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Two-Unit Property with Finished Third Floor
For Sale
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222 State St, New Bedford, MA 02740

Separate heating systems, basement laundry, and off-street parking support the existing residential layout.

Property SizeContact for details
Days on Market145

Property Features for 222 State St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Berkshire Hathaway HomeServices Verani Realty Londonderry
Listed By: Madison Pyburn · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:48PM

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 Berkshire Hathaway HomeServices Verani Realty Londonderry

Investment Insights

Based on property information with market context.

This duplex at 222 State St in New Bedford includes two residential units and a large finished third floor. The upper level offers flexibility for expansion within the existing property, including the possibility of incorporating space into an existing unit or creating an additional unit, subject to applicable approvals. The building has vinyl windows, some vinyl siding, an asphalt shingle roof installed less than 10 years ago, and gas cooking.

Basement amenities include two sets of laundry hookups and areas of poured concrete that provide storage space. The first-floor unit uses oil heat, while the second-floor unit is heated by gas. Additional site features include off-street parking, a carport, yard space, and current owner occupancy. The property is in the Acushnet Heights District, with access to a highway and a nearby high school.

Key Highlights

  • Two‑unit duplex with a large finished third floor
  • Finished third floor may support unit expansion or an additional unit, subject to approvals
  • Asphalt shingle roof is less than 10 years old

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Dental Office Law Firm Parking Lot & Garage Gym & Fitness Center

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

757
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
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Frequently Asked Questions

What type of property is this?
Duplex - Separate heating systems, basement laundry, and off-street parking support the existing residential layout.
Where is this duplex located?
The property is located at 222 State St New Bedford, MA.
What are key features of this property?
This property features: Two‑unit duplex with a large finished third floor; Finished third floor may support unit expansion or an additional unit, subject to approvals; Asphalt shingle roof is less than 10 years old
More about this property
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