Two-Family Duplex with
For Sale
$749,500
1440 Wood Avenue, Bridgeport, CT 06604
Multi-Family For Sale, Units on different Floors, Bridgeport, CT
Property Size3,938 SF
Lot Size0.11 Acres
Price / SF$190.33
Days on Market68
Property Features for 1440 Wood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 6
Parking
4
Basement
Full, Partially Finished
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS
Subdivision
Brooklawn
Standard status
Active
Size
3,938 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8562
Utilities
Sewer type
Public Sewer
Heating system
Steam
Water source
Public
Building Details
Year built
1954
Architectural style
Other
Listing Agency:
Keller Williams Realty Prtnrs.
(203) 459-4663
Listed By:
Johncarlo Morales · License #REB.0793647
(203) 296-0299
Added: Jul 30
Changed: Oct 4
Last Checked: Oct 5 at 3:06PM
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.
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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
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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
