10-Bedroom Multifamily
391 Coleman Street, Bridgeport, CT 06604
For Sale
$950,000
Multi-Family For Sale, Units on different Floors, Bridgeport, CT
Property Size2,830 SF
Lot Size0.07 Acres
Price / SF$335.69
Days on Market102
Property Features for 391 Coleman Street
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Lot features
Elementary school
High school
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
stainless steel appliances
in-unit laundry
Building Details
Year built
Architectural style
Listing Agency:
US Asset Realty
(800) 913-1936
Listed By:
Alexia Andrade · License CT RES.0815052
(203) 383-9986
Added: Aug 6
Changed: Nov 15
Last Checked: Nov 15 at 1:06PM
MLS# 24197470
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.
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Investment Insights
Based on property information with market context.
This multifamily property at 391 Coleman Street in Bridgeport, Connecticut, contains 2,830 square feet on a 0.07-acre lot. The room schedule identifies 10 bedrooms and four bathrooms, providing a substantial residential layout within the building. The property is listed with a 2026 year built and an under-construction condition.
Building systems include hot-water heating and central air conditioning. Public water and public sewer serve the property. RB zoning applies to the site, adding a defined land-use designation for evaluation by prospective owners and investors. The address is located in Fairfield County, within ZIP Code 06604.
Building systems include hot-water heating and central air conditioning. Public water and public sewer serve the property. RB zoning applies to the site, adding a defined land-use designation for evaluation by prospective owners and investors. The address is located in Fairfield County, within ZIP Code 06604.
Key Highlights
- 2,830 square feet on a 0.07‑acre lot
- 10 bedrooms and four bathrooms
- RB zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,289
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,780
$665.8K
Cap Rate 7%
$475,557
$475.6K
Cap Rate 9%
$369,878
$369.9K
Market Conditions
NOI Build-Up for 2,830 SF
Gross rent
$63.8K $22.56/SF
− Vacancy
−$3.3K −$1.17/SF
EGI
$60.5K $21.39/SF
− OpEx
−$27.2K −$9.62/SF
NOI
$33.3K $11.76/SF
Area
Bridgeport, CT
Vacancy
5.20%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,780
Cap Rate 7%
$475,557
Cap Rate 9%
$369,878
Alternative Uses
Best Use
Apartment 5plus
$475.6K
$416.1K – $554.8K
NOI $33,289 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$807.7K
$706.8K – $942.4K
NOI $56,542 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,925
Businesses Nearby
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Business Placement
Demographics for 06604, CT
30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Bridgeport, CT
Properties on Market for Multifamily properties in Bridgeport
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - RB-zoned property includes four bathrooms, central air, and public water and sewer service.
Where is this multifamily property located?
The property is located at 391 Coleman Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2,830 square feet on a 0.07‑acre lot; 10 bedrooms and four bathrooms; RB zoning
