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240 Oak Street

Bridgeport, Connecticut 06604

ACTIVE - NEW$5,400,000
Beds
30
Baths
32
SqFt
18,578
Acres
0.43
Year Built
1968
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

240 OAK STREET | BRIDGEPORT, CONNECTICUT 32-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY An exceptional opportunity to acquire a substantial brick multifamily asset in Bridgeport, Connecticut. 240 Oak Street is a 32-unit apartment building offering investors a diversified residential unit mix consisting of studios, one-bedroom apartments, duplex-style units, and two-bedroom apartments. The property features tenant-paid utilities, providing an attractive operating structure for ownership while helping control utility exposure and ongoing operating expenses. PROPERTY HIGHLIGHTS 32 Residential Units Brick Multifamily Construction Diverse Unit Mix Studios * 1 Bedrooms * Duplexes * 2 Bedrooms Tenant-Paid Utilities Approximately 20 On-Site Parking Spaces On-Site Laundry Conveniently located on the lower level 240 Oak Street represents a compelling opportunity for an investor seeking scale in the Bridgeport multifamily market. With 32 units under one roof, multiple apartment configurations, tenant-paid utilities, dedicated parking and on-site laundry, the property offers a strong combination of existing income-producing fundamentals and long-term investment potential.

Key Facts

City/Town
Bridgeport
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1968
Days on Market
0 days
Beds
30
Baths
32 full
Living Area
18,578 sq ft
Lot Size
0.43 acres
Garage / Parking
20 total
Property Taxes
$67,553 / Annually

Market Snapshot

The Bridgeport Market

Multi-Family · trailing 12 months

Median Days on Market

49

63 active listings

Median $ / Sq Ft

$228

63 active listings

Sale-to-List Ratio

100.0%

260 sales

How this home compares

List Price

$5.40M

vs $675,000 median

8.0× the median

Price / Sq Ft

$291

vs $228 median

27.6% above median

Days on Market

0 days

vs 49 days median

49 days fresher than median

Based on 63 active and 260 closed sales (trailing 12 mo) of multi-family in Bridgeport. Source: SmartMLS · As of August 26, 2026.

Location

240 Oak Street, Bridgeport, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$35,162

per month

  • Principal & Interest$27,733
  • Property Taxes$5,629
  • Insurance$1,800
  • 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
5 Family+
Style
Units on different Floors
Year Built
1968
New Construction
No/Resale
Living Area
18,578 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Electric
Cooling
None
Laundry
Coin Op Laundry
Basement
Full

Exterior & Lot

Lot Size
0.43 acres
Zoning
RC
Garage / Parking
20 total parking spacesOff Street Parking
Waterfront Details
Beach Rights
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Roof
Other
Foundation
Brick
Lot Description
Level Lot

Listing & Financials

Property Taxes
$67,553 / Annually
Days on Market
0
MLS #
24201999
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Lisa Nussbaum

Top Tier Realty Group, LLC

(203) 521-5339

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

The IDX display contains information sourced from SmartMLS, Inc. as of 8/26/2026. 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 8/26/2026 at 7:20 PM UTC.