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New Bedford Two-Family Home

407 Park St, New Bedford, MA 02740

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For Sale

$469,900

Two-family home in New Bedford's West End with fenced yard.

Type:2 Family - 2 Units Up/Down

Property size:

2,402 SF

Price / SF:

$195/SF

HighLights

Two‑family home, ideal for rental income or multi‑generational living.
Located in the desirable West End of New Bedford.
Spacious layouts on both floors feature living room, dining room, and eat‑in kitchen.
Second floor boasts 3 bedrooms.
First floor has 2 bedrooms.
Includes off‑street parking and a fenced‑in yard.

We can help!

Listing Contact

Lisa Bowman

Learn more

For Sale

$469,900

Two-family home in New Bedford's West End with fenced yard.

Type:2 Family - 2 Units Up/Down

Property size:

2,402 SF

Price / SF:

$195/SF

Added:: May 6, 2026
Days on Market:: 39
Last Refresh:: May 16 at 12:08 am

Property Features for 407 Park St

General Information

Standard status: Active
Size: 2,402 SF
Property subtype: 2 Family - 2 Units Up/Down

Building Details

Year Built: 1913

We can help!

Listing Contact

Lisa Bowman

Listing agent Lisa Bowman

Listing office Keller Williams Realty

Listing date May 6, 2026

Source Lockandkeyre

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 Keller Williams Realty

HighLights

Two‑family home, ideal for rental income or multi‑generational living.
Located in the desirable West End of New Bedford.
Spacious layouts on both floors feature living room, dining room, and eat‑in kitchen.
Second floor boasts 3 bedrooms.
First floor has 2 bedrooms.
Includes off‑street parking and a fenced‑in yard.

Overview

This two-family home is located in the West End of New Bedford. The first floor features two bedrooms, a full bathroom, a living room, a dining room, and an eat-in kitchen. The second floor includes three bedrooms, a full bathroom, a living room, a dining room, and a sizable eat-in kitchen. The property includes off-street parking and a fenced-in yard. The building size is 2402 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$53.3k	$22.20
− Vacancy	−$4.0k	−$1.67
EGI	$49.3k	$20.54
− OpEx	−$14.8k	−$6.16
NOI	$34.5k	$14.37

2,402 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$493.3K

$431.6K – $575.5K (±1% cap)

NOI $34,528 @ 7.0% cap · market cap 7.35%

Second Best

Apartment 5plus

$452.8K

$396.2K – $528.3K (±1% cap)

NOI $31,698 @ 7.0% cap · market cap 6.75%

Theoretical Best

Office A

$708.2K

$619.7K – $826.3K (±1% cap)

NOI $49,577 @ 7.0% cap · market cap 10.55%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Bedford
County: Bristol
State: Massachusetts
Longitude: -70.9396119
Latitude: 41.6405588

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For sale
Duplexes
MA
New Bedford
02740
407 Park St

What type of property is this?

Duplex - Two-family home in New Bedford's West End with fenced yard.

Where is this duplex located?

The property is located at 407 Park St New Bedford, MA.

What is the asking price?

The asking price for this property is $469,900.

What are key features of this property?

This property features: Two‑family home, ideal for rental income or multi‑generational living.; Located in the desirable West End of New Bedford.; Spacious layouts on both floors feature living room, dining room, and eat‑in kitchen.