Side-by-Side
194 Adams Street, Bridgeport, CT 06607
For Sale
$510,000
Multi-Family For Sale, Units are Side-by-Side, Bridgeport, CT
Property Size2,936 SF
Lot Size0.12 Acres
Price / SF$173.71
Days on Market55
Property Features for 194 Adams Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Elementary school
High school
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Architectural style
Listing Agency:
mygoodagent
(888) 257-8265
Listed By:
Olivia Barham
(475) 243-6066
Added: Sep 14
Changed: Nov 5
Last Checked: Nov 7 at 3:06PM
MLS# 24207150
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 side-by-side duplex contains 2,936 square feet on a 0.12-acre parcel. Built in 1923, the property includes four listed bedrooms, two bathrooms, a basement, and window-unit cooling. The layout supports two attached residential units within a compact multifamily configuration.
The property is served by public water and public sewer and is zoned RBB. Its Bridgeport location places the asset within Fairfield County, Connecticut, with the address at 194 Adams Street.
The property is served by public water and public sewer and is zoned RBB. Its Bridgeport location places the asset within Fairfield County, Connecticut, with the address at 194 Adams Street.
Key Highlights
- Side‑by‑side duplex configuration
- 2,936 square feet on a 0.12‑acre parcel
- Built in 1923
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,048
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,960
$761.0K
Cap Rate 7%
$543,543
$543.5K
Cap Rate 9%
$422,756
$422.8K
Market Conditions
NOI Build-Up for 2,936 SF
Gross rent
$58.1K $19.80/SF
− Vacancy
−$3.8K −$1.29/SF
EGI
$54.4K $18.51/SF
− OpEx
−$16.3K −$5.55/SF
NOI
$38.0K $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%
$760,960
Cap Rate 7%
$543,543
Cap Rate 9%
$422,756
Alternative Uses
Best Use
Multifamily LT 5
$543.5K
$475.6K – $634.1K
NOI $38,048 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$493.4K
$431.7K – $575.6K
NOI $34,536 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$838.0K
$733.3K – $977.7K
NOI $58,660 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
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Business Placement
Demographics for 06607, CT
8,690
Population
2,696
Households
3.2
Avg Household Size
33
Median Age
7%
College-Educated
75%
High-School Grad
1.2 sq mi
ZIP Area
7,242
Density / Sq Mi
$49,555
Median Household Income
$32,000
Median Earnings
$1,398
Median Rent
$218,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bridgeport, CT
Properties on Market for Duplexes in Bridgeport
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units share a side-by-side layout with public water and sewer service.
Where is this duplex located?
The property is located at 194 Adams Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Side‑by‑side duplex configuration; 2,936 square feet on a 0.12‑acre parcel; Built in 1923
