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Updated Two-Family Duplex
New
For Sale
$639,900

147 Trumbull Avenue, Bridgeport, CT 06606

Multi-Family For Sale, Units on different Floors, Bridgeport, CT

Property Size2,464 SF
Lot Size0.11 Acres
Price / SF$259.70
Days on Market2

Property Features for 147 Trumbull Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RA
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bedroom 2, Bedroom 1, Bedroom 6
Basement Full
Lot features Level Lot
Elementary school Per Board of Ed
High school Per Board of Ed
Directions Trumbull ave
Standard status Active
Size 2,464 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8619

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1967
Architectural style Other
Listing Agency: Davis Owen Real Estate
Listed By: Davis Owen
Added: Oct 23 Last Checked: Oct 24 at 6:06PM
MLS# 24216578

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.

This duplex contains two residential units with a combined 2,464 square feet of building area on a 0.11-acre parcel. The interiors of both units have been updated, and the room information lists six bedrooms and two bathrooms. The property was built in 1967 and has hot water heating.

Located at 147 Trumbull Avenue in Bridgeport, the property is zoned RA and served by public water and public sewer.

Key Highlights

  • Two‑family duplex with 2,464 square feet of building area
  • Both units have updated interiors
  • Six bedrooms and two bathrooms listed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,931
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$638,620 $638.6K
Cap Rate 7%
$456,157 $456.2K
Cap Rate 9%
$354,789 $354.8K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$48.8K $19.80/SF
− Vacancy
−$3.2K −$1.29/SF
EGI
$45.6K $18.51/SF
− OpEx
−$13.7K −$5.55/SF
NOI
$31.9K $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%
$638,620
Cap Rate 7%
$456,157
Cap Rate 9%
$354,789

Alternative Uses

Best Use
Multifamily LT 5
$456.2K
$399.1K – $532.2K (±1% cap)
NOI $31,931 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$414.0K
$362.3K – $483.1K (±1% cap)
NOI $28,983 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$703.3K
$615.4K – $820.5K (±1% cap)
NOI $49,230 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 06606, CT

48,427
Population
19,002
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
82%
High-School Grad
5.3 sq mi
ZIP Area
9,137
Density / Sq Mi
$68,538
Median Household Income
$35,128
Median Earnings
$1,434
Median Rent
$272,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two refreshed units offer a flexible residential income configuration with hot water heating.
Where is this duplex located?
The property is located at 147 Trumbull Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Two‑family duplex with 2,464 square feet of building area; Both units have updated interiors; Six bedrooms and two bathrooms listed
More about this property
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