Triplex With Off-Street
For Sale
$709,000
Pending
320 Davis Street, New Bedford, MA 02746
Residential Income, New Bedford, MA
Property Size3,396 SF
Lot Size0.07 Acres
Days on Market52
Property Features for 320 Davis Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 7, Bedroom 1, Bedroom 9, Bedroom 6, Bedroom 8, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 1
Parking
3
Directions
Please use GPS
Standard status
Pending
APN
M:0103 L:0145,2899670
Size
3,396 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6399
Amenities
hardwood floors
vinyl replacement windows
laundry hookups
fenced-in yard
storage shed
central air
dishwasher
bidet
Building Details
Year built
1910
Floors in Building
3
Number of units
3
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Aug 25
Changed: Sep 15
Last Checked: Oct 15 at 12:06PM
MLS# 73567743
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.
Investment Insights
Based on property information with market context.
This 3,396-square-foot triplex, built in 1910, contains three residential units with a total of 9 bedrooms, including 3 bedrooms per unit. Interior features include hardwood floors and vinyl replacement windows. The property also has a full basement with full-size exterior door access, 3 laundry hookups, a fenced yard, storage shed, and driveway parking for approximately 3 cars. The first-floor unit includes central air, gas-fired forced-hot-air heating, a dishwasher, and a bidet in the bathroom; its heating system is approximately 5 years old.
The first-floor unit will be delivered vacant at closing. Lead-safe certificates are available for all 3 units, and the sale includes the kitchen appliances, including 3 refrigerators. The property is located at 320 Davis Street in New Bedford, Massachusetts, and is zoned RC.
The first-floor unit will be delivered vacant at closing. Lead-safe certificates are available for all 3 units, and the sale includes the kitchen appliances, including 3 refrigerators. The property is located at 320 Davis Street in New Bedford, Massachusetts, and is zoned RC.
Key Highlights
- 3,396 SF triplex with 9 total bedrooms; each unit has 3 bedrooms
- Full basement with full‑size exterior door access, 3 laundry hookups, and storage shed
- Driveway parking for approximately 3 cars plus a fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,816
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,320
$976.3K
Cap Rate 7%
$697,371
$697.4K
Cap Rate 9%
$542,400
$542.4K
Market Conditions
NOI Build-Up for 3,396 SF
Gross rent
$75.4K $22.20/SF
− Vacancy
−$5.7K −$1.67/SF
EGI
$69.7K $20.54/SF
− OpEx
−$20.9K −$6.16/SF
NOI
$48.8K $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%
$976,320
Cap Rate 7%
$697,371
Cap Rate 9%
$542,400
Alternative Uses
Best Use
Multifamily LT 5
$697.4K
$610.2K – $813.6K
NOI $48,816 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$640.2K
$560.2K – $746.9K
NOI $44,816 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.00M
$876.2K – $1.17M
NOI $70,093 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - The building offers hardwood floors, replacement windows, and a fenced yard with storage shed.
Where is this triplex located?
The property is located at 320 Davis Street New Bedford, MA.
What is the asking price?
The asking price for this property is $709,000.
What are key features of this property?
This property features: 3,396 SF triplex with 9 total bedrooms; each unit has 3 bedrooms; Full basement with full‑size exterior door access, 3 laundry hookups, and storage shed; Driveway parking for approximately 3 cars plus a fenced yard
