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Spacious Bridgeport Multi-Family Home

384 Wells Street Bridgeport, CT 06606

384 Wells Street, Bridgeport, CT, 06606
$639,900
For Sale
Claim this Listing
$639,900

Two-family home with six bedrooms and strong investment potential.

Property Size3,232 SF
Price / SF$197.99
AddedMay 15
Days on Market61
Last RefreshJul 5 at 12:16 pm

Property Features for 384 Wells Street

General Information

Standard status
Active
Size
3,232 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1877

Listing office eRealty Advisors, Inc.

Listing date May 15, 2026

Source Compass

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 eRealty Advisors, Inc.


Investment Insights

Based on property information with market context.

This two-story, two-family home in Bridgeport features a total of 12 rooms, including 6 bedrooms and 2 full bathrooms, with approximately 3,232 sq. ft. of living space. Each unit contains 3 bedrooms and 1 full bathroom. The property is equipped with forced-air heat using natural gas and includes an open porch. The location provides convenient access to schools, local amenities, shopping, and major routes, offering strong potential for both owner-occupants and investors.

Key Highlights

  • Spacious 2‑family home with 3,232 sq. ft. of living space.
  • Each unit features 3 bedrooms and 1 full bathroom.
  • Ideal for owner‑occupants or investors.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $64.0k $19.80
− Vacancy −$4.2k −$1.29
EGI $59.8k $18.51
− OpEx −$18.0k −$5.55
NOI $41.9k $12.96
3,232 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$598.3K
$523.6K – $698.1K (±1% cap)
NOI $41,884 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$543.1K
$475.2K – $633.6K (±1% cap)
NOI $38,017 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$922.5K
$807.2K – $1.08M (±1% cap)
NOI $64,574 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Skin Care Clinic Cafe & Coffee Shop Law Firm Garden Center Locksmith Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family home with six bedrooms and strong investment potential.
Where is this duplex located?
The property is located at 384 Wells Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Spacious 2‑family home with 3,232 sq. ft. of living space.; Each unit features 3 bedrooms and 1 full bathroom.; Ideal for owner‑occupants or investors.
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