Side-by-Side
For Sale
$530,000
194 Adams Street, Bridgeport, CT 06607
Multi-Family For Sale, Units are Side-by-Side, Bridgeport, CT
Property Size2,936 SF
Lot Size0.12 Acres
Price / SF$180.52
Days on Market22
Property Features for 194 Adams Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RBB
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Basement
Basement
Full, Unfinished
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
Stratford ave to Seaview ave
Standard status
Active
Size
2,936 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6463
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1923
Architectural style
Other
Listing Agency:
mygoodagent
(888) 257-8265
Listed By:
Olivia Barham
(475) 243-6066
Added: Sep 14
Changed: Oct 4
Last Checked: Oct 5 at 1:06PM
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.
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
7.18%
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 7.18%
Second Best
Apartment 5plus
$493.4K
$431.7K – $575.6K
NOI $34,536 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$838.0K
$733.3K – $977.7K
NOI $58,660 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 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 $530,000.
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
