Two-Unit Residential Income
384 Wells Street Bridgeport, CT 06606
For Sale
Under Contract
$639,900
MULTI_FAMILY - Bridgeport, CT
Property Size3,232 SF
Lot Size0.10 Acres
Price / SF$197.99
Days on Market69
Property Features for 384 Wells Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
- Standard status
- Active Under Contract
- Size
- 3,232 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5714
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1877
Listing Agency:
eRealty Advisors, Inc.
(203) 989-3635
Listed By:
Andrea Garcia · License #RES.0801882
(203) 690-8895
Added: May 16
Changed: Jul 22
Last Checked: Jul 23 at 12:06PM
MLS# 24176109
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 spacious two-family residence features two stories with a total of 6 bedrooms and 2 full bathrooms, totaling approximately 3,232 square feet of living space. Each unit is configured with 3 bedrooms and 1 full bathroom. The home includes an open porch and forced-air heat with natural gas.
Located at 384 Wells Street in Bridgeport, CT 06606, the property is described as conveniently near schools, local amenities, shopping, and major routes.
Zoned RB, this duplex provides a straightforward owner-occupant or investor-friendly layout given the two matching unit configurations.
Located at 384 Wells Street in Bridgeport, CT 06606, the property is described as conveniently near schools, local amenities, shopping, and major routes.
Zoned RB, this duplex provides a straightforward owner-occupant or investor-friendly layout given the two matching unit configurations.
Key Highlights
- Built in 1877, 2‑family home in Bridgeport
- Total of 6 bedrooms and 2 full bathrooms across both units
- Approximately 3,232 sq. ft. of living space with 12 total rooms
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
NOI $41,884 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$543.1K
$475.2K – $633.6K
NOI $38,017 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$922.5K
$807.2K – $1.08M
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
FAQs
What type of property is this?
Duplex - Two-story duplex offers two 3-bedroom units, each with a full bath, plus an open porch and natural gas forced-air heat.
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: Built in 1877, 2‑family home in Bridgeport; Total of 6 bedrooms and 2 full bathrooms across both units; Approximately 3,232 sq. ft. of living space with 12 total rooms
