior | Aluminum |
|---|---|
| Exterior Features | Deck, Gutters, Garden Area |
| Lot Description | Corner Lot, Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete |
School Information
| Elementary | Irving |
|---|---|
| Middle | Derby Middle |
| High | Derby |
Additional Information
| Date Listed | August 31st, 2026 |
|---|---|
| Days on Market | 25 |
| Zoning | R-5 |
| RE / Bank Owned | No |
Listing Details
| Office | Premier Properties of CT |
|---|