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23-27 Bishop Avenue

Bridgeport, Connecticut 06607

ACTIVE$1,000,000
Beds
16
Baths
5
SqFt
5,274
Acres
0.11
Year Built
1913
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Exceptional investment opportunity in the heart of Bridgeport! A well-maintained multifamily property offering spacious units, strong rental performance, and outstanding income potential. Each unit features 4 generously sized bedrooms, 1 full bathroom, updated kitchens, updated bathrooms, beautiful hardwood flooring throughout, and the convenience of in-unit laundry hookups, providing the comfort and functionality today's tenants are looking for. The property also includes a finished basement with excellent potential for an in-law setup, extended living space, or additional flexibility, buyer to do due diligence. This is a true income-producing asset, currently generating over $10,750 in gross monthly rental income, making it an exceptional addition to any investor's portfolio or an ideal opportunity for an owner-occupant looking to offset living expenses with substantial rental revenue. Ideally located on Bridgeport's East Side, the property offers convenient access to I-95, Route 8, and Route 25, providing an easy commute throughout Fairfield County and beyond. Residents are just minutes from Downtown Bridgeport, the Metro-North train station, the Bridgeport Ferry, Seaside Park, shopping centers, grocery stores, restaurants, schools, healthcare facilities, and public transportation.

Key Facts

City/Town
Bridgeport
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1913
Days on Market
20 days
Beds
16
Baths
5 full
Living Area
5,274 sq ft
Lot Size
0.11 acres
Garage / Parking
1 garage · 5 total
Property Taxes
$11,932 / Annually

Market Snapshot

The Bridgeport Market

Multi-Family · trailing 12 months

Median Days on Market

29

65 active listings

Median $ / Sq Ft

$226

65 active listings

Sale-to-List Ratio

100.0%

259 sales

How this home compares

List Price

$1.00M

vs $660,000 median

51.5% above median

Price / Sq Ft

$190

vs $226 median

15.9% below median

Days on Market

20 days

vs 29 days median

9 days fresher than median

Based on 65 active and 259 closed sales (trailing 12 mo) of multi-family in Bridgeport. Source: SmartMLS · As of July 28, 2026.

Location

23-27 Bishop Avenue, Bridgeport, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$6,426

per month

  • Principal & Interest$5,099
  • Property Taxes$994
  • Insurance$333
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Bridgeport
Neighborhood
N/A
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
Units on different Floors
Year Built
1913
New Construction
No/Resale
Living Area
5,274 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Natural Gas
Cooling
None
Laundry
All Units Have Hook-Ups
Laundry Location
Laundry Hookups in pantry of each unit
Basement
FullPartially Finished

Exterior & Lot

Lot Size
0.11 acres
Zoning
ORS
Garage / Parking
1 garage space5 total parking spacesDetached GarageDrivewayPaved
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
Yellow
Roof
Other
Foundation
Block
Exterior Features
Balcony
Lot Description
Level Lot

Listing & Financials

Property Taxes
$11,932 / Annually
Days on Market
20
MLS #
24189853
MLS Status
Active

Similar Properties

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Listed By

Alexia Andrade

(203) 383-9986

US Asset Realty

(800) 913-1936

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 5:20 AM UTC.