Side-by-Side Duplex with Hardwood
For Sale
$749,900
32-34 Eddy St, Mansfield, MA 02048
Well-maintained duplex with updated bathrooms, outdoor decks, and separate side-by-side residences.
Property Size2,268 SF
Days on Market50
Property Features for 32-34 Eddy St
General Information
Standard status
Active
Size
2,268 SF
Property subtype
Investment
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,202
Amenities
hardwood floors
in-unit laundry
decks
yard
Building Details
Building Size
2,268 SF
Year Built
1900
Buildings
1
Stories
3
Units
2
Listing Agency:
Conway - Mansfield
Listed By:
LeeAnn Cerretani · License #38846
(508) 954-2621
Source:
Elliman
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 28 at 8:36AM
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 Conway - Mansfield
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family property in Mansfield, MA, contains two side-by-side residences with two bedrooms in each unit. Hardwood flooring extends throughout both homes, while the bathrooms have been updated with vinyl flooring. One unit offers single-level living, and the other includes in-unit laundry. Both residences open to front and side decks overlooking the maintained yard.
The decks were replaced in 2024 and 2025 with composite decking and vinyl railings. The property also has two new hot water heaters installed in 2026. The roof dates to 2008 and uses 30-year shingles, while the exterior was painted in 2022 with annual touch-ups and shingle repairs. Located at 32-34 Eddy St, the property has a Walk Score of 82 and a Bike Score of 55.
The decks were replaced in 2024 and 2025 with composite decking and vinyl railings. The property also has two new hot water heaters installed in 2026. The roof dates to 2008 and uses 30-year shingles, while the exterior was painted in 2022 with annual touch-ups and shingle repairs. Located at 32-34 Eddy St, the property has a Walk Score of 82 and a Bike Score of 55.
Key Highlights
- Two side‑by‑side units with two bedrooms each
- Hardwood floors throughout both residences
- Updated bathrooms with vinyl flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,531
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,620
$810.6K
Cap Rate 7%
$579,014
$579.0K
Cap Rate 9%
$450,344
$450.3K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$62.6K $27.60/SF
− Vacancy
−$4.7K −$2.07/SF
EGI
$57.9K $25.53/SF
− OpEx
−$17.4K −$7.66/SF
NOI
$40.5K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,620
Cap Rate 7%
$579,014
Cap Rate 9%
$450,344
Alternative Uses
Best Use
Multifamily LT 5
$579.0K
$506.6K – $675.5K
NOI $40,531 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$538.1K
$470.8K – $627.8K
NOI $37,667 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,682 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
Demographics for 02048, MA
23,860
Population
9,228
Households
2.6
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
20.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$131,409
Median Household Income
$65,154
Median Earnings
$1,702
Median Rent
$571,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with updated bathrooms, outdoor decks, and separate side-by-side residences.
Where is this duplex located?
The property is located at 32-34 Eddy St Mansfield, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two side‑by‑side units with two bedrooms each; Hardwood floors throughout both residences; Updated bathrooms with vinyl flooring
