Two-Family Duplex With
1440 Wood, Bridgeport, CT 06604
For Sale
$749,500
Finished third-floor and basement living areas add flexibility to this two-family residential property.
Property Size1,954 SF
Price / SF$190.33
Days on Market104
Property Features for 1440 Wood
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Lease Term
Site & Location
Neighborhood
Utilities to Site
Additional Details
Gross Income
Amenities
hardwood floors
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Realty Prtnrs.
(203) 459-4663
Listed By:
Johncarlo Morales · License CT REB.0793647
(203) 296-0299
Source:
Iverty
Added: Jul 30
Changed: Nov 10
Last Checked: Nov 10 at 8:34AM
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 Keller Williams Realty Prtnrs.
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Investment Insights
Based on property information with market context.
This 3,938-square-foot duplex in Bridgeport is configured as a two-family home with additional finished living space on the third floor. The basement includes a finished in-law apartment, while the property also features hardwood flooring throughout and a two-car garage. The second and third floors share utilities, as do the first floor and basement.
Built in 1954, the property is located at 1440 Wood Avenue in the Brooklawn area of Bridgeport, CT. Shopping, dining, and transportation are located nearby, supporting convenient access to everyday services and regional travel.
Built in 1954, the property is located at 1440 Wood Avenue in the Brooklawn area of Bridgeport, CT. Shopping, dining, and transportation are located nearby, supporting convenient access to everyday services and regional travel.
Key Highlights
- 3,938 SF two‑family duplex in Bridgeport’s Brooklawn area
- Finished third floor provides additional living space
- Finished basement includes an in‑law apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,033
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,660
$1.0M
Cap Rate 7%
$729,043
$729.0K
Cap Rate 9%
$567,033
$567.0K
Market Conditions
NOI Build-Up for 3,938 SF
Gross rent
$78.0K $19.80/SF
− Vacancy
−$5.1K −$1.29/SF
EGI
$72.9K $18.51/SF
− OpEx
−$21.9K −$5.55/SF
NOI
$51.0K $12.96/SF
Area
Bridgeport, CT
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,020,660
Cap Rate 7%
$729,043
Cap Rate 9%
$567,033
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.
How Realmo checks its estimates
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Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
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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
$231,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bridgeport, CT
Properties on Market for Duplexes in Bridgeport
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Finished third-floor and basement living areas add flexibility to this two-family residential property.
Where is this duplex located?
The property is located at 1440 Wood 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: 3,938 SF two‑family duplex in Bridgeport’s Brooklawn area; Finished third floor provides additional living space; Finished basement includes an in‑law apartment
