Side-by-Side 4-Unit
New
For Sale
$699,000
49-55 Dupont Place, Bridgeport, CT 06610
Multi-Family For Sale, Units are Side-by-Side, Bridgeport, CT
Property Size2,764 SF
Lot Size0.16 Acres
Price / SF$252.89
Days on Market3
Property Features for 49-55 Dupont Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1
Parking
2
Basement
Partial, Crawl Space
Lot features
Corner Lot
Elementary school
Hooker
High school
Per Board of Ed
Directions
Google GPS
Subdivision
Treeland
Standard status
Active
Size
2,764 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9425
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
front yard
rear yard
deck space
off-street parking
Building Details
Year built
1942
Architectural style
Other
Listing Agency:
BHGRE Shore & Country
(203) 504-5005
Listed By:
Mei Ling Cheung · License #RES.0800750
(914) 752-8788
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 23 at 12:06AM
MLS# 24200824
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 2764-square-foot quadplex contains four side-by-side residential units, including two one-bedroom apartments and two two-bedroom apartments. The layout provides distinct living spaces, with four bathrooms, front and rear yard areas, deck space, and off-street parking. Window unit cooling is provided, and the property was built in 1942.
Each apartment has separately metered utilities, with tenants responsible for their own utility expenses. A newer roof was installed in 2023 and carries a Lifetime Warranty. The property sits on 0.16 acres in Bridgeport, CT, with public water and public sewer service. Zoning is RA.
Each apartment has separately metered utilities, with tenants responsible for their own utility expenses. A newer roof was installed in 2023 and carries a Lifetime Warranty. The property sits on 0.16 acres in Bridgeport, CT, with public water and public sewer service. Zoning is RA.
Key Highlights
- Four‑unit side‑by‑side quadplex with two 1‑bedroom and two 2‑bedroom units
- 2764 square feet on a 0.16‑acre lot
- Separately metered utilities with tenants responsible for their own utility expenses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,819
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$716,380
$716.4K
Cap Rate 7%
$511,700
$511.7K
Cap Rate 9%
$397,989
$398.0K
Market Conditions
NOI Build-Up for 2,764 SF
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.
Gross rent
$54.7K $19.80/SF
− Vacancy
−$3.6K −$1.29/SF
EGI
$51.2K $18.51/SF
− OpEx
−$15.4K −$5.55/SF
NOI
$35.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$716,380
Cap Rate 7%
$511,700
Cap Rate 9%
$397,989
Alternative Uses
Best Use
Multifamily LT 5
$511.7K
$447.7K – $597.0K
NOI $35,819 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$464.5K
$406.4K – $541.9K
NOI $32,512 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$788.9K
$690.3K – $920.4K
NOI $55,223 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 06610, CT
23,347
Population
9,292
Households
2.5
Avg Household Size
39
Median Age
17%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
7,531
Density / Sq Mi
$50,836
Median Household Income
$36,698
Median Earnings
$1,364
Median Rent
$224,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Separate utility metering, deck space, and off-street parking serve this four-unit property.
Where is this quadplex located?
The property is located at 49-55 Dupont Place Bridgeport, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four‑unit side‑by‑side quadplex with two 1‑bedroom and two 2‑bedroom units; 2764 square feet on a 0.16‑acre lot; Separately metered utilities with tenants responsible for their own utility expenses
