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    Multi-Family Apartment Portfolio Title is generated by Realmo AI

    651-657 Maple Street, Bridgeport, CT 06608

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    Apartment portfolio with 23 total units offering a mix of 1-, 2-, and 3-bedroom layouts.

    Type:Multifamily
    Property size:
    32,806 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $163/SF
    Added:
    Jun 5, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 20 at 2:31 am

    Property Features for 651-657 Maple Street

    General Information

    Standard status
    Active
    Size
    32,806 SF
    Lot size
    0.34 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1902

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    Stavros Filippidis

    Listing office Horvath & Tremblay

    Listing date Jun 5, 2026

    Source Crexi

    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 Horvath & Tremblay

    HighLights

    • Apartment portfolio across 651‑657 Maple St, 85‑87 Caroline St, and 103‑109 Caroline St in Bridgeport, CT
    • 23 total units: fifteen 1BD/1BA, six 2BD/1BA, and six 3BD/1BA
    • 23,523 SF gross living area within 32,806 SF gross building area
    • Built in 1902 and set on 0.34 acres with on‑street parking
    • Convenient access to I‑95 via Exits 27 and 28, plus Route 8 / Route 25 connectivity

    Overview

    Caroline & Maple Apartments is a multi-family investment portfolio comprising properties at 651-657 Maple Street and 85-87 Caroline Street, along with 103-109 Caroline Street. The portfolio totals 32,806 square feet of gross area and contains 23 units, including six 3-bedroom/1-bath units, six 2-bedroom/1-bath units, and fifteen 1-bedroom/1-bath units. The properties sit on 0.34 acres and include on-street parking.

    The portfolio is located within Bridgeport’s established residential corridor, with convenient connectivity to downtown Bridgeport. It is described as minutes from downtown and provides access to Interstate 95 via nearby Exits 27 and 28. The offering also notes direct access to Route 8 / Route 25 for north-south travel through Fairfield County.

    For buyers seeking a consolidated residential income portfolio, this opportunity provides a structured unit mix across one-, two-, and three-bedroom floor plans, all within a single ownership group. On-street parking supports day-to-day tenant access, while the stated proximity to major employment centers, neighborhood retail amenities, and regional transportation infrastructure may be useful for maintaining consistent leasing demand.

    Local Financial Insights For Apartment 5plus

    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 $740.1k $22.56
    − Vacancy −$38.5k −$1.17
    EGI $701.6k $21.39
    − OpEx −$315.7k −$9.62
    NOI $385.9k $11.76
    32,806 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $5.51M
    $4.82M – $6.43M (±1% cap)
    NOI $385,890 @ 7.0% cap · market cap 7.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $9.36M
    $8.19M – $10.92M (±1% cap)
    NOI $655,448 @ 7.0% cap · market cap 12.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1770833
    Latitude
    41.1882097

    FAQs

    What type of property is this?
    Apartment building - Apartment portfolio with 23 total units offering a mix of 1-, 2-, and 3-bedroom layouts.
    Where is this apartment building located?
    The property is located at 651-657 Maple Street Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $5,350,000.
    What are key features of this property?
    This property features: Apartment portfolio across 651‑657 Maple St, 85‑87 Caroline St, and 103‑109 Caroline St in Bridgeport, CT; 23 total units: fifteen 1BD/1BA, six 2BD/1BA, and six 3BD/1BA; 23,523 SF gross living area within 32,806 SF gross building area
    (781) 776-4002 Call to check price and availability
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