5 Phillips Street
Norwalk, CT 06850
- Studio
- 3,398 sqft (on 0.34 acres)
Studio
3,398 sqft
(on 0.34 acres)
Local Information
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Description
Unlock the potential of this promising fixer-upper, multi-family property boasting 6 bedrooms and 3 baths on an expansive one-third-acre. Perfectly situated in a prime location, this property presents an ideal canvas for developers and builders looking to capitalize on the demand for larger buildings in the area. Spacious Layout: With 6 bedrooms and 3 baths, this property offers ample space for creative renovations and customization. Prime Location: This fixer-upper is strategically positioned for a larger building project. Take advantage of the burgeoning demand in the neighborhood and transform this property into a profitable investment. Expansive Lot: Sitting on a generous one-third-acre lot, there's plenty of room for expansion. Ideal for creating a distinctive property that stands out in the market. Profitable Outcome: With the right vision and execution, this fixer-upper has the potential to yield a substantial return on investment, making it a lucrative venture for seasoned builders. We have multiple offers, therefore we are asking for highest and best offers in by Friday Jan 5th at 5pm. Don't miss the chance to turn this fixer-upper into a masterpiece. Explore the potential and envision the future of this property. We have multiple offers, therefore we are asking for highest and best offers in by Friday Jan 5th at 5pm.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 24, 2024
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 5 Phillips Street
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Interior Details Basement: Full,Finished,Heated,Interior Entry,Apartment,Liveable Space |
Dimensions and Layout Living Area: 3398 Square Feet |
Appliances & Utilities Appliances: Water Heater |
Heating & Cooling Heating: Forced Air,OilHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Has a Fireplace |
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Exterior Home Features Roof: AsphaltPatio / Porch: PorchOther Structures: Shed(s)Foundation: BlockNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Carport |
Frontage Waterfront: Beach AccessNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1890 Square FeetFinished Area (below surface): 1508 Square Feet |
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Year Built Year Built: 1946 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Units on different Floors |
Building Construction Materials: Wood SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 230786 |
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Price List Price: $550,000 |
Status Change & Dates Off Market Date: Wed Jan 17 2024Possession Timing: Negotiable |
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MLS Status: Closed |
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Direction & Address City: NorwalkCommunity: Spring Hill |
School Information Elementary School: Per Board of EdJr High / Middle School: Per Board of EdHigh School: Per Board of Ed |
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Building Area Building Area: 3398 Square Feet |
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Community Features: Library, Medical Facilities, Near Public Transport, Shopping/Mall |
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Lot Area: 0.34 acres |
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BasementMls Number: 170616146Attic: Pull Down StairsAbove Grade Unfinished Area: 1890 |
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LibraryMedical FacilitiesNear Public TransportShopping/Mall |
Last check for updates: about 5 hours ago
Listed by Susan Hanson, (203) 247-3763
William Raveis Real Estate, (203) 847-6633
Bought with: Todd Turcotte, (203) 849-8100, Milligan Realty.com, (203) 849-8100
Source: Smart MLS, MLS#170616146

Price History for 5 Phillips Street
| Date | Price | Event | Source |
|---|---|---|---|
| 02/06/2024 | $760,000 | Sold | Smart MLS #170616146 |
| 01/25/2024 | $550,000 | PendingToActive | William Raveis Real Estate, Mortgage & Insurance #170616146 |
| 01/08/2024 | $550,000 | Pending | William Raveis Real Estate, Mortgage & Insurance #170616146 |
| 12/27/2023 | $550,000 | Listed For Sale | Smart MLS #170616146 |
Market trends in Norwalk
Last updated May 2026
Avg. sale price
$634K
$11.5KMoM
Sale-to-List Price
101.1%
Price per sq ft
$390
$0MoM
Available listings
199
27MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $10,783 |
| Assessment | $451,170 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$3,197/mo
Homes for rent near 5 Phillips Street
See what comparable homes in the neighborhood are renting for.Comparable Sales for 5 Phillips Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $665,000 | 07/17/25 | 4 | 2 | 2,695 | |
0.23 | Multi-Family Home | $890,000 | 08/14/25 | 4 | 3 | 2,100 | |
0.19 | Multi-Family Home | $800,000 | 08/28/25 | 4 | 3 | 2,311 | |
0.09 | Multi-Family Home | $745,000 | 05/06/26 | 3 | 2 | 1,824 | |
0.18 | Multi-Family Home | $775,000 | 08/08/25 | 5 | 3 | 1,620 | |
0.45 | Multi-Family Home | $950,000 | 10/23/25 | 5 | 4 | 3,317 | |
0.53 | Multi-Family Home | $820,000 | 03/12/26 | 5 | 3.5 | 2,148 | |
0.27 | Multi-Family Home | $692,000 | 02/25/26 | 4 | 2 | 1,742 | |
0.54 | Multi-Family Home | $949,875 | 04/15/26 | 6 | 5 | 2,475 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5 Phillips Street.
What Locals Say about Norwalk
At least 908 Trulia users voted on each feature.
84 % Say it's dog friendly
80 % Say car is needed
72 % Say parking is easy
71 % Say there are sidewalks
69 % Say there's holiday spirit
66 % Say yards are well-kept
63 % Say it's walkable to restaurants
62 % Say streets are well-lit
62 % Say people would walk alone at night
60 % Say it's quiet
58 % Say kids play outside
54 % Say they plan to stay for at least 5 years
53 % Say it's walkable to grocery stores
52 % Say neighbors are friendly
47 % Say there's wildlife
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 5 Phillips Street
Off Market Homes Near 5 Phillips Street

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
5 Phillips Street, Norwalk, CT 06850 is a studio, 3,398 sqft multi-family built in 1946. This property is not currently available for sale. 5 Phillips Street was last sold on Feb 6, 2024 for $760,000 (38% higher than the asking price of $550,000). The current Trulia Estimate for 5 Phillips Street is $967,700.