Two-Family Duplex with
1440 Wood Avenue, Bridgeport, CT 06604
For Sale
$749,500
Multi-Family For Sale, Units on different Floors, Bridgeport, CT
Property Size3,938 SF
Lot Size0.11 Acres
Price / SF$190.33
Days on Market104
Property Features for 1440 Wood Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Basement
Lot features
Elementary school
High school
Directions
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Architectural style
Listing Agency:
Keller Williams Realty Prtnrs.
(203) 459-4663
Listed By:
Johncarlo Morales · License CT REB.0793647
(203) 296-0299
Added: Jul 30
Changed: Nov 8
Last Checked: Nov 10 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
Located at 1440 Wood Avenue in Bridgeport, this 3,938-square-foot duplex was built in 1954 and includes two dwelling units. The property has hardwood floors throughout, a two-car garage, a finished third floor, and a finished basement. Steam heat serves the building, with public water and public sewer. The first floor and basement share utilities, while the second and third floors share a separate utility arrangement.
The second-floor unit is occupied, while the third floor and basement are vacant. The property includes eight bedrooms and three bathrooms across the listed rooms. Shopping, dining, and transportation are described as nearby. Zoning is RA, and the lot contains 0.11 acres.
The second-floor unit is occupied, while the third floor and basement are vacant. The property includes eight bedrooms and three bathrooms across the listed rooms. Shopping, dining, and transportation are described as nearby. Zoning is RA, and the lot contains 0.11 acres.
Key Highlights
- 3,938‑square‑foot duplex on a 0.11‑acre lot
- Two‑family property with eight bedrooms and three bathrooms
- Finished third floor and finished basement
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.
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Lease Details
2
Residential units
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 - Multi-level residential income property with hardwood flooring, finished lower-level space, and public water and sewer.
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: 3,938‑square‑foot duplex on a 0.11‑acre lot; Two‑family property with eight bedrooms and three bathrooms; Finished third floor and finished basement
