Two-Family Residential Income
382-384 W Clinton St New Bedford, MA 02740
382-384 W Clinton St, New Bedford, MA, 02740
$599,900
For Sale
$599,900
MULTI_FAMILY - New Bedford, MA
Property Size2,656 SF
Price / SF$225.87
Days on Market50
Property Features for 382-384 W Clinton St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RA
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 2890044
- Size
- 2,656 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5499
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Number of units
- 2
Listing Agency
Keller Williams Realty
(508) 238-5000
574 Washington Street, South Easton, MA
Listed by
Scott Morris
(508) 238-5000
Added: Jun 1 Checked: Jul 20 at 12:06 am
MLS# 73527817
Listing URL
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 well-maintained two-family home provides a total of 2,656 square feet of living space with four bedrooms and two bathrooms across two matching layouts. Each unit includes a kitchen, dining room, living room, and family room, with hardwood floors on the first-floor unit. Heating is provided by classic, cozy gas hot water cast iron radiator systems. Additional features include an enclosed porch and a partially finished walk-up attic, along with a fully fenced-in backyard and a 1-car garage.
The property is located at 382-384 W Clinton St in New Bedford, Massachusetts, in zoning noted as RA. The home is described as being just a few blocks from Buttonwood Park and St. Luke’s Hospital.
The seller-owned solar panels are tied to a common meter and are reported to produce 10+ MWh per year. This can be a practical consideration for buyers evaluating operating expenses alongside the property’s owner-occupant or rental versatility.
The property is located at 382-384 W Clinton St in New Bedford, Massachusetts, in zoning noted as RA. The home is described as being just a few blocks from Buttonwood Park and St. Luke’s Hospital.
The seller-owned solar panels are tied to a common meter and are reported to produce 10+ MWh per year. This can be a practical consideration for buyers evaluating operating expenses alongside the property’s owner-occupant or rental versatility.
Key Highlights
- Two‑family home built in 1915 with 2 units and 2,656 sq ft of living space, offering 4 bedrooms and 2 bathrooms total.
- Each unit includes kitchen, dining room, living room, and family room, plus 2 bedrooms per floor.
- Gas hot water cast iron radiator heat and hardwood floors in the 1st‑floor unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.0k | $22.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $54.5k | $20.54 |
| − OpEx | −$16.4k | −$6.16 |
| NOI | $38.2k | $14.37 |
2,656 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$545.4K
$477.2K – $636.3K
NOI $38,179 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$500.7K
$438.1K – $584.2K
NOI $35,050 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$783.1K
$685.3K – $913.7K
NOI $54,820 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-unit home with enclosed porch, partially finished walk-up attic, fenced yard, and seller-owned solar.
Where is this duplex located?
The property is located at 382-384 W Clinton St New Bedford, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑family home built in 1915 with 2 units and 2,656 sq ft of living space, offering 4 bedrooms and 2 bathrooms total.; Each unit includes kitchen, dining room, living room, and family room, plus 2 bedrooms per floor.; Gas hot water cast iron radiator heat and hardwood floors in the 1st‑floor unit.
