Two-Family Home with Finished
New
For Sale
$749,500
1440 Wood Avenue, Bridgeport, CT 06604
MULTI_FAMILY - Bridgeport, CT
Property Size3,938 SF
Lot Size0.11 Acres
Price / SF$190.33
Days on Market3
Property Features for 1440 Wood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Basement, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 4
Parking
4
Basement
Full, Partially Finished
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS
Subdivision
Brooklawn
Standard status
Active
Size
3,938 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8562
Utilities
Sewer type
Public Sewer
Heating system
Steam
Water source
Public
Building Details
Year built
1954
Architectural style
Other
Listing Agency:
Keller Williams Realty Prtnrs.
(203) 459-4663
Listed By:
Johncarlo Morales · License #REB.0793647
(203) 296-0299
Added: Jul 30
Changed: Aug 1
Last Checked: Aug 1 at 12:06PM
MLS# 24195395
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two-family home on 0.11 acres (3,938 SF) with a fully finished third floor and a finished basement that includes an in-law apartment. The second and third floors share utilities, and the first floor and basement share utilities as well. Hardwood floors run throughout the home, and the property includes a two-car garage. Heating is steam.
Built in 1954, the home is served by public water and public sewer.
The room layout includes multiple bedrooms and bathrooms across the home’s levels, with a basement component designed for additional living space. Located in Bridgeport, Connecticut (Brooklawn area).
Built in 1954, the home is served by public water and public sewer.
The room layout includes multiple bedrooms and bathrooms across the home’s levels, with a basement component designed for additional living space. Located in Bridgeport, Connecticut (Brooklawn area).
Key Highlights
- 0.11‑acre two‑family property totaling 3,938 SF
- Fully finished third floor plus finished basement in‑law apartment
- RA zoning
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.0k | $19.80 |
| − Vacancy | −$5.1k | −$1.29 |
| EGI | $72.9k | $18.51 |
| − OpEx | −$21.9k | −$5.55 |
| NOI | $51.0k | $12.96 |
3,938 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$729.0K
$637.9K – $850.6K
NOI $51,033 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$661.7K
$579.0K – $772.0K
NOI $46,322 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$1.12M
$983.5K – $1.31M
NOI $78,679 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 06604, CT
30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - RA-zoned two-family home with a finished third floor and an in-law basement apartment with shared utilities.
Where is this duplex located?
The property is located at 1440 Wood Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $749,500.
What are key features of this property?
This property features: 0.11‑acre two‑family property totaling 3,938 SF; Fully finished third floor plus finished basement in‑law apartment; RA zoning
