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    48 West Tisbury Rd Edgartown, MA 02539

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    For Sale
    $1,350,000

    Rare multifamily residence in desirable location near shops and harbor.

    Lot size:
    0.09 Acres

    Property Features for 48 West Tisbury Rd

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1950

    Source: eXp Realty Agent Mavis Francis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Edgartown Multifamily Residence For Sale

    This multifamily residence presents an investment opportunity or island retreat. The property features 3 bedrooms and 3 bathrooms, with bonus spaces, off-street parking, and a backyard. Expansion potential exists, pending town approval. Situated steps from Edgartown's shops, restaurants, and harbor, the home is located in a desirable area of Martha's Vineyard. It may be suitable for generating rental income or hosting guests.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Auto Repair Shop Dental Office Building Supply Wholesale Shop Pharmacy Storage Facility Electronics Store Convenience Store Accounting Firm HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgartown
    County
    Dukes
    State
    Massachusetts
    Longitude
    -70.522776
    Latitude
    41.3903121

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    FAQs

    What type of property is this?
    Multifamily property - Rare multifamily residence in desirable location near shops and harbor.
    Where is this multifamily property located?
    The property is located at 48 West Tisbury Rd Edgartown, MA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Prime Location: Steps from Edgartown's shops, restaurants, and harbor in Martha's Vineyard's most desirable area.; - Multi-Family Residence: Unique investment opportunity or island retreat.; - 3 Bedrooms, 3 Bathrooms: Ideal for rental income, hosting guests, or settling into island life.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48 West Tisbury Rd Edgartown, MA 02539
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