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Two-Unit Duplex with Deck
For Sale
$995,000

33 Dora St, Stamford, CT 06902

R5-zoned property offers separate utilities, shared garage parking, and access to the nearby waterfront.

Property Size2,300 SF
Price / SF$432.61
Days on Market213
Rey
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Property Features for 33 Dora St

General Information

Standard status Active
Size 2,300 SF
Total Parking Spaces 5
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Amenities

hardwood floors
picture windows
eat-in kitchen
dining room
living room
attic storage
back deck
washer/dryer
basement storage
bonus room

Building Details

Year Built 1966
Listing Agency: Coldwell Banker Realty
Listed By: Ned Osterhus · License #RES.0808547
Source: Bryanmorristeam
Added: Mar 17 Changed: Oct 15 Last Checked: Oct 7 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1966, this 2,300 SF duplex contains two matching three-bedroom, one-bath residences. Both units feature eat-in kitchens, dining areas, hardwood flooring, bright living rooms, and separate utilities. The upper residence includes a refreshed bathroom, newer kitchen cabinetry, attic storage, and a raised rear deck. Its mechanical system uses a tankless Navien hot water unit, while the lower unit has an oil-fired boiler serving heat and tankless hot water.

A shared basement provides storage, interior access for the first-floor residence, washer and dryer hookups, and a partially finished bonus room. Exterior improvements include a detached two-car garage, a parking area for three vehicles, awnings, gutters, lighting, and the upper deck. The property is located at 33 Dora Street in Stamford, with walk-to-water access, beach rights, and a water view.

Key Highlights

  • Two three‑bedroom, one‑bath units with matching layouts
  • 2,300 SF duplex built in 1966
  • Separate utilities for both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,257
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,140 $885.1K
Cap Rate 7%
$632,243 $632.2K
Cap Rate 9%
$491,744 $491.7K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$67.6K $29.40/SF
− Vacancy
−$4.4K −$1.91/SF
EGI
$63.2K $27.49/SF
− OpEx
−$19.0K −$8.25/SF
NOI
$44.3K $19.24/SF
Area
Stamford, CT
Vacancy
6.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,140
Cap Rate 7%
$632,243
Cap Rate 9%
$491,744

Alternative Uses

Best Use
Multifamily LT 5
$632.2K
$553.2K – $737.6K (±1% cap)
NOI $44,257 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$565.5K
$494.8K – $659.7K (±1% cap)
NOI $39,584 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$831.6K
$727.7K – $970.2K (±1% cap)
NOI $58,213 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Pharmacy Barber Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 06902, CT

69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - R5-zoned property offers separate utilities, shared garage parking, and access to the nearby waterfront.
Where is this duplex located?
The property is located at 33 Dora St Stamford, CT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two three‑bedroom, one‑bath units with matching layouts; 2,300 SF duplex built in 1966; Separate utilities for both residences
More about this property
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