Two-Family Home with
For Sale
$675,000
Pending
40 Railroad Avenue, Taunton, MA 02780
Residential Income, Taunton, MA
Property Size2,657 SF
Lot Size0.34 Acres
Days on Market46
Property Features for 40 Railroad Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
3.21
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Parking
10
Elementary school
Bennett Elementary
Middle school
Joseph H. Martin
High school
Taunton High School
Directions
GPS: Somerset Ave (Route 138) to Railroad Ave.
Subdivision
Weir Village
Standard status
Pending
APN
2968388
Size
2,657 SF
Lot size
0.34 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7492
Amenities
3-season room
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Elite · Keller Williams Realty
(508) 695-4545
Added: Sep 16
Changed: Oct 31
Last Checked: Oct 31 at 7:06PM
MLS# 73574745
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 property includes approximately 2,657 square feet of living space on a 0.34-acre lot. The first-floor unit has three bedrooms, while the second-floor unit contains two bedrooms. Separate utilities support independent payment of tenant utility expenses. A full basement includes a functioning kitchen and an additional room, and the walk-up attic provides further storage space.
A detached 26' x 26' two-car garage adds vehicle, storage, workshop, hobby, or equipment capacity, with a bonus room at the rear. The property also features a three-season room, wood shingle siding, ample off-street parking, and a spacious backyard. Built in 1900, it is located near Route 138 with access to shopping, dining, schools, parks, and major routes.
A detached 26' x 26' two-car garage adds vehicle, storage, workshop, hobby, or equipment capacity, with a bonus room at the rear. The property also features a three-season room, wood shingle siding, ample off-street parking, and a spacious backyard. Built in 1900, it is located near Route 138 with access to shopping, dining, schools, parks, and major routes.
Key Highlights
- Two‑family property with three‑bedroom and two‑bedroom units
- Approximately 2,657 square feet on a 0.34‑acre lot
- Detached 26' x 26' two‑car garage with rear bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,483
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,660
$949.7K
Cap Rate 7%
$678,329
$678.3K
Cap Rate 9%
$527,589
$527.6K
Market Conditions
NOI Build-Up for 2,657 SF
Gross rent
$73.3K $27.60/SF
− Vacancy
−$5.5K −$2.07/SF
EGI
$67.8K $25.53/SF
− OpEx
−$20.3K −$7.66/SF
NOI
$47.5K $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%
$949,660
Cap Rate 7%
$678,329
Cap Rate 9%
$527,589
Alternative Uses
Best Use
Multifamily LT 5
$678.3K
$593.5K – $791.4K
NOI $47,483 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$630.4K
$551.6K – $735.5K
NOI $44,128 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,265 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate utilities, off-street parking, and flexible bonus space for occupants or rental use.
Where is this duplex located?
The property is located at 40 Railroad Avenue Taunton, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑family property with three‑bedroom and two‑bedroom units; Approximately 2,657 square feet on a 0.34‑acre lot; Detached 26' x 26' two‑car garage with rear bonus room
