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MLS 24202817 For Sale Open House Updated September 20, 2026
Open House An open house is scheduled — contact us for times.
509-511 Roosevelt Drive

Derby, Connecticut 06418

$575,000
On market 8 days
509-511 Roosevelt Drive
1 / 39

About This Property

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.

Property Details

Interior

Heat
Hot Air — Oil
Cooling
Central Air
Fireplaces
1
Basement
Partial,Full,Unfinished,Heated,Fully Finished,Partial With Hatchway,Concrete Floor,Full With Hatchway

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Waterfront
View
Exterior Features
Deck Gutters Garden Area
Lot Description
Corner Lot Level Lot
Garage & Parking
Paved Off Street Parking Driveway

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Irving
Middle
Derby Middle
High
Derby
Nearby Amenities
Health Club Lake Library Medical Facilities Park Public Rec Facilities Public Transportation

509-511 Roosevelt Drive

Derby , Connecticut 06418

$575,000

On market 8 days

Beds
6
Baths
4
SqFt
2,592
Type
Multi-Family
County New Haven
Garage -
Rooms -
Lot Size 0.23 Acres
Property Tax $9,130
Assessed Value $237,524
Year Built 1985
Style Units are Side-by-Side
Zoning R-5
Parking Spaces 4

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: 13423.

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