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Updated Multifamily Opportunity in Bridgeport

391 Coleman Street Bridgeport, CT 06604

391 Coleman Street, Bridgeport, CT, 06604
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - Bridgeport, CT

Property Size2,830 SF
Lot Size0.07 Acres
Price / SF$335.69
AddedJan 14
Days on Market183
Last RefreshJul 16 at 12:06 am

Property Features for 391 Coleman Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
RB
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 1
Basement
Crawl Space
Standard status
Active
Size
2,830 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
2079

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
2026
Architectural style
Other

Listing agent Alexia Andrade License #RES.0815052

Listing office US Asset Realty 611 Access Road, Stratford, CT

Listing date Jan 14, 2026

MLS# 24148902 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.

Located in Bridgeport, this updated multifamily property at 391 Coleman Street offers modern living spaces. The property features open-concept layouts with updated kitchens, crisp white cabinetry, sleek countertops, and stainless steel appliances. Recessed lighting and hardwood-style flooring enhance the living areas. The floor plans maximize space and privacy, with multiple bedrooms, flexible living areas, and in-unit laundry. It is located near shopping, dining, parks, public transportation, and major highways. The property is suitable for multi-generational living, rental income, or a live-in investment strategy. The property contains 2,830 square feet and sits on a 0.07-acre lot.

Key Highlights

  • Multifamily property under construction with YearBuilt 2026
  • Central air cooling plus heat pump heating
  • Public water and public sewer

Local Financial Insights For Apartment 5plus

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 $63.8k $22.56
− Vacancy −$3.3k −$1.17
EGI $60.5k $21.39
− OpEx −$27.2k −$9.62
NOI $33.3k $11.76
2,830 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$475.6K
$416.1K – $554.8K (±1% cap)
NOI $33,289 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$807.7K
$706.8K – $942.4K (±1% cap)
NOI $56,542 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Acupuncture Gym & Fitness Center Home Appliance Store Locksmith (Bike/Boat/Book/etc) Store Real Estate Agency Skin Care Clinic Pet Grooming Service Restaurant Florist

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

FAQs

What type of property is this?
Multifamily property - Fully updated multifamily property in Bridgeport near shopping and transportation.
Where is this multifamily property located?
The property is located at 391 Coleman Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Multifamily property under construction with YearBuilt 2026; Central air cooling plus heat pump heating; Public water and public sewer
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