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New Bedford Multifamily Home
For Sale
$449,900
Pending

151 Cedar St, New Bedford, MA 02740

Spacious three-family home in a convenient New Bedford location.

Property Size4,000 SF
Days on Market99

Property Features for 151 Cedar St

General Information

Standard status Pending
Size 4,000 SF
Property subtype Investment

Building Details

Year Built 1859
Listing Agency:
Listed By: Adam Walorz
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 6:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Adam Walorz

Investment Insights

Based on property information with market context.

Located in the heart of New Bedford, 151 Cedar St is a nearly 4000 square foot, owner-occupied three-family home. The property features three units, with one three-bedroom unit, one three-bedroom unit, and one four-bedroom unit, totaling 10 bedrooms. Each unit features convenient floor plans and open kitchens. The residence includes three full bathrooms. This property is positioned as an investment or owner-occupied opportunity in a commuter location, with access to shopping, dining, and highways. The location has a walk score of 84, indicating it is very walkable, a bike score of 66, indicating it is bikeable, and a transit score of 33, indicating some transit options are available.

Key Highlights

  • Large 3‑family home with nearly 4000 sq ft of living space.
  • Excellent owner‑occupied or investment opportunity.
  • Located in a desirable commuter location near shopping, dining, and highway access.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Grocery & Convenience Store Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,986
Businesses Nearby

Demographics for 02740, MA

45,166
Population
20,532
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
77%
High-School Grad
5.7 sq mi
ZIP Area
7,924
Density / Sq Mi
$54,563
Median Household Income
$39,310
Median Earnings
$1,052
Median Rent
$303,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Spacious three-family home in a convenient New Bedford location.
Where is this triplex located?
The property is located at 151 Cedar St New Bedford, MA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Large 3‑family home with nearly 4000 sq ft of living space.; Excellent owner‑occupied or investment opportunity.; Located in a desirable commuter location near shopping, dining, and highway access.
More about this property
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