240 Oak Street
Bridgeport, Connecticut 06604
- Beds
- 30
- Baths
- 32
- SqFt
- 18,578
- Acres
- 0.43
- Year Built
- 1968
- Property Type
- 5+ Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
63
67 under contract
Median List Price
$675,000
63 active listings
Median Closed Price
$597,000
260 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 20, 2026per 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
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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.