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. BACK ON MARKET DUE TO BUYER'S INABILITY TO OBTAIN MORTGAGE! The proximity to the University of Bridgeport, Housatonic Community College, and several major employers further supports consistent rental demand and long-term investment value. Whether you're a seasoned investor looking to expand your portfolio or searching for a high-performing multifamily with exceptional cash flow, 23-27 Bishop Ave offers the perfect combination of space, modern updates, tenant-friendly amenities, a prime location, and proven income potential.
For sale
$1,000,000
23-27 Bishop Avenue, Bridgeport, CT 06607
16beds
5,274sqft
Multi Family
Built in 1913
-- sqft lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
- 91 days
- 101
- 3
Zillow last checked:
Listing updated:
Listed by:
Alexia Andrade (203)383-9986,
US Asset Realty 800-913-1936
Source: Smart MLS,MLS#: 24189853
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
- Laundry: In Unit
Features
- Basement: Full,Partially Finished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 5,274
- Total interior livable area: 5,274 sqft
- Finished area above ground: 5,274
Property
Parking
- Total spaces: 5
- Parking features: Detached, Driveway, Paved
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony
Lot
- Size: 4,791 Square Feet
- Features: Level
Details
- Parcel number: 14699
- Zoning: ORS
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Other
Condition
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Bridgeport
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $274,610
- Annual tax amount: $11,932
- Date on market: 7/8/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Listed for sale | $1,000,000+143.3%$190/sqft |
Source: | ||
| 3/2/2022 | Sold | $411,000+183.4%$78/sqft |
Source: Public Record Report a problem | ||
| 5/7/1987 | Sold | $145,000+52.6%$27/sqft |
Source: Public Record Report a problem | ||
| 1/16/1987 | Sold | $95,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,932 | $274,610 |
| 2024 | $11,932 | $274,610 |
| 2023 | $11,932 | $274,610 |
| 2022 | $11,932 | $274,610 |
| 2021 | $11,932 +6.4% | $274,610 +32.2% |
| 2020 | $11,212 | $207,660 |
| 2019 | $11,212 -0.7% | $207,660 |
| 2018 | $11,290 | $207,660 |
| 2017 | $11,290 | $207,660 |
| 2016 | $11,290 +2.9% | $207,660 -20.1% |
| 2015 | $10,974 | $260,050 |
| 2014 | $10,974 +0.8% | $260,050 |
| 2013 | $10,883 +1.8% | $260,050 |
| 2012 | $10,691 +3.7% | $260,050 |
| 2011 | $10,308 | $260,050 |
| 2010 | $10,308 +2.3% | $260,050 |
| 2009 | $10,074 +52.2% | $260,050 +75.1% |
| 2008 | $6,619 +4% | $148,480 +0% |
| 2007 | $6,366 +1.4% | $148,470 |
| 2006 | $6,277 +8.4% | $148,470 |
| 2004 | $5,789 +31.1% | $148,470 +85.6% |
| 2003 | $4,417 +29.4% | $80,010 +52.4% |
| 2001 | $3,413 +13.1% | $52,501 +13.1% |
| 2000 | $3,017 +0% | $46,410 +0% |
| 1999 | $3,016 | $46,400 |
Find assessor info on the county website
Monthly payment
Est. payment




