Duplex with Newly Installed
For Sale
$695,000
10 Oak Avenue, Taunton, MA 02780
MULTI_FAMILY - Taunton, MA
Property Size1,743 SF
Lot Size0.24 Acres
Price / SF$398.74
Days on Market99
Property Features for 10 Oak Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
URBRES
Bedrooms
7
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1
Parking
4
Directions
Oak Street to Oak Avenue. Please use personal GPS.
Standard status
Active
APN
M:77 L:9 U:,2979559
Size
1,743 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4716
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Elite · Keller Williams Realty
(508) 695-4545
Added: May 5
Changed: Aug 1
Last Checked: Aug 11 at 6:06PM
MLS# 73512555
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family duplex on Oak Avenue was built in 1900 and offers versatile layout options for either owner occupancy or rental use. The property includes a newly installed roof and additional exterior updates. The first-floor unit is especially large and features four bedrooms, while the second-floor unit offers three bedrooms, providing a total of seven bedrooms across both units.
The home is serviced by municipal water, municipal sewer, and natural gas. It is positioned in a convenient Taunton setting with access to a new T station, major highway access, shopping, and nearby parks, including a dog park within walking distance. The property sits on a 0.24-acre lot and has 1,743 square feet of building area. Zoning is URBRES.
With its two distinct bedroom-count configurations and on-site living option, the duplex can support a variety of tenant or occupant arrangements while keeping day-to-day utilities centralized through municipal services.
The home is serviced by municipal water, municipal sewer, and natural gas. It is positioned in a convenient Taunton setting with access to a new T station, major highway access, shopping, and nearby parks, including a dog park within walking distance. The property sits on a 0.24-acre lot and has 1,743 square feet of building area. Zoning is URBRES.
With its two distinct bedroom-count configurations and on-site living option, the duplex can support a variety of tenant or occupant arrangements while keeping day-to-day utilities centralized through municipal services.
Key Highlights
- Newly installed roof plus additional exterior updates
- Two‑family layout with four‑bedroom first‑floor unit and three‑bedroom second‑floor unit
- Municipal water, municipal sewer, and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,149
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$622,980
$623.0K
Cap Rate 7%
$444,986
$445.0K
Cap Rate 9%
$346,100
$346.1K
Market Conditions
NOI Build-Up for 1,743 SF
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.
Gross rent
$48.1K $27.60/SF
− Vacancy
−$3.6K −$2.07/SF
EGI
$44.5K $25.53/SF
− OpEx
−$13.3K −$7.66/SF
NOI
$31.1K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$622,980
Cap Rate 7%
$444,986
Cap Rate 9%
$346,100
Alternative Uses
Best Use
Multifamily LT 5
$445.0K
$389.4K – $519.2K
NOI $31,149 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$413.5K
$361.9K – $482.5K
NOI $28,948 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.06M
$928.8K – $1.24M
NOI $74,302 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex two-family with a newly installed roof, municipal water and sewer, and natural gas in a URBRES-zoned Taunton location.
Where is this duplex located?
The property is located at 10 Oak Avenue Taunton, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Newly installed roof plus additional exterior updates; Two‑family layout with four‑bedroom first‑floor unit and three‑bedroom second‑floor unit; Municipal water, municipal sewer, and natural gas
