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Bridgeport Multifamily Investment Opportunity

157-163 Sage Avenue, Bridgeport, CT 06610

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For Sale

Under Contract

$739,900

MULTI_FAMILY - Bridgeport, CT

Property size:

4,288 SF

Lot size:

0.11 Acres

Price / SF:

$172/SF

Listing Contact

Paul Ferreira

Real Estate License ID: RES.0756087

HighLights

4‑family home with 20 rooms, 8 bedrooms, and 3 bathrooms plus a 1‑unit availability set for May 1, 2026 for an owner occupant
Total 6,946 SF with 4,288 SF living space and a 1,664 SF basement for storage
On a 5,000 SF lot (0.11 acres) with porch, rear deck, gutters, and exterior lighting
Public water and public sewer
Recent updates include a 2025 rear deck and a 2017 architectural shingle roof (35‑year)
Heating and equipment updates noted: hot water tanks (2020–2016) and furnaces (2020–2014)

For Sale

Under Contract

$739,900

MULTI_FAMILY - Bridgeport, CT

Property size:

4,288 SF

Lot size:

0.11 Acres

Price / SF:

$172/SF

Added:: Apr 15, 2026
Days on Market:: 57
Last Refresh:: Jun 10 at 11:06 pm

Property Features for 157-163 Sage Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RB
Bedrooms: 8
Bathrooms: 4
Rooms: Bathroom 1, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Basement, Bedroom 2
Patio and Porch features: Porch
Exterior features: Sidewalk,Porch,Deck,Gutters,Lighting
Basement: Full, Unfinished
Standard status: Active Under Contract
Size: 4,288 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 11305

Utilities

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

Building Details

Year built: 1919
Architectural style: Other

We can help!

Listing Contact

Paul Ferreira

Listing agent Paul Ferreira License #RES.0756087

Listing office RE/MAX Right Choice 105 Technology Drive, Suite 1a, Trumbull, CT

Listing date Apr 15, 2026

MLS# 24162117 Listing URL

HighLights

4‑family home with 20 rooms, 8 bedrooms, and 3 bathrooms plus a 1‑unit availability set for May 1, 2026 for an owner occupant
Total 6,946 SF with 4,288 SF living space and a 1,664 SF basement for storage
On a 5,000 SF lot (0.11 acres) with porch, rear deck, gutters, and exterior lighting
Public water and public sewer
Recent updates include a 2025 rear deck and a 2017 architectural shingle roof (35‑year)
Heating and equipment updates noted: hot water tanks (2020–2016) and furnaces (2020–2014)

Overview

This four-family property features a total of 20 rooms, including 8 bedrooms and 3 bathrooms. The building offers 4,288 square feet of living space, complemented by a 1,664 square foot basement suitable for storage. The property is situated on a 5,000 square foot lot, equivalent to 0.11 acres. One unit will be available for owner occupancy starting May 1, 2026. Noteworthy updates include a rear deck completed in 2025 at a cost of $44,000, hot water tank replacements between 2016 and 2020 at $1,800 each, furnace updates between 2014 and 2020, and the installation of a 35-year architectural shingle roof in 2017. The location provides convenient access to various amenities, being 0.9 miles from major shopping centers, Starbucks, Dunkin' Donuts, and restaurants. It is also 6.75 miles from the Merritt Parkway, 3.9 miles from Stratford train station, 4.8 miles from I-95 North and South ramps, 1.9 miles from Bridgeport Yale hospital, and 5.2 miles from Short Beach.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$84.9k	$19.80
− Vacancy	−$5.5k	−$1.29
EGI	$79.4k	$18.51
− OpEx	−$23.8k	−$5.55
NOI	$55.6k	$12.96

4,288 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$793.8K

$694.6K – $926.2K (±1% cap)

NOI $55,569 @ 7.0% cap · market cap 7.51%

Second Best

Apartment 5plus

$720.6K

$630.5K – $840.7K (±1% cap)

NOI $50,439 @ 7.0% cap · market cap 6.82%

Theoretical Best

Office A

$1.22M

$1.07M – $1.43M (±1% cap)

NOI $85,672 @ 7.0% cap · market cap 11.58%

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

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Bridgeport
County: Fairfield
State: Connecticut
Longitude: -73.155884
Latitude: 41.192139

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For sale
Quadplexes
CT
Bridgeport
06610
157-163 Sage Avenue

What type of property is this?

Quadplex - Four-unit property with updated features and convenient location.

Where is this quadplex located?

The property is located at 157-163 Sage Avenue Bridgeport, CT.

What is the asking price?

The asking price for this property is $739,900.

What are key features of this property?

This property features: 4‑family home with 20 rooms, 8 bedrooms, and 3 bathrooms plus a 1‑unit availability set for May 1, 2026 for an owner occupant; Total 6,946 SF with 4,288 SF living space and a 1,664 SF basement for storage; On a 5,000 SF lot (0.11 acres) with porch, rear deck, gutters, and exterior lighting

157-163 Sage Avenue, Bridgeport, CT 06610

MULTI_FAMILY - Bridgeport, CT

Property Features for 157-163 Sage Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Warehouse for Owner-Operator Use

Versatile Commercial Building in Bridgeport

Corner Lot Drive-Through Retail

Church-Flex Commercial Building

Bridgeport Four-Family Multi-Unit Property

Bridgeport Mixed-Use Investment Opportunity

Bridgeport Mixed-Use Investment Opportunity

Spacious Multifamily Property in Bridgeport

Renovated Bridgeport Multi-Family Home

Bridgeport Multifamily Mixed-Use Opportunity

Multifamily Mixed-Use Opportunity in Bridgeport

Renovated Duplex in Desirable Neighborhood

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