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Two-Family Home with Garage

1232-1234 Reservoir Avenue Bridgeport, CT 06606

1232-1234 Reservoir Avenue, Bridgeport, CT, 06606

$520,000

For Sale

$520,000

Two-unit property with garage and ample parking.

Property Size2,044 SF

Price / SF$254.40

AddedApr 26

Days on Market82

Last RefreshJul 15 at 1:41 pm

Property Features for 1232-1234 Reservoir Avenue

General Information

Standard status: Active
Size: 2,044 SF
Property subtype: Multi-Family / 2 Family

Building Details

Year Built: 1953

Listing office William Pitt Sotheby's Int'l

Listing date Apr 26, 2026

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l

Investment Insights

Based on property information with market context.

This two-family home features 2,044 square feet of living space, along with a detached two-car garage and a private driveway with ample parking. The main and upper floor units mirror each other, each offering two bedrooms, one full bathroom, a living room, and an eat-in kitchen. The current rent is $1,600 per month. The finished lower level provides approximately 400 square feet of additional living space and includes a pool table that will remain with the property. Both tenant groups share the lower level, where the common laundry area is located. This property presents an opportunity to own an investment property. The tenants will convey with the sale.

Key Highlights

Investment property opportunity in Bridgeport with existing tenants.
Two units, each with two bedrooms, one bath, living room, and eat‑in kitchen.
Large, two‑car detached garage and ample private driveway parking.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$40.5k	$19.80
− Vacancy	−$2.6k	−$1.29
EGI	$37.8k	$18.51
− OpEx	−$11.4k	−$5.55
NOI	$26.5k	$12.96

2,044 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$378.4K

$331.1K – $441.5K (±1% cap)

NOI $26,488 @ 7.0% cap · market cap 5.09%

Second Best

Apartment 5plus

$343.5K

$300.5K – $400.7K (±1% cap)

NOI $24,043 @ 7.0% cap · market cap 4.62%

Theoretical Best

Office A

$583.4K

$510.5K – $680.6K (±1% cap)

NOI $40,838 @ 7.0% cap · market cap 7.85%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
CT
Bridgeport
06606
1232-1234 Reservoir Avenue

What type of property is this?

Duplex - Two-unit property with garage and ample parking.

Where is this duplex located?

The property is located at 1232-1234 Reservoir Avenue Bridgeport, CT.

What is the asking price?

The asking price for this property is $520,000.

What are key features of this property?

This property features: Investment property opportunity in Bridgeport with existing tenants.; Two units, each with two bedrooms, one bath, living room, and eat‑in kitchen.; **Large, two‑car detached garage and ample private driveway parking.**