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    140 Midland Ave Marthas Vineyard, MA 02568

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    For Sale
    $1,495,000

    Centrally located four-unit multifamily property with recent upgrades.

    Lot size:
    0.22 Acres

    Property Features for 140 Midland Ave

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1974

    Source: Donnelly + Co. Agent Tina Miller

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

    Overview

    Four-Unit Multifamily Home

    This multifamily property features four one-bedroom, one-bath apartments. Situated on a 9,600 sqft lot, the property includes off-street parking, a garage, and a yard with mature plantings. Recent upgrades include a new Nitro septic/wastewater system installed in 2023, a roof replacement in 2021, solar panels installed in 2022, window replacements in 2013, and hot water heaters replaced in 2024. The property is centrally located.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Marthas Vineyard
    County
    State
    Massachusetts
    Longitude
    -70.5999
    Latitude
    41.4442

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    FAQs

    What type of property is this?
    Quadplex - Centrally located four-unit multifamily property with recent upgrades.
    Where is this quadplex located?
    The property is located at 140 Midland Ave Marthas Vineyard, MA.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Multi-family home with 4 units, offering income potential; - Recent upgrades: **new septic system (2023), roof (2021), solar panels (2022), and hot water heaters (2024)**; - Centrally located
    (508) 561-0042
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    140 Midland Ave Marthas Vineyard, MA 02568
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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
    140 Midland Ave Marthas Vineyard, MA 02568
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