Under-Construction Duplex with Central
New
For Sale
$850,000
186 Jackson Avenue, Bridgeport, CT 06606
Multi-Family For Sale, Units on different Floors, Bridgeport, CT
Property Size4,625 SF
Lot Size0.09 Acres
Price / SF$183.78
Days on Market1
Property Features for 186 Jackson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
NX1
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 10, Bedroom 7, Bedroom 6, Bathroom 6, Bedroom 8, Bedroom 4, Basement, Bedroom 11, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 9, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 5, Bathroom 1
Basement
Full
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
MADISON AVE. TO JACKSON AVE.
Subdivision
Brooklawn
Standard status
Active
Size
4,625 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
999999
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
laundry area
Building Details
Year built
2026
Architectural style
Other
Listing Agency:
Keller Williams Prestige Prop. · Keller Williams Realty
(203) 327-6700
Listed By:
Nelly Cordova
(203) 816-1108
Added: Sep 3
Last Checked: Sep 3 at 11:06PM
MLS# 24203861
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 under-construction duplex is planned as a 4,625-square-foot multifamily property on a 0.09-acre parcel, with completion scheduled for 2026. The two residences provide distinct layouts: one includes 5 bedrooms, 3 bathrooms, and a bonus room, while the other has 6 bedrooms and 3 bathrooms. Both units are designed with open living areas, granite countertops, and their own laundry space. Central air is specified throughout.
The property carries NX1 zoning and is served by public water and public sewer. Its Bridgeport location offers access to public transportation, restaurants, and area attractions. The configuration supports separate occupancy of each residence within one duplex property.
The property carries NX1 zoning and is served by public water and public sewer. Its Bridgeport location offers access to public transportation, restaurants, and area attractions. The configuration supports separate occupancy of each residence within one duplex property.
Key Highlights
- Two‑unit duplex under construction with 4,625 square feet of building area
- Unit one includes 5 bedrooms, 3 bathrooms, and a bonus room
- Unit two offers 6 bedrooms and 3 bathrooms
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
$59,936
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
7.05%
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%
$1,198,720
$1.2M
Cap Rate 7%
$856,229
$856.2K
Cap Rate 9%
$665,956
$666.0K
Market Conditions
NOI Build-Up for 4,625 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
$91.6K $19.80/SF
− Vacancy
−$6.0K −$1.29/SF
EGI
$85.6K $18.51/SF
− OpEx
−$25.7K −$5.55/SF
NOI
$59.9K $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 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%
$1,198,720
Cap Rate 7%
$856,229
Cap Rate 9%
$665,956
Alternative Uses
Best Use
Multifamily LT 5
$856.2K
$749.2K – $998.9K
NOI $59,936 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$777.2K
$680.0K – $906.7K
NOI $54,403 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,405 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,443
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately arranged residences offer open interiors, granite countertops, and dedicated laundry areas.
Where is this duplex located?
The property is located at 186 Jackson Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑unit duplex under construction with 4,625 square feet of building area; Unit one includes 5 bedrooms, 3 bathrooms, and a bonus room; Unit two offers 6 bedrooms and 3 bathrooms
