Two-Family Duplex with Fenced
For Sale
$439,900
158 Adams St, New Bedford, MA 02746
Residential Income, New Bedford, MA
Property Size1,473 SF
Lot Size0.07 Acres
Price / SF$298.64
Days on Market50
Property Features for 158 Adams St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2
Directions
use GPS
Subdivision
West
Standard status
Active
APN
M:0089 L:0127,2897661
Size
1,473 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4811
Amenities
fenced yard
Building Details
Year built
1913
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: Sep 12
Changed: Oct 29
Last Checked: Oct 31 at 2:06AM
MLS# 73576250
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.
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Investment Insights
Based on property information with market context.
This attached two-family duplex contains 1,473 square feet and was built in 1913. The front apartment is the larger unit, with a living room, kitchen with laundry, bathroom, bedroom, and loft-style bedroom. The rear apartment offers a living room, kitchen, bathroom, and one bedroom, with both side and rear entrances.
The property includes a 0.0682-acre lot and a fenced yard. The basement is accessed through an exterior bulkhead, and both hot water tanks are less than 2 years old. Zoning is RB. There is no off-street parking or driveway.
The property includes a 0.0682-acre lot and a fenced yard. The basement is accessed through an exterior bulkhead, and both hot water tanks are less than 2 years old. Zoning is RB. There is no off-street parking or driveway.
Key Highlights
- Two‑family duplex with 1,473 square feet
- Front apartment includes a loft‑style bedroom and kitchen laundry
- Rear apartment has separate side and back entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,174
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,480
$423.5K
Cap Rate 7%
$302,486
$302.5K
Cap Rate 9%
$235,267
$235.3K
Market Conditions
NOI Build-Up for 1,473 SF
Gross rent
$32.7K $22.20/SF
− Vacancy
−$2.5K −$1.67/SF
EGI
$30.2K $20.54/SF
− OpEx
−$9.1K −$6.16/SF
NOI
$21.2K $14.37/SF
Area
New Bedford, MA
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,480
Cap Rate 7%
$302,486
Cap Rate 9%
$235,267
Alternative Uses
Best Use
Multifamily LT 5
$302.5K
$264.7K – $352.9K
NOI $21,174 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$277.7K
$243.0K – $324.0K
NOI $19,439 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$434.3K
$380.0K – $506.7K
NOI $30,403 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
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Business Placement
Demographics for 02746, MA
17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Attached residential income property with two separate apartments, a basement, and a fenced yard.
Where is this duplex located?
The property is located at 158 Adams St New Bedford, MA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Two‑family duplex with 1,473 square feet; Front apartment includes a loft‑style bedroom and kitchen laundry; Rear apartment has separate side and back entrances
