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Duplex with Fenced Yard
New
For Sale
$619,900

34 Dunbar Street, New Bedford, MA 02740

Residential Income, New Bedford, MA

Property Size2,208 SF
Lot Size0.07 Acres
Price / SF$280.75
Days on Market4

Property Features for 34 Dunbar Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res B
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Parking 2
Directions Between Dartmouth Street and Bolton Street
Subdivision South End
Standard status Active
APN 2885726
Size 2,208 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5125

Amenities

hardwood floors
fenced yard
washer/dryer hookups

Building Details

Year built 1911
Floors in Building 2
Number of units 2
Listing Agency: RE/MAX Vantage · RE/MAX International
Listed By: Eddie Lopez
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 16 at 2:06PM
MLS# 73589909

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 two-family duplex contains 2,208 square feet, with six bedrooms and two bathrooms. Both floors have hardwood flooring, and the layout includes living and dining areas. A partially finished basement has washer and dryer hookups.

The 0.0735-acre property includes a fenced yard and a driveway with space for two cars. Built in 1911, it is located in New Bedford, Massachusetts, and zoned Res B.

Key Highlights

  • 2,208 square feet with 6 bedrooms and 2 bathrooms
  • Two‑family property built in 1911
  • Hardwood floors on both floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,739
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,780 $634.8K
Cap Rate 7%
$453,414 $453.4K
Cap Rate 9%
$352,656 $352.7K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$49.0K $22.20/SF
− Vacancy
−$3.7K −$1.67/SF
EGI
$45.3K $20.54/SF
− OpEx
−$13.6K −$6.16/SF
NOI
$31.7K $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%
$634,780
Cap Rate 7%
$453,414
Cap Rate 9%
$352,656

Alternative Uses

Best Use
Multifamily LT 5
$453.4K
$396.7K – $529.0K (±1% cap)
NOI $31,739 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$416.3K
$364.2K – $485.6K (±1% cap)
NOI $29,138 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$651.0K
$569.7K – $759.6K (±1% cap)
NOI $45,573 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,259
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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate living areas include hardwood flooring, basement laundry hookups, and off-street parking.
Where is this duplex located?
The property is located at 34 Dunbar Street New Bedford, MA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: 2,208 square feet with 6 bedrooms and 2 bathrooms; Two‑family property built in 1911; Hardwood floors on both floors
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