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    Bridgeport Four-Family Multi-Unit Property

    249 East Avenue Bridgeport, CT 06610

    249 East Avenue, Bridgeport, CT, 06610
    $1,079,000
    For Sale
    Claim this Listing
    $1,079,000

    MULTI_FAMILY - Bridgeport, CT

    Property Size4,758 SF
    Lot Size0.24 Acres
    Price / SF$226.78
    AddedMay 10
    Days on Market67
    Last RefreshJul 15 at 6:06 pm

    Property Features for 249 East Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RB
    Bedrooms
    10
    Bathrooms
    6
    Rooms
    Bedroom 9, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 10, Bedroom 3, Bathroom 6, Bedroom 2, Bedroom 5, Bathroom 5, Basement, Bedroom 7, Bathroom 1, Bedroom 1
    Parking
    9
    Basement
    Full
    Standard status
    Active
    Size
    4,758 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    15911

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1987
    Architectural style
    Other

    Listing agent Xiaoming Li

    Listing office Real Broker CT, LLC 100 Pearl Street, 14th Floor, Hartford, CT

    Listing date May 10, 2026

    MLS# 24174384 Listing URL

    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.

    This four-family multi-unit property is located in Bridgeport, Connecticut. It features four units: two 3-bedroom, 2-bath townhouse-style units and two 2-bedroom, 1-bath units, which include a large lower level. Each unit has hardwood floors and washer/dryer hookups. The property includes a detached garage with four separate bays. Each unit is individually metered for water and sewer, with tenants responsible for their own electric, gas, and water bills. The lot size is 0.24 acres, and the property size is 4758 square feet. The zoning is RB.

    Key Highlights

    • 4‑family multi‑unit built in 1987 with townhouse‑style 3BR/2BA units and 2BR/1BA units.
    • Two 3‑bedroom, 2‑bath townhouse‑style units plus two 2‑bedroom, 1‑bath units, each with a large lower level.
    • Each unit has hardwood floors and washer/dryer hookups for added convenience.

    Local 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 $94.2k $19.80
    − Vacancy −$6.1k −$1.29
    EGI $88.1k $18.51
    − OpEx −$26.4k −$5.55
    NOI $61.7k $12.96
    4,758 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $880.8K
    $770.7K – $1.03M (±1% cap)
    NOI $61,659 @ 7.0% cap · market cap 5.71%
    Second Best
    Apartment 5plus
    $799.5K
    $699.6K – $932.8K (±1% cap)
    NOI $55,967 @ 7.0% cap · market cap 5.19%
    Theoretical Best
    Office A
    $1.36M
    $1.19M – $1.58M (±1% cap)
    NOI $95,063 @ 7.0% cap · market cap 8.81%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop Computer & Electronic Repair Spa & Massage Center Acupuncture

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Quadplex - Four units with detached garage in Bridgeport, Connecticut.
    Where is this quadplex located?
    The property is located at 249 East Avenue Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $1,079,000.
    What are key features of this property?
    This property features: 4‑family multi‑unit built in 1987 with townhouse‑style 3BR/2BA units and 2BR/1BA units.; Two 3‑bedroom, 2‑bath townhouse‑style units plus two 2‑bedroom, 1‑bath units, each with a large lower level.; Each unit has hardwood floors and washer/dryer hookups for added convenience.
    Contact an agent
    (917) 623-6536
    We can help!
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    Xiaoming Li
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