Two-Unit Duplex with
New
For Sale
$585,000
199 Park Street, Bridgeport, CT 06608
Multi-Family For Sale, Units on different Floors, Bridgeport, CT
Property Size2,230 SF
Lot Size0.09 Acres
Price / SF$262.33
Days on Market2
Property Features for 199 Park Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking
2
Basement
Full
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
Artic to Park
Subdivision
East Side
Standard status
Active
Size
2,230 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6761
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Window Unit(s), Ductless
Water source
Public
Amenities
front porch
private fenced yard
mini split air conditioning system
full basement
storage areas
laundry area
Building Details
Year built
1900
Architectural style
Other
Listing Agency:
Keller Williams Prestige Prop. · Keller Williams Realty
(203) 327-6700
Listed By:
Ana Isabel Naranjo
(203) 556-7535
Added: Oct 23
Last Checked: Oct 24 at 6:06PM
MLS# 24216209
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 2,230-square-foot duplex contains two residences: a three-bedroom first-floor unit and a two-bedroom second-floor unit. The first floor has a living room, kitchen, and bathroom; the upper unit includes a living room, dining room, bathroom, and enclosed sun porch. Hardwood and vinyl flooring, mini-split air conditioning, and a full basement with storage and laundry areas are among the building’s features. The property also includes a front porch, fenced yard, and detached two-car garage.
Set on a 0.09-acre lot in Bridgeport, the property is near I-95, public transportation, and shopping. It is zoned RC and was built in 1900. Both units are described as ready for occupancy. The sale is as-is and subject to the owner finding a suitable home.
Set on a 0.09-acre lot in Bridgeport, the property is near I-95, public transportation, and shopping. It is zoned RC and was built in 1900. Both units are described as ready for occupancy. The sale is as-is and subject to the owner finding a suitable home.
Key Highlights
- Two residences: one with 3 bedrooms and one with 2 bedrooms
- 2,230 square feet on a 0.09‑acre lot
- Detached 2‑car garage and fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,899
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,980
$578.0K
Cap Rate 7%
$412,843
$412.8K
Cap Rate 9%
$321,100
$321.1K
Market Conditions
NOI Build-Up for 2,230 SF
Gross rent
$44.2K $19.80/SF
− Vacancy
−$2.9K −$1.29/SF
EGI
$41.3K $18.51/SF
− OpEx
−$12.4K −$5.55/SF
NOI
$28.9K $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 Rate 5%
$577,980
Cap Rate 7%
$412,843
Cap Rate 9%
$321,100
Alternative Uses
Best Use
Multifamily LT 5
$412.8K
$361.2K – $481.7K
NOI $28,899 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$374.7K
$327.9K – $437.2K
NOI $26,231 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$636.5K
$556.9K – $742.6K
NOI $44,554 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate three-bedroom and two-bedroom residences include a basement laundry area and enclosed porch.
Where is this duplex located?
The property is located at 199 Park Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and one with 2 bedrooms; 2,230 square feet on a 0.09‑acre lot; Detached 2‑car garage and fenced yard
