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Two-Unit Duplex with Detached Garage
For Sale
$525,000

337 Poplar Street, Bridgeport, CT 06605

Two residential units each include two bedrooms, one full bathroom, and five rooms.

Property Size3,041 SF
Lot Size0.13 Acres
Days on Market25

Property Features for 337 Poplar Street

General Information

Standard status Active
Size 3,041 SF
Total Parking Spaces 3
Lot size 0.13 Acres
Property subtype 2 Family

Property Condition

Severity Repairs Needed
Evidence Both main-unit kitchens require renovation

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,111

Building Details

Building Size 3,041 SF
Year Built 1910
Listing Agency: Compass Connecticut, LLC
Listed By: Rudy Sookraj
Source: Higginsgroup
Added: Sep 11 Changed: Sep 29 Last Checked: Oct 4 at 3:39PM

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 Compass Connecticut, LLC

Investment Insights

Based on property information with market context.

Built in 1910, this duplex contains two residential units, with each main unit arranged around five rooms, two bedrooms, and one full bathroom. Interior features include wood flooring, updated bathroom finishes, and bright living areas. Both kitchens require renovation, while the finished attic provides bonus space through a rear staircase. A full unfinished basement adds storage, and the detached garage accommodates three vehicles.

The property is located at 337 Poplar Street in Bridgeport, CT, on a level 0.13-acre lot. Improvements completed in 2026 include roof and gutter work, interior painting, bathroom updates, heating-system work, and a third-floor window update. The remaining windows were replaced in 2021. The property is offered as is.

Key Highlights

  • Two‑unit duplex with five rooms, two bedrooms, and one full bathroom per main unit
  • Three‑car detached garage provides on‑site vehicle storage
  • Level 0.13‑acre lot at 337 Poplar Street, Bridgeport, CT 06605

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,409
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,180 $788.2K
Cap Rate 7%
$562,986 $563.0K
Cap Rate 9%
$437,878 $437.9K
Market Conditions
NOI Build-Up for 3,041 SF
Gross rent
$60.2K $19.80/SF
− Vacancy
−$3.9K −$1.29/SF
EGI
$56.3K $18.51/SF
− OpEx
−$16.9K −$5.55/SF
NOI
$39.4K $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%
$788,180
Cap Rate 7%
$562,986
Cap Rate 9%
$437,878

Alternative Uses

Best Use
Multifamily LT 5
$563.0K
$492.6K – $656.8K (±1% cap)
NOI $39,409 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$511.0K
$447.1K – $596.2K (±1% cap)
NOI $35,771 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$868.0K
$759.5K – $1.01M (±1% cap)
NOI $60,758 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith

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

1,090
Businesses Nearby

Demographics for 06605, CT

23,867
Population
10,799
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
10,377
Density / Sq Mi
$59,673
Median Household Income
$40,276
Median Earnings
$1,423
Median Rent
$273,100
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units each include two bedrooms, one full bathroom, and five rooms.
Where is this duplex located?
The property is located at 337 Poplar Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with five rooms, two bedrooms, and one full bathroom per main unit; Three‑car detached garage provides on‑site vehicle storage; Level 0.13‑acre lot at 337 Poplar Street, Bridgeport, CT 06605
More about this property
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