Renovated Side-by-Side
For Sale
$599,900
180 Dupont Place, Bridgeport, CT 06611
Multi-Family For Sale, Units are Side-by-Side, Bridgeport, CT
Property Size1,620 SF
Lot Size0.16 Acres
Price / SF$370.31
Days on Market100
Property Features for 180 Dupont Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Patio and Porch features
Patio
Exterior features
Awnings,Porch,Patio
Basement
Crawl Space
Lot features
Level Lot, On Cul- De- Sac
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS 180 DuPont Pl
Subdivision
Treeland
Standard status
Active
Size
1,620 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7592
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
in-unit laundry
fenced yard
Building Details
Year built
1942
Architectural style
Other
Listing Agency:
RE/MAX Right Choice · RE/MAX International
(203) 268-1118
Listed By:
Basil Amso · License #RES.0777456
(203) 209-3818
Added: May 22
Changed: Aug 23
Last Checked: Aug 29 at 8:06PM
MLS# 24177735
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.
This side-by-side duplex offers 1,620 square feet across two residential units on a 0.16-acre parcel. The property was rebuilt in 2018 following a full interior renovation, with updated kitchens, bathrooms, flooring, windows, doors, trim, lighting, electrical, and plumbing. Each unit includes a kitchen with white shaker cabinetry, stainless steel appliances, and Carrera white quartz countertops, along with in-unit laundry and a modern tiled bathroom.
The property sits on a quiet cul-de-sac in Bridgeport and includes a large fenced yard, patio, and porch. Separate newly paved driveways serve the two units, while an extra-large 2-car garage provides additional covered parking and storage. Building systems include two high-efficiency gas furnaces and water heaters. Public water and public sewer serve the property, which was built in 1942 and is zoned RA.
The property sits on a quiet cul-de-sac in Bridgeport and includes a large fenced yard, patio, and porch. Separate newly paved driveways serve the two units, while an extra-large 2-car garage provides additional covered parking and storage. Building systems include two high-efficiency gas furnaces and water heaters. Public water and public sewer serve the property, which was built in 1942 and is zoned RA.
Key Highlights
- Side‑by‑side duplex with 1,620 square feet of property size
- Full gut renovation completed in 2018
- 0.16‑acre lot on a quiet cul‑de‑sac in Bridgeport
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,880
$419.9K
Cap Rate 7%
$299,914
$299.9K
Cap Rate 9%
$233,267
$233.3K
Market Conditions
NOI Build-Up for 1,620 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.1K $19.80/SF
− Vacancy
−$2.1K −$1.29/SF
EGI
$30.0K $18.51/SF
− OpEx
−$9.0K −$5.55/SF
NOI
$21.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,880
Cap Rate 7%
$299,914
Cap Rate 9%
$233,267
Alternative Uses
Best Use
Multifamily LT 5
$299.9K
$262.4K – $349.9K
NOI $20,994 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K
NOI $19,056 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,367 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 06611, CT
36,835
Population
12,468
Households
3
Avg Household Size
43
Median Age
60%
College-Educated
95%
High-School Grad
23.3 sq mi
ZIP Area
1,581
Density / Sq Mi
$163,227
Median Household Income
$75,795
Median Earnings
$2,292
Median Rent
$495,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate driveways, private outdoor space, and substantial interior updates.
Where is this duplex located?
The property is located at 180 Dupont Place Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 1,620 square feet of property size; Full gut renovation completed in 2018; 0.16‑acre lot on a quiet cul‑de‑sac in Bridgeport
