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Spacious Bridgeport Multi-Family Home

384 Wells Street Bridgeport, CT 06606

Claim this Listing
For Sale
Under Contract
$639,900

MULTI_FAMILY - Bridgeport, CT

Property size:
3,232 SF
Lot size:
0.10 Acres
Price / SF:
$197.99/SF
Added:
May 16, 2026
Days on Market:
60
Last Refresh:
Jul 14 at 10:06 am

Property Features for 384 Wells Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2
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 agent Andrea Garcia License #RES.0801882

Listing office eRealty Advisors, Inc. 1266 E Main St, Suite 700r, White Plains, CT

Listing date May 16, 2026

MLS# 24176109 Listing URL

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 two-story multi-family home in Bridgeport features a total of 12 rooms and approximately 3,232 square feet of living space. Each of the two units includes 3 bedrooms and 1 full bathroom. The property has forced-air heat with natural gas and an open porch. The property is located near schools, local amenities, shopping, and major routes. The lot size is 0.1 acres. This property is zoned RB.

Key Highlights

  • 2‑family home built in 1877 with approx. 3,232 sq. ft. of living space and 6 bedrooms total
  • Layout offers 2 units, each with 3 bedrooms and 1 full bathroom
  • 12 total rooms including 2 full bathrooms

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, ideal for investors.
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: 2‑family home built in 1877 with approx. 3,232 sq. ft. of living space and 6 bedrooms total; Layout offers 2 units, each with 3 bedrooms and 1 full bathroom; 12 total rooms including 2 full bathrooms
Contact an agent
More about this property
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